All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 7 2007 //
Feb 5 2007 // “A quarter of all premium transactions in the London market are expected to be handled electronically by the end of the month,” said a recent bulletin on the Lloyd’s web site (www.llloyds.com).The...
Feb 5 2007 // Axiom Specialty Insurance Services based in Victorville, Calif., has a new E&S market for small and medium commercial package available in California. The market will enable the company to offer property, general...
Feb 2 2007 // The members of the Surplus Line Association of California (SLA) unanimously elected Ceil Norton as their Chairman during the SLA Annual meeting held Jan. 23 in San Francisco and Jan. 25 in Beverly Hills, Calif.Norton is...
Jan 31 2007 // The Surplus Line Association of California (SLA) has released its analysis of annual filed premium, which indicates that $6.02 billion in California surplus line insurance premiums were processed in calendar year 2006. The...
Jan 31 2007 // National Association Professional Surplus Lines Offices is urging members of the House Financial Services Committee and Senate Committee on Banking, Housing and Urban Affairs to enact the surplus lines and reinsurance...
Jan 29 2007 // Standard & Poor’s Ratings Services reported that it has preliminarily reviewed its Lloyd’s Syndicate Assessment (LSA) coverage for 2007. S&P said it will “undertake a full review of the LSAs...
Jan 29 2007 // BA International Underwriters Ltd, a wholly-owned subsidiary of Banc of America Insurance Group, in conjunction with Lloyd’s of London, has established the Pembrace Casualty Insurance Syndicate to expand Bank of...
Jan 29 2007 // Agents should know that coverage is often overlooked because most general policies exclude vessels and boatsHow big is the United States ocean marine marketplace? The U.S. ocean marine market is quite large and diverse;...
Jan 29 2007 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based...
Jan 28 2007 // N182007 Excess, Surplus & Specialty Market Directory, Vol. 1 132Coping with catastropheTen things agents and brokers can do to help clients obtain adequate cat coverage
Jan 28 2007 // PeopleCitizens Property Insurance Corp.’s board of governors voted unanimously to recommend interim President Scott Wallace be appointed to the post permanently. Wallace was selected from more than 70 candidates by a...
Jan 28 2007 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based...
Jan 28 2007 // U.S. has second-highest level of satisfaction9 Calif. Commissioner Poizner sworn in Vows to keep office independent, nonpartisan10 Calif. declares claims emergencyFreezing temperatures create citrus losses12 Biggest U.S....
Jan 28 2007 // This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955.News Currents The numbers, or estimates, for the property casualty...
Jan 28 2007 // Long Island insurer reborn as stock insurer8 Delaware agents groups to merge Group will be both Big ‘I’ and PIA8 Mass. Diocese gives files to insurersInsurers may review handling of abuse cases10 Royal &...
Jan 28 2007 // Judge criticizes state Workers’ Compensation Commission10 Accused of insurance fraud, La. police officer resigns Change in accident report at issue10 La. Citizens gets nod to raise ratesStatewide average commercial...
Jan 26 2007 // Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit...
Jan 26 2007 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 570, which is managed by Atrium Underwriters Limited,...
Jan 26 2007 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters...