All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 6 2004 // Nuts & Bolts: Noodle Specialty Brokers (NSB) has made available surplus lines liability products from a nonadmitted carrier rated “A+ XV.” Wholesalers offer the products in 17 states and the District of...
Dec 6 2004 // Steve Marlin is in the driver’s seat of the collector-car market in Long Island.In 1999, the Deer Park, N.Y., agent (whose passion for cars led him to the presidency of the local Corvette collectors’ club)...
Dec 6 2004 // Nuts & Bolts: Noodle Specialty Brokers (NSB) has made available surplus lines liability products from a nonadmitted carrier rated “A+ XV.” The products are available via appointed wholesalers in 17 states...
Dec 6 2004 // Steve Marlin is in the driver’s seat of the collector-car market in Long Island. In 1999, the Deer Park, N.Y., agent, whose passion for cars led him to the presidency of the local Corvette collectors’ club,...
Dec 6 2004 // Ten years from now, some of the players within the property casualty insurance industry will have changed but the industry itself will not look dramatically different from what it is today:Smaller companies and independent...
Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...
Dec 1 2004 // A.M. Best Co. announced that it has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 570, which is managed by Atrium...
Dec 1 2004 // A.M. Best Co. announced that it has affirmed the Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters...
Dec 1 2004 // Pennsylvania Governor Edward G. Rendell has signed into law several bills affecting the insurance industry, including one on crop insurance awareness and another on insurance company surplus contributions.Senate Bill 912,...
Nov 29 2004 // AIG Specialty Workers’ Compensation, a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), announced the expansion of its “Partners in Productivity”...
Nov 26 2004 // The U.K.’s Wellington Underwriting plc. announced that it has completed the purchase of AXA Corporate Solutions Excess and Surplus Lines Insurance Company, first announced on June 25, 2004.The bulletin noted that...
Nov 24 2004 // A.M. Best Co. announced that it has affirmed its “A” (Excellent) Syndicate Rating and the issuer credit rating of “a+” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited...
Nov 24 2004 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Wellington Specialty Insurance Company (Scottsdale, Ariz.) (Wellington Specialty), a...
Nov 22 2004 // PCI Execs Contend Current Players Will Adapt to Maintain AdvantagesTen years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look...
Nov 19 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 510, which is managed by the U.K.-based R J...
Nov 18 2004 // A.M. Best Co. announced that it has withdrawn ratings on Denmark’s Tryg-Baltica International Insurance Company A/S and Lloyd’s Syndicate 1243, as they have been placed into run off. Both companies, who are not...
Nov 18 2004 // Dallas-based Specialty Underwriters’ Alliance Inc. announced the pricing of its initial public offering of 12,700,000 shares of its common stock at $9.50 per share, before underwriting discounts and commissions. The...
Nov 16 2004 // Bermuda’s ACE Limited has announced several executive appointments, as follows: — Andrew Kendrick, currently president and CEO of ACE Bermuda, has been named chairman and CEO of ACE European Group. —...
Nov 16 2004 // NIP Specialty Brokerage LLC of Woodbridge, N.J. has added two senior brokers to its growing team. Shawn Young is a casualty insurance specialist with experience in general liability, products liability, auto liability and...
Nov 11 2004 // Lloyd’s has set the terms for its subordinated debt issue, following a successful presentation to potential investors. “The transaction met with a very positive response from a wide range of quality...