Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Indemnity Excess & Surplus Agency Hires Grenier, Promotes Eversole
Oct 18 2004 // Beaverton, Ore.-based Indemnity Excess & Surplus Agency Inc. has hired Delia Grenier as senior associate broker and promoted Darren Eversole to marketing manager. Grenier will be responsible for brokering and...
United National, Penn-America, Penn Independent Join Forces to Become United America Indemnity
Oct 15 2004 // United National Group Ltd., Penn-America Group Inc. and Penn Independent Corporation (PIC), a privately-held company, have announced their agreements to combine operations in transactions aggregating over $800 million in...
Best Assigns Debt Rating to Society of Lloyd’s Subordinated Notes
Oct 13 2004 // A.M. Best Co. has assigned a “bbb+” debt rating to the forthcoming dated Subordinated Notes to be issued by the Society of Lloyd’s (United Kingdom). At the same time, A.M. Best has assigned an issuer...
Specialty Risk Services Brings Claims Experience to Texas WC System
Oct 13 2004 // Employers opting out of the Texas Workers’ Compensation system now have a new ally in the ongoing battle to manage rising loss costs. Specialty Risk Services, LLC (SRS) is bringing its claim management expertise to...
Best Reports 28% Increase in Direct Premium Volume for Surplus Lines
Oct 11 2004 // A special report released by A.M. Best Co. concludes that at the end of 2003, direct premium volume for the surplus lines industry increased by about 28 percent over the prior year, which followed an estimated 62 percent...
30th Annual NAPSLO Conference: Acquisitions, Consolidations, Objectives, Trends Highlighted
Oct 11 2004 // Agency consolidations, consolidators’ objectives and a broad range of other trends and developments were highlighted by Steven S. Wevodau and Robert J. Lieblein, both with WFG Capital Advisors LP, during the National...
Nonadmitted Markets Open Options for Homeowners
Oct 11 2004 // Myths about the E&S market should not prevent homeowners from securing high-quality coverage. High-quality nonadmitted markets can provide consistent, reliable coverage for high-value and high-risk properties. Even...
Nonadmitted Markets Open Options for Homeowners
Oct 11 2004 // Even before Charley and Frances, insurers were fleeing the homeowners market for high–risk properties at an alarming pace. Over the last several years, large catastrophe and mold losses have caused a number of...
Nonadmitted Markets Open Options for Homeowners
Oct 11 2004 // Even before Charley and Frances, insurers were fleeing the homeowners market for high-risk properties at an alarming pace. Over the last several years, large catastrophe and mold losses have caused a number of insurers to...
30th Annual NAPSLO Conference: Acquisitions, Consolidations, Objectives, Trends Highlighted
Oct 11 2004 // Agency consolidations, consolidator’s objectives and a broad range of other trends and developments were highlighted by Steven S. Wevodau and Robert J. Lieblein, both with WFG Capital Advisors LP, during the National...
AIG Excess Casualty Introduces New Broker Initiative for Commercial Umbrella Producers
Oct 7 2004 // AIG Excess Casualty(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc., announced the launch of AIG ExcessAdvantage, described as “a new program designed to...
U.K. Insurance and Financial Services Conference Focused on Industry Image
Oct 4 2004 // The U.K.’s annual Insurance and Financial Services Conference, sponsored by the Chartered Insurance Institute (CII) and the Chartered Institute of Loss Adjusters (CILA), got underway Wednesday, Sept. 29. The...
NAPSLO Recognizes Top Four ASLI Program Graduates
Sep 27 2004 // The National Association of Professional Surplus Lines Offices (NAPSLO) recognized the top four graduates of the Associate in Surplus Lines Insurance (ASLI) program at its annual convention on Sept. 21, 2004, in Orlando,...
Lloyd’s Continues Push for Business Process Reform
Sep 27 2004 // Anyone who has ever visited Lloyd’s ultra-modern headquarters building on London’s Lime Street is struck by an odd anomaly. Despite the fact that every underwriter’s desk duly sports the obligatory...
Lloyd’s Chairman’s Remarks to Houston Forum
Sep 21 2004 // Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night. Lloyd’s said Levene would urge...
Cohen Tells NAPSLO: Americans At An Intersection Between Terror, Technology
Sep 21 2004 // Orlando – Since 9/11, Americans have been living in a world at an intersection between terrorism and technology, former Secretary of Defense William S. Cohen, explained during the opening of the National Association...
Best Reports 28% Increase in Direct Premium Volume for Surplus Lines Industry By End of 2003
Sep 21 2004 // A special report released by A.M. Best Co. concludes that at the end of 2003, direct premium volume for the surplus lines industry increased by approximately 28 percent over the prior year, which followed an estimated 62...
Adding Value in the Workers’ Comp Market Through Technical Analysis
Sep 20 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
One-on-One with NAPSLO’s Outgoing President
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
Building Relationships Key to Success Says NAPSLO’s Incoming President
Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando Convention Thirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus...
