All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Jul 22 2002 // It is a rare occurrence today, but not so long ago tying down the safety valve was viewed as an acceptable way to improve a steam boiler’s performance when demand peaked. The objective was to increase the...
Jul 22 2002 // Nuts & Bolts: American Bankers and American Reliable are offering a new Excess Flood Insurance Program. It provides coverage in excess of NFIP building and contents limits. Written in all zones and both commercial and...
Jul 22 2002 // A.M. Best Co. placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under review with negative implications....
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...
Jul 22 2002 // Do your homework. Check it over, twice. And an apple for the teacher wouldn’t hurt, either.Once we get past the risk assessments, debt ratios and premium margins, insurance is still about relationships. For it is...
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Jul 22 2002 // I was invited to speak to the San Antonio Independent Agents in January of 2000. At that moment I knew the property casualty insurance market was going to harden. They wanted to know what an excess and surplus lines broker...
Jul 22 2002 // Nuts & Bolts: Ajalon Specialty Insurance Brokers has E&S and Specialty Markets available for auto-commercial (commercial auto liabiltyÑmisc./special purpose), contractors & related, artisian contractors,...
Jul 22 2002 // Since it’s inception in the early 19th century, the surplus lines industry has played a significant role in the insurance world: providing the buyer with insurance not available in the standard, admitted markets. As...
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
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...
Jul 22 2002 // The surplus lines industry is traditionally thought of as a safety, or relief valve for the insurance industry as a whole. But what does that mean? To find out, read on, because what we have here is everything you ever...
Jul 22 2002 // In the teeth of the first true hard market in nearly two decades, evidence accumulated by the Surplus Lines Stamping Office of Texas confirms the surplus lines insurance market is successfully fulfilling its primary...
Jul 22 2002 // A.M. Best Co. placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under review with negative implications....
Jul 17 2002 // The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the world’s oldest insurance market. According to Reuters, however, those plans...
Jul 17 2002 // Aon Corporation announced that Combined Specialty Group, Inc. (CSG) has acquired Sheffield Insurance Corporation from Vesta Insurance Group. Aon Capital Markets acted as advisor to CSG in connection with the...
Jul 16 2002 // Pennsylvania Gov. Mark Schweiker has signed House Bill 599, enabling surplus lines insurers to change or adopt new commercial policy forms without first getting approval from the state insurance department. “Surplus...
Jul 16 2002 // Aon Corporation made several appointments to the Property and Casualty Group of Combined Specialty Group, Inc.John Intondi, 50, has been appointed senior vice president, Claims and will be responsible for all claims...
Jul 11 2002 // Ajalon Specialty Insurance Brokers has E&S and specialty markets available for auto-commercial (commercial auto liability—misc./special purpose), contractors & related, artisan contractors, contractors...