All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jun 4 2012 // Rockhill Insurance Group has expanded its product offerings to include primary general liability. The new underwriting unit will be led by Bob Stone, who will be based in Dallas, Texas. Stone will focus on building a...
Jun 4 2012 // W. R. Berkley Corporation announced that the U.K. Financial Services Authority (FSA) and Lloyd’s of London have approved W.R. Berkley Syndicate Management Limited’s assumption of the management of W.R. Berkley...
Jun 4 2012 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners.The 11 categories that...
Jun 4 2012 // The Injured Workers’ Insurance Fund (IWIF), Maryland’s state-run workers’ comp insurance carrier, will become a private, nonprofit company under a new name Chesapeake Employers’ Insurance, effective...
May 30 2012 // Specialty Risk Associates Inc., headquartered in Shreveport, La., has added Rhonda Lobell as a commercial lines underwriter and Dolores Tutt as a personal lines underwriter.Lobell will be working at the Baton Rouge, La.,...
May 25 2012 // States participating in the Non-admitted Insurance Multi-state Agreement, or NIMA, have adopted a premium allocation method for distributing surplus lines premium taxes on casualty insurance.The adopted method aims to...
May 23 2012 // The Injured Workers’ Insurance Fund (IWIF), Maryland’s state-run workers’ comp insurance carrier, will become a private, nonprofit company under a new name Chesapeake Employers’ Insurance, effective...
May 23 2012 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of A (Excellent) of Atain Specialty Insurance Co., Farmington Hills,...
May 22 2012 // Zurich has announced that SWBC, a diversified financial services company, will be a program administer writing excess flood policies for Zurich in all 50 states. The policies will provide coverage above the National Flood...
May 22 2012 // The UK’s RSA announced that it has re-organized its specialty businesses around the world into three key divisions, as it seeks to join up brokers and customers who are seeking global expertise and capacity.As of...
May 14 2012 // Lloyd’s announcement on Friday of the launch of its “Vision 25” program, an ambitious plan to prepare the historic London market for the future, came as no surprise to Hank Watkins, CEO of Lloyd’s...
May 7 2012 // Relationships are important to the success of any insurance business, but it’s perpetuation that matters most when it comes to survival.R.C. Chaffin, president and CEO of Coral Gables, Fla.-based SeaCoast...
May 4 2012 // Protective Specialty Insurance Co. will now offer an allied health medical professional liability product. It is designed for both entities and individuals in more than 250 subclasses. In addition to customized insurance...
May 3 2012 // Selected earnings highlights from Allied World Assurance for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $680.292 mn $560.688 mn Net premiums written...
May 2 2012 // Encino, Calif.-based NAS Insurance Services has expanded its national specialty insurance business with the addition of Matt Singerman, chief financial officer, and Jeremy Barnett, senior vice president of marketing to the...
Apr 30 2012 // A heightened focus on insurance regulation as well as exposures related to reputational risk are top concerns for insurance executives today, reports a new survey.Nearly a third of executives responding to a survey...
Apr 30 2012 // U.S. excess and surplus market is seeing a slight uptick in premiums, a new report reveals.After several years of declines, U.S. E&S insurers saw an increase in the overall amount of direct premiums written in 2011,...
Apr 26 2012 // Tower Group announced that it has committed to invest $75 million (based on the current exchange rate) in Canopius Group, Ltd., a privately owned Lloyd’s insurance holding company domiciled in Guernsey, Channel...
Apr 26 2012 // OneBeacon Insurance Group Ltd. has formed a new specialty business, OneBeacon Program Group (OBPG), which will be led by President Dan Beaudette. The group will focus on small to medium commercial business written through...