All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 7 2011 // Fraud is a fact of life for the insurance industry – part of the game so to speak. While some claims, as Lloyd’s notes in an article on its web site, may cause people to smile, the amount of money they cost the...
Feb 2 2011 // Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development...
Feb 1 2011 // Ryan Specialty Group, LLC (RSG) has launched CivicRisk (CRU), a managing general underwriter specializing in excess casualty coverage for public entities which includes, but is not limited to, cities, counties, school...
Jan 31 2011 // No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt, a senior official with London’s marine insurance market said on Monday.“We are not...
Jan 25 2011 // Howden Specialty Underwriters LLC, a subsidiary of Hyperion Insurance Group Limited, and Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, now offer a management...
Jan 25 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
Jan 24 2011 // North Carolina Insurance Commissioner Wayne Goodwin has announced a settlement agreement that calls for the North Carolina Insurance Underwriting Association, known as the Beach Plan, to reverse the more than $16 million...
Jan 24 2011 // The loss of market share in the surplus lines sector of the property/casualty insurance industry will turn around when standard carriers begin to experience negative results from the non-standard business they’ve...
Jan 24 2011 // As of July 21, 2011, the Nonadmitted and Reinsurance Reform Act (NRRA), also known as Subtitle B of the Dodd-Frank Wall Street Reform and Consumer Protection Act, reshapes the landscape for state taxation of surplus lines...
Jan 20 2011 // Chicago-based Ryan Specialty Group LLC (RSG) has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on providing best in class underwriting for complex construction and...
Jan 19 2011 // Allianz Global Corporate & Specialty (AGCS) has published a new corporate website, featuring “an extensive knowledge section and other enhancements to keep its clients, brokers, business partners, press and any...
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Jan 10 2011 // Welcome to Insurance Journal’s 2011 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Jan 10 2011 // Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a contractor or two. There is no doubt this class of business has caused its share of errors and...
Jan 10 2011 // The States appear poised, through inaction, to leave untold millions of dollars in premium tax revenue “on the table” when the Nonadmitted Insurance and Reinsurance Reform Act (NRRA) becomes the law of the land...
Jan 10 2011 // Lloyd’s leaders have long warned that the “compensation culture” is steadily increasing the costs of legal actions in the UK, as plaintiffs’ lawyers pursue more actions and seek larger recoveries...
Jan 7 2011 // Mitsui Sumitomo at Lloyd’s, a leading UK insurer, has announced a string of new appointments that continues to strengthen its underwriting team.Chris Bottomley has been appointed as Underwriting Manager, Property and...
Jan 7 2011 // R-T Specialty, LLC (RT), the wholesale brokerage arm of Ryan Specialty Group LLC (RSG) has opened a new office in Dallas, Texas.Rajan Shah will direct the office as president. Shah brings more than 17 years of experience...
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
Dec 30 2010 // It has been a challenging few years for those in the excess and surplus (E&S) lines insurance market. An endless soft market, extreme competition from the standard markets, and a bad economy left wholesale and retail...