All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 18 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting...
Feb 17 2021 // Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a report published by Lloyd’s in partnership with cyber analytics specialist...
Feb 16 2021 // Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021.That will be welcome after a period of dealing with...
Feb 12 2021 // Core Specialty Insurance Holdings Inc. (Core Specialty), based in Cincinnati, Ohio, has appointed Mary Kotch as chief information officer and member of the company’s executive committee.Kotch has more than 20...
Feb 10 2021 // Financial holding company Ambac Financial Group has launched Everspan Group, capitalized with more than $100 million, to focus on writing specialty program insurance business.Everspan Group’s insurance companies...
Feb 9 2021 // In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.”That was the message from Ben McKay,...
Feb 9 2021 // Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. and its subsidiaries (Core Specialty) hired William (Bill) R. Fischer to lead its newly formed Agriculture Reinsurance Division. Fischer is a 25-year veteran of...
Feb 9 2021 // London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be...
Feb 8 2021 // Lloyd’s, the insurance and reinsurance marketplace, is launching “Futureset,” a new global platform and community dedicated to driving greater societal and economic resilience to the world’s most...
Feb 8 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced that Tomas Blas has been promoted to head of Property, Spain.Blas, who has 17 years of industry experience, joined BHSI in 2019 as head of Technical Lines in Spain....
Feb 8 2021 // McGriff has launched a new product that gives freight brokers the ability to purchase excess auto liability coverage online.TripExcess is a per-shipment excess liability product that will allow shippers, 3PL/brokers and...
Feb 8 2021 // Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers worldwide. The surplus lines industry is no exception. Surplus lines...
Feb 4 2021 // Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate.Operating with initial capitalization of $185...
Feb 3 2021 // Anthony Hanes has joined Chicago-based Ryan Specialty Group’s Stetson Insurance Funding (Stetson) as president.Stetson specializes in financing commercial and personal lines insurance premiums for the excess and...
Jan 28 2021 // Corrections or adjustment forms for late-filed Texas surplus line insurance policies included on November or December 2020 monthly late filers reports are due by Feb. 15, 2021. After this date, no additional modifications...
Jan 28 2021 // Texas recorded nearly $8 billion in surplus lines premium in 2020.The Surplus Lines Stamping Office of Texas (SLTX) reported that surplus line premium in the state increased to $7.92 billion in 2020, up 14% from $6.95...
Jan 26 2021 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has appointed John Burkhart president of specialty lines with oversight of Executive and Professional Liability, Healthcare Professional Liability,...
Jan 22 2021 // Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital.Currently...
Jan 22 2021 // Patrick Tiernan will be joining Lloyd’s of London in the newly-created role of chief of Markets, where he will will oversee market performance and distribution. Tiernan will join Lloyd’s from Aviva where he is...
Jan 22 2021 // Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest control industry. K2 Insurance Services is both the seller of Aegis Surety and the buyer...