Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Lloyd’s Comments on Cat Models
Jan 26 2006 // “Catastrophe models are useful, but have their limits,” says a comment on the Lloyd’s Web site (www.lloyds.com). “That is the lesson learnt by the insurance industry following last year’s...
Hudson Adds Environmental Program to 50 States, D.C.
Jan 26 2006 // Hudson Programs, an operating division of Hudson Insurance Group, reported that their environmental insurance program is now available in all 50 states, plus the District of Columbia. The program is exclusively...
Fireman’s Fund Specialty Expands Freight Forwarders Program
Jan 26 2006 // Fireman’s Fund Insurance Company has introduced a new insurance package offering combinations of shippers interest, bailee, legal liability, and errors and omissions (E&O) coverages for freight forwarders. The...
RI3K Head Warns Lloyd’s of Need to Reform to Survive
Jan 26 2006 // In a speech to the Insurance Institute of London yesterday, Jan. 25, Alex Letts, the Chief Executive of RI3K Ltd. – the London-based provider of platform technology infrastructure for the reinsurance industry,...
The Hartford Sees Q4 2005 Net Income of $474 Million
Jan 26 2006 // The Hartford Financial Services Group Inc. reported fourth quarter 2005 net income of $474 million, or $1.53 per diluted share. The company’s net income reached $2.3 billion for the year, a new record for the...
Lloyd’s Announces Governing Council Election Results
Jan 24 2006 //
Lloyd’s Shuts Kinnect
Jan 24 2006 // Ultimately “all the King’s horses and all the King’s Men” couldn’t put Kinnect together again. The King’s men in this case being the management of Lloyd’s, who have finally thrown...
Specialty Global Unveils Travel Agents E&O Program
Jan 24 2006 // Specialty Global Insurance is launching a nationwide Travel Agents E&O program. The new program is designed for travel agents and tour operators with gross written receipts of $5,000,000 or more. Specialty Global...
Surplus Line Market: Speculations for 2006
Jan 23 2006 // AUTHOR: By Susan McKenna Experts agree. The surplus lines market remains alive, healthy and stable. Who can argue with the success of this niche-based market that has risen from 4 percent in 1984 to almost 15 percent of...
Surplus Lines Market: Speculation for 2006
Jan 23 2006 // Experts agree. The surplus lines market remains alive, healthy and stable. Who can argue with the success of this niche-based market that has risen from 4 percent in 1984 to almost 15 percent of the insurance market in...
Excess Liability Coverage
Jan 23 2006 // Nuts & Bolts: AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage for risks...
A seriously shaken reinsurance industry rebuilds
Jan 23 2006 // Although Katrina is long gone, the clouds of misfortune she and her sisters generated will linger for decades. They radiate well beyond Louisiana, Florida, Texas, Mississippi, Alabama and other regions into the heart of...
New entrants join race for surplus lines share
Jan 23 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writers Katrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...
Why independent agents like backyard brokers
Jan 23 2006 // In today’s business world, it’s rare to hear a live voice on the other end of a phone call. Most companies, small and large, have succumbed to answering customer calls via electronic means. Customers,...
SURPLUS LINES MARKET
Jan 22 2006 // PRODUCERS’ NEW LIABILITIES PERSONAL LINES LOOK FINE 2006 looks even better
Aging baby boomers will mean more
Jan 22 2006 // rehabilitation centers. E&S market ready for some uncertainty Some price hardening possible due to hurricanes; new opportunities seen in housing and health care markets Experts agree. The surplus lines market remains...
Excess, Surplus & Specialty
Jan 22 2006 // Speculations for surplus lines market in 2006 Experts agree. The surplus lines market remains alive, healthy and stable. Who can argue with the success of this niche-based market that has risen from 4 percent in 1984 to...
News Currents
Jan 22 2006 // Surplus Line Market: Speculations for 2006 Experts agree. The surplus lines market remains alive, healthy and stable. Who can argue with the success of this niche-based market that has risen from 4 percent in 1984 to...
How to Write: Lawyers Liability
Jan 22 2006 // With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale brokers seeking to grow their business. In any...
SURPLUS LINES TRENDS
Jan 22 2006 // Teflon, nanotechnology and more
