Latest Excess Surplus Headlines

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

What is Finite Risk Reinsurance? A Definitive Explanation

Jun 20 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope which creates the need to re-examine this reinsurance product, but more importantly determine its role in...

People

Jun 20 2005 // Gerald O’Neill has been named NBIS vice president of underwriting. O’Neill comes to NBIS with more than 20 years of insurance experience in the brokerage and reinsurance community.O’Neill has held...

Peck Promoted to VP at Western Surplus Lines

Jun 17 2005 // Western Surplus Lines Agency Inc. in Abilene, Texas, announced that Frank Peck has been promoted to the position of vice president. Peck will be involved in the overall management operations of Western with his continued...

Sierra Specialty Insurance Services Officially Open for Business

Jun 16 2005 // Sierra Specialty Insurance Services Inc. of Fresno, California was incorporated in March of 2005 and officially opened for business earlier this month. Sierra Specialty was formed by several local insurance professionals...

St.Paul/Travelers Signs up for Lloyd’s Kinnect Platform

Jun 8 2005 // St Paul/Travelers (SPT) has become the latest Lloyd’s market insurer to pledge its support for the Kinnect electronic platform that has been in development for the last three years.The SPT division, which operates as...

Miscellaneous E&S

Jun 6 2005 // Nuts & Bolts: CRC Insurance Services, based in Atlanta, Ga., is offering a new E&S market for businesses such as cosmetics manufacturing, playground equipment distributor, skateboard ramp manufacturing,...

Ocasek Describes Stamping Office Operations at AAMGA University

Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...

Susan Kearney

Jun 6 2005 // Mark HaganGerald O’Neill Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions.Susan Kearney was appointed vice...

People

Jun 6 2005 // Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions.Susan Kearney was appointed vice president of Venture Hospitality,...

Ocasek Describes Stamping Office Operations at AAMGA University

Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...

Argonaut Group Expands with Launch of Argonaut Specialty

Jun 6 2005 // Argonaut Group Inc., headquartered in San Antonio, is expanding its commitment to the wholesale insurance market with the creation of a new company, Argonaut Specialty, which will target accounts that are somewhat larger...

People

Jun 6 2005 // Higginbotham & Associates, a privately held insurance brokerage firm based in Fort Worth, Texas, named commercial property and casualty broker Scott Fitzgerald as vice president to reflect his increased 2004 sales...

The British Are Coming! No – They’re Already Here

Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...

OneBeacon Purchases Renewal Rights for Chubb’s Hospital Professional Liability, Managed Care E&O Books

Jun 1 2005 // OneBeacon Professional Partners has purchased the renewal rights to the hospital professional liability and managed care errors & omissions books of business from Chubb Specialty Insurance (CSI). OneBeacon will renew...

Lloyd’s Kinnect Platform Wins Two ACORD Awards

May 25 2005 // Kinnect, the electronic platform develped by Lloyd’s, which securely exchanges risk data and wordings between brokers and underwriters, has won two awards from international standards body ACORD. “The platform...

Old Rhode Island’s New Pawtucket: Big Plans to Stay Small

May 23 2005 // Investors Plan Small, Focused Writer of Homes, Including on Coasts, in Mass., R.I., N.Y.The investors in line to revitalize the 157-year old Pawtucket Mutual Insurance and its subsidiary Narragansett Bay Insurance...

Rodney Pierson

May 23 2005 // Twig BranchSeattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...

Ballinger Describes Texas Stamping Office Operations to AAMGA University

May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...

Ballinger Describes Texas Stamping Office Operations to AAMGA University

May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...

Prime Gets Go-Ahead to Write Surplus Lines in Vermont

May 19 2005 // The Prime Insurance Syndicate Inc. has received approval to write surplus lines insurance business in Vermont through the INEX Insurance Exchange effective as of April 7, 2005. Prime, which offers solutions for...