The AAMGA makes a difference.(Brief Article)

To the editor: We were surprised at the tone and, frankly, the comments of the analyst quoted in your Nov. 1 article regarding managing general agents, "Reinsurers' Return to Using MGAs Raising Questions." While only a few insurance practitioners are incompetent or crooks, as in any business or profession, likewise not every MGA, as alluded to by the article, is "out of control."

As anyone familiar with the industry knows, members of the American Assn. of Managing General Agents, which has represented the country's leading MGAs since 1926, do business under generally accepted and well-known guidelines specifically designed to preclude the apocalyptic perils that your …