Latest Excess Surplus Headlines

Midwest Surplus Lines: A Market Unto Itself

Sep 5 2005 // Gone are the days when the Midwest’s surplus lines market saw all sorts of business, from high-liability risks to garden variety commercial property coverage. For the region’s surplus lines business, the...

Do It Right the First Time: Surplus Lines Compliance

Sep 5 2005 // As a producer, keeping abreast of the surplus lines laws and regulations in your own state is often a difficult task. When one wanders across state borders, the challenge becomes even more daunting, sometimes requiring an...

SLSOT 2005 Seminars Planned for October

Sep 5 2005 // Speakers from the Texas Department of Insurance, the state comptroller’s office and the Surplus Lines Stamping Office of Texas will discuss topics of importance to surplus lines professionals during a series of...

After the Internet, Comes The Invasion of the Insurance Exchanges

Sep 5 2005 // Independent insurance agents have outplayed and outscored the Web-based insurance distribution systems that tried to eliminate them and are on the verge of even greater victories, one of the industry’s technology...

Clarendon Clarifies Hannover Re Decision on Programs

Sep 5 2005 // Many people questioned what Hannover Re’s Chief Executive Wilhelm Zeller, meant when he announced a “new strategy” for its U.S. subsidiary, Clarendon Insurance Group. Presiding over the German...

2010: A

Sep 5 2005 // The Road Ahead for Surplus Lines Wholesalers The model surplus lines insurance whole of 2010 should be faster, bigger, better, leaner, able to cross state lines and come in colors other than white. Industry leaders predict...

NAPSLO Prepares for Record Attendance at Annual Conference

Sep 5 2005 // As the National Association of Professional Surplus Lines Offices gathers in San Francisco this month (Sept. 14-18) for its annual national conference, Insurance Journal recently caught up with the outgoing President...

Lloyd’s of London Finds its 21st Century Form

Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...

‘Sham Declinations’ Leave N.Y. Excess Broker Liable for Insurer’s Losses

Sep 5 2005 // A New York excess lines insurance broker’s use of “sham declinations” to skirt the law on placing coverage with a non-admitted carrier could cost the broker a lot more than just regulatory fines, if a...

Lloyd’s of London Finds its 21st Century Form

Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...

NAPSLO Prepares for Record Attendance at Annual Conference

Sep 5 2005 // Leadership Says Surplus Lines Industry in Good Shape; Ready for Softer Market As the National Association of Professional Surplus Lines Offices gathers in San Francisco this month (Sept. 14-18) for its annual national...

After the Internet, Comes The Invasion of the Insurance Exchanges

Sep 5 2005 // Independent Agents May Soon Have a New Opportunity, Says MarketScout’s Kerr Independent insurance agents have outplayed and outscored the Web-based insurance distribution systems that tried to eliminate them and are...

SPECIAL REPORT: Back to Earth with Surplus Lines

Sep 5 2005 // NARRATOR: The year is 2010 and Dr. Lois Kwoat, Dr. Heywood Jawrithis and their know-it-all computer companion, Pal 2010, have returned to planet Earth from Recover Space Station a million miles away. They are on a new...

By Andrew G. Simpson

Sep 5 2005 // A New York excess lines insurance broker’s use of “sham declinations” to skirt the law on placing coverage with a non-admitted carrier could cost the broker a lot more than just regulatory fines, if a...

Trinity E&S Expands Artisans And Contractors Program

Aug 22 2005 // Thomas Gassen, president of Bermuda Dunes, Calif.-based Trinity E&S Insurance Services Inc., recently announced that their “Artisans and Contractors Program, currently written in California, Nevada, Arizona,...

Broker Disclosure Dominates Western States Surplus Lines Conference

Aug 22 2005 // Brokers should disclose contingent commissions and other incentive agreements to consumers, industry experts said at the Western States Surplus Lines Conference held July 24-26 in San Diego. Participants in the...

Aug 22 2005 // The Independent Insurance Agents & Brokers of New York Inc. recently announced the promotion of six staff members at the statewide trade association, effective Aug.1. IIABNY, which represents more than 18,000...

News Briefs

Aug 22 2005 // ALABAMA Hurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep....

Aug 22 2005 // Calabasas, Calif.-based Lionheart Insurance Services has hired Russ McFarren as an excess and surplus broker. He began his insurance career in Ohio and relocated to Los Angeles in 1963 with the Pacific Indemnity Insurance...

Broker Disclosure Dominates Western States Surplus Lines Conference

Aug 22 2005 // Brokers should disclose contingent commissions and other incentive agreements to consumers, industry experts said at the Western States Surplus Lines Conference held July 24-26 in San Diego. Participants in the...