Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
AIG Subsidiary Signs Letter of Intent to Combine Operations of Excess Inc.
Aug 8 2002 // American International Group, Inc. (AIG) announced that its subsidiary Risk Specialists Companies, Inc. has signed a letter of intent to combine the operations of Excess, Inc. with Medical Excess Insurance Services...
Argonaut Reports $6M in Quarterly Net Income
Aug 8 2002 // Texas-based Argonaut Group Inc., a specialty insurer, announced financial results for the three- and six-month periods ending June 30. In addition, the company’s board of directors declared a regular quarterly cash...
Lloyd’s Hardy Underwriting to Boost Capacity for 2003
Aug 7 2002 // A.M. Best reported that one of Lloyd’s managing agencys, Hardy Underwriting Group plc, has been approved to increase the underwriting capacity of its syndicate 382 to 100 million pounds ($1 = 0.64 pounds) for the...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Programs, Programs, Programs
Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Capital Push Triggers Mid-Year Growth for Lloyd’s
Aug 1 2002 // Demand to put new capital into Lloyd’s of London is triggering one of the London- based insurance market’s most significant periods of mid-year growth. Speaking in Canada last weekend, Lloyd’s Director of...
No Fraud Found in Lloyd’s Recruitment of Investors
Jul 31 2002 // A London appeals court reportedly dismissed allegations of fraud against Lloyd’s insurance market, which had been charged by dissatisfied members, or Names, with deceiving them into investing in Lloyd’s...
Credit Where Credit Is Due
Jul 22 2002 // The ability to transfer risk is one of the cornerstones of our economy and helps create our extremely high standard of living. Without that ability, lenders won’t lend; builders won’t build. The current hard...
Surveying the E&S Market with Swett & Crawford’s Hartoch
Jul 22 2002 // Swett & Crawford chairman David Hartoch has seen a number of changes in the excess and surplus industry during his decades in the business. As he approaches retirement in December, Hartoch took time out to talk with...
A Short Walk Through Surplus Lines
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Surplus Lines, The Industry’s Safety Valve
Jul 22 2002 // It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an acceptable way to improve a steam boiler’s performance when demand peaked. The objective was to increase the...
Excess Flood Insurance
Jul 22 2002 // Nuts & Bolts: American Bankers and American Reliable are offering a new Excess Flood Insurance Program. It provides coverage in excess of NFIP building and contents limits. Written in all zones and both commercial and...
PMA Capital Corp. Under Review
Jul 22 2002 // A.M. Best Co. placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under review with negative implications....
