Latest Excess Surplus Headlines

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

State Fund Files 2004 Financial Statement with CDI

Mar 2 2005 // In an annual statement filed Wednesday with the California Department of Insurance, State Compensation Insurance Fund documented that its policyholder surplus — assets minus claims reserves and other liabilities...

FSLSO Creates Digital Online Classroom, Stresses Online Education

Mar 2 2005 // The Florida Surplus Lines Service Office in Tallahassee has made a concerted effort to create a digital online classroom to improve educational resources to provide quick and quality service at its customers’...

Beazley Opens Up Shop in U.S. for Specialty Lines

Mar 2 2005 // London-based Beazley has started underwriting specialty lines business locally in the U.S. on behalf of its syndicates at Lloyd’s.The opening of its office in Farmington, Conn. is part of Beazley’s plans to...

William Blair & Co. Begins Coverage for Specialty Underwriters’ Alliance with Outperform Rating

Mar 1 2005 // William Blair & Company has initiated research coverage of Specialty Underwriters’ Alliance Inc., a start-up commercial property/casualty underwriter based in Chicago, focused on the specialty program business...

Ck Specialty Expands Into Oregon

Feb 23 2005 // Ck Specialty Insurance Associates Inc., a surplus line broker and managing general agent, has expanded operations into Oregon with a new office in Sherwood, just south of Portland in Washington County. Ck Specialty offers...

Moran Joins Network E&S Insurance Brokers

Feb 22 2005 // Network E&S Insurance Brokers LLC, a California-based wholesale broker, announced that Michael F. Moran has joined Network E&S as a Partner and as its Chief Operating Officer. Moran’s immediate...

Moran Joins Network E&S Insurance Brokers

Feb 21 2005 // Michael F. Moran has joined California-based wholesale broker Network E&S Insurance Brokers, LLC, as a partner and as its chief operating officer. His immediate responsibility will be to establish and to staff an...

Retailers Reel in the Perfect Catch

Feb 21 2005 // Response Time, Service Crucial When Selecting E&S Brokers, IJ Survey ReportsRetail agents and brokers consider service and response time delivered by excess and surplus lines brokers to be critical factors when...

Kings & Pawns: Excess Brokers’ Moves and Mergers

Feb 21 2005 // The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent...

Checking in with ELANY’s Dan Maher

Feb 21 2005 // Back to Earth and Up to Albany for N.Y.’s Excess & Surplus MarketplaceAfter setting records in 2004, the excess and surplus market in New York is expected to calm down this year, as the tremors from the Sept. 11...

E&S Markets Medium, Softening Across the Board

Feb 21 2005 // Rising property prices and a healthy economy after the election year have encouraged competition for casualty business. Although account size is sometimes a factor in the directions prices move, E&S specialists say...

The Go-To Guy

Feb 21 2005 // Depending upon which side of the fence you stand, the excess and surplus insurance market is either too expensive and too unregulated, and therefore unreliable, or the right solution for a complicated risk at a difficult...

A Conversation with TSLA President Marshall Leicht

Feb 21 2005 // When Marshall Leicht was installed as president of the Texas Surplus Lines Association in November 2004 he reminded attendees at TSLA’s annual meeting of the many issues confronting surplus lines agents. Leicht, who...

Louisiana: We Are Building It, Will They Come’

Feb 21 2005 // Ihave the privilege of serving as vice president of the Louisiana Surplus Line Association (LSLA) and chairman of the Louisiana Surplus Line Task Force. Our goal has been to share our thoughts on regulatory reforms and...

Surplus Lines Experiencing Softening Market with Rest of Industry

Feb 21 2005 // Insurance Journal recently surveyed several surplus line associations regarding their thoughts on the current atmosphere of the surplus lines marketplace, and their expectations into 2005. Executive director Ted Pierce of...

Specialty Underwriters Alliance Names Philip to Board

Feb 15 2005 // Chicago-based Specialty Underwriters’ Alliance Inc., a commercial property and casualty insurance holding company, has appointed Paul Philp to its Board of Directors. Philp has held numerous senior executive...

Trinity E&S Announces Expansion of Contractor’s Liability Program

Feb 13 2005 // Bermuda Dunes, Calif.-based Trinity E&S Insurance Services Inc., announced it has expanded its in house contractor’s liability program to include the states of Nevada, Arizona, Oregon and Washington. Coverage is...

Prime Now Writing Surplus Lines in Florida

Feb 10 2005 // The Prime Insurance Syndicate Inc. (www.primeis.com) has received approval to write surplus lines insurance business in Florida effective as of Feb. 9. Prime, which offers solutions for hard-to-place risks, will offer...

AIG Aviation Grows Specialty Workers’ Comp Program; Risks for Fixed Base Operators Covered

Feb 8 2005 // AIG Aviation Inc., a member company of American International Group, Inc. (AIG), is expanding its Specialty Workers’ Compensation offering to cover the risks associated with Fixed Base Operators (FBOs) at private,...

Insurance Agents E&O: Are YOU Properly Covered’

Feb 7 2005 // Have you heard the story of the shoemaker’s children? Although their father was a shoemaker, they always had the most worn shoes. The reason is their father spent so much time and effort taking care of his customers;...