Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Brown & Brown Moves Three Programs to ACE Westchester Speciality Group
Jul 5 2005 // Brown & Brown Inc. announced a program alliance with ACE Westchester Specialty Group. Effective July 1, 2005, ACE Westchester Specialty Group will provide coverage through ACE American Insurance Company and other...
AIG Excess Casualty Offers New Online Tool
Jul 5 2005 // AIG Excess Casualty, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), has rolled out a new online database of real-world claim scenarios designed to serve as an aid...
Target Markets Aims to Win
Jul 4 2005 // Nearly five years ago, a group of program specialists gathered in Tempe, Ariz., for the first summit meeting of a budding industry organization called the Target Markets Program Administrators Association. The brainchild...
MGAs, Program Administrators Told Selling Out May be Way to Go
Jul 4 2005 // Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done Yet Managing general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be...
What is Finite Risk Reinsurance? A Definitive Explanation
Jul 4 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope, creating the need to re-examine this reinsurance product, but more importantly determine its role in the...
Best Affirms Markel’s Lloyd’s Syndicate 3000 Ratings
Jul 1 2005 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a” of Lloyd’s Syndicate 3000 which is managed by Markel Syndicate...
Treasury Report on Terrorism Insurance: Exec Summary
Jun 30 2005 // The following is the Introduction and the Executive Summary of the June 30, 2005 report from the Treasury Department on the Terrorism Risk Insurance Act of 2002 including its assessment of the act and recommendations for...
American E&S Rolls Out Oil and Gas Program
Jun 30 2005 // The Houston office of American E&S recently announced a new Oil and Gas Insurance program. The program focus is Oil and Gas Exploration and Production Companies. This new program features Control of Well insurance...
Aspen Forecasts Specialty Lines 2005 Premium Growth
Jun 29 2005 // Bermuda-based Aspen Insurance Holdings Limited announced that it is updating its guidance relating to annual growth in its gross written premiums for 2005. The company now expects growth between 20 and 25 percent higher...
N.J. Surplus Lines Board Names Nelson as Executive Director
Jun 22 2005 // The New Jersey Surplus Lines Association board of directors announced the hiring of Vicky Nelson as the association’s new executive director. She replaces Margaret Raphael who officially exited the post in...
What is Finite Risk Reinsurance? A Definitive Explanation
Jun 20 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope which creates the need to re-examine this reinsurance product, but more importantly determine its role in...
People
Jun 20 2005 // Gerald O’Neill has been named NBIS vice president of underwriting. O’Neill comes to NBIS with more than 20 years of insurance experience in the brokerage and reinsurance community. O’Neill has held...
Peck Promoted to VP at Western Surplus Lines
Jun 17 2005 // Western Surplus Lines Agency Inc. in Abilene, Texas, announced that Frank Peck has been promoted to the position of vice president. Peck will be involved in the overall management operations of Western with his continued...
Sierra Specialty Insurance Services Officially Open for Business
Jun 16 2005 // Sierra Specialty Insurance Services Inc. of Fresno, California was incorporated in March of 2005 and officially opened for business earlier this month. Sierra Specialty was formed by several local insurance professionals...
St.Paul/Travelers Signs up for Lloyd’s Kinnect Platform
Jun 8 2005 // St Paul/Travelers (SPT) has become the latest Lloyd’s market insurer to pledge its support for the Kinnect electronic platform that has been in development for the last three years. The SPT division, which operates...
Miscellaneous E&S
Jun 6 2005 // Nuts & Bolts: CRC Insurance Services, based in Atlanta, Ga., is offering a new E&S market for businesses such as cosmetics manufacturing, playground equipment distributor, skateboard ramp manufacturing,...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
Susan Kearney
Jun 6 2005 // Mark Hagan Gerald O’Neill Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice...
People
Jun 6 2005 // Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice president of Venture Hospitality,...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
