All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 30 2010 // Connecticut-based insurer W. R. Berkley Corp. reported a $119 million profit in the first quarter and announced plans to open an excess and surplus (E&S) underwriting company in Virginia.Net premiums written were $984...
Apr 29 2010 // A recent report by the Workers Compensation Insurance Rating Bureau of California indicates that total statewide pur premium generated after application of 2010 workers’ compensation experience modifications has not...
Apr 28 2010 // W. Brown & Associates Property and Casualty of Irvine, Calif., has purchased the commercial lines business from Vulcan Excess and Surplus Insurance, effective May 1,2010. Vulcan President Brad Snow, along with Gina...
Apr 27 2010 // Atlantic Specialty Lines of Florida, the Western Florida office of the independently owned Wholesale Brokerage firm with offices throughout the Mid-Atlantic, announces that Greg Gold, an experienced marketing and field...
Apr 26 2010 // A new report in Lloyd’s “360” series examines the threats posed to business as a result of the increasing scarcity of water. According to the report, Global water scarcity: risks and challenges for...
Apr 22 2010 // Louisiana House Bill 285 by Rep. Pearson, which exempts surplus lines from filing rates and forms, has passed the state’s House of Representatives.According to David Tatman, a representative for the Louisiana Surplus...
Apr 19 2010 // CNA appointed Nancy Osborn branch vice president for its Phoenix and Albuquerque, N.M., offices; and Connie Taylor vice president of its new Los Angeles branch office, scheduled to open in May.Osborn began her insurance...
Apr 19 2010 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive...
Apr 15 2010 // The U.S. property/casualty industry’s profitability as measured by their rate of return on average policyholders’ surplus (or statutory net worth) increased by 5.8 percent in 2009, while private P/C...
Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Apr 12 2010 // Another young Florida property insurance company is in trouble with state regulators and could lose its license if it does not cut back on business, boost its reinsurance and explain some if its accounting.Olympus...
Apr 12 2010 // As part of its new Butterfinger advertising campaign, Nestle USA said it has taken out a $1 million policy with Lloyd’s of London to ensure the promise behind its tagline to ensure consumers can “always lay a...
Apr 9 2010 // The Hanover Insurance Group Inc. has unveiled expanded offerings for industrial businesses through Hanover Specialty Industrial, which includes Hanover Specialty Industrial Property (HSIP) and Hanover Specialty Insurance...
Apr 6 2010 // The Surplus Line Association of Illinois has launched a new series of training videos. The videos were developed for training licensees and clerical staff.The series of 16 different videos covers various topics from...
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations.In her new role, Riddle is responsible for the strategic direction of...
Apr 5 2010 // Specialty insurer Ironshore Inc. announced that Ben Beauvais will head the company’s domestic construction practice within its U.S. Specialty Casualty division, including the operations of IronBuilt.Beauvais, based...
Apr 2 2010 // Lloyd’s announced that it has graduated the first group of graduate students from its new Program, which features an 18 month rotation, after which the new graduates will continue to work in London’s insurance...
Mar 31 2010 // One of the major bills of interest to the surplus lines industry in Louisiana during the current legilative session would clarify the exemption from rate and form filing for providers of excess and surplus insurance in...
Mar 30 2010 // New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market that lasted for several years the last time it was tried.New York Insurance...
Mar 29 2010 // Illinois-based Arthur J. Gallagher & Co. has agreed to acquire substantially all of the insurance brokerage business of FirstCity Partnership Ltd. of London, England. The transaction is expected to close in April 2010....