All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 1 2008 // General Star Management Co. appointed Gregory J. Diorio chief operating officer and Joseph L. Majsak chief marketing officer. Diorio will oversee all underwriting divisions while Majsak will oversee the new marketing...
Sep 1 2008 // Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to how such...
Sep 1 2008 // Over my 30-year career, the insurance industry has weathered three hard market and soft market shifts. Yet amazingly, many professionals in the industry continue to be surprised by the market’s cyclical nature and...
Sep 1 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007 despite the softening market and more aggressive competition. Heightened competition along...
Sep 1 2008 // There is an old saying in the insurance industry that goes something like this: “Please, God, give me one more hard market and I won’t let it slip away.”Of course, in today’s soft market, few of us...
Aug 26 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007, despite the softening market and more aggressive competition. Heightened competition along...
Aug 25 2008 // Lloyd’s and Risk Management Solutions will publish a new report on coastal flooding on Tuesday, Sept. 9 in conjunction with the Reinsurance Rendezvous in Monte Carlo.Lloyd’s said the report looks specifically...
Aug 25 2008 // The Olympic Games have concluded their run in Beijing. The 302 Gold Medal winners are returning to their respective countries to reflect on their experiences and their achievements. China is getting back to business (and...
Aug 25 2008 // Swett & Crawford rolled out a new approach to serving the insurance needs of exterior insulation finishing system (EIFS) applicators nationwide.Under the company’s new Specialty Stucco Insurance Strategy (SSIS),...
Aug 21 2008 // The Burma Campaign UK, a human rights group, has issued a bulletin stating that XL and Chubb have separately announced their withdrawals from the Burmese market. The Campaign said the move was prompted by a bulletin it had...
Aug 21 2008 // Agents say that the search of the admitted market ends up being just a time-waster for them and their clients. They already know which risks their insurers will accept and not accept.Insurance agents and brokers from...
Aug 21 2008 // N2 | Washington ReportHouse Subcommittee Moves Key Federal Bills N4 | Insurers Bitten by $350 Million in Dog ClaimsAverage Liability Claim Tops $24,000N6 | Conning: Insurers’ Financials Strong, Despite Price...
Aug 21 2008 // Primary and excess property insuranceContractors: Primary and excess liability coverage for general contractors, subcontractors and all construction trades for construction, building, demolition or renovation. Also Owners...
Aug 21 2008 // Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act signed by Gov. Ed Rendell.The law, which was spurred by the...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions...
Aug 21 2008 // New York Insurance Superintendent Eric Dinallo said a revival of the defunct New York Insurance Exchange could happen as early as next year.Dinallo said the next 18 months was a “realistic horizon” to revive...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions...
Aug 21 2008 // W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley...
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options.The savvy wholesale broker keeps tabs on which surplus lines insurers have the appropriate capacity for In the midst...
Aug 19 2008 // Insurance Specialty Group LLC has completed its acquisition and merger with E.L.M. Insurance Brokers Inc. of El Segundo, Calif. The company said the combined company will be a “$150 million marketing...