All the headlines from our Excess Surplus Topic Page, ordered by recency.
Aug 28 2018 // Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s Market Association (LMA), following the announcement that David Gittings will be...
Aug 27 2018 // Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized...
Aug 23 2018 // Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK announced they plan to merge – in a move that is designed “to enhance and further build Beat’s platform to support...
Aug 22 2018 // The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion.Under the terms of the agreement, Navigators...
Aug 20 2018 // Chicago, IL, August 20, 2018 — Prime Insurance Company, a leader in excess and surplus lines insurance, announced today that it has been added to the List of Approved Surplus Line Insurers in California. Prime can now...
Aug 20 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...
Aug 20 2018 // Small business used to be associated with small exposures — simple business risks addressed with simple insurance products. However, changing customer needs and expectations, technology advancements, new regulations...
Aug 20 2018 // The personal lines market gets very personal in the high net worth segment, according to one of the market leaders. PURE Group of Insurance Companies’ Chief Claims Officer Michael Taylor says that to excel in this...
Aug 16 2018 // Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice.The new offering is designed to...
Aug 15 2018 // Express Scripts Holding Co. built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new...
Aug 15 2018 // StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting...
Aug 15 2018 // Tower Hill Specialty, a managing general agency based in Ohio, has begun offering property insurance policies in Georgia, Indiana, Ohio, Texas and Wisconsin. The company, which offers property insurance for homeowners,...
Aug 13 2018 // Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters...
Aug 7 2018 // The chief executive of Aspen Insurance Holdings Limited described business changes to Aspen’s Lloyd’s insurance book last week, while neither unequivocally confirming or denying rumors that a deal to sell the...
Aug 7 2018 // Bermuda-based Nephila Capital announced that the Lloyd’s Board (previously called the Franchise Board) has given in principle approval to Nephila’s plan to form its own managing agency, subject to regulatory...
Aug 7 2018 // Ironshore’s Construction Industry group, in conjunction with Ironshore Specialty Casualty, has enhanced its coverage for designers and contractors. The specialty program offers contractors pollution liability on an...
Aug 6 2018 // Markel Corp. Co-Chief Executive Officer Richie Whitt made the observation during his company’s earnings conference call, on which leaders also reported a 13 percent jump in operating income for the second...
Aug 6 2018 // PowerGuard Specialty Insurance Services, a renewable energy program manager based in the U.S., has hired warranty and service agreement specialist Dan Cantafi as the firm’s senior vice president of sales and...
Aug 6 2018 // May 2018 was the highest-grossing month for surplus lines premium in Texas, with $681 million recorded, the Surplus Lines Stamping Office of Texas (SLTX) reported.Total premium in Texas stood at $3.06 billion as of June...
Aug 6 2018 // Following its placement into liquidation by the South Dakota Division of Insurance in late June, the Texas Department of Insurance removed ReliaMax Surety Co. from the list of eligible surplus lines insurers in Texas, the...