All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 2 2019 // Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both.Then there are the “intelligent growers” — those that succeed at both, not only growing but...
Nov 25 2019 // ACORD’s recent study, “Intelligent Growth: Intent, Decisions, Outcomes,” reveals that E&S/specialty companies don’t fare well over the long term. Here, CEO Bill Pieroni suggests possible reasons...
Nov 25 2019 // DeCotis Specialty Insurance has hired Robert Jones as director of Marketing.In this position, Jones is responsible for expanding awareness of the company’s services and value beyond its existing footprint in the New...
Nov 22 2019 // Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state.Some...
Nov 22 2019 // Liberty Mutual Insurance today announced that long-time industry leader Kevin H. Kelley, vice chairman, Global Risk Solutions, will retire at the end of this year.In 2017, Kelley joined Liberty Mutual following the...
Nov 22 2019 // Atlanta, GA, November 22, 2019 — The specialty property program team at Blue River Underwriters, a Breckenridge Insurance Group company, welcomed Jamey Schoenhard, underwriter, to the team and opened a new office in Glen...
Nov 22 2019 // Chicago-based HDI Global Insurance Co. (HDI Global USA) has appointed Jim Clark as its chief executive officer, effective Jan. 1, 2020. Brad Diericx, chief financial officer of HDI Global USA since 2014, will assume the...
Nov 21 2019 // The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans to reorganize its...
Nov 20 2019 // Lloyd’s of London announced a new campaign to encourage more people to speak up against “unacceptable behavior”.The campaign is part of a program of measures put in place to “accelerate progress...
Nov 19 2019 // Hamilton Insurance Group Ltd. said it is placing Acappella Syndicate 2014 into runoff.Acappella is a third-party capital supported Lloyd’s syndicate included in Hamilton’s acquisition in August of Liberty...
Nov 15 2019 // Jennifer Mier, executive vice president with AmWINS Group in Dallas, has been elected president of the Texas Surplus Lines Association.Other officers elected at the group’s 64th Annual Meeting on Nov. 11 in Austin...
Nov 15 2019 // Pioneer Underwriters has decided to put its Lloyd’s Syndicate 1980 into run-off after completing an examination of “strategic and capital options for 2020.”Pioneer said it will be working with Asta, the...
Nov 14 2019 // Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (SSL Endeavour) will launch a managing general agent (MGA) based in Miami, and a trio of senior hires to support growth in...
Nov 13 2019 // Praedicat, Inc., the Los Angeles-based liability risk analytics software company, announced it is developing a new insurance product designed to help global industrials secure coverage for innovative and essential products...
Nov 13 2019 // In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects...
Nov 13 2019 // A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd’s of London insurance company is suing his employer for what he called a campaign of harassment, racial discrimination and...
Nov 13 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has hired a team of eight underwriters to its Specialty Brokerage division.All eight previously worked together at Hanover Insurance under Mark...
Nov 8 2019 // The Surplus Lines Stamping Office of Texas (SLTX) has named Cheyenne Herrera director of Operations. Herrera originally joined SLTX in 1998 as a data entry clerk. She oversaw the implementation of the Electronic Filing...
Nov 8 2019 // Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market.The news...
Nov 5 2019 // London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc.Nexus said the move will enhance the company’s aim to build both through acquisition...