All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jan 22 2021 // Van Spanos has joined Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc.’s newly formed excess and surplus (E&S) primary Product Liability group as vice president.Spanos is responsible for managing all...
Jan 20 2021 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched new terrorism insurance coverage in the German market, effective immediately.Since LSM entered the market in 2018, business written used...
Jan 20 2021 // AM Best announced that it would not change the “A-” financial strength ratings of the members of Dallas-based specialty insurer Hallmark Insurance Group nor the “bbb-” long-term issue credit rating...
Jan 19 2021 // Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines.As executive vice president of the newly-expanded Applied Specialty Underwriters, Black, who has 35 years of...
Jan 19 2021 // Clovis, Calif.-based Sierra Specialty Insurance Services has added Chris Sunderland as a senior property/casualty underwriter. Sunderland previously co-founded International Property & Casualty Insurance Brokers of...
Jan 15 2021 // AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Summit Specialty Insurance Co. (SSIC), based in Omaha, Neb.The outlook assigned to these ratings...
Jan 14 2021 // Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract new forms of capital.A key milestone for the Future at Lloyd’s strategy, the...
Jan 13 2021 // Core Specialty Insurance Holdings and its subsidiaries have partnered with Lancer Management Co. to provide excess liability limits for qualified local, intermediate and long haul trucking accounts as well as general...
Jan 13 2021 // Exceptional Risk Advisors, a Lloyd’s of London coverholder, has acquired assets of International Specialty Insurance Services.Headquartered in Winston-Salem, N.C., International Specialty Insurance designs insurance...
Jan 12 2021 // Pathpoint, a digital excess and surplus lines insurance broker, said it is offering a new capability to independent retail agents: access to multiple cyber insurance quotes through a single online application containing...
Jan 12 2021 // Hamilton Insurance Group Ltd. announced two senior appointments in its Lloyd’s operations, Hamilton Managing Agency Ltd. – Trevor Ormes as deputy active underwriter of Syndicate 4000 and head of Professional Lines,...
Jan 11 2021 // Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor vehicles continue to expand and evolve, as do businesses and their automobile insurance...
Jan 11 2021 // The Lloyd’s market is moving to end its insurance cover for coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022.As part of its plan to accelerate...
Jan 11 2021 // The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014,...
Jan 8 2021 // NIF Group, and its parent company, Jencap Group, have agreed to acquire the assets of Pacific Coast E&S Insurance Services in Santa Rosa, Calif. New York-based NIF is a program manager and wholesale broker providing...
Jan 6 2021 // Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. has filled several key roles within its Property Division, led by Alison Oliphant.The company had previously announced its plans to launch this division ahead...
Jan 5 2021 // Platinum Specialty Underwriters has acquired International Property & Casualty Insurance Brokers of Nevada Inc. IPC will continue to operate under its established brand name. Terms of the deal weren’t...
Jan 5 2021 // Philadelphia Insurance Companies (PHLY) has acquired the Staffing Insurance Business offered by World Wide Specialty Programs Inc., based in Melville, N.Y.World Wide will operate as a division of PHLY and assume...
Jan 4 2021 // Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have a subsidiary of Enstar reinsure a legacy portfolio of excess workers’ compensation policies,...
Dec 28 2020 // Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability.Jacobs has 30 years of insurance sector experience...