Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Wausau Unveils Excess/Umbrella Policy
Sep 10 2003 // Wausau Insurance has announced a proprietary excess/umbrella liability Insurance policy to provide coverage over and above the limits of primary insurance policies. “Our excess/umbrella coverage is for proactive...
NAPSLO Awards Existing Scholarships, Adds a New One
Sep 8 2003 // Nine college students from around the U.S. recently received scholarships from the Derek Hughes/National Association of Surplus Lines Offices Educational Foundation for the 2003-2004 school year. In addition to the $2,000...
Rising to the Top With NAPSLO’s Advanced School
Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
ISO Says P/C’s Net Worth Continues to Decline Despite Rising Profits
Sep 8 2003 // While strong underwriting results propelled the property/casualty industry to profitability in 2002, insurers have not fully recovered from anemic premium growth of the 1990s and Sept. 11 losses, according to a...
How Do You Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Rising to the Top With NAPSLO’s Advanced School
Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...
NAPSLO Awards Existing Scholarships, Adds a New One
Sep 8 2003 // Nine college students from around the U.S. recently received scholarships from the Derek Hughes/National Association of Surplus Lines Offices Educational Foundation for the 2003-2004 school year. In addition to the $2,000...
Excess Flood Coverage
Sep 8 2003 // Nuts & Bolts: AIG Private Client Group, a Division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced Excess Flood Coverage to support insureds in the event of...
CIWA Invites Attendees to Breakfast, Briefing at NAPSLO Conference
Aug 28 2003 // The California Insurance Wholesalers’ Association (CIWA) is inviting attendees to a continental breakfast and a briefing on the California Regulatory, Legislative and Political Environment and Issues facing the...
Liberty Mutual Lowered
Aug 18 2003 // Fitch Ratings lowered its insurer financial strength ratings on companies participating in the Liberty Mutual inter-company pool to “A-” from “A” and its rating on Liberty Mutual Insurance...
Orta Joins Western Security Surplus as Broker
Aug 12 2003 // Rocio L. Orta recently joined Pasadena-based Western Security Surplus Insurance Brokers Inc. as a broker. Orta will be responsible for servicing an existing book of business, as well as developing new business with new...
Hull & Co. Makes Additions to Dallas Staff
Aug 12 2003 // Hull & Company General Agency Inc. of Dallas announced the addition of two new account executives to its staff. Cindy Brittin Winchcombe joins the firm with 18 years of experience in underwriting and marketing Excess...
Endurance Excess Casualty Hires Shannon Totten, Cotina Forth-Albuoy
Aug 12 2003 // Bermuda-based Endurance Specialty Holdings Ltd. announced that its Bermuda subsidiary, Endurance Specialty Insurance Ltd., has hired two key leaders in excess casualty: Shannon Totten and Cotina Forth-Albuoy. The...
Prime Authorized to Write Surplus Lines Business in Nevada
Aug 11 2003 // Sandy, Utah-based Prime Holdings Insurance Services Inc. announced today that it has received approval for its property and casualty subsidiary, The Prime Insurance Syndicate Inc., to write surplus lines insurance business...
Ohio Casualty’s Earnings Down $2.1 Million From Year Ago
Aug 8 2003 // Fairfield, Ohio-based carrier Ohio Casualty Corp. announced second-quarter net income of $11 million, or 18 cents per diluted share, down from a year ago’s $13.1 million, or 21 cents per diluted share. The company...
Argonaut Sees 46% Increase in GWP for Q2
Aug 7 2003 // San Antonio-based Argonaut Group Inc. announced financial results for the three- and six-month periods ended June 30, 2003, noting that the group’s gross written premium during the second quarter increased to $199.5...
St. Paul Names New Senior VP of Specialty Commercial Insurance
Aug 6 2003 // The St. Paul Cos. announced that Gregory Vezzosi, a 27-year veteran of the property-casualty insurance industry, has been named senior vice president, Specialty Commercial. The appointment is effective immediately. Vezzosi...
Ex-Lloyd’s Chairman Sax Riley Dead at 63
Aug 5 2003 // Sax Riley, immediate past chairman of Lloyd’s, collapsed and died July 25 while playing golf in Surrey, England. He was 63. Riley retired from Lloyd’s last year under amicable circumstances, clearing the way...
Kemper Pool Downgraded Again
Aug 4 2003 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on the members of the Kemper Insurance Cos. intercompany pool to “CCC” from “B-” with a negative...
