All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 13 2016 // Underwriters at Lloyd’s of London lost money in 2016, driving the 90-plus syndicates in the insurance market to be more selective in the risks they take on and forcing Lloyd’s to cut its subscription rates.To...
Dec 9 2016 // W.R. Berkley Corp. has named Miklos F. Kallo as president of Berkley Regional Specialty. He succeeds Paul S. McAuliffe, who will retire at the end of the year after 15 years of service with W. R. Berkley Corp. The...
Dec 8 2016 // Specialty Program Group, a holding company for specialty insurance brokers and underwriting facilities, has acquired the assets of Global Marine Insurance Agency.Terms of the acquisition were not disclosed. Based in...
Dec 8 2016 // The Pennsylvania Insurance Department has a plan to continue furthering its initiatives within the private flood insurance market in 2017.This comes after the North Central part of the state of Pennsylvania saw flooding in...
Dec 5 2016 // Lloyd’s announced details of its new Corporation Operating Model (COM) that it said will enable it to deliver its Vision 2025* more effectively and efficiently.Effective Jan. 1, 2017, COM will enable Lloyd’s to...
Dec 5 2016 // Liberty Mutual Insurance has agreed to acquire specialty lines insurer Ironshore Inc. from China’s Fosun International Limited.Liberty Mutual will acquire a 100 percent ownership interest in Ironshore. According to...
Dec 5 2016 // Surplus lines agents doing business in North Carolina can now begin registering with the recently established North Carolina Surplus Lines Stamping Office as new rules regarding resident and non-resident surplus lines...
Dec 5 2016 // Surplus lines agents doing business in North Carolina can now begin registering with the recently established North Carolina Surplus Lines Stamping Office as new rules regarding resident and non-resident surplus lines...
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
Dec 5 2016 // Surplus lines agents doing business in North Carolina can now begin registering with the recently established North Carolina Surplus Lines Stamping Office as new rules regarding resident and non-resident surplus lines...
Dec 2 2016 // A possible merger of the nation’s two major excess and surplus lines organizations is on track.The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines...
Dec 1 2016 // Hamilton Underwriting Ltd., the Lloyd’s platform of Bermuda-based Hamilton Insurance Group, announced that the managing agency has received approval from Lloyd’s to increase its gross written premium for...
Dec 1 2016 // Fort Wayne, IN, December 1, 2016 – American Specialty, a recognized leader in Sports, Recreation, and Entertainment insurance, is proud to announce the roll out of its new Ice Rink industry program. Effective December 1,...
Nov 29 2016 // The Surplus Lines Stamping Office of Texas (SLSOT) has appointed Maegan DiLoreto as communications and training coordinator. DiLoreto previously worked as a copy editor and page designer for newspapers in both Alabama and...
Nov 29 2016 // Bermuda-based AXIS Capital Holdings Ltd. announced it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, in a move that is designed to increase the company’s scale and relevance in the...
Nov 22 2016 // Columbus, Ohio-based Rockhill Insurance Group, a member of the State Auto Insurance Group has launched an excess and surplus (E&S) property unit. Led by industry veteran Tracy Upton the unit is a catastrophe wind and...
Nov 22 2016 // Palomar Specialty Insurance Company has partnered with Cabrillo Coastal General Insurance Agency, LLC to offer coastal homeowners insurance in Mississippi. Palomar Specialty is currently offering homeowners coverage...
Nov 21 2016 // Western Growers Insurance Services Inc. has named Ken Cooper director of risk strategy.Western Growers also named Matt Luis as a sales executive. Cooper will spearhead the development of solutions for Western...
Nov 17 2016 // Teri Brinson, executive vice president of M.D. Jensvold & Co. Inc. in Houston, has been elected president of the Texas Surplus Lines Association (TSLA). Brinson was installed at TSLA’s 61st Annual Meeting held...
Nov 17 2016 // Lloyd’s has appointed Angela Kelly as Lloyd’s country manager, Singapore, and CEO of Lloyd’s of London (Asia) Pte. Ltd.Kelly joins Lloyd’s from Swiss Re where she was chief executive officer of...