All the headlines from our Excess Surplus Topic Page, ordered by recency.
Oct 5 2018 // Ohio-based Tower Hill Specialty is now offering property insurance in Illinois.Currently available in seven states, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products....
Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd.Terms of the transaction were not disclosed. Headquartered in Saint John, New Brunswick,...
Oct 2 2018 // Lloyd’s is set to get into Canada’s cannabis market when recreational marijuana becomes legal there on Oct. 17, according to Hank Watkins, president of Lloyd’s America Inc.Watkins was speaking today at...
Oct 2 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date.Jumpstart Insurance...
Oct 2 2018 // An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together.The surplus lines insurance...
Sep 28 2018 // Everest Insurance announced that Mike Karmilowicz has been promoted to president of Everest Specialty Underwriters and Dave Sandler has been promoted to president of its Risk Management Group. Karmilowicz joined Everest...
Sep 26 2018 // Brown & Riding has added Harrison Scheider as an environmental specialty broker. Scheider works out of Brown & Riding’s Denver, Colo. office. He primarily handles accounts in Colorado, New Mexico, Wyoming,...
Sep 26 2018 // AXA XL announced two senior promotions within its Excess Casualty Insurance business.Effective immediately Vivienne Moniz and Elaine Scully have been appointed as head of Excess Casualty, Bermuda, and head of Excess...
Sep 21 2018 // Starr Insurance Companies has introduced Starr CIP Enterprise, a monoline general liability construction wrap-up insurance policy. The new product is designed for property owners and contractors who need tailored primary...
Sep 21 2018 // American International Group has agreed to acquire Glatfelter Insurance Group, a prominent specialty insurance broker and program manager headquartered in York, Pennsylvania.The terms of the transaction were not disclosed....
Sep 21 2018 // Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy...
Sep 21 2018 // Lloyd’s reported a return to profits during the first half, in a welcome recovery after its big losses of 2017. Pre-tax profits during the half were £600 million ($793.1 million), compared to £1.2 billion ($1.6...
Sep 21 2018 // XL Catlin’s North America Construction insurance business has appointed Ann Marie Snyder, senior underwriter, to lead its Construction Excess Casualty business in its Southeast region.Snyder joined XL Catlin in 2012...
Sep 19 2018 // Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing.Mutual property/casualty insurance companies continue to face heightened...
Sep 19 2018 // A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the Lloyd’s Market...
Sep 18 2018 // Tower Hill Specialty insurance products for homeowners are now available in Alabama, as the Ohio-based company expands its regional focus in the Southeast. Specializing in personal lines property products, Tower Hill...
Sep 18 2018 // Ethos Specialty Insurance Services (Ethos), Ascot Group’s New York-based MGU platform, has appointed Rory Cline as president and CEO.Cline takes the helm from his current role as chief underwriting officer, having...
Sep 18 2018 // Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Munich, Germany, the latest advance in BHSI’s expansion of its global footprint. The insurer has named two key underwriters for the office. The...
Sep 17 2018 // There’s Opportunity in Unusual and Emerging Risks, Sullivan Tells CarriersThe current economic and business wave presents property/casualty insurance carriers with opportunities to expand or differentiate themselves...
Sep 17 2018 // Some larger commercial insurance brokers appear to be uncertain about how the Exempt Commercial Purchaser (ECP) feature of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), part of the Dodd Frank Act, effective...