All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 4 2023 // The continuing trend of more personal lines business making its way into the E&S market is surprising, says John Jennings, CEO and one of the founding members of Jencap Group.“I think that is probably the biggest...
Sep 4 2023 // As the longest hard market in memory refuses to fade, standard property/casualty carriers are not only continuing to raise prices but also reimagining their books by shedding risks they no longer want.It’s affecting...
Aug 24 2023 // The Hanover Appoints Hamann President of Small CommercialThe Hanover Insurance Group, Inc., headquartered in Worcester, Mass., appointed Charles (Chip) F. Hamann to president of small commercial. Hamann has over 35 years...
Aug 21 2023 // Amwins announced Amwins Specialty Auto, in partnership with Agricultural Workers Mutual Auto Insurance Company, will launch a new private passenger automobile program in Oklahoma.Both Amwins Specialty Auto and Ag Workers...
Aug 21 2023 // CHARLOTTE, N.C., Aug. 21, 2023 – Amwins today announced Amwins Specialty Auto, in partnership with Agricultural Workers Mutual Auto Insurance Company, will launch a new private passenger automobile program in...
Aug 18 2023 // Ryan Specialty Appoints Guerville to Chief Underwriting Officer of Ryan Specialty Underwriting Managers Ryan Specialty, headquartered in Chicago, Ill. appointed Kathy Guerville to chief underwriting officer of its...
Aug 16 2023 // Aviva posted an above-forecast rise in first-half operating profit on Wednesday, helped by strong performance in general and health insurance, and its chief executive said the insurer was interested in entering the...
Aug 10 2023 // Surplus lines premium reached nearly $36 billion through the first six months of 2023, according to the 2023 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices.Premium increased about 16% overall...
Aug 10 2023 // Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns grow over possible military action by China, industry sources...
Aug 7 2023 // U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of...
Jul 26 2023 // Wildfire Defense Systems Inc., Polo Managing Agency Ltd. (PMA) and Aon, announced Lloyd’s has approved the launch of Wildfire Defense Syndicate 1996, which started underwriting on July 1, 2023.Created under...
Jul 25 2023 // Woodbridge, NJ, July 25, 2023 – NIP Group, a renowned specialty insurance provider, is proud to announce the relaunch of its highly successful MaintenancePro® program, tailored specifically for larger residential...
Jul 25 2023 // DUAL North America announced Connie Germano as its chief casualty officer.Germano’s appointment comes as DUAL continues to expand its reach and capabilities in the market. Germano will be responsible for overseeing...
Jul 25 2023 // Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale...
Jul 24 2023 // Marsh said today that Pat Donnelly has been appointed as president, Marsh Specialty and Global Placement, effective immediately.Donnelly was formerly president of Marsh’s US business since the start of 2022. Prior to...
Jul 21 2023 // U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of...
Jul 19 2023 // E&S Casualty at Ascot Group U.S. Names Keller Senior Lead Underwriter Ron Keller has been named senior lead underwriter, E&S Casualty at Ascot Group U.S. Keller is based in the Chicago, Ill., office and is...
Jul 14 2023 // The Clear Group, the London-based independent broker, announced the acquisition of One Commercial Specialty Ltd., a speciality lines managing general agent. This represents the Clear Group’s second MGA deal and is a...
Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management AdvisorPowers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...
Jul 13 2023 // Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market.Romeo is responsible for building the program and identifying growth opportunities, with a...