Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
ISG’s Pacific Wholesale to Acquire E.L.M. Insurance Brokers
May 2 2008 // Insurance Specialty Group LLC, parent of Atlanta, Ga.-based Pacific Wholesale Insurance Brokers (Pacific Wholesale) entered into definitive agreements to acquire and merge with El Segundo, Calif.-based E.L.M. Insurance...
Ironshore Approved as E&S Insurer in New York
Apr 28 2008 // The Excess Line Association of New York has approved Ironshore Insurance Ltd. as an eligible excess and surplus lines insurer in the Empire State. Ironshore – a Hamilton, Bermuda-based specialty insurer with roughly...
Lloyd’s Lord Levene’s L.A. Speech Lauds London
Apr 28 2008 // Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit...
Surplus Lines Association Launches Employment Web Site
Apr 23 2008 // The National Association of Professional Surplus Lines Offices has launched a new online job center to help students and young professionals find employment opportunities in the surplus lines insurance...
American E&S Appoints Broker in Vacaville, California
Apr 22 2008 // Carole Brown has rejoined American E&S Insurance Brokers as vice president and financial services broker. She will be working in the Vacaville, Calif., branch and has more 15 years experience specializing in directors...
Lowery Named to Head Lloyd’s North America
Apr 22 2008 // Lloyd’s announced the appointment of LoriAnn Lowery as its new President, North America. She will report directly to Director, Market Operations and North America Sue Langley, in London. Lowery “will be...
Maxum Specialty Names Turner as President and CEO
Apr 22 2008 // Maxum Specialty Insurance Group, based in Duluth, Ga., appointed F. Marshall Turner, II, as the president and CEO of Maxum Indemnity Co. and Maxum Casualty Insurance Co. His appointment is effective May 5, 2008. Turner...
Professional Services: Do You Know Them When You See Them?
Apr 21 2008 // The complex medical field with its often personalized treatments can be more difficult to define than other professions “Professional services” can have many different connotations, ranging from racy...
World’s Weather as a Deranged Pinball Machine?
Apr 21 2008 // The 10th edition of the European Insurance Forum (EIF), held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management Association (DIMA) April 7-8, focused on some major issues of...
Prognosis Good in Medical Professional Liability Market
Apr 21 2008 // Tort reform keeping claims frequency down; surplus up, but severity still an issue Tort reform efforts seem to be working, frequency of claims for medical liability is going down, surplus is up and reinsurance capital is...
Lloyd’s Warns on Europe Quake Risks
Apr 18 2008 // The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site –...
Lloyd’s Authorized as Brazil Reinsurer
Apr 18 2008 // Lloyd’s has received approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in Brazil. Lloyd’s announced that it had applied for the license in February (See IJ...
Lloyd’s Braces for U.S. Hurricanes
Apr 17 2008 // Lloyd’s insurers with exposures on the US East Coast have been told to brace themselves for an above average storm season, with as many as eight hurricanes tearing through the Atlantic. In an article on its web site...
American E&S Insurance Brokers Adds Fabricant as Broker
Apr 16 2008 // Steven Fabricant, a 16-year industry veteran, will join American E&S Insurance Brokers‘ San Francisco branch. Most recently with AmWINS in San Francisco, Fabricant’s book of business has included all types...
Lloyd’s Analyzes Europe’s Windstorms
Apr 16 2008 // “Winter storms in Europe are like London buses,” says an article on the Lloyd’s web site (www.lloyds.com) – “You don’t see any for a while and then along come two or three, one behind...
Lloyd’s Comments on Impact of UK’s Corporate Manslaughter Act
Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...
Excess Workers’ Comp Program for Non-subscribers Launched in Texas
Apr 11 2008 // Safety National Casualty Corp., a Missouri-based provider of excess workers’ compensation insurance, has launched a new program for non-subscriber employers in Texas. This new program, TExcess, provides excess...
Lloyd’s Finds 25 New Risks for Industry to Worry About
Apr 10 2008 // As if the insurance industry didn’t already have a heaping plate full of risks, Lloyd’s has summarized the results of a scientific conference and added 25 more. An article on its web site (www.lloyds.com)...
Lloyd’s Leaders Comment on Results
Apr 7 2008 // Title According to an article on the Lloyd’s web site (www.lloyds.com), leading figures in the Lloyd’s market have welcomed the record results for 2007 and acknowledge the strength of the market to face the...
Lloyd’s Welcomes Overhaul of U.S. Regulations
Apr 7 2008 // Lloyd’s has welcomed the focus given to international issues in the US Treasury Blueprint for modernizing the US financial regulatory structure. The report sets out how the US Treasury believes financial regulation,...
