All the headlines from our Excess Surplus Topic Page, ordered by recency.
Nov 20 2006 // Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the...
Nov 20 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Nov 20 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 20 2006 // H.R. 5637, the Nonadmitted and Reinsurance Reform Act, would:— Give sole regulatory and enforcement authority to the insured’s home state for the placement of surplus lines/nonadmitted insurance; — Create...
Nov 20 2006 // When it comes to today’s excess and surplus lines brokers, retail agents have a choice of several modelsMuch is said about retail agents having to change with the times and stand out from the crowd to survive. But...
Nov 19 2006 // Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the...
Nov 19 2006 // N1048 Understanding D&Orisks for nonprofitsLeaders’ duties are similar to those of for profit entities52Always problematic, Texas coastal insurance market hardensIIAT survey shows market is tighter, more expensive
Nov 19 2006 // Good people can make or break a company. In San Diego-based Barney & Barney’s case, it’s clearly made it; the company has been in business for nearly a century, thanks to people who have invested their...
Nov 19 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 19 2006 // Much is said about retail agents having to change with the times and stand out from the crowd to survive. But what about wholesalers?Wholesale brokers are also trying to differentiate themselves, hoping retail agents will...
Nov 15 2006 // Chicago, Illinois and Salt Lake City, Utah – Jeffrey P. Leman recently joined Prime Holdings Insurance Services (“Prime”) to hold the position of Chief Operating Officer.Mr. Leman’s achievements...
Nov 13 2006 // A decision by Justice Langley, of the High Court in London, has dismissed a class-action lawsuit brought by Lloyd’s “Names”, individual investors, against the British government for the financial losses...
Nov 9 2006 // A bulletin on the Lloyd’s Website (www.lloyds.com) announced that its underwriters are “to provide the capacity for what is believed to be a world first for shipowners. The policy, Seacure60 is a cancellation...
Nov 8 2006 // San Antonio, Texas-based Argonaut Group Inc. announced that Dale H. Pilkington, who currently serves as president of its Colony Group operating subsidiary, has been appointed president of Argonaut Group’s Excess and...
Nov 7 2006 // Julian James, Lloyd’s Director Worldwide Markets, told delegates at the PCI Conference in Seattle that, despite the industry’s “current good fortune, I could make a strong case that we are still standing...
Nov 6 2006 // Insurance producers, follow the money. It’s going into collector vehicles of all makes, models and years.Here are three facts to illustrate. 1) Collectors spend money — lots of it — to buy and restore...
Nov 2 2006 // Dallas, Texas-based MarketScout, the eInsurance Exchange, has been approved as a Lloyd’s Coverholder. The approval process requires an extensive examination of the candidate’s underwriting capabilities,...
Nov 2 2006 // Administrators for the Professions of Delaware Inc. introduced a new market for law firms with one to 15 attorneys that have disciplinary or frequency/severity issues. Firms performing high risk areas of practice (e.g.,...
Nov 1 2006 // Lloyd’s has released the second installment of its “360 Climate Change” series, entitled “What next for climate change?” Last June it published the first installment, entitled “Climate...
Oct 30 2006 // The Boards of Directors of Catlin Group Limited and Wellington Underwriting Plc have agreed on the terms of a recommended Offer to be made by Catlin for the whole of the issued and to be issued share capital of Wellington....