Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Heath Turns the Corner as Colemont Insurance Brokers
Jan 24 2005 // At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was born—twice, it could be argued. The company that became Heath Insurance Brokers, one of...
Back to the Basics
Jan 24 2005 // E&S Industry Returns to Familiar Ground Neither wind, nor rain nor the dark cloud of standard carriers returning to the marketplace will keep excess and surplus insurance writers from maintaining profitability. From...
Heath Turns the Corner as Colemont Insurance Brokers
Jan 24 2005 // Name May Be Changing but Company’s Service, Business Practices Stay the Same At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was...
From Boston Tea Party to Big Dig, Lloyd’s is Part of New England History
Jan 24 2005 // Dec. 16, 1773, was a sad day for Lloyd’s of London. On that day, angry colonists threw 340 crates into Boston harbor in the revolutionary Boston Tea Party. Turns out, Lloyd’s insured those crates of...
Insurance Industry Can’t Paper Over Its Faults, Lloyd’s Chairman Advises
Jan 24 2005 // There are a number of things about the insurance industry that drive Lord Levene crazy but nothing more than all the paper. “The paperwork is nuts,” the Lloyd’s of London chairman exclaims. He tells the...
Insurance Industry Can’t Paper Over Its Faults, Lloyd’s Chairman Advises
Jan 24 2005 // There are a number of things about the insurance industry that drive Lord Levene crazy but nothing more than all the paper. “The paperwork is nuts,” the Lloyd’s of London chairman exclaims. He tells the...
How to Find New Markets
Jan 24 2005 // For nine years, Insurance Journal has published the annual Directory of Excess, Surplus and Specialty Markets. This issue is a resource for independent agents and brokers to help them find the markets they need. The print...
The Hartford Introduces Universal Excess Policy
Jan 20 2005 // The Hartford Financial Services Group Inc. has introduced Universal Excess, a new excess insurance policy that fits over directors & officers liability, fiduciary liability, employment practice liability,...
Lloyd’s Moving to MoMA Office Tower in N.Y. City
Jan 19 2005 // Lloyd’s of London is moving its New York City headquarters to The Museum of Modern Art’s new office tower. Designed by the internationally acclaimed architect, Yoshio Taniguchi, the boutique office tower has...
Lloyd’s Chairman Warns Insurers 2005 Will Be Critical For Rebuilding Industry’s Reputation
Jan 13 2005 // A record year of natural disaster losses and Eliot Spitzer’s investigations into payment practices highlighted the urgent need for the insurance industry to tackle its reputation and practices during 2005, Lord...
Surplus Line Premiums Top $5.5 Billion
Jan 11 2005 // Ted Pierce, executive director of the Surplus Line Association of California (SLA) released the annual filed premium analysis demonstrating that $5,518,895,627 in surplus line insurance premiums were processed in 2004. The...
Western Security Surplus to Sponsor Los Angeles, Dallas Regions for Initial Insurance Journal Online Seminar
Jan 10 2005 // California-based Western Security Surplus will serve as a sponsor when Insurance Journal debuts the first in a series of “How to Write” online video seminars Thursday, Jan. 20, 2005. Western Security Surplus...
Shakeup in ACE U.S.A. Management – Rivera Resigns; Dowd New CEO; Lupica, Crosby Named to Key Posts
Jan 6 2005 // ACE Limited announced from its Bermuda headquarters a $298 million reserve strengthening (See related article in “International” section) and some major management changes in its U.S. operations. Brian E. Dowd,...
Focus on the Future: Come 2014, Industry Should Look Very Familiar
Jan 3 2005 // Ten years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look dramatically different from what it is today: Smaller companies and...
2003-2004 California Year-End Legislative Repo
Jan 3 2005 // A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative...
Lloyd’s Statement on Asian Tidal Waves
Dec 31 2004 // Lloyd’s has issued a bulletin expressing the London market’s solidarity with the victims of the Indian Ocean tidal waves, stating: “Our thoughts are with the people who have been affected by this tragedy....
Fla.-Based Brown & Brown Acquiring American Specialty
Dec 28 2004 // Brown & Brown Inc. has announced an agreement to acquire the assets of American Specialty Cos. Inc. of Roanoke, Ind., for an undisclosed amount. The company has about $13 million in annual revenue. The deal...
Best Affirms Members of Quanta Capital Ratings
Dec 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Bermuda-based Quanta Reinsurance Ltd. (Quanta Re) and its three strategic pooled subsidiaries: Quanta...
Saunders to Head Navigators Excess Casualty Unit
Dec 22 2004 // Navigators Management Company, a subsidiary of The Navigators Group, Inc., announced the formation of a new unit to expand its excess casualty business, specializing in commercial excess and umbrella liability...
Specialty Underwriters’ Alliance Underwriters Exercise IPO Over-Allotment Option
Dec 21 2004 // Dallas-based Specialty Underwriters’ Alliance Inc. announced that Friedman, Billings, Ramsey Group Inc., William Blair & Company and Cochran, Caronia & Co., as managing underwriters and representatives of...
