All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jun 27 2001 // The U.S. property/casualty industry’s net income after taxes dropped 5.4 percent to $5.6 billion in first-quarter 2001 from $5.9 billion in first-quarter 2000, according to Insurance Services Office Inc. (ISO) and...
Jun 26 2001 // Lloyd’s and London’s International Underwriting Association announced they would jointly sponsor “a series of alternative dispute resolution (ADR) clinics to be operated in conjunction with commercial...
Jun 26 2001 // A forum designed to educate corporate risk officers, risk managers, CFOs and CIOs as to the risk exposures inherent in e-commerce and new technologies will be sponsored by Lloyd’s and Tripwire Inc. in New York City...
Jun 19 2001 // The latest figures from Lloyd’s of London show that “for the first time in its 300-year history, the United States has become the British insurer’s largest single market.” Gross premiums from the...
Jun 18 2001 // According to a report in London’s Financial Times, American International Group, plans to announce the formation of an underwriting syndicate at Lloyd’s with an initial capitalization of $100 million ($140...
Jun 18 2001 // Seven speakers have been announced for the Texas Surplus Lines Association Mid-Year Meeting set for July 19-22 at the Vail Marriott Resort, Vail, Colo.William Kirven, Colorado Insurance Commissioner, is scheduled to...
Jun 18 2001 // At the 2001 AAMGA Annual Meeting, held May 20-24 in Indian Wells, Calif., at least one topic of discussion was as intense as the desert sun—all current indications clearly reflect a tightening of the market. There are...
Jun 18 2001 // Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases...
Jun 11 2001 // Some changes are in the air at Monarch E&S as Derek Borisoff is taking ownership of the company from Don Penniall.Penniall founded Monarch E&S, a surplus line/managing general agent, at an age when most employees...
Jun 11 2001 // Managing Agency Partners (MAP) Underwriting, one of Lloyd’s newest syndicates, has come up with an innovative and timely policy aimed at protecting investors from losses caused by wars and political violence in...
Jun 11 2001 // At the 2001 AAMGA Annual Meeting, held May 20-24 in Indian Wells, Calif., at least one topic of discussion was as intense as the desert sun—all current indications clearly reflect a tightening of the market. There are...
Jun 11 2001 // What’s the biggest problem area in the California insurance market these days?” When asked that question, most in the know would probably, without any hesitation, reply, “Workers’ comp.”But...
Jun 11 2001 // Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is under study as part of an overall review of Lloyd’s operations, due to be presented in...
Jun 4 2001 // The Texas Workers’ Compensation Insurance Fund will become the Texas Mutual Insurance Company Sept. 1 if Gov. Rick Perry signs the bill authorizing the change. The governor has 20 days from the Legislature’s...
Jun 4 2001 // The London insurance market achieved two significant milestones recently with the admission to Lloyd’s membership of three non-U.K.-based brokers, and the launch of Ins-sure Services, Ltd., which will assume the...
May 29 2001 // Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is under study as part of an overall review of Lloyd’s operations, due to be presented in...
May 29 2001 // MAP Underwriting, one of the newest syndicates at Lloyd’s, has come up with an innovative and timely policy, aimed at protecting investors from losses caused by war and political violence in troubled areas like the...
May 25 2001 // According to a survey by the Chubb Group of Insurance Companies Personal liability protection is not keeping pace with personal asset growth or litigation trends, leaving affluent individuals and their families exposed to...
May 25 2001 // As the holiday season began, Lloyd’s issued a warning to the public concerning certain travel insurance policies sold by the Management Company (London) Limited.It urged people to “check the validity of any...
May 22 2001 // The St. Paul Companies announced “that its St. Paul at Lloyd’s operation will implement a major reorganisation of its underwriting and operational structure, including a plan to consolidate its existing 11...