When it comes to observations of the excess and surplus lines market, there is a difference between the momentum of liability and property lines, said W.R. Berkley CEO W. Robert Berkley, Jr. Addressing some talk that has painted a picture …
Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks at the reasons and advises how to best take advantage of its wealth of opportunities. The excess and surplus lines …
Chubb is writing more North American personal excess and surplus lines business, but the insurer’s chief executive is not exactly celebrating. While he reminded analysts during a fourth-quarter earnings conference call that the large majority of Chubb’s personal insurance portfolio …
Insurance industry rating agency AM Best has upped its view of the excess and surplus market as it continues to absorb business from the admitted market. AM Best on Monday changed its U.S. E&S outlook from “stable” to “positive,” considering …
Canopius Group, the London-based specialty re/insurer, announced the strategic expansion of its U.S. casualty business with its entry into the domestic U.S. excess casualty market on Canopius U.S. Insurance Co. paper. Canopius said the move underscores its commitment to expanding …
Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to Nationwide brokers this week and obtained by Insurance Journal. Beginning September 1, Nationwide E&S will …
According to an analysis by S&P Global Market Intelligence, the U.S. excess and surplus market continued to grow in 2022, surging $37.6 billion in premiums during the first six months. Direct written premiums in the U.S. were up 27.6% (excluding …
Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto insurance, announced its expansion to the six states of Idaho, Iowa, New Hampshire, South Dakota, Tennessee, and Virginia. These bring …
According to wholesale insurance executives, their segment of the property/casualty insurance industry is more exciting and fulfilling than other sectors of the industry. It’s also full of potential for young insurance professionals starting out in the current hard market and …
Sartain Named Marsh Specialty Leader for U.S. and Canada Insurance broker Marsh announced the appointment of Michelle Sartain as head of Marsh Specialty for the U.S. and Canada, effective January 1, 2022. Sartain will oversee Marsh’s aviation, construction, energy and …
