Latest Excess Surplus Headlines

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

Expert Witness For Lloyd’s Rejects “Names” Claims in Jaffray Suit

May 11 2000 // Keith Rayment, an expert witness called by Lloyd’s to testify on its behalf, strongly disagreed with one of the key allegations made by Names in the ongoing Jaffray case in London – that Lloyd’s concealed...

Arizona’s Surplus Line Premium Volume up in 1999

May 11 2000 // According to figures released by the Surplus Line Association of Arizona, written surplus line premium volume in the state totaled $106.9 million in 1999, compared with $90.2 million in 1998–an increase of 18.5...

Lloyd’s Keeps A.M. Best’s A (Excellent) Rating With Continued Negative Outlook

May 2 2000 // The losses at Lloyd’s, actual and projected, were not deemed serious enough, as yet, to warrant any change in Lloyd’s A (Excellent) rating by A.M. Best. It affirmed Lloyd’s capital strength, based on the...

AAMGA Outgoing President Takes Changing Marketplace in Stride

May 1 2000 // It was the eve of a major trade association event, the annual convention of the American Association of Managing General Agents.AAMGA Outgoing President James A. Roe, president of Arlington/Roe &Co. Inc. in...

AAMGA Members Set to Convene in the Florida Sunshine

May 1 2000 // Follow Your Dreams” will be the theme at the 74th annual meeting of the American Association of Managing General Agents (AAMGA) to be held at the Hyatt Regency Grand Cypress in Orlando, Fla. from May 7-11,...

LLoyd’s “MWD”- Opening the London Market

Apr 28 2000 // Just months after its launch last January, the Market Wordings Data Base (MWD) has begun to fulfill its role in unifying and modernizing the London insurance market. MWD provides a database with more than 8,000 entries...

American Names Set to Take on Lloyd’s of London on Home Turf

Apr 24 2000 // The accusations are fierce, the stories heart-wrenching. Lost homes, marriages, fortunes and even lives are piling up on the doorstep of Lloyd’s of London, which has been accused for years of not disclosing potential...

Lloyd’s Rating Changed by DCR

Apr 6 2000 // Duff and Phelps Credit Rating Co. (DCR) announced that it is modifying the A+ claims paying ability rating of the Lloyd’s market from “Stable” to “Developing.”“The change in Outlook...

The Unraveling of Superior National

Mar 30 2000 // Editor’s Note: This article was written by Standard & Poor’s analyst Darin Feldman, and is printed with permission.In its 1998 annual report “Survival of the Fittest,” Superior National...

Lloyd’s Publishes “Priorities for Growth 2000-2003”

Feb 10 2000 // With a heavy emphasis on growing e-commerce business, Chairman Max Taylor announced the publication of Lloyd’s new business plan, “Priorities for Growth 2000-2003,” calling it a “Manifesto for the...

Lloyd’s Starts Alternative Risk Publication

Feb 8 2000 // As part of its ongoing modernization, Lloyd’s just produced the first issue of ARTwork, a quarterly journal designed to explore the technical, regulatory complexities of the Alternative Risk Transfer...