All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jun 9 2003 // What have you done in the last six months? Former Louisiana Commissioner Jim Brown lost 28 pounds, read 100 books, cooked for hundreds of people daily and squeezed in a weekly World Wide Web column between two book...
Jun 9 2003 // Happy times are here again for professionals who operate in the excess and surplus lines arena—at least as far as making money goes. Rates are up, bringing commissions up with them, and in many lines the pull back of...
Jun 9 2003 // Happy times are here again for professionals who operate in the excess and surplus lines arena—at least as far as making money goes. Rates are up, bringing commissions up with them, and in many lines the pull back of...
Jun 6 2003 // Pasadena-based Western Security Surplus Insurance Brokers Inc. announced that Joycette A. Casella has joined as a broker. Casella will be responsible for producing new business opportunities in the commercial property and...
Jun 6 2003 // Lloyd’s of London’s Franchise Performance Director, Rolf Tolle, announced that Jeremy Pinchin, previously Special Counsel for September 11th claims, will head a newly created department of Reinsurance and...
Jun 5 2003 // The Professional Insurance Agents of New Jersey Inc. announced that, “in response to the New Jersey Department of Banking and Insurance’s new rules and procedures for the procurement of insurance from surplus...
Jun 4 2003 // The California Court of Appeal recently ruled that Lloyd’s of London could not force a self-employed plumbing contractor to arbitrate his claim for bad faith denial of disability insurance benefits. Trial Lawyers for...
Jun 4 2003 // A.M. Best Co. announced that it has assigned a “Best’s syndicate rating of A- (Excellent) to Lloyd’s Syndicate 2010, managed by Cathedral Underwriting Ltd.” , with a “stable”...
May 23 2003 // Lloyd’s Chairman, Lord Peter Levene, told more than 250 senior brokers at the first Lloyd’s European Symposium, held at the Grange City Hotel in London, that now is the time for Lloyd’s to take whatever...
May 20 2003 // Insurity Inc., a ChoicePoint® company, headquartered in Hartford, Conn., announced that the American Association of Managing General Agents’ (AAMGA) board of directors has voted to ratify Insurity as a full-fledged...
May 20 2003 // Baltimore Technologies, a leading global e-security provider, announced that Hewlett Packard has chosen its “Baltimore SelectAccess (TM)” system to provide web access control and on-line security and...
May 20 2003 // The National Association of Independent Insurers has roundly approved the recent action by the New Jersey Senate in passing a bill that will bring the state in line with the rest of the country by eliminating a requirement...
May 19 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...
May 16 2003 // The beleaguered Trenwick Group received some much needed good news from its first quarter 2003 results – a net loss of $600,000, or 2 cents a share, compared to a net loss available to common shareholders of $54.6...
May 16 2003 // The Hartford Financial Services Group Inc., has sold most of its property-casualty reinsurance business to Bermuda-based Endurance Specialty Holdings Ltd.The transaction includes the sale of renewal rights for existing...
May 14 2003 // The Louisiana Surplus Lines Association is urging its members to keep the pressure on state lawmakers to pass House Bill 1476, which would exempt certain surplus lines insurers from a decades old, largely un-enforced law...
May 13 2003 // National Union Fire Insurance Company of Pittsburgh, Pa.® (National Union), a member company of American International Group, Inc. (AIG), has introduced Maximum A-Side Excess Insurance(SM) (MAX), a “Side A”...
May 9 2003 // San Antonio-based Argonaut Group, Inc. announced financial results for the three months ended March 31.First quarter highlights: *The company’s Excess & Surplus Lines (E&S) segment reported a 107 percent...
May 8 2003 // A bill that would allow surplus lines insurers to enter pleadings without posting a bond advanced from the Louisiana House Insurance Committee, according to the National Association of Independent Insurers.“House...
May 7 2003 // CGI Group (Europe) Ltd and HP (Hewlett Packard/Compaq) jointly announced that they have delivered a business platform for Kinnect Inc., a Lloyd’s of London sponsored initiative, to improve the efficiency and...