Most Popular Excess Surplus Headlines This Year
The most viewed headlines from our Excess Surplus Topic Page over the last year.
#1 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#2 End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1
Jun 16 2025 // Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines...
#3 Florida Bill Passes Making it Easier for Agents to Seek Surplus Lines Coverage
May 6 2025 // Starting July 1, Florida insurance agents will no longer need to make a “diligent effort” to find coverage for hard-to-place properties before turning to surplus lines insurance if the governor signs House Bill...
#4 Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’
Jun 30 2025 // Lloyd’s has issued a statement applauding the removal of Section 899 from the Republican’s reconciliation bill, which could have led to substantial additional tax on the US income of non-US-domiciled...
#5 AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S
Apr 30 2025 // Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter...
#6 How Cincinnati Insurance Does E&S
Mar 26 2025 // The Cincinnati Insurance Companies have grown business for 75 years through relationships with a carefully selected set of regional independent agents—and business in the surplus lines segment is no exception, executives...
#7 As E&S Market Growth Hits New Heights, Some Risk May Be There to Stay: AM Best
Sep 24 2024 // In 2023 the U.S. surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond an eventual turn in the...
#8 Markel Insurance CEO Wilson Lays Out Strategy for ‘Bread-and-Butter’ E&S Business
May 13 2025 // “You can’t cut yourself to greatness.” Simon Wilson, chief executive officer of Markel Insurance, made the simple statement at a Markel Group brunch meeting for investors in Omaha, Nebraska on May 4 to...
#9 Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s
Jul 29 2024 // A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius Group in a deal that could value the Lloyd’s of London insurer at about £3...
#10 Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk
Oct 3 2024 // While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified. During a recent...
#11 AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees
May 23 2025 // Global insurer American International Group (AIG) has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in...
#12 Slower Growth but Surplus Lines Premiums Still Up 12% in 2024
Feb 6 2025 // The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance...
#13 Business Moves: CRC Group Acquires ARC in E&S Deal
May 1 2025 // Independent insurance wholesaler CRC Group said it has acquired specialty wholesale distributor ARC Excess & Surplus. Terms were not disclosed. ARC was founded in 1986 by Chris Cavallaro as a boutique management and...
#14 US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
Jun 26 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
#15 Florida-based FCCI Moving Into Excess and Surplus Market Oct. 1
Sep 6 2024 // Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week. Florida, Georgia and Texas insurance agents can submit general liability and...
#16 Markel Insurance Restructures Markel Specialty, Appoints Leaders
Apr 23 2025 // Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes...
#17 ‘No’ Is Not an Option for E&S Brokers Managing Busy Times – Young E&S Pros Share Views on Surplus Lines
Sep 16 2024 // Wholesale insurance teams are up for a challenge, and they need to be. Rising rates, shrinking appetites, hurricanes, wildfires and increased demand mean those working in the excess and surplus (E&S) sector are facing...
#18 Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer
Dec 4 2024 // The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to people familiar with the matter. The shareholders, which include buyout firm JC Flowers...
#19 Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal
Sep 6 2024 // Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim results in 17 years—does this mean the hard market cycle is ending? During a media briefing to...
#20 People Moves: Markel Insurance Makes Leadership Changes to Simplify US Wholesale and Specialty Division
Jun 17 2025 // Markel Insurance, the insurance operations within Markel Group Inc., appointed new leadership within its U.S. wholesale and specialty division. The company is simplifying its structure from six U.S. wholesale and two U.S....
