All the headlines from our Excess Surplus Topic Page, ordered by recency.
May 26 2006 // Specialty insurer Praetorian Financial Group said it has agreed to acquire Alea North America Specialty Insurance Company (ANASIC), an affiliate of Alea Group Holdings (Bermuda) Ltd of Hamilton, Bermuda.ANASIC is a...
May 25 2006 // California Insurance Commissioner John Garamendi has released a new report on the profitability of homeowners and private passenger automobile insurance companies. According to the Commissioner’s office, “the...
May 25 2006 // Standard & Poor’s Ratings Services has assigned its interactive Lloyd’s Syndicate Assessment (LSA) of ‘”-” (low dependency) to U.K.-based Catlin Underwriting Agencies – Syndicate...
May 23 2006 // A little less than a month after he assumed the position of Lloyd’s CEO, Richard Ward is proving to be the kind of hands on executive Lord Levene and other Lloyd’s managers wanted.His first major initiative...
May 23 2006 // ACE USA, the U.S. based retail operating division of the ACE Group of Companies, has launched a new Excess Casualty Corporate Risk product.The ACE USA Excess Casualty Corporate Risk product offers umbrella liability...
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes.“I think 2006 is...
May 22 2006 // The hurricane insurance package passed by the Florida Legislature just before adjournment May 5 is the most significant property insurance bill since major legislation following Hurricane Andrew in the early 1990’s,...
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts.Wagner has 30 years of underwriting...
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes.“I think 2006 is...
May 17 2006 // Lloyd’s has released its official 2005 annual report. The package also contains a report from acting CEO Luke Savage, a statement from Lloyd’s Chairman Lord Peter Levene and a detailed breakdown of...
May 17 2006 // Navigators Management Company, the principal underwriting agency subsidiary of The Navigators Group Inc., has established a new Primary Casualty Division to be based in Chicago.Christopher Day has joined Navigators as...
May 16 2006 // Responding to the increasing influx of business from the Southwest and Southern California, in particular, Boston-based Liberty International Underwriters, a division of Liberty Mutual Group, has opened a Los Angeles...
May 10 2006 // NAS Insurance Services Inc., Encino, Calif., has a new floater coverage program as part of its E&S property facility. The program (Equipment Floater – Fine Arts – Transit) features a $100,000 sublimit,...
May 10 2006 // The Texas Surplus Lines Association (TSLA) will be hosting its 2006 Mid-Year Meeting July 23-26 at the Four Seasons Aviara in Carlsbad, Calif. TSLA celebrates its 50th anniversary this year.Speakers scheduled for this...
May 9 2006 // Lisa Brunelle, 43, has joined the Underwriting Department of Noodle Specialty Brokers (NSB), a division of InsuranceNoodle, as a vice president responsible for underwriting private company middle-market business. Prior to...
May 9 2006 // G.J. Sullivan Co., Orange, Calif., has announced that agents in California and Arizona can now go online to www.gjsullivan.com to rate business owners policies and commercial auto risks 24 hours per day..The online rating...
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...