Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

Defining ‘Professional Services’ For Specialty Policies Not Always Easy

May 5 2008 // Professional services” can have connotations ranging from racy “professional” call girls to the more mundane accountants, doctors, lawyers and engineers. From an insurance perspective, liability arising...

Match-making: What Retail Agents Want From Wholesalers and MGAs

May 5 2008 // Like the love-lorn users of match.com, independent agents hunting for business partners among surplus lines wholesalers and managing general agents are thinking long-term, not short.They are looking for partners who will...

ISG’s Pacific Wholesale to Acquire E.L.M. Insurance Brokers

May 2 2008 // Insurance Specialty Group LLC, parent of Atlanta, Ga.-based Pacific Wholesale Insurance Brokers (Pacific Wholesale) entered into definitive agreements to acquire and merge with El Segundo, Calif.-based E.L.M. Insurance...

Ironshore Approved as E&S Insurer in New York

Apr 28 2008 // The Excess Line Association of New York has approved Ironshore Insurance Ltd. as an eligible excess and surplus lines insurer in the Empire State. Ironshore – a Hamilton, Bermuda-based specialty insurer with roughly...

Lloyd’s Lord Levene’s L.A. Speech Lauds London

Apr 28 2008 // Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit...

Surplus Lines Association Launches Employment Web Site

Apr 23 2008 // The National Association of Professional Surplus Lines Offices has launched a new online job center to help students and young professionals find employment opportunities in the surplus lines insurance...

American E&S Appoints Broker in Vacaville, California

Apr 22 2008 // Carole Brown has rejoined American E&S Insurance Brokers as vice president and financial services broker. She will be working in the Vacaville, Calif., branch and has more 15 years experience specializing in directors...

Lowery Named to Head Lloyd’s North America

Apr 22 2008 // Lloyd’s announced the appointment of LoriAnn Lowery as its new President, North America. She will report directly to Director, Market Operations and North America Sue Langley, in London.Lowery “will be...

Maxum Specialty Names Turner as President and CEO

Apr 22 2008 // Maxum Specialty Insurance Group, based in Duluth, Ga., appointed F. Marshall Turner, II, as the president and CEO of Maxum Indemnity Co. and Maxum Casualty Insurance Co. His appointment is effective May 5, 2008.Turner will...

Professional Services: Do You Know Them When You See Them?

Apr 21 2008 // “Professional services” can have many different connotations, ranging from racy “professional” call girls, a subject recently in the headlines and on the Internet due to various political scandals,...

World’s Weather as a Deranged Pinball Machine?

Apr 21 2008 // The 10th edition of the European Insurance Forum (EIF), held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management Association (DIMA) April 7-8, focused on some major issues of...

Prognosis Good in Medical Professional Liability Market

Apr 21 2008 // Tort reform efforts seem to be working, frequency of claims for medical liability is going down, surplus is up and reinsurance capital is available — and, yes, it is a soft market. Those comments reflect the...

Lloyd’s Warns on Europe Quake Risks

Apr 18 2008 // The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site –...

Lloyd’s Authorized as Brazil Reinsurer

Apr 18 2008 // Lloyd’s has received approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in Brazil. Lloyd’s announced that it had applied for the license in February (See IJ...

Lloyd’s Braces for U.S. Hurricanes

Apr 17 2008 // Lloyd’s insurers with exposures on the US East Coast have been told to brace themselves for an above average storm season, with as many as eight hurricanes tearing through the Atlantic.In an article on its web site...

American E&S Insurance Brokers Adds Fabricant as Broker

Apr 16 2008 // Steven Fabricant, a 16-year industry veteran, will join American E&S Insurance Brokers‘ San Francisco branch. Most recently with AmWINS in San Francisco, Fabricant’s book of business has included all types...

Lloyd’s Analyzes Europe’s Windstorms

Apr 16 2008 // “Winter storms in Europe are like London buses,” says an article on the Lloyd’s web site (www.lloyds.com) – “You don’t see any for a while and then along come two or three, one behind...

Lloyd’s Comments on Impact of UK’s Corporate Manslaughter Act

Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...

Excess Workers’ Comp Program for Non-subscribers Launched in Texas

Apr 11 2008 // Safety National Casualty Corp., a Missouri-based provider of excess workers’ compensation insurance, has launched a new program for non-subscriber employers in Texas. This new program, TExcess, provides excess...

Lloyd’s Finds 25 New Risks for Industry to Worry About

Apr 10 2008 // As if the insurance industry didn’t already have a heaping plate full of risks, Lloyd’s has summarized the results of a scientific conference and added 25 more.An article on its web site (www.lloyds.com)...