excess and surplus lines News

Essary Named Exec. Director of Surplus Lines Stamping Office of Texas

Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of distinguished service. For the …

Maximum Adds E&S Sales Teams in Chicago, Florida

Maximum, an independent, Chicago, Ill.-based excess and surplus lines wholesale distributor, announced further expansion to its sales team. Chicago additions include Patrick O’Donoghue to the professional practice and Chrissy Fisher to the casualty practice. Heather Hudson, in the Daytona Beach, …

Surplus Lines Rate Hikes to Slow As Competition Grows

Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows. Moody’s Investors Service said that the U.S. excess and surplus lines sector is experiencing growth and strong profitability, thanks to …

Scottsdale’s Miller: E&S Market Stable with Moderate Growth in 2013

The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the sector. “I think the E&S market is the market …