All the headlines from our Excess Surplus Topic Page, ordered by recency.
Oct 11 2004 // Agency consolidations, consolidator’s objectives and a broad range of other trends and developments were highlighted by Steven S. Wevodau and Robert J. Lieblein, both with WFG Capital Advisors LP, during the National...
Oct 7 2004 // AIG Excess Casualty(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc., announced the launch of AIG ExcessAdvantage, described as “a new program designed to...
Oct 4 2004 // The U.K.’s annual Insurance and Financial Services Conference, sponsored by the Chartered Insurance Institute (CII) and the Chartered Institute of Loss Adjusters (CILA), got underway Wednesday, Sept. 29. The...
Sep 27 2004 // The National Association of Professional Surplus Lines Offices (NAPSLO) recognized the top four graduates of the Associate in Surplus Lines Insurance (ASLI) program at its annual convention on Sept. 21, 2004, in Orlando,...
Sep 27 2004 // Anyone who has ever visited Lloyd’s ultra-modern headquarters building on London’s Lime Street is struck by an odd anomaly. Despite the fact that every underwriter’s desk duly sports the obligatory...
Sep 21 2004 // Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night.Lloyd’s said Levene would urge industry...
Sep 21 2004 // Orlando – Since 9/11, Americans have been living in a world at an intersection between terrorism and technology, former Secretary of Defense William S. Cohen, explained during the opening of the National Association...
Sep 21 2004 // A special report released by A.M. Best Co. concludes that at the end of 2003, direct premium volume for the surplus lines industry increased by approximately 28 percent over the prior year, which followed an estimated 62...
Sep 20 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando ConventionThirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus Lines...
Sep 20 2004 // First RespondersOnce upon a time, the excess and surplus line market was the safety valve of the insurance industry—the more lightly regulated, more financially shaky little brother to the admitted market. It was said to...
Sep 20 2004 // Kelley Touts Innovation as Core Competitive AdvantageLexington Insurance Co., the excess and surplus line subisidiary of the American International Group, has been the leader in the domestic E&S market for decades...
Sep 20 2004 // Sustaining Progress in a Changing Rate EnvironmentThe wind has been at the back of insurance agents and brokers for the past several years and has resulted in smooth sailing. Organic growth rates have been in double digits...
Sep 20 2004 // Surplus line producers have benefited greatly from the Gramm-Leach-Bliley Act. Since the act’s passage in 1999, most states have amended their laws to allow for nonresident licenses for surplus line producers. These...
Sep 19 2004 // Convention sponsors and conferees arriving in Orlando for the annual NAPSLO National Convention breathed a sigh of relief Sunday as Hurricane Jeanne was downgraded and would not be a threat to the Bahamas or Florida.On...
Sep 17 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 382, which is managed by the U.K.’s...
Sep 13 2004 // Cunningham Lindsey U.S. Inc. (CLUS), based in Dallas, announced the promotion of Jim Devall to director of E&S. Devall, with more than 20 years claims experience, began his specialization in the surplus lines market...
Sep 9 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) of Lloyd’s Syndicate 3000, which is managed by Markel Syndicate Management Ltd. Best also affirmed the...
Sep 6 2004 // Something different was definitely in the air at a seminar put on by the American Association of Managing General Agents (AAMGA) last June. As the group of MGAs and wholesale brokers settled in for the introductory dinner...