Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Best Affirms Markel and Affiliates Ratings; Outlooks Stable
Mar 25 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the members of the Markel North America Insurance Group, as well as the FSR...
Best Affirms Markel Int’l., Lloyd’s Syndicate 3000 Ratings
Mar 24 2014 // A.M. Best has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings of “a+” of UK-based Markel International Insurance Company Limited (MIICL) and Lloyd’s...
Top 10 HOT Markets to Watch
Mar 24 2014 // Insurance Journal examined industries experiencing changes and expansions in the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Endurance Insurance Enhances Network Security, Privacy Coverage
Mar 20 2014 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network...
Act ‘Quickly and Appropriately’ to Protect Brands: Lloyd’s/Airmic Advise
Mar 19 2014 // Companies should be aware of how best to protect their brands after an incident. “The key to remaining resilient and keeping brands and reputations intact is responding quickly and appropriately,” Lloyd’s...
Texas Insurance Regulators Invite Input on Surplus Lines Rules
Mar 18 2014 // Texas regulators are seeking comments on new rules related to surplus lines insurance. The Texas Department of Insurance is considering rules to implement Senate Bill (SB) 697 and 951, and House Bill (HB) 1405 (83rd Texas...
XL, American Specialty Insurance & Risk Partner for Sports, Entertainment Programs
Mar 12 2014 // XL Group’s North America Programs business and American Specialty Insurance & Risk Services, Inc., have formed a joint underwriting agreement to offer insurance programs for sports and entertainment...
Carriers Committed to D&O Segment
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Effort to Put House in Order Paying Off: Meadowbrook Insurance CEO
Mar 10 2014 // Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the “strong remedial measures” implemented to correct unacceptable results are...
Marketform Secures Baltic Region Coverholder – a First for Lloyd’s MGA’s
Mar 6 2014 // Specialist Lloyd’s underwriter Marketform announced that it is the first Lloyd’s Managing Agency to secure a coverholder in Lithuania, one of the fast-emerging countries in the Baltic region. “Initially...
Berkshire Hathaway Specialty Insurance Launches Healthcare Umbrella Policy
Mar 4 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment. Reflecting the...
Effort to Put House in Order Paying Off: Meadowbrook Insurance CEO
Feb 26 2014 // Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the “strong remedial measures” implemented to correct unacceptable results are...
Best Upgrades American Financial Group and Affiliates Ratings
Feb 26 2014 // A.M. Best has upgraded the issuer credit rating (ICR) to “a-” from “bbb+” and the debt ratings of American Financial Group, Inc. (AFG). Best has also upgraded the financial strength rating (FSR) to...
XL Group’s Specialty Businesses Launch Luxury Lines Program for Private Clients
Feb 24 2014 // XL Group’s Specialty insurance businesses in North America have teamed up on a new luxury lines to extend their equine, aviation, yacht, fine art, and kidnap, ransom & extortioncoverages to protect high net worth...
Surplus Line Association of California Names Chair, Board
Feb 24 2014 // The Surplus Line Association of California has elected Ian Fitt, CEO and chairman of Western Re/Managers Insurance Services Inc., chair of the SLA Executive Committee, the organization’s board of...
Best Affirms Ratings of Beazley Insurance Company; Outlook Stable
Feb 24 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), based in Farmington, Conn., a subsidiary of Beazley...
Private Flood Insurance Agency Now Selling in 15 States
Feb 24 2014 // A Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings. According to Evan Hecht, CEO of The Flood Insurance...
Berkshire Hathaway Specialty Launches Consolidated Endorsement for Contractors
Feb 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for...
CNA Appoints Leisz SVP, Chief Underwriting Officer for Specialty Unit
Feb 19 2014 // CNA Financial Corp., based in Chicago, appointed Christopher Leisz as senior vice president and chief underwriting officer for CNA Specialty. Leisz will take on the oversight and governance for specialty insurance products...
CNA Appoints Leisz SVP, Chief Underwriting Officer for Specialty Unit
Feb 18 2014 // CNA Financial Corp., based in Chicago, appointed Christopher Leisz as senior vice president and chief underwriting officer for CNA Specialty. Leisz will take on the oversight and governance for specialty insurance products...
