Excess and Surplus (E&S) News

AXA XL’s E&S Casualty Insurance Names 2 U.S. Product Leaders

AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly Smid joins AXA’s E&S team to …

AIG Names McElroy from Arch as CEO of Lexington Insurance Co.

American International Group Inc. announced that David H. McElroy will join the company as chief executive officer of Lexington Insurance Co. at a date to be determined. McElroy will lead Lexington Insurance Co. and report to Peter Zaffino, chief executive …

Swiss Re Corporate Solutions Names Link to Head E&S Casualty for North America

Swiss Re Corporate Solutions has named Diane Link as head of Excess and Surplus (E&S) Casualty for North America. Link will oversee North American E&S casualty business. Based in Chicago, Link succeeds Mike Kwan, who has decided to leave Swiss …

Former Scottsdale Insurance Chief Miller to Start New E&S Carrier, Ategrity

Mike Miller, the long-time president and chief operating officer of excess and surplus lines giant Scottsdale Insurance Co., is launching a new specialty property/casualty insurance company named Ategrity Specialty Insurance Co. that will focus on the E&S market. Ategrity Specialty …

State Auto Sells Rockhill’s General Liability, Gas Distribution Business to K2 Insurance

State Auto Insurance is continuing its exit from the specialty insurance business, selling off more of the business of its excess and surplus lines subsidiary, Rockhill Insurance Group. The buyer this time is specialty insurance holding company K2 Insurance Services, …

14 States Process $12.7B in Surplus Lines Premium in First Half 2016

Data from the 14 U.S. surplus lines service/stamping offices show they have processed almost $12.7 billion in insurance premium filings in the first half of 2016, according to the Surplus Lines Stamping Office of Texas (SLSOT). The $12.7 billion in …

XL Catlin Names Chubb’s Oh as President of E&S Business in U.S.

XL Catlin has appointed Stephen S. Oh to lead its Excess & Surplus (E&S) business. As president of XL Catlin’s multi-line E&S operation in the U.S., he will direct regional underwriting operations, product distribution and development as well as strategic …

Safety National Forms Safety Specialty Insurance Company

Safety National Casualty Corporation has acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public entity multi-line program, which includes general …

Clark Tapped to Lead Nationwide’s Excess and Surplus Lines Business

Columbus, Ohio-based property/casualty insurer, Nationwide, announced that Tom Clark has been elected president of Nationwide’s Excess & Surplus lines business. In a planned leadership transition the company announced in 2014, Clark succeeds Mike Miller, who remains with Nationwide. Prior to …

SNL’s Top 30 E&S Writers: Berkshire On Fire with 40% Growth in 2013

With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three places. Berkshire Hathaway Inc. is …