Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
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Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president. Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...
California Wholesalers Conference Tackled Everything from Marijuana to Trump
Jan 23 2017 // How legalized marijuana and President-elect Donald Trump will affect the insurance industry. A possible merger of the nation’s two major excess and surplus lines organizations. Renewing the National Flood Insurance...
Lloyd’s to Open India Branch Ahead of April Renewals
Jan 20 2017 // Lloyd’s, the specialist insurance and reinsurance market, announced plans to open a reinsurance branch in India, in time for the April major reinsurance renewals, following final regulatory approval from the...
Lloyd’s Moves Closer to Forming EU Subsidiary to Prepare for Brexit
Jan 18 2017 // Lloyd’s of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain’s exit from the European...
R-T Specialty Promotes Hunziker, Nielsen
Jan 12 2017 // Chicago-based wholesale insurance brokerage R-T Specialty LLC (RT) has promoted Stephen Hunziker to president of RT Specialty Minneapolis/St. Paul and Todd Nielsen to president of RT Specialty Boston Hunziker previously...
California Wholesalers Conference Tackled Everything from Marijuana to Trump
Jan 12 2017 // How legalized marijuana and President-elect Donald Trump will affect the insurance industry, a possible merger of the nation’s two major excess and surplus lines organizations, renewing the National Flood Insurance...
PURE Launches E&S Product for High Net Worth Homeowners in Florida
Jan 12 2017 // Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has launched PURE Programs, an excess & surplus lines...
QBE’s Pryce Appointed to Lloyd’s Franchise Board, Succeeding Furlonge
Jan 6 2017 // Lloyd’s announced that Richard Pryce, CEO for QBE European Operations, has been appointed by the Council of Lloyd’s as a non-executive director of the Franchise Board, the body which is responsible for the...
Atlanta-Based Insurance Specialty Group Names Harrell as President, COO
Jan 6 2017 // Stephen Harrell has been named president and chief operating officer of Insurance Specialty Group LLC (ISG), effective Jan. 1. Harrell, who previously served as executive vice president and chief operating officer since...
American Specialty Insurance & Risk Services, Inc. Announces January 1st Workers Compensation Program Launch
Jan 4 2017 // Fort Wayne, IN, January 4, 2017 – American Specialty, a recognized leader in Sports, Recreation, and Entertainment insurance, is proud to announce its new Workers Compensation program through Arch Insurance Company (A+...
National Flood Insurance Program Secures $1 Billion in Reinsurance for 2017; 25 Reinsurers Participate
Jan 3 2017 // For just the second time in its history, the federal government’s National Flood Insurance Program (NFIP) has reinsurance to help it weather major storms. The Federal Emergency Management Agency (FEMA), which manages...
Texas Surplus Lines Office Changes Acronym to SLTX
Jan 3 2017 // The Surplus Lines Stamping Office of Texas has changed its acronym to SLTX. The stamping office formerly branded itself with the SLSOT acronym. The office unveiled its new logo at the Texas Surplus Lines Association (TSLA)...
Report: Vast Majority of Surplus Lines Filings in Texas Come in on Time
Dec 29 2016 // An overwhelming majority of surplus lines policies are filed on time in Texas, according to the Surplus Lines Stamping Office of Texas. SLTX is required by statute to file an Annual Late Filers report with the Texas...
Texas Surplus Office Projects 2016 Increase in Premium, Filings
Dec 22 2016 // Projections show that the Surplus Lines Stamping Office of Texas is on track to surpass fourth quarter premium totals set in the past two years, according to data prepared by the office. The amount of surplus lines filings...
Hiscox UK Taps AIG’s White as London Regional Mgr, Professional & Specialty Lines
Dec 22 2016 // Specialist global insurer Hiscox has announced the appointment of Trish White as London regional manager for Professional and Specialty Commercial lines within Hiscox UK. White joins Hiscox from AIG, where she had worked...
Enstar Launches Bermuda Specialty Reinsurer KaylaRe; Packer Appointed CEO
Dec 20 2016 // Enstar Group Ltd. has launched KaylaRe Ltd., a Bermuda-based Class 4 reinsurer, offering a diversified range of specialty reinsurance to the global insurance market. KaylaRe launches with initial capital of $620 million,...
AXIS Capital’s London Office to Move to ‘The Scalpel,’ New Tower Near Lloyd’s
Dec 19 2016 // Bermuda-based AXIS Capital Holdings Ltd. announced its London office will be among the first commercial tenants in “The Scalpel,” a 36-story tower located at 52 Lime Street, adjacent to Lloyd’s of...
California’s Surplus Export List Getting Interest Ahead of Upcoming Hearing
Dec 13 2016 // Ben McKay, executive director of the Surplus Lines Association of California, said his phone has been quite a bit busier lately ahead of a public hearing on Friday on the state’s export list. People in the insurance...
Lloyd’s Insurers Urged to Focus on U/W Discipline as 2016 Losses Loom
Dec 13 2016 // Underwriters at Lloyd’s of London lost money in 2016, driving the 90-plus syndicates in the insurance market to be more selective in the risks they take on and forcing Lloyd’s to cut its subscription rates. To...
Kallo to Succeed McAuliffe as President of Berkley Regional Specialty
Dec 9 2016 // W.R. Berkley Corp. has named Miklos F. Kallo as president of Berkley Regional Specialty. He succeeds Paul S. McAuliffe, who will retire at the end of the year after 15 years of service with W. R. Berkley Corp. The...
