Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
American E&S Appoints Broker in San Diego
Mar 31 2008 // Marjie Amick, a 24-year industry veteran, will join American E&S Insurance Brokers’ Carlsbad, Calif., branch. Most recently, Amick was with Monarch E&S Insurance Brokers in San Diego. Her book of business...
Lloyd’s Appoints Janusz First Polish Rep
Mar 27 2008 // Lloyd’s has appointed Witold Janusz as its first representative for Poland. “His primary role will be working on the process of gaining a full establishment license for Lloyd’s in Poland,” said the...
Chartwell Adds E&S Casualty Division to Arizona Office
Mar 27 2008 // Chartwell Independent Insurance Brokers LLC, a wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, announced that it has added an Excess & Surplus (E&S) Casualty Division to...
Allied World Names Germano for Specialty Lines
Mar 25 2008 // Bermuda’s Allied World Assurance Company Holdings has announced the appointment of Todd Germano as Senior Vice President, Specialty Insurance of Allied World U.S. He will be responsible for developing new products...
People
Mar 24 2008 // The Hartford’s Chief Financial Officer David M. Johnson plans to step down later this year. He has served as the company’s top financial officer since 2001, and will remain in the position until a successor is...
Climate Change Under World Spotlight
Mar 24 2008 // Swiss Re’s latest sigma study on natural catastrophes and man-made disasters in 2007 concludes that they killed over 20,000 people and cost the insurance industry $70 billion, $28 billion related to property claims....
McClelland Joins American E&S Brokers as Senior Broker
Mar 20 2008 // American E&S Brokers of California Inc. of Irvine, Calif., has named Barbara McClelland a senior broker-casualty and property surplus lines. She will specialize in construction, environmental and products liability....
Former La. Lawmaker: Restitution Cash from Insurance Co. Liquidation
Mar 20 2008 // Former Louisiana Senate president Michael O’Keefe, serving 19.5 years for stealing from a failed medical malpractice insurance company, said he and his codefendants plan to pay $4.7 million in restitution by using...
And Now – ‘Nose’ Insurance from Lloyd’s
Mar 19 2008 // A rose is a rose and a nose is a nose, but very few noses are valued at €5 million ($7.8 million). However, if you’re in the wine business, being able to “taste/smell” the wine you’re producing is...
Max Cap to Buy U.S. Admitted Insurer
Mar 17 2008 // Max Specialty Insurance Company, of Richmond, Virginia, the U.S. excess and surplus lines unit of the Bermuda-based Max Capital Group Ltd., announced that it has agreed to acquire a U.S.-based admitted insurance company...
Lloyd’s on ‘Cyber Risks’
Mar 14 2008 // Tom Sheffield, Technical Director at Aon, pointed out that businesses are typically at ease with physical security systems, but when it comes to online matters there appears to be a lack of knowledge. Companies must think...
Coastlines at Risk from Increased Development
Mar 12 2008 // As more and more of the world’s population moves closer to the sea, the coastal developments being constructed to accommodate the migration raise growing concerns about coastal erosion. That’s the message in an...
Pennsylvania Surplus Lines Association 26th Annual Meeting
Mar 11 2008 // All members of the insurance community are invited to attend the Pennsylvania Surplus Lines Association’s 26th Annual Membership Meeting on April 9-10, 2008 at the Pittsburgh Marriott City Center Hotel in Pittsburgh,...
As the Soft Market Continues, Calif. Wholesalers Seek Specialty Niches
Mar 10 2008 // Relationships with agents, brokers and regulators critical to CIWA members The members of the California Insurance Wholesalers Association (CIWA) play a vital role in the state’s insurance market. To find out how...
Special Policies For Special Cars
Mar 10 2008 // How to find new and existing leads in the collector auto market Everyone knows a car guy. Maybe he’s the neighbor who spends entire weekends in his driveway — armed with a toothbrush, cotton swabs and chamois...
Lloyd’s Examines Third Party Liabilities from ‘Space Junk’
Mar 5 2008 // Lloyd’s examines the potential liabilities from falling space debris, following the U.S. North American Aerospace Defense Command’s (NORAD’s) successful destruction of a U.S. spy satellite. The article on...
California Surplus Line Association Elects New Officers
Mar 5 2008 // Members of the Surplus Line Association of California (SLA) elected Warren Stanley as their chairman during the SLA 2008 Annual Meeting. Stanley is principal of Wholesale Connection Insurance Services in Woodland Hills,...
Hiscox 2007 Net up 18% to $471M
Mar 4 2008 // Bermuda-based Hiscox Ltd. posted a strong profit gain in 2007. Results, released yesterday, March 3, showed a record setting £237.2 million ($471 million) pretax profit, compared to £201.1 million ($399.5 million) in...
XL Insurance Offers Excess Professional Liability with $25M Limits
Mar 4 2008 // XL Insurance announced the availability of excess professional liability coverage, with limits up to $25 million, for architectural and engineering (A/E) firms. John Glancy, chief underwriting officer of XL...
Lloyd’s is a UK Leading Business Brand
Feb 27 2008 // Lloyd’s announced that it has been selected as “one of the UK’s strongest business brands…and the highest rated insurance organization – in the Business Superbrands 2008 list.” Lloyd’s...
