All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 5 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty...
Dec 5 2011 // The expiration date for surplus lines licenses in Tennessee will soon have to coincide with the expiration of an agent’s primary insurance producer license. All surplus lines license expiration dates will be moved...
Dec 5 2011 // Even with historically low rates, tough competition, and a reduction in business, the architects and engineers professional liability class is still very highly sought after, with new players jumping in regularly.Some...
Dec 2 2011 // Aon is closing down Agency Specialty Product Network (ASPN), a subsidiary, by the end of the year.“Aon values the long-term relationships developed with local agents and brokers and we remain committed to developing,...
Dec 2 2011 // DUAL Corporate Risks has launched Tamesis DUAL, a specialty excess-of-loss reinsurance business with capacity from Lloyd’s. Tamesis DUAL will access global clients writing a specialty excess-of-loss account. This...
Nov 28 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda) Limited,...
Nov 23 2011 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS...
Nov 21 2011 // Ben Baker, the Lloyd’s Market Association’s (LMA) former Senior Underwriting Executive, has been promoted to the role of the organization’s Professional Standards Manager. He will take over from Terry...
Nov 21 2011 // Valencia, Calif.-based Petersen International Underwriters has named John J. Russo as legal director.Russo will assist in monitoring compliance and current legislation in various states, maintaining surplus lines...
Nov 21 2011 // The passage of a bill addressing late filing of surplus lines policies in the 2011 Texas legislative session was a victory for surplus lines professionals in the state. Senate Bill 1806 was backed by the Texas Surplus...
Nov 21 2011 // Pat Ryan Asks, ‘Are You Happy? Powered by InsuranceJournal.tv Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to launch Ryan Specialty Group in early 2010. Success lies in...
Nov 18 2011 // Catlin Group Limited has announced the formation of a strategic partnership with China Reinsurance (Group) Corporation (China Re) that will result in the establishment of a special purpose syndicate at Lloyd’s of...
Nov 17 2011 // On July 3, 2011, while returning to their home in Houston, Texas, from an annual family road trip to Colorado, the Berry family found themselves victims of a tragic, fatal car accident.The Berry family’s minivan,...
Nov 15 2011 // The expiration date for surplus lines licenses in Tennessee will soon have to coincide with the expiration of an agent’s primary insurance producer license.All surplus lines license expiration dates will be moved...
Nov 15 2011 // The passage of a bill addressing late filing of surplus lines policies in the 2011 Texas legislative session was a victory for surplus lines professionals in the state. Senate Bill 1806 was backed by the Texas Surplus...
Nov 15 2011 // Susan Gropp has been elected president of the Texas Surplus Lines Association Inc. Gropp, executive vice president of Arcana Insurance Services in Dallas, was installed as president of the association for the coming year...
Nov 14 2011 // WRM America Holding Company, a specialty lines P/C insurance and risk management holding company, completed the acquisition of Fidelity National Indemnity Insurance Company (FNIIC), the flood insurance business of Fidelity...
Nov 9 2011 // Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, has opened an excess and surplus (E&S) property operation in Los Angeles to better serve the West Coast wholesale...
Nov 9 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus...
Nov 8 2011 // Torus now has U.S. professional and management liability primary underwriting capabilities. Led by Jeffrey Grange, senior vice president, head of professional lines, the offering includes products across three segments:...