Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
WV Commissioner Wants Input on What Coverages Should Be on Surplus Lines List
Aug 28 2025 // The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of...
Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying A Legal Grey Zone
Aug 28 2025 // The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the state—particularly in high-risk zones—surplus lines insurers are increasingly...
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...
Pennsylvania Finally Gets Its $200M Slice of Insurance Association’s Surplus Pie
Aug 21 2025 // Pennsylvania Attorney General Dave Sunday recently announced a $200 million transfer of funds from the Professional Liability Joint Underwriting Association (JUA) into the state’s general fund. The transfer was the...
Pivix Specialty Launches E&S Brokerage Unit With Gramm at Helm
Aug 20 2025 // Pivix Specialty Insurance Services Inc., a Scottsdale-based excess and surplus managing general agent distributing through wholesale brokers, has opened a brokerage division. Pivix, which is backed by Ambac Financial...
Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies
Aug 19 2025 // Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and...
Brightstone Specialty Acquires RMS Hospitality and Fortis Risk
Aug 15 2025 // Michigan-based Brightstone Specialty Group announced its acquisition of RMS Hospitality Group and its affiliated claims firm, Fortis Risk Solutions, from RMS Insurance Brokerage, LLC. The acquisitions expand...
African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt
Aug 11 2025 // TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which...
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason...
Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report
Aug 8 2025 // Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million items filed so far in 2025, according to data from U.S. surplus lines service and stamping offices in 15...
People Moves: Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer; Arch Insurance International Hires Byford as Senior Contingency Underwriter
Aug 6 2025 // This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International. A summary of these new hires. Lloyd’s Appoints Flaquet From Hiscox as Chief Operating...
Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto
Aug 6 2025 // New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable...
Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance
Aug 1 2025 // Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder. ANOVA, in...
South African Insurer Santam Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
Jul 23 2025 // Santam, the Cape Town, South Africa-based property/casualty insurer, has been granted “in-principle” approval by Lloyd’s to launch a syndicate based in London, which will accelerate the group’s...
People Moves: W.R. Berkley Promotes Albert President of Vela Insurance; Fusion Specialty Names Underhill Head of Americas
Jul 22 2025 // W. R. Berkley Corporation, headquartered in Greenwich, Connecticut, named Shadi Albert as president of Vela Insurance Services. He succeeds Arthur G. Davis, who will assume the role of chairman of the business. The...
Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate
Jul 21 2025 // Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026. Atradius Syndicate 1864 will...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings
Jul 21 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
Jul 18 2025 // This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several...
Trade Credit Specialist Coface Gets Nod From Lloyd’s to Launch Syndicate
Jul 17 2025 // Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch a short-term trade credit syndicate. The syndicate – Coface...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG
Jul 16 2025 // American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal, who at the start of 2025 was named CEO of reinsurance at Aon, will lead AIG’s...
