All the headlines from our Excess Surplus Topic Page, ordered by recency.
May 4 2005 // Three important lessons from the 2004 hurricane season were highlighted to more than 100 insurance professionals Wednesday in Miami by Lloyd’s Chairman Lord Levene, in advance of what is predicted to be another tough...
May 3 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has announced the results of its premier survey of domestic insurance companies that write a...
May 2 2005 // American International Group Inc. said that it has decided to restate financials from several previous years and that preliminary results of its internal audit show its 2004 results should be reduced by $2.7 billion, or...
May 2 2005 // Lloyd’s view of challenges facing the U.S. insurance market will be discussed by Lord Levene of Portsoken KBE and chairman of Lloyd’s of London in the keynote speech during the May 3 American Association of...
May 2 2005 // “Ethics in the Wholesale Insurance Marketplace” workshops concluded on Saturday afternoon with a round-table discussion, led by Ernest Csiszar, president of the Property and Casualty Insurance Association of...
Apr 29 2005 // A day-long presentation and discussion about Ethics in Today’s Insurance Environment, sponsored by the R. Max Williamson Chair of Insurance and Business Ethics, kicked-off the American Association of Managing General...
Apr 28 2005 // Chicago-based Unitrin Inc. reported net income of $67.9 million ($0.99 per common share) for the first quarter of 2005, compared to net income of $48.0 million ($0.71 per common share) for the same period in 2004. Net...
Apr 28 2005 // The Hartford Financial Services Group Inc. set a new quarterly record with net income of $666 million, or $2.21 per diluted share, in the first quarter of 2005, a 17-percent increase over the prior-year period.Net income...
Apr 27 2005 // Deutsche Boerse, the German stock market operator, announced that Lloyd’s Chairman Lord Peter Levene would be giving up his seat on the company’s supervisory board. Levene originally agreed to take a seat on...
Apr 25 2005 // Lawrence Mennes and Stephen Vallender in association with Burnett Holdings, Inc. have announced they will form a new insurance broker -IMS Insurance Market Solutions based in Houston, Texas. IMS will be a full service,...
Apr 21 2005 // La Mesa, Calif.-based Access E&S Insurance Services has promoted Roxanne L. Louie to the position of broker. She will be responsible for marketing and placement of new commercial business, including packages,...
Apr 21 2005 // The Midland Company, a Cincinnati-based provider of specialty insurance products and services, announced record results for the first quarter ended March 31, 2005.Net income for the quarter was a record $21.5 million, or...
Apr 21 2005 // Lloyd’s of London is celebrating its 20th anniversary as a supporter of the University of Kentucky in Lexington. Since the mid-1980s, Lloyd’s of London underwriters, brokers and their Kentucky agents have given...
Apr 20 2005 // 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 2010 (United Kingdom), which is managed by Cathedral Underwriting...
Apr 20 2005 // Specialty Underwriters’ Alliance Inc., a property and casualty insurer, announced the implementation of its collateral recovery customer class through its partner agent, AEON Insurance Group. Collateral recovery is...
Apr 19 2005 // Lloyd’s underwriters believe that buyers are more concerned about pricing than current insurance industry investigations – according to new research released Tuesday.The research* also reveals that underwriters...
Apr 18 2005 // Disaster Plan Waiting to Happen? MGAs Must Prepare For All EmergenciesHis last words of advice might have been the most important: “If you haven’t started, start small.” Not all managing general agencies...
Apr 18 2005 // An Interview with Francis Johnson, AAMGA President-ElectFrancis Johnson, president of Johnson and Johnson Inc., of Charleston, South Carolina, becomes president of the American Association of Managing General Agents in...
Apr 18 2005 // Mary Zeller, vice president and manager of Seaboard Underwriters office in Council Bluffs, Iowa, hasn’t ridden a motorcycle or a Harley-Davidson, but will play a major role in the April 29 “Managing General...
Apr 18 2005 // Specialty Risk Associates, a managing general agency headquartered in Shreveport, La., has been on the move in the past several years–expanding beyond its Louisiana base into neighboring states–and has plans to...