Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
R-T Specialty Acquires Blais Excess & Surplus Agency of Texas
Feb 13 2014 // Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and...
MarketScout Acquires Specialty Bowling Program from QBE North Pointe
Feb 13 2014 // MarketScout said it has acquired a specialty underwriting facility, Bowling Center, which provides coverage for bowling centers on an admitted basis in all 50 states, except Alaska. The business was acquired from QBE North...
Qatar Insurance Company Enters Lloyd’s Market with Antares Acquisition
Feb 13 2014 // Qatar Insurance Company SAQ (QIC) announced that it has reached agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries, a specialist insurer and reinsurer operating in the...
MGAA Members Back Lloyd’s Delegated Authority Plans
Feb 11 2014 // Representatives of over 75 percent of the UK’s Managing General Agents’ Association (MGAA) member organizations gathered yesterday to hear Peter Montanaro, Head of Delegated Authorities at Lloyd’s, set...
Atlas General Insurance Services, LLC Announces New Specialty Programs Division
Feb 11 2014 // San Diego, Calif. (Feb. 11, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation of its new division, Atlas Specialty Programs. This new division will...
Private Flood Insurance Agency Now Selling in 15 States
Feb 10 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...
Scottsdale’s Miller: E&S Market Stable with Moderate Growth in 2013
Feb 10 2014 // The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the sector. “I think the E&S...
ANV Makes Structural Changes, Additions to Lloyd’s Syndicate 1861 Team
Feb 5 2014 // ANV Holdings BV, the Dutch headquartered specialty insurance business, announced a wide restructuring of its underwriting leadership within ANV Syndicate 1861. The bulletin described the initiative “as a testament to...
Lloyd’s Launches ‘Volume Claims Service’
Feb 3 2014 // Lloyd’s announced the launch of its new shared service, Volume Claims Service (VCS), which it said is “part of its overarching Claims Transformation Program, a fast and fair claims handling service which offers...
Beazley, Hiscox Form D&O Consortium with Capacity up to $50 Million
Jan 28 2014 // Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to...
Berkshire Hathaway Specialty Insurance Introduces D&O Liability Policy
Jan 27 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their...
Berkshire Hathaway Specialty Insurance to Acquire MyAssist and Insure America
Jan 27 2014 // Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche program administrator that...
Lines Sometimes Blurred in E&S Market, Experts Say
Jan 27 2014 // In the days of ole, insurance professionals knew at a glance the type of business that best fit into the excess and surplus lines market. Today, the definition of a traditional E&S account has become somewhat blurred,...
Fastest Growing E&S Carriers in Top 30 Revealed: Fitch Report
Jan 27 2014 // In a year-end report on the U.S. excess and surplus lines market, data compiled by Fitch Ratings revealed that the top growing E&S writers in recent years were not necessarily the biggest. The report, published in...
Berkshire Hathaway Specialty Insurance Emerges From 2013 As a Serious Player
Jan 27 2014 // Last year was quite a year for Berkshire Hathaway Specialty Insurance (BHSI) – or half of a year, anyway. Since opening its doors for business in June 2013 with much fanfare, the new venture has gone from four to nearly...
Surplus Lines in 2013: A Stable Market with Moderate Growth
Jan 27 2014 // The Trend Is Expected to Continue The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the...
Petersen International Launches Loss of License Insurance for Pilots
Jan 23 2014 // Petersen International Underwriters, a specialty insurance marketing and underwriting firm that writes aviation insurance business, has unveiled its new “loss of license” insurance for professional pilots. The...
Berkshire Hathaway Specialty Expands into Builder’s Risk Segment
Jan 22 2014 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its property capabilities to include builder’s risk insurance. The company also named Robert Tricamo to head the new specialty property area as vice...
Brown & Brown to Acquire Flood, Specialty Insurer The Wright Group
Jan 15 2014 // Florida-based national insurance broker Brown & Brown, Inc. has agreed to acquire The Wright Insurance Group, LLC for $602.5 million from Aquiline Capital Partners, Wright’s lead equity partner. The Wright...
Ironshore Launches Admitted Coverage for U.S. Companies Operating Overseas
Jan 15 2014 // Ironshore’s U.S. Specialty Casualty unit has launched a new coverage option for U.S.-based companies with overseas operational risk exposure. Ironshore International Connect will provide excess casualty coverage for...
