Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

S&P, Moody’s Bullish on Lloyd’s

Sep 25 2003 // Standard & Poor’s and Moody’s Investors’ Service both issued favorable comments yesterday on the current prospects at Lloyd’s. The announcements followed a number of first half reports from...

Target Insurance, Lloyd’s of London Team Up to Offer Professional Liability Program

Sep 23 2003 // Target Insurance Services and Lloyd’s of London have entered into a new program partnership to provide insurance agents professional liability insurance. The program will be offered to property and casualty agents...

Excess Flood Coverage

Sep 22 2003 // Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced Excess Flood Coverage to support insureds in the event of...

Is the Pendulum Swinging on Stowers’

Sep 22 2003 // Through its history in Texas jurisprudence, the Stowers doctrine, which creates excess liability for insurers based upon rejection of the settlement demand within limits, has shifted between a restricted concept and a...

NAPSLO Special Coverage

Sep 19 2003 // Insurance Journal brings you special video coverage of the NAPSLO Annual Convention that took place Sept. 10-14 in San Diego. Insurance Journal spoke with a number of key leaders in the excess & surplus lines...

Endurance Specialty Promotes Mary Lou Douglas, Maria Costello

Sep 16 2003 // Endurance Specialty Holdings Ltd. announced that its Bermuda subsidiary, Endurance Specialty Insurance Ltd., has promoted two key people within its Excess Casualty and Professional Lines Divisions, Mary Lou Douglas and...

Lloyd’s Chairman Calls for Action to Tackle Compensation Culture

Sep 16 2003 // Speaking at Town Hall Los Angeles recently, Lord Levene, chairman of Lloyd’s of London insurance market, said that the compensation culture and increasing barriers to free trade cause serious harm to industries that...

Aspen Expands Into U.S. E&S Business; Acquires Dakota Specialty Insurance Co.

Sep 10 2003 // Aspen Insurance Holdings Limited, a provider of global reinsurance and specialty insurance, is expanding into the U.S. excess and surplus lines business through the acquisition of Dakota Specialty Insurance Company from...

Wausau Unveils Excess/Umbrella Policy

Sep 10 2003 // Wausau Insurance has announced a proprietary excess/umbrella liability Insurance policy to provide coverage over and above the limits of primary insurance policies. “Our excess/umbrella coverage is for proactive...

NAPSLO Awards Existing Scholarships, Adds a New One

Sep 8 2003 // Nine college students from around the U.S. recently received scholarships from the Derek Hughes/National Association of Surplus Lines Offices Educational Foundation for the 2003-2004 school year. In addition to the $2,000...

Rising to the Top With NAPSLO’s Advanced School

Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...

How do you Spell Relief’ Surplus Lines

Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...

ISO Says P/C’s Net Worth Continues to Decline Despite Rising Profits

Sep 8 2003 // While strong underwriting results propelled the property/casualty industry to profitability in 2002, insurers have not fully recovered from anemic premium growth of the 1990s and Sept. 11 losses, according to a...

How Do You Spell Relief’ Surplus Lines

Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...

Rising to the Top With NAPSLO’s Advanced School

Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...

NAPSLO Awards Existing Scholarships, Adds a New One

Sep 8 2003 // Nine college students from around the U.S. recently received scholarships from the Derek Hughes/National Association of Surplus Lines Offices Educational Foundation for the 2003-2004 school year. In addition to the $2,000...

Excess Flood Coverage

Sep 8 2003 // Nuts & Bolts: AIG Private Client Group, a Division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced Excess Flood Coverage to support insureds in the event of...

CIWA Invites Attendees to Breakfast, Briefing at NAPSLO Conference

Aug 28 2003 // The California Insurance Wholesalers’ Association (CIWA) is inviting attendees to a continental breakfast and a briefing on the California Regulatory, Legislative and Political Environment and Issues facing the...

Liberty Mutual Lowered

Aug 18 2003 // Fitch Ratings lowered its insurer financial strength ratings on companies participating in the Liberty Mutual inter-company pool to “A-” from “A” and its rating on Liberty Mutual Insurance...

Orta Joins Western Security Surplus as Broker

Aug 12 2003 // Rocio L. Orta recently joined Pasadena-based Western Security Surplus Insurance Brokers Inc. as a broker. Orta will be responsible for servicing an existing book of business, as well as developing new business with new...