All the headlines from our Excess Surplus Topic Page, ordered by recency.
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...
Jan 19 2007 // Gordon Brown, The UK’s Chancellor of the Exchequer (Finance Minister) and odds-on favorite to succeed Tony Blair as Prime Minister, has apparently come away with some success during his working visit to...
Jan 18 2007 // Bermuda’s AXIS Capital has announced a strategic reorganization “to further strengthen the global operations of AXIS Insurance,” starting with the appointment of Dennis Reding, currently that...
Jan 15 2007 // Markel Underwriting Managers, Inc.’s (MUM) Environmental Division has released a new excess product.The Follow Form Excess product (FFE) will be considered when writing over accounts where MUM’s Environmental...
Jan 15 2007 // The casino magnate who accidentally poked a hole in a Picasso painting said insurer Lloyd’s of London has offered to settle his $54 million claim of lost value, but the talks aren’t going the way he’d...
Jan 15 2007 // Lloyd’s has announced that Julian James, its director of Worldwide Markets, will be leaving at the end of April to join Lockton International.Lloyd’s CEO Richard Ward, issued a written statement, distributed by...
Jan 15 2007 // A.M. Best Co. has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a” of Lloyd’s Syndicate 2007 (formerly known as Lloyd’s Syndicate 2147), managed by...
Jan 12 2007 // Insurers must address global climate change as they cope with the growing cost of extreme natural disasters, said Lord Peter Levene, chairman of Lloyd’s, the London insurance market.“We cannot risk being in...
Jan 12 2007 // Chciago-based Specialty Underwriters’ Alliance, Inc. announced recently that it amended its Partner Agent Program Agreement with Appalachian Underwriters, Inc. (AUI) to include small employers workers’...
Jan 10 2007 // Tony Markel, president and COO of Markel Corporation, has expressed his satisfaction at the progress Lloyd’s has made and the London market’s current strong financial condition.In a comment on the Lloyd’s...