All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...
Jul 10 2018 // Among the three laws vetoed by Rhode Island Governor Gina Raimondo as she cleared her desk of all pending legislation last week was a bill relating to surplus lines insurance.The bill – 2018 – H 7909 Substitute...
Jul 10 2018 // Lloyd’s broker and delegated authority specialist Endeavour Insurance Services announced that Karen Allen is to be appointed CEO designate of Endeavour, and will join the business in October 2018.Allen has spent her...
Jul 5 2018 // Insurers, industry bodies and brokers, together with other organizations across the insurance sector, have joined forces to launch a new industry-wide pledge, designed to change behaviors and create a more inclusive work...
Jul 3 2018 // Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates.The facility will be led by TMK and is one of the...
Jul 2 2018 // Chicago-based insurer Kemper Corp. has closed on its $1.6 billion acquisition of Birmingham-based nonstandard auto insurer Infinity Property and Casualty Corp.The stock portion of the cash and stock deal announced in...
Jul 2 2018 // Navigators Insurance Co. has promoted Joe Savarese to president, U.S. Specialty Primary Casualty. He will be responsible for driving the strategy and development of the specialty primary casualty product portfolio across...
Jul 2 2018 // The fourth Dive In Festival for diversity and inclusion (D&I) in insurance will reach more cities than ever in 2018, marking outstanding growth since its inception in 2015. Events this year will be spread across three...
Jul 2 2018 // The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group.In this role, Baron will lead the...
Jul 2 2018 // Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s shows.Lloyd’s newly issued City Risk Index, which produces estimates...
Jul 2 2018 // H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, added Christine M. Tricoli to its executive team as vice president, Human Resources.Based in the company’s Michigan headquarters, Tricoli assumes...
Jun 29 2018 // Validus Specialty Underwriting Services announced the appointment of Bob Eells as senior vice president and chief operating officer of Validus Specialty, Western World and Crop Risk Services. Leading operations and...
Jun 29 2018 // Lloyd’s of London today announced that Chief Executive Officer Inga Beale will step down next year after leading the global insurance and reinsurance market for five years.An exact departure date has not yet been...
Jun 29 2018 // REIN, an insurtech company providing insurance for risks posed by robotics, mobility and online ecosystems, has launched its first digital portal, DroneInsurance.com, offering drone insurance for commercial drone...
Jun 27 2018 // The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and effective risk management enabled the sector to absorb the multiple hits...
Jun 25 2018 // Market modernization, underwriting systems upgrades and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers (COOs), a survey commissioned by the Lloyd’s Market...
Jun 22 2018 // XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks.With an established presence in Latin America and aviation...
Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO of a new, yet-to-be-named property catastrophe managing underwriting facility that will be exclusive to RT Specialty. Company...
Jun 20 2018 // Two leading U.S. property/casualty insurance carrier trade groups are talking about merging.The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) said their respective...
Jun 18 2018 // There are at least three reasons for an individual to buy a personal umbrella policy.To begin with, the primary policies otherwise available generally do not provide liability limits commensurate with the exposure such...