All the headlines from our Excess Surplus Topic Page, ordered by recency.
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...
Aug 19 2008 // Access E&S Insurance Services of La Mesa, Calif., has named Mike Menegus senior broker, responsible for bringing in new agents and new business with an emphasis on professional lines including errors and omissions,...
Aug 18 2008 // American E&S Insurance Brokers appointed Vivian Plein to broker after five years with the company. She will focus on general liability and property coverages. Plein has 14 years of experience in the insurance industry.
Aug 15 2008 // Standard & Poor’s Ratings Services has announced the results of its latest public information Lloyd’s Syndicate Assessment (LSA) review, which considered the 2007 syndicate financial statements and...
Aug 8 2008 // In a recent interview, published on the Lloyd’s web site (www.lloyds.com), Enrico Bertagna, Regional Manager for Europe, discussed Lloyd’s present and future plans to expand the London Market’s...
Aug 8 2008 // Chicago-based Specialty Underwriters’ Alliance, Inc. today aannounced financial results for the 2nd quarter ending June 30, 2008.Highlights include: — Net income for the second quarter of 2008 was $2.3 million,...
Aug 5 2008 // Meadowbrook Insurance Group, Inc., a specialty property and casualty insurance holding company based in Southfield, Michigan, announced today that the merger of ProCentury Corporation, a Columbus, Ohio-based specialty...
Aug 5 2008 // Insurance Specialty Group LLC and Home Buyers Warranty Corp. signed a five-year strategic alliance agreement for the marketing, underwriting and servicing of the Asset Protection Program (APP). Under the agreement, ISG...
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer.Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...
Aug 4 2008 // The people who run the Florida Surplus Lines Service Office are smack dab in the middle of the action and can see better than anyone what is going on in the Florida surplus lines market.The FSLSO collects reports on every...
Aug 4 2008 // Like trapeze artists performing without a net, surplus lines specialists operate without the backing of the state guaranty fund, which picks up the pieces for insureds if their admitted insurer goes belly-up.But some think...
Aug 4 2008 // Gary Pullen, executive director, and the staff of the Florida Surplus Line Service Office supplied answers to 10 + 1 questions posed by Insurance Journal.1. Can a Florida licensed retail or producing agent also be licensed...
Aug 4 2008 // Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck.Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the...
Aug 1 2008 // Lloyd’s announced the appointment of Eamonn Egan as its first Country Manager for Ireland. He was formerly Regional Development Manager at ACE European Group, and will be assuming his new position at Lloyd’s...
Jul 31 2008 // Clovis, CA, July 31, 2008 – Topa Insurance Company, headquartered in Los Angeles, CA is an admitted property and casualty specialty insurer writing personal lines, commercial lines and programs. Topa has partnered...
Jul 29 2008 // In an article on its web site (www.lloyds.com), Lloyd’s looks at the increasing concerns over coverage for vacant properties. “As the economy worsens it’s expected that more and more businesses will fail,...
Jul 25 2008 // Max Capital Group Ltd. reports it has agreed to acquire Imagine Group (UK) Limited, a Lloyd’s insurance operation, from Imagine Insurance Co. Limited (“Imagine”). The agreement also includes the...
Jul 24 2008 // Amlin, a leading Lloyd’s insurer, plans to open an office in Chicago. Amlin Illinois Inc, will work within the existing Lloyd’s infrastructure, utilizing the Lloyd’s licence in Illinois to write admitted...
Jul 23 2008 // A handful of Bermuda insurers see an opportunity to expand their horizons by entering the Lloyd’s of London insurance market, but their interest of late has waned as prices of potential target companies have...