Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Lloyd’s Partners with London Police
Jan 29 2004 // “East London Bobbies will be experiencing the world of brief cases and pin-striped suits as part of a new mentoring scheme,” said a bulletin from Lloyd’s. Senior police officers from Tower Hamlets will...
Lloyd’s Expands Licensing Agreement with ISO for Underwriting and Claims Products
Jan 29 2004 // Lloyd’s has renewed its licensing agreement with Insurance Services Office, Inc. (ISO), which reportedly significantly expands the range of underwriting and claims products and services it can use in the U.S....
Best Withdraws Danish Re Lloyd’s Syndicate Ratings
Jan 27 2004 // A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which is managed by Danish Re Syndicates Ltd., and assigned it an NR-4...
Johns Appointed President of Argonaut’s Specialty Commercial Group
Jan 27 2004 // San Antonio-based Argonaut Group Inc. announced it has appointed B. Thomas Johns as president of its Specialty Commercial Group. Johns is currently senior vice president and chief underwriting officer of Argonaut...
E&S Directory Packs a Punch
Jan 26 2004 // Here it is, folks. Your baby. The book that will be close to your heart for the next six months — the Insurance Journal E&S Directory, Volume 1. Any excess and surplus market your heart could desire, from abuse and...
Terms of Credit History Use Still Being Negotiated
Jan 26 2004 // The Texas Department of Insurance held a public hearing Jan. 7, 2004 to consider a proposal that would cap the amount by which insurance companies could increase or decrease rates in personal lines insurance because of an...
Texas P/C and Lloyd’s Premium – 2002
Jan 26 2004 // The Texas Department of Insurance submitted its 128th Annual Report to the Texas Governor and Legislature in November 2003. The information provided in the tables below are taken from that report. The first shows premium...
Agribusiness and Specialty Equine Insurance
Jan 26 2004 // Nuts & Bolts: Allen Financial Insurance Group Inc. and The Equestrian Group are offering a market for agribusiness and specialty equine insurance. Dollars: Policy limit $4 million. Minimum premium is $500. Carrier:...
E&S Foresight and Good Management Ease Hard Market Pains
Jan 26 2004 // As you have no doubt heard by now, this hard market is not just longer; it is fundamentally different. It is by all reports the most moderate in memory, characterized by fewer and less dramatic disruptions of normal market...
AFG and Subs Affirmed
Jan 26 2004 // Fitch Ratings affirmed the “BBB+” long-term issuer ratings of American Financial Group Inc. (AFG) and its subsidiaries American Premier Underwriters Inc. and Great American Financial Resources Inc. (GAFR). The...
Lloyd’s Syndicate 2001 Assigned
Jan 26 2004 // A.M. Best Co. assigned a Best’s Syndicate Rating of “A” (excellent) to Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Ltd. The outlook is stable. The rating reflects the...
Texas Surplus Lines Premium Comparison
Jan 26 2004 //
Catastrophes Set the Stage for the Marine Insurance Marketplace
Jan 26 2004 // Marine insurance suffered its worst year on record in 2002, and while 2003 showed some minor improvement, it too suffered more that its fair share of catastrophes. The most notable of catastrophes in the marine marketplace...
United National Settles B of A Suit; Confirms David Bradley’s Appointment as CEO
Jan 23 2004 // United National Group, Ltd., a specialty insurer, headquartered in the Cayman Islands, announced that its subsidiary, Diamond State Insurance Company, has entered into a settlement with Bank of America and Platinum...
Lloyd’s Announces Council Election Results
Jan 21 2004 // Lloyd’s announced the election of five members to its governing council, the body that has ultimate responsibility for directing and controlling the Lloyd’s market. All the appointments are for a term of three...
Toby Davies New Head of Lloyd’s Kinnect
Jan 20 2004 // Lloyd’s announced that Ashok Gupta, the current CEO of Kinnect, Lloyd’s IT interface solution to transfer data from systems used by brokers to those used by underwriters, is to leave the Lloyd’s...
IBA/SFV Recognizes Monarch E&S Insurance
Jan 19 2004 // The IBA/SFV chapter celebrated their company appreciation night by honoring Monarch E&S Insurance Services. Derek Ross, vice president of C.M. Meiers and president of the IBA/SFV chapter presented Derek Borisoff, CEO...
Steven Burns to Join Lloyd’s Franchise Board
Jan 16 2004 // Lloyd’s announced the appointment of Steven Burns, currently Chief Executive Officer of the Limit Group, as a non-executive member to its Franchise Board. He replaces Andrew Kendrick, who has moved to an overseas...
Lord Levene Stresses Lloyd’s Special Relationship with U.S.; 2004 Priorities
Jan 15 2004 // Speaking at a joint meeting of the Downtown Association and the Insurance Brokers Association of New York (IBANY)* yesterday, Lloyd’s Chairman, Lord Peter Levene, reminded his audience of the longstanding special...
CALIF. STAMPING OFFICE TURNS 65
Jan 12 2004 // Ted Pierce, executive director of the Surplus Line Association of California (SLA) announced that Dec. 1, 2003 marks the 65th anniversary of the organization’s stamping office. On this date in 1938, California...
