Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Validus Announces Senior Executive Appointments at Talbot Underwriting
Nov 20 2015 // Validus Holdings announced a series of senior management appointments at Talbot Underwriting Ltd., its wholly owned subsidiary. Rupert Atkin will retire as chief executive officer of Talbot on Feb. 29, 2016. Peter Bilsby,...
Texas Surplus Lines Group Honors Members with Awards, Scholarships
Nov 19 2015 // The Texas Surplus Lines Association has presented its “Joe Howse President’s Award” to both Susan Gropp, Arcana Insurance Services, chairperson, 2014 & 2015 Conference Committee and PAC Committee, and...
Fabors Elected President of Texas Surplus Lines Association
Nov 18 2015 // The Texas Surplus Lines Association Inc. elected new officers and directors at its 60th annual meeting held Nov. 9 in Austin. The new officers are: President Shawn Fabors, managing director, AmWINS Program Underwriters...
Excess Line Association of New York Hires Davis as Financial Director
Nov 18 2015 // The Excess Line Association of New York (ELANY) has hired James Davis as financial director. Davis will be responsible for the financial review and analysis of all eligible listed excess line insurers to verify their...
Endurance Partners with W. Brown Associates for U.S. Aviation Risks
Nov 16 2015 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W. Brown Associates to provide...
Allianz Specialty Names Christie to Head Global Broker Partnerships
Nov 16 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has named Rani Christie as head of global partnerships, effective Jan. 1, 2016. In this position, Christie will be...
Wildfires, and Now El Niño, May Boost Californians’ Appetites for Surplus Lines
Nov 16 2015 // There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the surplus lines market. Now with what appears to be a strong El Niño on the horizon...
Everest Re Adds Inland Marine Unit to U.S. Specialty Platform
Nov 13 2015 // Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and...
Integro Acquires Ellis Clowes, UK-Based Motorsports Specialty Broker
Nov 13 2015 // Integro Ltd., the New York-based insurance broker and risk management firm, has become “the world’s leading motorsports insurance broker,” with the acquisition of Lloyd’s broker Ellis...
Allianz Launches Transportation Unit in North America
Nov 12 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is launching a dedicated transportation and logistics unit in North America to be led by Helen Leonard, Inland Marine...
Xchanging Wins 3-Year Services Deal Supporting Lloyd’s Asia Platform
Nov 10 2015 // Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s service companies operating from the Lloyd’s Asia platform in...
Aspen Launches Singapore Operation via Lloyd’s Platform; 2 Senior Execs Hired
Nov 10 2015 // Aspen Insurance Holdings Limited announced the entry of its insurance segment, Aspen Insurance, into Singapore through Aspen’s Lloyd’s syndicate on the Lloyd’s Asia platform, effective Jan. 1, 2016. The...
Wildfires, and Now El Niño May Boost Californian’s Appetites for Surplus Lines
Nov 3 2015 // There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the surplus lines market. Now with the onset of what appears to be a strong El Niño...
Marsh Launches Excess Casualty Coverage for Product Liability Risks
Nov 3 2015 // Marsh has launched Marsh IO+, an enhanced excess casualty product designed for companies with significant product and other mass tort exposures. Organizations like retailers, food and beverage companies, construction...
Report Shows Month-to-Month Surplus Lines Volatility in California
Nov 2 2015 // So far it’s been an “unusual year” for surplus lines in California. Filed premiums were up 14.1 percent in October from the same month last year, but that increase followed a 38.3 percent year-over-year...
‘Misfit’ Doctors, Lawyers: Find a Friend in E&S Market
Nov 2 2015 // Doctors and lawyers are taking up more space in the surplus lines professional liability (PL) markets, with growth and consolidation in the healthcare industry and real estate concerns among the legal field fostering...
Lloyd’s China, Tokio Marine Kiln & PICC Sign Intellectual Property Liability Deal
Oct 30 2015 // Lloyd’s China, Tokio Marine Kiln and People’s Insurance Company of China Property and Casualty Company (PICC P&C) signed a memorandum of understanding (MoU) to provide intellectual property infringement...
Surplus Lines Stamping Office of Texas Phone Numbers Changing
Oct 29 2015 // The Surplus Lines Stamping Office of Texas (SLSOT) announced it is simplifying communications with new business phone number listings and an upgraded telecommunication system. The new system will be in place Oct. 30, but...
Florida Regulators ‘Encouraged’ by Insurers’ Stress Test Results
Oct 29 2015 // Florida property insurers are well-capitalized and able to handle a 1-in-100 year storm event if and when it occurs in the state, according to the Florida Office of Insurance’s 2015 Data Call and subsequent stress...
Florida’s Orchid Underwriters Enters Commercial E&S Business, Hires 2 to Lead
Oct 28 2015 // Florida-Based Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focusing on coastal properties, has named Robert J. Rose senior vice president of Underwriting and Programs and Bryan...
