Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Lloyd’s Members Prepare for Crucial Vote
Sep 9 2002 // As the 16,000 plus members of Lloyd’s began preparing to cast their votes for or against the reform proposals at a special meeting on Thursday, Sept. 12 (See IJ Website Aug. 30, Sept.3) Chairman Sax Riley made what...
Sept. 11 Revisited: The Future of the Industry
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever. Not only were there thousands of lives lost and injured, but many more...
A Year Later, Industry Takes Stock of Itself
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever. Not only were there thousands of lives lost and injured, but many more...
Lloyd’s Chairman, Deputy Comment on Reforms Consultation
Aug 30 2002 // Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of...
A.M. Best Affirms Lloyd’s ‘A-‘ (Excellent) Ratings
Aug 28 2002 // A.M. Best announced that it has affirmed the financial strength rating of A- (Excellent) of the Lloyd’s market with a stable outlook. “The affirmation reflects Lloyd’s excellent business profile,...
Atlantic Mutual Announces Statutory Financial Results
Aug 21 2002 // Atlantic Mutual Companies, a New York-based mutual insurance company providing commercial and personal coverages through independent agents and brokers, announced unaudited statutory financial results for the second...
A.M. Best Affirms Rating of National Indemnity Group
Aug 20 2002 // A.M. Best Co. has affirmed the group financial strength rating of A++ (Superior) of National Indemnity Group (NIG). The rating reflects the group’s extraordinary capitalization and balance sheet liquidity, superior...
NAPSLO Interns At Work in Summer
Aug 19 2002 // The National Association of Professional Surplus Lines Offices (NAPSLO) announced that eight college student are participating in its 2002 Summer Internship Program. The interns spend five weeks during the summer working...
CNA Moves to 2ndQ profit on rising premiums
Aug 9 2002 // CNA Financial Corp. reported it swung to a second-quarter profit, able to raise prices on many of its policies. CNA, which is 87 percent-owned by holding concern Loews Corp., posted net income of $35 million, or 16 cents a...
AIG Subsidiary Signs Letter of Intent to Combine Operations of Excess Inc.
Aug 8 2002 // American International Group, Inc. (AIG) announced that its subsidiary Risk Specialists Companies, Inc. has signed a letter of intent to combine the operations of Excess, Inc. with Medical Excess Insurance Services...
Argonaut Reports $6M in Quarterly Net Income
Aug 8 2002 // Texas-based Argonaut Group Inc., a specialty insurer, announced financial results for the three- and six-month periods ending June 30. In addition, the company’s board of directors declared a regular quarterly cash...
Lloyd’s Hardy Underwriting to Boost Capacity for 2003
Aug 7 2002 // A.M. Best reported that one of Lloyd’s managing agencys, Hardy Underwriting Group plc, has been approved to increase the underwriting capacity of its syndicate 382 to 100 million pounds ($1 = 0.64 pounds) for the...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...
