How legalized marijuana and President-elect Donald Trump will affect the insurance industry, a possible merger of the nation’s two major excess and surplus lines organizations, renewing the National Flood Insurance Protection Program, California laws expected for 2017, incremental insurance. There …
XL Group’s excess & surplus (E&S) insurance is adding primary auto capabilities to its product line and has added Andrew Miller as underwriting manager to lead this business. According to John Goodloe, president of XL Group’s E&S business, the company …
Most jurisdictions have held that an insurance company with the primary policy owes a duty of good faith and fair dealing to the insurance company with the excess policy requiring a settlement of claims within the primary carrier’s policy limits …
Berkshire Hathaway’s Berkshire Hathaway Specialty Insurance, its recently formed commercial property casualty insurance group, has commenced operations, underwriting property, casualty, professional and executive liability insurance and programs for customers in the U.S. “It’s official: We are moving into commercial insurance …
New York-based investment fund Scottish American Capital has acquired managing general agent Buckingham Badler Associates, also of New York.Founded in 1973, Buckingham Badler Associates is based in Staten Island, N.Y., with additional offices in Islandia on Long Island, N.Y., and …
Chicago, IL and Salt Lake City, UT, 02/23/12 – Prime Insurance Company, a premier excess and surplus lines carrier announced today that Mark Fisher has been promoted from Vice President and General Counsel to President and General Counsel of Prime’s …
R-T Specialty LLC, the wholesale broker of Ryan Specialty Group LLC, has acquired Texas-based insurance wholesale firm Maclean, Oddy & Associates Inc. (MOA). MOA is a specialist broker for unusual property and casualty risks with a focus on environmental coverages. …
XL Insurance has named Roxanne Mitchell as president of its Excess and Surplus lines unit, reporting to Seraina Maag, chief executive, North America Property & Casualty. Mitchell will be based in XL’s Chicago office. Mitchell joins XL Insurance from Lexington …
