All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 20 2002 // Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of...
Sep 19 2002 // ACE Risk Management (ARM), part of ACE USA, announced the creation of a new unit, ARM Excess Workers’ Compensation. The ARM Excess Workers’ Compensation unit offers risk managers and brokers the ability to...
Sep 18 2002 // Custom Insurance Solutions (CIS) of San Antonio announced that Austin-based wholesale MGA, Austin Surplus Lines Agency Inc., contracted with CIS’ for its AIM Management System. Austin Surplus Lines has 80 employees...
Sep 18 2002 // The industry got together in Whistler, British Columbia July 25-28 for the Western States Surplus Lines Conference. Below are some images captured over those three days. Can you find yourself? Derek Borisoff of Monarch...
Sep 14 2002 // Lloyd’s announced on Friday that 79.88 percent of those eligible to vote at an Extraordinary General Meeting on Thursday had backed the reform proposals prepared and endorsed by Lloyd’s management.The vote...
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
Sep 9 2002 // As the 16,000 plus members of Lloyd’s began preparing to cast their votes for or against the reform proposals at a special meeting on Thursday, Sept. 12 (See IJ Website Aug. 30, Sept.3) Chairman Sax Riley made what...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Aug 30 2002 // Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of...
Aug 28 2002 // A.M. Best announced that it has affirmed the financial strength rating of A- (Excellent) of the Lloyd’s market with a stable outlook.“The affirmation reflects Lloyd’s excellent business profile, excellent...
Aug 21 2002 // Atlantic Mutual Companies, a New York-based mutual insurance company providing commercial and personal coverages through independent agents and brokers, announced unaudited statutory financial results for the second...
Aug 20 2002 // A.M. Best Co. has affirmed the group financial strength rating of A++ (Superior) of National Indemnity Group (NIG).The rating reflects the group’s extraordinary capitalization and balance sheet liquidity, superior...
Aug 19 2002 // The National Association of Professional Surplus Lines Offices (NAPSLO) announced that eight college student are participating in its 2002 Summer Internship Program. The interns spend five weeks during the summer working...
Aug 9 2002 // CNA Financial Corp. reported it swung to a second-quarter profit, able to raise prices on many of its policies.CNA, which is 87 percent-owned by holding concern Loews Corp., posted net income of $35 million, or 16 cents a...
Aug 8 2002 // American International Group, Inc. (AIG) announced that its subsidiary Risk Specialists Companies, Inc. has signed a letter of intent to combine the operations of Excess, Inc. with Medical Excess Insurance Services...
Aug 8 2002 // Texas-based Argonaut Group Inc., a specialty insurer, announced financial results for the three- and six-month periods ending June 30. In addition, the company’s board of directors declared a regular quarterly cash...
Aug 7 2002 // A.M. Best reported that one of Lloyd’s managing agencys, Hardy Underwriting Group plc, has been approved to increase the underwriting capacity of its syndicate 382 to 100 million pounds ($1 = 0.64 pounds) for the...
Aug 5 2002 // Welcome to our 10th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents since 1992 in print and since 1998 online. The print edition is regional and published twice a...
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...