All the headlines from our Excess Surplus Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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;...
Feb 2 2005 // Standard & Poor’s Ratings Services has published the first of its quarterly reports on the members and syndicates at Lloyd’s. The study follows confirmation that the world’s oldest insurance market...
Jan 27 2005 // A.M. Best Co. has assigned a Best’s Syndicate Rating of A (Excellent) and an issuer credit rating (ICR) of “a” to Lloyd’s Syndicate 1225 (United Kingdom), which is managed by AEGIS Managing Agency...
Jan 27 2005 // California-based Trinity E&S Insurance Services Inc., has expanded its in-house contractor’s liability program to include the states of Nevada, Arizona, Oregon and Washington. Coverage is underwritten by an...
Jan 26 2005 // When six insurers,* led by Swiss Re, agreed to back Lloyd’s Central Fund with £500 million, with a maximum for any one year of £350 million (around $500 million at the time – $650 million currently) it seemed...
Jan 24 2005 // Insurance Journal magazine will publish its inaugural Top Excess & Surplus Lines Broker list on Feb. 21, 2005, in all five of its regional editions. Managing general agencies, wholesalers and managing general...
Jan 24 2005 // At the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was born—twice, it could be argued. The company that became Heath Insurance Brokers, one of...
Jan 24 2005 // E&S Industry Returns to Familiar GroundNeither wind, nor rain nor the dark cloud of standard carriers returning to the marketplace will keep excess and surplus insurance writers from maintaining profitability. From...
Jan 24 2005 // Name May Be Changing but Company’s Service, Business Practices Stay the SameAt the corner of Cole and Monticello Avenues near the Highland Park area of Dallas, an excess and surplus insurance brokerage was...
Jan 24 2005 // Dec. 16, 1773, was a sad day for Lloyd’s of London. On that day, angry colonists threw 340 crates into Boston harbor in the revolutionary Boston Tea Party. Turns out, Lloyd’s insured those crates of...
Jan 24 2005 // There are a number of things about the insurance industry that drive Lord Levene crazy but nothing more than all the paper.“The paperwork is nuts,” the Lloyd’s of London chairman exclaims. He tells the...