All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 25 2007 // News CurrentsThe numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance...
Feb 25 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
Feb 20 2007 // Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on London-based Novae – Syndicate 2007 to ‘2+’ from ‘2’ and assigned a stable...
Feb 15 2007 // Indemnity Excess & Surplus Agency has added two products to itsonline quoting facility: real estate agent errors and ommissions and condominium owner/tenant package. In addition to the new real estate agents E&O...
Feb 15 2007 // Federal legislation that would establish national standards for state regulation of the surplus lines and reinsurance markets made its second appearance into Congress today.Rep. Ginny Brown-Waite, R-Fla., and Rep. Dennis...
Feb 13 2007 // Guy Carpenter & Company, LLC, the risk and reinsurance specialist of the Marsh & McLennan Companies, has announced a number of changes to its executive leadership teams in North America, the United Kingdom and...
Feb 13 2007 // Lebanon, N.J.-based Camford National Insurance Brokers LLC, has opened as a specialty lines wholesale insurance brokerage serving property/casualty agents and brokers both nationally and internationally. Camford National...
Feb 12 2007 // There’s little doubt that the world is getting warmer. But this raises more questions. To what extent are greenhouse gasses, particularly CO2, responsible? Will the warming trend continue? Are there any effective...
Feb 11 2007 // There’s little doubt that the world is getting warmer. But this raises more questions. To what extent are greenhouse gasses, particularly CO2, responsible? Will the warming trend continue? Are there any effective...
Feb 9 2007 // Prime Holdings Insurance Services Inc. announced that its subsidiary, Prime Insurance Company has received approval to write surplus lines business in Louisiana as of Jan. 24, 2007, and Texas effective Feb. 1.Prime,...
Feb 8 2007 // Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to...
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;...