All the headlines from our Excess Surplus Topic Page, ordered by recency.
Oct 11 2019 // Parametric earthquake coverage and terrorism coverage are among the potential items on the 2019 Export List hearing being held next month by the California Department of Insurance.Adding a risk or coverage to the export...
Oct 7 2019 // Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable to establish a viable...
Oct 7 2019 // Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since 2012, increasing 11% and representing the eighth consecutive year of premium growth, according to...
Oct 3 2019 // Reported Texas surplus lines premium through the first three quarters of 2019 reached $5.35 billion, a 16.15% increase over the same period in 2018, according to the Surplus Line Stamping Office of Texas...
Oct 3 2019 // Convex Group, the Bermuda-based international specialty insurer and reinsurer, announces that its UK insurance subsidiary, Convex Insurance UK Ltd., has been added to the National Association of Insurance Commissioners...
Oct 3 2019 // Canopius Group announced it has completed its acquisition of AmTrust at Lloyd’s.The merger provides Canopius with significant additional underwriting expertise and a broader product offering, creating a leading...
Oct 2 2019 // Kurt Hines has joined insurer Everest Insurance as vice president of Underwriting in the Specialty Insurance Group, which offers coverages for the sports, leisure and entertainment industries. In this role, Hines will be...
Oct 2 2019 // Reinsurance broker Willis Re announced the appointment, with immediate effect, of Donald Harrell as managing director & chief operating officer of Willis Re Specialty. Harrell joins with more than 25 years’...
Oct 1 2019 // Euclid Insurance Services, Inc. has formed Euclid Life Science Specialty, LLC (Euclid Life Science), a product and professional liability insurance underwriting platform providing tailored casualty coverage products to the...
Oct 1 2019 // Bermuda-based specialty insurer and reinsurer Hamilton Insurance Group announced that Steve Wilson has been appointed senior vice president, head of Casualty & Specialty, for its new U.S. reinsurance platform. Wilson...
Sep 30 2019 // Lloyd’s of London has unveiled a blueprint for action to facilitate its Future at Lloyd’s project, which aims to “build the most advanced insurance marketplace in the world.” This first blueprint,...
Sep 30 2019 // The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been wound down in its current form, having delivered the majority of proposed solutions, which are now in...
Sep 30 2019 // Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since 2012, increasing 11% and representing the eighth consecutive year of premium growth, according to...
Sep 26 2019 // American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join AIG as global head of Aerospace, General Insurance. James Langdon will join AIG as...
Sep 24 2019 // AmTrust E&S Insurance Services is expanding its offerings with the launch of an excess casualty underwriting division.To lead the Los Angeles-based new business unit, AmTrust E&S has hired Jeff Lynn, who brings 15...
Sep 24 2019 // Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are enduring a toxic...
Sep 24 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed.The excess and surplus lines sector is enjoying its...
Sep 24 2019 // Monarch E&S Insurance Services, a division of SPG Insurance Solutions, a full-service MGA and wholesale broker, has opened a new branch in Florida. The new branch is part of the company’s plans to expand its...
Sep 23 2019 // Newly-launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer.Rice brings years of experience in the brokerage industry. Most recently, he served as...
Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...