All the headlines from our Excess Surplus Topic Page, ordered by recency.
Mar 2 2004 // A.M. Best Co. announced that it has affirmed the majority of the financial strength ratings and a senior debt rating of Pittsburgh-based Highmark Inc.; however, Best said it had revised the rating outlooks to negative from...
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Feb 23 2004 // Nuts & Bolts: Chubb/Axiom has a new market for specialty marine and pleasure crafts.Dollars: Deductibles of $1,000. Minimum premium, $2,500; policy limits, $10 million. Carrier: Chubb Insurance Co., rated...
Feb 23 2004 // Nuts & Bolts: Essex Insurance Company, a division of Markel Group, is offering a new market for specialty marine products, especially hard to place risks.Dollars: Deductibles of $1,000. Minimum premium, $500; policy...
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Feb 19 2004 // Shawn Lowry, president of Overland Park, Kan.-based Brooke Corp.’s franchise subsidiary, announced the introduction of a Brooke franchise for insurance agents that specialize in the sale of automobile...
Feb 19 2004 // Danville, Calif.-based CenCal Insurance Services announced further expansion of its Commercial and Specialty Products Division by introducing a new commercial products approach that provides real opportunity for writing...
Feb 11 2004 // Overland Park, Kan.-based GE Commercial Insurance, a division of GE’s Employers Reinsurance Corp. (ERC), announced it has increased its capacity to write umbrella and follow form excess coverage underwritten by the...
Feb 11 2004 // Lloyd’s announced that its Kinnect data transmission platform has just handled its first “open market” risk placement – a “complex open market risk” placed by Willis with Amlin last...
Feb 9 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on...
Feb 9 2004 // Nuts & Bolts: Chubb/Axiom is offering a new market for specialty marine and pleasure crafts.Dollars: Deductibles of $1,000. Minimum premium, $2,500; policy limits, $10 million. Carrier: Chubb Insurance Company, rated...
Feb 9 2004 // Staying up-to-date on the latest national insurance news, trends and industry products is what puts today’s top agents and brokers in a league of their own. National conventions and seminars offer valuable...
Feb 6 2004 // Surplus lines brokers in California now have the opportunity to ensure timely and accurate payment of surplus line taxes without needing to reconcile data and prepare reports. Los Angeles-based E.L.M. Insurance Brokers...
Feb 5 2004 // The Chubb Corporation reported that net income in the fourth quarter of 2003 was $72.3 million or $0.38 per share, compared to net income of $56.6 million or $0.33 per share in the fourth quarter of 2002.Operating income,...
Feb 5 2004 // San Antonio-based Argonaut Group Inc. announced financial results for the three months and full year ended Dec. 31, 2003.Highlights for the 2003 fourth quarter and full year include the following: · Argonaut Group’s...
Feb 4 2004 // Lloyd’s Chairman Lord Peter Levene does not mince words. So, while he reflected on 2003 as a relatively benign, and for Lloyd’s a very profitable, year, his audience at a meeting of the City Forum in London sat...
Feb 2 2004 // Roy Perry, a British Conservative member of the European Parliament, has called for an investigation by the European Court of Justice, the EU’s highest court, of the accusations against Lloyd’s and the U.K....
Jan 30 2004 // Aviva Plc appears to have successfully headhunted Andrew Moss, currently the top financial officer at Lloyd’s. The U.K.’s largest insurer announced yesterday that Moss, 45, is expected to join Aviva as its new...
Jan 29 2004 // A.M. Best Co. announced that it has assigned initial financial strength ratings of “A-” (Excellent) to Quanta Specialty Lines Insurance Company of Indianapolis, Ind. and Quanta Indemnity Company of Denver,...
Jan 29 2004 // “East London Bobbies will be experiencing the world of brief cases and pin-striped suits as part of a new mentoring scheme,” said a bulletin from Lloyd’s.Senior police officers from Tower Hamlets will...