Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
A Short Walk Through Surplus Lines
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
E&S Professionals Meet Challenges with Innovative Solutions
Jul 22 2002 // I was invited to speak to the San Antonio Independent Agents in January of 2000. At that moment I knew the property casualty insurance market was going to harden. They wanted to know what an excess and surplus lines broker...
Excess Surplus & Specialty
Jul 22 2002 // Nuts & Bolts: Ajalon Specialty Insurance Brokers has E&S and Specialty Markets available for auto-commercial (commercial auto liabiltyÑmisc./special purpose), contractors & related, artisian contractors,...
Surplus Lines Industry Continues to Play its Role
Jul 22 2002 // Since it’s inception in the early 19th century, the surplus lines industry has played a significant role in the insurance world: providing the buyer with insurance not available in the standard, admitted markets. As...
A Short Walk Through Surplus Lines
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Surveying the E&S Market with Swett & Crawford’s Hartoch
Jul 22 2002 // Swett & Crawford chairman David Hartoch has seen a number of changes in the excess and surplus industry during his decades in the business. As he approaches retirement in December, Hartoch took time out to talk with...
A Safety Valve
Jul 22 2002 // The surplus lines industry is traditionally thought of as a safety, or relief valve for the insurance industry as a whole. But what does that mean? To find out, read on, because what we have here is everything you ever...
The Surplus Lines Market-From Deep in the Heart of Texas
Jul 22 2002 // In the teeth of the first true hard market in nearly two decades, evidence accumulated by the Surplus Lines Stamping Office of Texas confirms the surplus lines insurance market is successfully fulfilling its primary...
PMA Capital Corp. Under Review
Jul 22 2002 // A.M. Best Co. placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under review with negative implications....
Reform Plan in the Works for Lloyd’s
Jul 17 2002 // The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the world’s oldest insurance market. According to Reuters, however, those plans...
Combined Specialty Group Acquires Excess and Surplus Lines Insurer
Jul 17 2002 // Aon Corporation announced that Combined Specialty Group, Inc. (CSG) has acquired Sheffield Insurance Corporation from Vesta Insurance Group. Aon Capital Markets acted as advisor to CSG in connection with the...
Pa. Gov. Signs Bill Giving Surplus Lines Insurers Freedom on Forms
Jul 16 2002 // Pennsylvania Gov. Mark Schweiker has signed House Bill 599, enabling surplus lines insurers to change or adopt new commercial policy forms without first getting approval from the state insurance department. “Surplus...
Combined Specialty Group Makes Appointments to P&C Staff
Jul 16 2002 // Aon Corporation made several appointments to the Property and Casualty Group of Combined Specialty Group, Inc. John Intondi, 50, has been appointed senior vice president, Claims and will be responsible for all claims...
New Market: Excess Surplus and Specialty
Jul 11 2002 // Ajalon Specialty Insurance Brokers has E&S and specialty markets available for auto-commercial (commercial auto liability—misc./special purpose), contractors & related, artisan contractors, contractors...
ISO Reports Record 2001 Underwriting Losses, Poor Investment Results behind PnC Industry’s First-Ev
Jul 10 2002 // The property/casualty insurance industry recorded its first-ever net loss after taxes in 2001, stemming from sharply higher underwriting losses and substantial deterioration in investment results, according to Insurance...
As Hard Market Persists, E&S Brokers Wait For The Right Opportunity
Jul 8 2002 // Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief...
Surplus Directory Prints Success for Agents, Wholesalers
Jul 8 2002 // Having serviced the Excess and Surplus Lines’ community for a quarter century, Insurance Journal’s Excess & Surplus Directory continues its role in providing the latest markets for agents and...
The first and still the best
Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that Directory online at www.insurancejournal.com. Agents and brokers can...
LLOYD’S OF LONDON NAMES NEW CHAIRMAN:
Jul 8 2002 // The next chairman of the Lloyd’s of London insurance market was named as Lord Levene of Portsoken. He is presently vice chairman of Deutsche Bank London. Lord Levene will be the first chairman of Lloyd’s in its...
Surplus Lines and the Lloyd’s Market
Jul 8 2002 // Lloyd’s of London is perhaps the most well- known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...
