All the headlines from our Excess Surplus Topic Page, ordered by recency.
Mar 10 2006 // Lloyd’s Chairman Lord Peter Levene may finally get his wish, as U.S. insurance regulators have instructed a National Association of Insurance Commissioners (NAIC) task force to examine options for a reform of the...
Mar 10 2006 // The U.K.’s Catlin Group reported from its Bermuda operations center that Richard Banas has been appointed as president and CEO of Catlin Inc., the Group’s new U.S. subsidiary.“Rich Banas will be...
Mar 9 2006 // QueryPlus is a reporting tool that reads every database you operate on your LAN/WAN simultaneously and in real time. Regardless of location or size of your database! QualCorp, Inc., located in booth number 24, will have a...
Mar 8 2006 // Germany’s Hannover Re has announced a fundamental restructuring its U.S. primary insurance business. “All specialty business – henceforth the strategic focus – is to be transferred to the newly...
Mar 8 2006 // Lynwood “Lynn” Roach has been named vice president and program manager, to head the new towing and recovery program just announced by BISYS Specialty Programs in Melbourne, Fla. Roach is working from a...
Mar 7 2006 // Lloyd’s has selected Richard Ward, former head of the London-based International Petroleum Exchange (IPE) as its new CEO.Announcing the appointment, Lloyd’s Chairman Lord Peter Levene commented: “I am...
Mar 7 2006 // Environmental Insurance Program Manager, Freberg Environmental, Inc. (FEI) has launched an excess automobile liability program with an A.M. Best rated “A VIII” domestic insurance company. The excess auto...
Mar 7 2006 // M.E. James Surplus Lines Insurance Brokerage Inc. has hired Scott Chang as an underwriter in the new Los Angeles-based office. Chang began his insurance career in 1989 at Singer Insurance, an managing general agent in...
Mar 6 2006 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 1225 (United Kingdom), which is managed by AEGIS Managing Agency...
Mar 6 2006 // American International Group Inc. announced that its AIG Companies terminated the agency relationship with Starr Technical Risks Agency Inc. and its subsidiaries (Starr Tech), insurance agencies owned by C.V. Starr &...
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...