All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 24 2020 // Barbara Galgiani has spent her entire career specializing in both recreational and commercial marine industry – marinas, boat yards, hospitality, excursion boats and marine contractors. Roughly 90% of her revenue...
Feb 24 2020 // Texas has increased the eligibility of military spouses to be licensed as a surplus lines agent in the state, according to the Surplus Lines Stamping Office of Texas (SLTX). Under new rules adopted by the Texas Department...
Feb 19 2020 // Everest Insurance has added four underwriters within its Excess & Surplus Casualty Excess group. The new members of the group include:Kelly Doyle, who joins Everest as a senior underwriter based in the company’s...
Feb 18 2020 // The members of the Surplus Line Association of California have elected Terri Moran of Paul Hanson Partners as chair of the SLA board of directors.Moran’s election became official at the SLA annual meetings on Feb. 4...
Feb 18 2020 // Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events.The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess...
Feb 18 2020 // The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary of HCI Group, to provide replacement policies for Anchor Property and Casualty...
Feb 14 2020 // The Surplus Lines Stamping Office of Texas (SLTX) reported that new rules for surplus lines agents in Texas who are military spouses have been adopted by the Texas Department of Insurance (TDI) and became effective Feb. 6,...
Feb 13 2020 // Lloyd’s has announced the membership of its new, independent Culture Advisory Group, which has been set up as part of its action plan to drive long-term cultural changes in the market.Lloyd’s started its...
Feb 13 2020 // Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their...
Feb 13 2020 // Fairview Park, Ohio-based The McGowan Companies has entered into a joint venture with Allied Specialty Insurance Inc., a subsidiary of AXA’s property/casualty and specialty risk division, AXA XL, forming McGowan...
Feb 11 2020 // HDI Global Specialty SE, the specialty lines insurer, has promoted Frida Kangasniemi to the role of head of Airline. She replaces Thomas Broms in the role who retired at the end of last year.Kangasniemi was previously head...
Feb 11 2020 // Although the 2019 hurricane season did not have a significant impact on Florida, loss creep from prior storms continues to weigh on reinsurers, leading to a likely rise in rates for the upcoming June renewal period. As...
Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...
Feb 6 2020 // R-T Specialty LLC has promoted Claudia May, based in Houston, to co-president of the company’s national personal lines practice.May has concentrated on personal lines since the start of her career over 25 years ago....
Feb 5 2020 // California-based specialty insurance holding company K2 Insurance Services is acquiring London-based Pioneer Underwriters.Pioneer will form the cornerstone for a new international platform of K2. This will initially...
Feb 4 2020 // Premium data from all surplus lines stamping offices for 2019 shows that California once again led the nation in total surplus line premiums, possibly boosted by construction spending and wildfires.The Surplus Line...
Feb 4 2020 // R-T Specialty LLC has named Dave Adcock and Claudia May as President of RT Specialty’s National Personal Lines Practice.Adcock began his insurance career as a personal lines underwriter in 2000 and joined RT...
Feb 4 2020 // Lloyd’s developed the concept of a syndicate-in-a-box (SiaB) to make it easier for innovative capital to enter the market, but there are certain requirements and differences compared to traditional syndicates.The...
Feb 4 2020 // Lloyd’s of London is expecting big things for 2020 as it rolls out the key initiatives for its massive modernization project designed make it easier to do business with Lloyd’s and, ultimately, reduce the cost...
Jan 30 2020 // MS Amlin, the global re/insurer, announced the appointments of four senior leaders within the Specialty business, who will report to Mark Clements and Andrew Wright, co-chief underwriting officers of MS Amlin Underwriting...