Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

AVRECO’s Deiss Voted Chairperson of Lloyd’s Brokers

Nov 15 2005 // The Association of Lloyd’s Brokers has named Linda Deiss, vice president and underwriting manager of AVRECO, chairperson of the association. Deiss will serve for one year, with appointment to the board for three...

Specialty Underwriters Report Q3 Loss

Nov 11 2005 // Specialty Underwriters’ Alliance, Inc. today reported a net loss of $4.8 million for the quarter ended Sept. 30, 2005. Total revenues were $9.1 million, comprised of earned insurance premiums of $8.2 million and...

Lloyd’s Receives Approval for Chinese Reinsurance Operation

Nov 10 2005 // Lloyd’s announced that it has been given the green light to establish an on-shore reinsurance operation in China.“The on-shore license will give Lloyd’s an important strategic foothold in one of the...

Disaster Claims and the Ripple Effect

Nov 7 2005 // Hurricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...

International Newsbriefs

Nov 7 2005 // Asian Quake Death Toll Over 50,000: The 7.6 magnitude earthquake that struck near Muzaffarabad in Pakistan-administered Kashmir on Oct. 8 killed over 50,000 people in the country. Another 1,400 died on the Indian side of...

How to Write the Diverse Business of Lawyers Professional Liability

Nov 7 2005 // Managing the risk of lawsuits against lawyers.With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale...

To submit a People and Places announcement, e-mail ptom@insurance journal.com

Nov 6 2005 // ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president...

How to Write the Diverse Business of Lawyers Professional Liability

Nov 6 2005 // Managing the risk of lawsuits against lawyers.With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale...

News Briefs

Nov 6 2005 // Asian Quake Death Toll Over 50,000: The 7.6 magnitude earthquake that struck near Muzaffarabad in Pakistan-administered Kashmir on Oct. 8 killed over 50,000 people in the country. Another 1,400 died on the Indian side of...

Professional liability ripples

Nov 6 2005 // urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...

Mitchell, Gray Join Specialty Risk Associates in Shreveport

Nov 2 2005 // Shreveport, La.-based Specialty Risk Associates Inc. announced that Kelli Mitchell and Carolyn Gray have joined the firm as commercial line underwriters. Mitchell will be working at the new headquarters building on Fern...

Specialty Risk Services Adds Director of Fraud Management

Oct 25 2005 // Specialty Risk Services LLC, a third-party property-casualty third administrator for workers’ compensation and general liability claims, has appointed Timothy Barry to director of Special Investigative Unit and Fraud...

Lamparelli Joins E&S Broker Connecticut Underwriters

Oct 24 2005 // Nick Lamparelli recently joined Connecticut Underwriters, Inc. and will be based out of the firm’s Portsmouth, New Hampshire office. Lamparelli joins the firm as a commercial lines underwriter. He will focus on new...

HCC Holdings Buys Lloyd’s Syndicate Manager Illium

Oct 24 2005 // Houston-based HCC Insurance Holdings, Inc. is purchasing the remaining 80 percent that it does not already own in U.K.- based holding company, Illium Insurance Group Ltd.Illium, which commenced operations in 2004, is the...

Prettejohn Stresses Underwriting Discipline, Reforms in Keynote Speech to ACORD Forum

Oct 21 2005 // Lloyd’s CEO Nick Prettejohn, in what may be his last major address as Lloyd’s CEO (See IJ Web site Oct. 17 and 18), told those assembled for the ACORD Forum in London that underwriting discipline continues to...

Lloyd’s Note on Prettejohn

Oct 18 2005 // In a brief announcement Lloyd’s acknowledged the announcement by the U.K.’s Prudential Plc that CEO Nick Prettejohn will leave his post at the end of the year to become chief executive of the company’s...

Oct 17 2005 // Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and...

IJ Publisher, Dickinson Receive NAPSLO’s Dana Roehrig Award

Oct 17 2005 // The National Association of Surplus Lines Offices awarded the Dana Roehrig Award, an annual honor given to association volunteers, to Insurance Journal’s Publisher Mark Wells and Marti Dickinson of All Risks...

Surplus Lines Industry Discusses Life After the Storm

Oct 17 2005 // NAPSLO 2005 ANNUAL CONVENTION:With more than 3,200 people in attendance, the National Association of Professional Surplus Lines Offices’ annual convention convened in San Francisco, Calif., last month to address the...

Skywire Software Rolls Out Policyware for MGAs, E&S Brokers

Oct 13 2005 // Frisco, Texas-based Skywire Software, a diversified software company with a concentration on the insurance industry, announced the launch of Policyware, a centralized, Web-based agency management system designed...