All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jul 23 2008 // Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies.The Excess Line Association of New York has proposed adding dozens of...
Jul 22 2008 // Paul McCulloch joined American E&S Insurance Brokers as senior vice president and broker in its Nashville, Tenn. office. McCulloch will focus on building national programs and facilities. With more than 20 years in...
Jul 22 2008 // West Chester, Pa.-based Venture Insurance Programs, a national program administrator, recently named Michael Rogers as executive vice president and managing director of a new specialty property unit. Rogers will establish...
Jul 21 2008 // In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them obtain the best-possible catastrophe coverage for their clients.Following the 2005...
Jul 16 2008 // Lana Parks says her managing general agency, The Parks Group, bought a new computer system after a fellow member of the Texas Surplus Lines Association shared with her their experience and knowledge of the system....
Jul 15 2008 // Florida Gov. Charlie Crist met with Lord Levene, the chairman of Lloyd’s of London, to discuss reinsurance issues in Florida, as well as Lloyd’s climate change initiatives.The meeting took place during the Team...
Jul 15 2008 // Meadowbrook Insurance Group, Inc., a specialty property and casualty insurance holding company based in Southfield, Mich., and ProCentury Corporation, a Columbus, Ohio-based specialty property and casualty insurance...
Jul 14 2008 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Co. (China) Limited.A.M. Best said it believes...
Jul 8 2008 // Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act that Gov. Rendell signed into law on July 4.The law, which was...
Jul 8 2008 // TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its products and proprietary quoting and binding process to retail agents in Delaware and New...
Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer.As president, Crowley has been responsible for HRH’s retail operations. In the...
Jul 3 2008 // Monarch E&S Insurance Services promoted Mark Kaufman to the position of chief operating officer. The company said the position is commensurate with the duties he has been taking on over the past year. He will be...
Jul 3 2008 // July 3 2008 – Unitrin Specialty and Red Shield Insurance Company announced today that the two companies have formed a marketing relationship that will benefit both company’s appointed agents in Oregon and...
Jul 2 2008 // BISYS Specialty Programs, a division of BISYS Commercial Insurance Services, has changed its name to Five Star Specialty Programs, a division of Crump Insurance Services, Inc.The change is part of the consolidation of its...
Jul 2 2008 // Chicago-based Specialty Underwriters’ Alliance, Inc. (SUAI) today announced that it has responded to a letter, dated July 1, 2008, from Hallmark Financial Services, Inc. (“Hallmark”) in which Hallmark...
Jul 2 2008 // American E&S Insurance Brokers’ San Francisco branch appointed Chip Stewart a broker. Stewart is an industry veteran with more than 20 years experience. Most recently, he was with Swett & Crawford, where he...
Jul 2 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit rating on Markel Corp. to ‘BBB’ from ‘BBB-‘ and affirmed a stable. S&P said: “The upgrade is based on...
Jul 1 2008 // Ironshore Inc. announced from Bermuda that it has signed a sale and purchase agreement with Chaucer Holdings PLC and the management of Pembroke for the £17 million ($34 million) cash purchase of Pembroke Managing...
Jul 1 2008 // It appears the “rogue” trading in the investment banking industry may not be an isolated problem. After Jerome Kerviel cost French bank Société Générale to book some $5 billion in losses, Morgan Stanley...
Jul 1 2008 // Fort Worth Texas-based Hallmark Financial Services, Inc. today reaffirmed its proposal to acquire all of the outstanding stock of Chicago-based Specialty Underwriters’ Alliance Inc. (SUAI).Hallmark submitted a...