Catastrophic events, the economy and changes in reinsurance capacity have the greatest impact on the availability and pricing of specialty lines coverage in 2009, according to professionals in the surplus lines industry. Yet despite an economic slowdown, the majority of …
The Hanover’s CEO Fred Eppinger says the specialty lines business will be a key growth engine for the Worcester, Massachusetts-based super-regional insurer in the next several years. Over the last year, revenue from specialty lines at The Hanover has grown …
Legislation aimed at making access to the surplus lines market more efficient and help standardize state insurance regulation has been introduced again in the U.S. House of Representatives. Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J., members of the House …
Brenda Wallace joined Atlanta, Ga.-based Risk Innovations’ workers’ compensation division. Wallace has more than 25 years insurance experience including more than 20 years working with a national insurance carrier. Most recently, Wallace worked with a national workers’ comp broker. Wallace …
Hiscox, an international specialist insurer, opened an office in Miami in an effort to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve as an on the ground presence …
At the annual conference of the Association of Managing General Agencies (AAMGA) now underway in Boca Raton, Florida, attendees are very much attuned to what’s going on up north in Washington, D.C. What do AAMGA members think about what’s going …
Managing general agents have a positive attitude about the soft market and recession, figuring what went down must come up again, according to Curtis Anderson, incoming president of the Association of Managing General Agencies (AAMGA). Most MGAs are doing fine …
American Specialty Insurance & Risk Services Inc., a wholly-owned subsidiary of Brown & Brown Inc., has named Tony L. Wittwer president of the Roanoke, Indiana-based sports, motorsports and recreation specialty insurance company. Wittwer joined American Specialty in September 2006 and …
The London-based Marketform Group Limited, a leading market for non-US medical malpractice and other specialty lines, has announced that it is now underwriting five new classes of business. Chairman Holly Bellingham described the new lines as a natural progression following …
Liberty International Underwriters, a division of Liberty Mutual Group, named Tim Kania as senior vice president of construction for its North and South America operations. An insurance executive for more than 20 years, Kania is also a licensed professional engineer. …
