All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 10 2006 // N128 Texas commissioner allows windstorm rate hikeAlthough welcome, some think it’s not enough10Judge says water may be covered in New Orleans canal caseAmbiguities in policies may open the door
Dec 10 2006 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas,...
Dec 10 2006 // PeopleThe Texas Surplus Lines Association Inc. announced the election of the following officers and directors: President Len Kaplan, executive vice president and CFO, Delta General Agency, Houston; Vice President Lana...
Dec 10 2006 // Colorado has implemented new procedure changes for surplus lines brokers.Beginning Jan. 1, 2007, surplus lines brokers in Colorado will need to report their monthly policy and endorsement transactions directly to the...
Dec 10 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America named Deirdre Manna, former acting director of the Illinois Division of Insurance, vice president of industry and regulatory affairs. Manna will...
Dec 8 2006 // A.M. Best Co. has affirmed its Syndicate Ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623 and Lloyd’s Syndicate 623, managed by the...
Dec 7 2006 // Louisiana’s budget has been boosted by $1.6 billion, money lawmakers can spend in a special session scheduled to start Dec. 8. But the Senate president blocked attempts to enrich financial forecasts by another $827...
Dec 6 2006 // (Clearwater, FL and Richmond, VA) …Robert M. Bryant, President, and Martin H. Kanipe, Executive Vice President of Atlantic Specialty Lines of Florida, Inc. (ASL – FL) and Paula Ross, Executive Vice President, Gary...
Dec 6 2006 // Expected health insurance premium increases of between 8 and 13 percent in Massachusetts are being driven more than ever by the costs of expensive specialty drugs, according to officials from some of the state’s...
Dec 5 2006 // Atlantic Specialty Lines of Florida, Inc. has acquired the assets of Gary Markel Surplus Lines Brokerage, Inc.ASL-FL is a member of the Atlantic Specialty Lines, Inc. group of companies with offices in Virginia, Illinois,...
Dec 4 2006 // Pennsylvania’s highest court has breathed new life into lawsuits that ask the state’s four nonprofit Blue Cross and Blue Shield insurers to use some of their cash surpluses to lower health-insurance...
Dec 1 2006 // ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
Nov 30 2006 // Indemnity Excess & Surplus Agency based in Beaverton, Oregon is helping its retail agents protect their clients with coverage designed to address most of the exposures associated with identity theft. Corporate...
Nov 30 2006 // Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
Nov 29 2006 // Unitrin Specialty investigator reminds shoppers to use common senseThe gifts you’ve spent hours shopping for could be gone in under 15 seconds if you’re in too much of a rush this holiday season. You can make...
Nov 29 2006 // Colorado has implemented new procedure changes for surplus lines brokers. Beginning Jan. 1, 2007, surplus lines brokers in Colorado will need to report their monthly policy and endorsement transactions directly to the...
Nov 28 2006 // The Excess/Surplus Lines Claims Association has announced its new officers and directors. Newly elected officers include President Catherine Kalaydjian, who is executive vice president and head of claims for Endurance...
Nov 22 2006 // A number of Lloyd’s leading claims experts have come out in support of CEO Richard Ward’s call for the London market to start processing claims electronically as soon as possible.An article on the Lloyd’s...
Nov 22 2006 // The Texas Surplus Lines Association Inc. announced the election of the following officers and directors at the organizations 50th annual meeting held Nov. 13, 2006, at the Four Seasons Hotel in Austin, Texas:President Len...
Nov 21 2006 // Monarch E&S Insurance Services of La Crescenta, Calif., has appointed Wayne E. Bernstein director of professional lines. He will develop and head up the company’s Executive Liability and Professional Liability...