Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

Atlantic Mutual Announces Statutory Financial Results

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...

A.M. Best Affirms Rating of National Indemnity Group

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...

NAPSLO Interns At Work in Summer

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...

CNA Moves to 2ndQ profit on rising premiums

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...

AIG Subsidiary Signs Letter of Intent to Combine Operations of Excess Inc.

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...

Argonaut Reports $6M in Quarterly Net Income

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...

Lloyd’s Hardy Underwriting to Boost Capacity for 2003

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...

Programs, Programs, Programs

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...

Lloyd’s Syndicate Rated ‘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...

Programs, Programs, Programs

Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...

LLOYD’S UNVEILS AGENDA FOR REFORM

Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...

Programs, Programs, Programs

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...

LLOYD’S UNVEILS AGENDA FOR REFORM

Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...

Lloyd’s Syndicate Rated ‘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...

Programs, Programs, Programs

Aug 5 2002 // Welcome to our 6th annual Program Directory issue, Volume I. The Insurance Journal has provided this guide for retail agents in Texas since 1996 in print and since 1998 online. The print edition is regional and published...

Lloyd’s Syndicate Rated ‘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...

Capital Push Triggers Mid-Year Growth for Lloyd’s

Aug 1 2002 // Demand to put new capital into Lloyd’s of London is triggering one of the London- based insurance market’s most significant periods of mid-year growth.Speaking in Canada last weekend, Lloyd’s Director of...

No Fraud Found in Lloyd’s Recruitment of Investors

Jul 31 2002 // A London appeals court reportedly dismissed allegations of fraud against Lloyd’s insurance market, which had been charged by dissatisfied members, or Names, with deceiving them into investing in Lloyd’s...

Credit Where Credit Is Due

Jul 22 2002 // The ability to transfer risk is one of the cornerstones of our economy and helps create our extremely high standard of living. Without that ability, lenders won’t lend; builders won’t build. The current hard...

Surveying the E&S Market with Swett & Crawford’s Hartoch

Jul 22 2002 // Swett & Crawford chairman David Hartoch has seen a number of changes in the excess and surplus industry during his decades in the business. As he approaches retirement in December, Hartoch took time out to talk with...