All the headlines from our Excess Surplus Topic Page, ordered by recency.
Mar 6 2006 // According to Lloyd’s newly released annual underwriter survey, managing the “boom and bust” insurance cycle remains the most important challenge facing the global industry for the second year running. The...
Mar 1 2006 // Following last week’s World Insurance Forum in Bermuda, Lloyd’s chairman Lord Peter Levene undertook to give his answers to some important questions in a Q&A format on the Lloyd’s Website...
Mar 1 2006 // Lloyd’s announced that it has honored Garry Edwards of Hilb Rogal & Hobbs as U.S. Surplus Lines Broker of the Year and William H. Eyre, Jr. of Towers Perrin as Reinsurance Broker of the Year, “for their...
Feb 27 2006 // In a recently issued bulletin Lloyd’s said it has “reaffirmed its position as the world’s leading specialist insurer with new figures that reveal the global spread of its business in 2005.”According...
Feb 27 2006 // The AIG Companies have formed AIG Specialty Excess, an umbrella and excess casualty underwriting unit that the company says will concentrate on insuring specialty and difficult-to-place classes of business including...
Feb 22 2006 // According to Lloyd’s newly released annual underwriter survey, “managing the insurance cycle as the most important challenge facing the global industry for the second year running.” The survey also found...
Feb 20 2006 // A law eliminating the surplus lines bond that Texas surplus agents formerly had to carry became effective Jan. 1, 2006, the Surplus Lines Stamping Office of Texas (SLSOT) has reported. The Texas Legislature in 2005 passed...
Feb 20 2006 // The Surplus Line Association of California’s (SLA) elected new officers at its Annual Meeting held in Northern California on Jan. 24 and in Southern California on Jan. 26, 2006. New officers include: chairman –...
Feb 20 2006 // Excess and surplus lines experts expect to see steady premium growth in 2006, with commercial property and contractors business leading the way, according to an exclusive Insurance Journal survey.Nearly 85% of survey...
Feb 20 2006 // More than three-quarters (77%) of wholesalers and brokers said that firm salaries increased in 2005 compared to 2004. Nearly half (49%) of all E & S firms answering Insurance Journal’s survey reported paying...
Feb 19 2006 // More than three-quarters (77%) of wholesalers and brokers said that firm salaries increased in 2005 compared to 2004. Nearly half (49%) of all E&S firms ansering Insurance Journal’s survey reported paying their...
Feb 19 2006 // Excess and surplus lines wholesalers see a steady wave of growth in 2006Excess and surplus lines experts expect to see steady premium growth in 2006, with commercial property and contractors business leading the way,...
Feb 16 2006 // CNA Financial Corporation reported fourth quarter of 2005 results, which included the following items:* Net loss for the fourth quarter of 2005 of $217 million as compared with net income of $303 million for the same...
Feb 15 2006 // At its meeting today, Feb. 15, the Council of Lloyd’s announced the following appointments: – Lord Levene was re-appointed as Chairman of Lloyd’s; – Bronek Masojada, Chief Executive of Hiscox, was...
Feb 15 2006 // Specialty broker Ames & Gough announced the election of Dan Knise as its new president and CEO.Knise was elected at the firm’s annual Board meeting after joining the firm as an equity partner in their McLean,...
Feb 15 2006 // The Navigators Group Inc. reported net income of $15,310,000 or $0.96 per share for the 2005 fourth quarter based on 16,012,000 diluted shares compared to net income of $10,635,000 or $0.84 per share for the 2004 fourth...
Feb 14 2006 // Agency Specialty Product Network has joined with LifeSource – a BISYS Company to provide independent property and casualty agents and brokers a “virtual” life insurance department to enhance sales,...
Feb 10 2006 // Network E&S Insurance Brokers LLC, a California-based wholesale broker, reported that Michael Moraitis has joined Network E&S Insurance Brokers, as a vice president – Casualty Broker in the Calabasas...
Feb 8 2006 // Shreveport, La.-based Specialty Risk Associates announced that Amber McLin has joined the company as an underwriter at the Baton Rouge branch. She comes to Specialty Risk from a wholesale brokerage firm where she was an...
Feb 8 2006 // The Piracy Reporting Centre at the International Maritime Bureau (IMB) has issued a new report that identifies a number of “piracy hot spots” that have “emerged over the past 12 months” where...