All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 26 2014 // A.M. Best has upgraded the issuer credit rating (ICR) to “a-” from “bbb+” and the debt ratings of American Financial Group, Inc. (AFG). Best has also upgraded the financial strength rating (FSR) to...
Feb 24 2014 // XL Group’s Specialty insurance businesses in North America have teamed up on a new luxury lines to extend their equine, aviation, yacht, fine art, and kidnap, ransom & extortioncoverages to protect high net worth...
Feb 24 2014 // The Surplus Line Association of California has elected Ian Fitt, CEO and chairman of Western Re/Managers Insurance Services Inc., chair of the SLA Executive Committee, the organization’s board of...
Feb 24 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), based in Farmington, Conn., a subsidiary of Beazley...
Feb 24 2014 // A Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings.According to Evan Hecht, CEO of The Flood Insurance...
Feb 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a consolidated insurance endorsement which combines numerous primary general liability coverage enhancements in a single product designed expressly for...
Feb 19 2014 // CNA Financial Corp., based in Chicago, appointed Christopher Leisz as senior vice president and chief underwriting officer for CNA Specialty. Leisz will take on the oversight and governance for specialty insurance products...
Feb 18 2014 // CNA Financial Corp., based in Chicago, appointed Christopher Leisz as senior vice president and chief underwriting officer for CNA Specialty. Leisz will take on the oversight and governance for specialty insurance products...
Feb 13 2014 // Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and...
Feb 13 2014 // MarketScout said it has acquired a specialty underwriting facility, Bowling Center, which provides coverage for bowling centers on an admitted basis in all 50 states, except Alaska.The business was acquired from QBE North...
Feb 13 2014 // Qatar Insurance Company SAQ (QIC) announced that it has reached agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries, a specialist insurer and reinsurer operating in the...
Feb 11 2014 // Representatives of over 75 percent of the UK’s Managing General Agents’ Association (MGAA) member organizations gathered yesterday to hear Peter Montanaro, Head of Delegated Authorities at Lloyd’s, set...
Feb 11 2014 // San Diego, Calif. (Feb. 11, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the formation of its new division, Atlas Specialty Programs. This new division will...
Feb 10 2014 // A Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings.According to Evan Hecht, CEO of The Flood Insurance...
Feb 10 2014 // 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...
Feb 5 2014 // ANV Holdings BV, the Dutch headquartered specialty insurance business, announced a wide restructuring of its underwriting leadership within ANV Syndicate 1861.The bulletin described the initiative “as a testament to...
Feb 3 2014 // Lloyd’s announced the launch of its new shared service, Volume Claims Service (VCS), which it said is “part of its overarching Claims Transformation Program, a fast and fair claims handling service which offers...
Jan 28 2014 // Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to...
Jan 27 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their...
Jan 27 2014 // Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche program administrator that...