Florida Bills Would Let Surplus Lines Do Takeouts and Require More Data Reporting January 31, 2024 By William Rabb A key Florida Senate committee this week advanced a bill that would allow surplus lines carriers to take over coverage...
Georgia Power to Pay $413M to Settle Lawsuit over Nuke Plant Cost Overruns October 10, 2023 ATLANTA (AP) — Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on...
Connecticut Lawmakers Weigh Lifting Surplus Lines Renewal Rule March 24, 2023 Connecticut’s Insurance and Real Estate Committee has advanced a surplus lines insurance measure that the industry says would lift an...
U.S. Surplus Lines Premium Up 22% in 2021 January 26, 2022 Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated...
Illinois-Based Investor Agman Launches MGA Aurenity January 13, 2022 Chicago-based investor Agman has announced the launch of Aurenity, a new tech-enabled Managing General Agent (MGA) targeting the Excess and...
Surplus Lines Insurers Report 21.9% Premium Hike in First Half of 2021 July 20, 2021 Surplus lines premium exceeded $24 billion and premium bearing transactions exceeded 2.6 million through the first six months of 2021,...
Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance July 10, 2020 Lloyd’s announced it plans to stop accepting admitted market accounts in the U.S. in a year and focus on the...
How COVID-19 Impacts the Surplus Lines Insurance Industry April 22, 2020 By Zachary Lerner COVID-19 has majorly disrupted the global economy, and while many business sectors are subjected to temporary shutdowns or bare minimum...
AmTrust E&S Insurance Services Taps Lynn to Lead New Excess Casualty Division September 24, 2019 AmTrust E&S Insurance Services is expanding its offerings with the launch of an excess casualty underwriting division. To lead the...
Texas Surplus Lines Stamping Office Launching ‘SMART’ Online Filing System in 2019 November 20, 2018 The Surplus Lines Stamping Office of Texas (SLTX) plans to launch “SMART,” its new online filing system in 2019. SLTX...