All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 3 2007 // Connecticut Governor M. Jodi Rell is naming a claims administration executive, Thomas R. Sullivan, to be the state’s insurance commissioner, replacing Susan Cogswell who is stepping down from the top regulatory post...
Apr 2 2007 // A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) and the issuer credit ratings of “a” of Bermuda-based Catlin Insurance Company Ltd. (CICL) and the UK-based Catlin...
Apr 2 2007 // Concurrent with its rating announcements concerning the Catlin Group (See related article), A.M. Best Co. affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a”...
Apr 2 2007 // A.M. Best Co. announced that it has reviewed all of its ratings on a number of Lloyd’s Syndicates, following the affirmation of Lloyd’s financial strength rating (FSR) of “A” (Excellent) and issuer...
Mar 30 2007 // National Specialty Underwriters, Inc. (NSU) has announced the hiring of Dianne O’Donnell as sales executive, and Meghan Hamilton as account manager for NSU Healthcare, a division of the company that specializes in...
Mar 30 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Lloyd’s of London, and the ICR of “a-” of the Society...
Mar 30 2007 // The Derek Hughes/NAPSLO Educational Foundation announced that senior managers of Hull & Company, Inc., in conjunction with Brown & Brown, Inc., have established an insurance educational scholarship in the name of...
Mar 29 2007 // What a difference a year makes. Lloyd’s has just announced pretax profits for 2006 of £3.662 billion ($7.2 billion) compared to the £103 million ($202 million) loss figure posted in 2005.Lloyd’s also posted a...
Mar 29 2007 // Even before it announced record profits (see related article) Lloyd’s received good news from Fitch Ratings, who announced that it has upgraded Lloyd’s Insurer Financial Strength (IFS) rating by one notch to...
Mar 28 2007 // The current state of the surplus lines industry and its carriers will be the focus of the major program at the 2007 Western States Surplus Lines Conference, set for June 19-23 in Scottsdale, Ariz., at the Hyatt Regency...
Mar 28 2007 // The Derek Hughes/National Association of Professional Surplus Lines Offices (NAPSLO) Educational Foundation announced two new educational scholarships will be offered in honor of two industry professionals.Kurt Bingeman, a...
Mar 28 2007 // Specialty Risk Associates Inc., based in Shreveport, La., has added two new employees to its team, Kathleen Suhy and David Wood. Kathleen Suhy joined the company as a personal lines underwriter. Suhy previously worked for...
Mar 27 2007 // Lloyd’s and the London markets are about to launch a new campaign “to encourage the brightest young talent in the marine market to play a role in shaping its future.”The Lloyd’s Market Association...
Mar 27 2007 // Bermuda-based Max Re Capital Ltd. announced that it has received regulatory approval from the Delaware Department of Insurance to acquire a U.S.-based excess and surplus lines company.Max Re (which is also in the process...
Mar 26 2007 // Squelching frequent misconceptions of this valuable protection.In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However,...
Mar 26 2007 // Louisiana Workers’ Compensation Corporation (LWCC) hired William B. Bangs IV as vice president of agency relations. In this position, Bangs will plan, direct and coordinate agency relations with insurance agents...
Mar 26 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
Mar 26 2007 // Editor’s note: Although this article is geared toward California surplus line brokers, with small variations the same advice may be of help to surplus line and retail brokers in other states.Surplus line brokers...
Mar 26 2007 // Florida’s wealthy residents have a new personal lines insurer promising to save them money on premiums.The company will sell property/casualty insurance for high value homes, cars, jewelry, art, and personal excess...
Mar 26 2007 // Editor’s note: Although this article is geared toward California surplus line brokers, with small variations the same advice may be of help to surplus line and retail brokers in other states.Surplus line brokers...