Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Lloyd’s Chairman’s Remarks to Houston Forum
Sep 21 2004 // Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night. Lloyd’s said Levene would urge...
Cohen Tells NAPSLO: Americans At An Intersection Between Terror, Technology
Sep 21 2004 // Orlando – Since 9/11, Americans have been living in a world at an intersection between terrorism and technology, former Secretary of Defense William S. Cohen, explained during the opening of the National Association...
Best Reports 28% Increase in Direct Premium Volume for Surplus Lines Industry By End of 2003
Sep 21 2004 // A special report released by A.M. Best Co. concludes that at the end of 2003, direct premium volume for the surplus lines industry increased by approximately 28 percent over the prior year, which followed an estimated 62...
Adding Value in the Workers’ Comp Market Through Technical Analysis
Sep 20 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
One-on-One with NAPSLO’s Outgoing President
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
Building Relationships Key to Success Says NAPSLO’s Incoming President
Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando Convention Thirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus...
Surplus Line Carriers
Sep 20 2004 // First Responders Once upon a time, the excess and surplus line market was the safety valve of the insurance industry—the more lightly regulated, more financially shaky little brother to the admitted market. It was said...
Lexington CEO Talks Shop:
Sep 20 2004 // Kelley Touts Innovation as Core Competitive Advantage Lexington Insurance Co., the excess and surplus line subisidiary of the American International Group, has been the leader in the domestic E&S market for decades...
Growth Determines Retail, Wholesale Broker’s Value
Sep 20 2004 // Sustaining Progress in a Changing Rate Environment The wind has been at the back of insurance agents and brokers for the past several years and has resulted in smooth sailing. Organic growth rates have been in double...
Producers Caught in Multistate Surplus Lines Web
Sep 20 2004 // Surplus line producers have benefited greatly from the Gramm-Leach-Bliley Act. Since the act’s passage in 1999, most states have amended their laws to allow for nonresident licenses for surplus line producers. These...
Conferees Elated Jeanne Will Miss NAPSLO Convention
Sep 19 2004 // Convention sponsors and conferees arriving in Orlando for the annual NAPSLO National Convention breathed a sigh of relief Sunday as Hurricane Jeanne was downgraded and would not be a threat to the Bahamas or Florida. On...
Best Affirms Lloyd’s Syndicate 382 ‘A’ Rating
Sep 17 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by the U.K.’s...
Cunningham Lindsey U.S. Names Devall Director of E&S
Sep 13 2004 // Cunningham Lindsey U.S. Inc. (CLUS), based in Dallas, announced the promotion of Jim Devall to director of E&S. Devall, with more than 20 years claims experience, began his specialization in the surplus lines market...
Best Affirms Ratings of Markel’s Lloyd’s Syndicate
Sep 9 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) of Lloyd’s Syndicate 3000, which is managed by Markel Syndicate Management Ltd. Best also affirmed the...
AAMGA University Aims Fundamentals Class at Newbies
Sep 6 2004 // Something different was definitely in the air at a seminar put on by the American Association of Managing General Agents (AAMGA) last June. As the group of MGAs and wholesale brokers settled in for the introductory dinner...
A World of Opportunity Exists Under the Umbrella Market
Sep 6 2004 // While it’s hard to find many positives about today’s increasingly litigious environment, it has helped fuel the need for both personal and commercial umbrellas. “We’re seeing an increased demand for...
Lloyd’s Creates Action Team to Monitor LMP Slips
Sep 2 2004 // Lloyd’s announced that it has set up a special team of LMP (London Market Principles) slip auditors. “The team will work with businesses across the market to help them meet the 95 percent compliance target by...
Monarch E&S Opens Branch Office in Rancho Mirage
Sep 1 2004 // Debbie Messina, branch manager of Monarch E&S Insurance Services, recently opened a new office in Rancho Mirage, Calif. Messina has 26 years insurance experience and previously served as vice president for another...
Best Assigns Ratings to Lloyd’s Syndicate 1084
Aug 27 2004 // A.M. Best Co. announced that it has assigned its Syndicate Rating of “A” (Excellent) to Lloyd’s Syndicate 1084, managed by Chaucer Syndicates Ltd., and an issuer credit rating (ICR) of...
N.Y. Surplus Lines Industry in Uphill Battle over Premium Financing
Aug 23 2004 // New York’s surplus lines industry is trying to convince the Pataki administration to allow a change in the premium financing of surplus lines accounts, a change that lawmakers have approved overwhelmingly, but the...
