Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116-year history of the industry. In...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
New Lloyd’s Policy Wording Covers Terrorist ‘Piracy’
Mar 20 2006 // As the oldest marine insurer in the world, Lloyd’s has long been aware of the menace pirates pose to shipping. These days, however, they aren’t the “Yo, ho, ho and a bottle of rum” kind of pirates,...
Atlantic Mutual ratings fall as surplus drops $100 million
Mar 20 2006 // Ratings analysts who downgraded personal lines insurer Atlantic Mutual earlier this month will be meeting with the company in the coming weeks to review results of the fourth quarter and all of 2005 before deciding what to...
Chicago’s Specialty Underwriters’ Alliance Expands to Include Trucking
Mar 20 2006 // Specialty Underwriters’ Alliance, Inc. today announced that it amended its Partner Agent Program Agreement with American Team Managers to include specialized local and intermediate trucking. ATM will provide...
Texas, Louisiana surplus lines premium decreases in 2005
Mar 20 2006 // Insurance Journal South Central–Arkansas, Louisiana, Oklahoma and Texas–vary widely in the amount of premium written in any given year. Texas has the biggest surplus lines market, followed by Louisiana,...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Not all Oil & Gas programs are created equal
Mar 20 2006 // What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique...
SPECIAL REPORT: Surplus Lines
Mar 19 2006 // With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry...
SPECIAL REPORT: Surplus Lines
Mar 19 2006 // Earthquakes, floods and wildfires oh my! Solid disaster recovery plan keeps surplus lines brokerage firm afloat in New Orleans In the wake of Hurricane Katrina, the New Orleans area office of Crump Insurance Services was...
Lloyd’s Market
Mar 19 2006 // Lloyd’s Chairman Lord Levene with newly-appointed Chief Executive Richard Ward. New chief charged with improving market efficiency, moving the market to the next level By Charles E. Boyle In an announcement that...
By W. Randolph Zator
Mar 19 2006 // Not all Oil & Gas programs are created equal The American market has expanded in numbers from AIG Oil Rig, principally alone 30 years ago, to perhaps 10 domestic energy markets. Other foreign carriers in Bermuda and...
American E&S Insurance Brokers Names Smithson Executive Vice President
Mar 17 2006 // American E&S Insurance Brokers, a wholesaler, has named Stephanie J. Smithson executive vice president-branch manager in its San Francisco office. Smithson joined American E&S in 2003 as a broker and most...
Best Affirms FSR for Lloyd’s Syndicate 609; Outlook is Stable
Mar 16 2006 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609 (United Kingdom), which is managed by Atrium Underwriters...
HCC Closes Minority Stake in Lloyd’s Heritage Underwriting Agency
Mar 15 2006 // HCC Insurance Holdings Inc., headquartered in Houston, Texas, reported it has received regulatory and Lloyd’s of London approval to its previously announced acquisition of 23.6 percent shareholding in Heritage...
Omni Whittington Announces Final Closure of Lloyd’s Syndicate 1224
Mar 14 2006 // The U.K.’s Omni Whittington has confirmed that its managed Syndicate 1224 has been reinsured to close into Syndicate 1084 effective December 31, 2005. “Syndicate 1224 commenced trading in 1997 and ceased...
Best Affirms Lloyd’s Synd. 958 Ratings
Mar 10 2006 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958 with a stable outlook. “The ratings...
Lloyd’s Welcomes NAIC Review of U. S. Collateral Requirements
Mar 10 2006 // Lloyd’s Chairman Lord Peter Levene may finally get his wish, as U.S. insurance regulators have instructed a National Association of Insurance Commissioners (NAIC) task force to examine options for a reform of the...
