All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 24 2006 // Strong Financials, Operating Performance gets thumbs up from Standard & PoorDALLAS, TEXAS – Standard and Poor’s Ratings Services affirmed its “A” financial strength ratings on Unitrin’s...
Apr 21 2006 // NAS Insurance Services Inc. has a new excess coverage program as part of its E&S property facility.The program features a maximum limit of $5 million, a minimum premium of $2,500 and a minimum deductible of $2,500....
Apr 20 2006 // Cincinnati-based The Midland Company, a provider of specialty insurance products and services, announced record results for the first quarter ending March 31, 2006, according to a written statement issued this week.The...
Apr 19 2006 // A note on the Lloyd’s Website (www.lloyds.com) describes a new initiative from global broker Marsh, which offers a “new range of products covering celebrities and those working behind the scenes in TV, film,...
Apr 18 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to ISO and the Property Casualty Insurers Association of America (PCI). Sound...
Apr 17 2006 // Western Security Surplus Insurance Brokers Inc., Pasadena, Calif., has added Tony March to its underwriting staff as broker. March began his insurance career in 1988 at The Sullivan Group in Seattle as junior underwriter...
Apr 17 2006 // PeopleConroe, Texas-based managing general agency and wholesale insurance broker Surplus Inc. announced key promotions within its management team. Debra Bowers was promoted to executive vice president. Bowers has 25 years...
Apr 17 2006 // Editor’s note: This is the second article in a series on Western insurance associations. Part I of this article appeared in the April 3, 2006, western region publication beginning on page 47.As people migrate to the...
Apr 17 2006 // PeoplePacific Specialty Insurance Co., Menlo Park, Calif., promoted Tim Summers to chief operating officer. Summers will continue his duties as executive vice-president and corporate secretary, overseeing the product...
Apr 17 2006 // The Arizona Department of Insurance has established new civil penalties if a surplus lines broker fails to remit the surplus lines tax provided for by state statute 20-416 based on the amount of tax overdue.According to...
Apr 14 2006 // With Spring meetings of the Florida Legislature coming to an end in Tallahassee in May, the Florida Insurance Council has summarized insurance-related bills now being considered in the House and Senate. Sam Miller,...
Apr 7 2006 // Encino, Calif.-based NAS Insurance Services Inc. has a new excess coverage program for its Excess and Surplus Property facility. Perils include basic, broad and special forms. The program features a $1 million minimum...
Apr 6 2006 // The Arizona Department of Insurance has established new civil penalties if a surplus lines broker fails to remit the surplus lines tax provided for by state statute 20-416 based on the amount of tax overdue.According to...
Apr 6 2006 // As the old saying goes, “Hope for the best, but prepare for the worst.” While Lloyd’s 2005 £103 million ($180.6 million) loss estimate may not be the absolute best, it’s certainly a lot better than...
Apr 6 2006 // The Optional Federal Charter legislation, introduced in the U.S. Senate on Wednesday, does not address the premium tax remittance and licensing concerns of the surplus lines industry, according to the National Association...
Apr 5 2006 // Tower Group, Inc. in New York has entered into a strategic relationship with CastlePoint Holdings, Ltd.,a Bermuda-based holding company that it has sponsored.The move gives Tower reinsurance backing, additional...
Apr 4 2006 // JLT Risk Solutions Ltd;, part of London-based global broker Jardine Lloyd Thompson Group plc, announced a significantly expanded insurance program within the Lloyd’s of London market “to provide security and...
Apr 4 2006 // For centuries mankind dreamed of being able to fly. The Wright brothers may not have envisioned jet aircraft, let alone cattle car class, but they did initiate powered flight over 100 years ago. So with that mission...
Apr 3 2006 // Directors and officers liability insurance average premium continued to decline in 2005, dropping by 9 percent last year after a 10 percent decline in 2004, according to the “D&O Liability 2005 Survey on Claims...
Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...