Nationwide E&S/Specialty is not entitled to be reimbursed by Mt. Hawley Insurance and Lloyd’s for part of a $2.725 million payment it contributed as the excess/surplus insurer to settle a personal injury suit. A New York appellate panel has found …
The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …
Allianz Commercial* announced it has increased its capacity for excess of loss cover, which will now allow brokers to purchase excess liability cover up to £50 million ($70.5 million) per individual class of business. The move, which supports Allianz’s ambition …
New Empire Group has launched a new excess liability program for real estate as part of their Prime Umbrella Program Portfolio. The program offers low minimum premiums and will provide limits of coverage from $5 million to $25 million. Higher …
XL Group’s Environmental insurance business has created a new excess insurance policy to provide clients and brokers in the U.S. and Canada with a simplified way to buy an additional layer of environmental insurance protection. This new excess insurance form …
Pioneer Programs Insurance Solutions has expanded its specialty program, Contractor’s Choice, to now include excess liability. According to Carole Fleischman, managing director of Pioneer Programs, it can now offer the following form general liability excess product on its current contractors’ …
Connecticut’s insurance department last week revoked the insurance licenses of Earl O’Garro Jr. and his insurance brokerage firm, Hybrid Insurance Group. O’Garro has been mired in an ongoing insurance controversy in Hartford, Conn., that includes allegations of failing to send …
