The passage of a bill addressing late filing of surplus lines policies in the 2011 Texas legislative session was a victory for surplus lines professionals in the state. Senate Bill 1806 was backed by the Texas Surplus Lines Association, which …
The National Association of Insurance Commissioners (NAIC) posted its Quarterly Listing of Alien Insurers, available for reference and download. The listing, also mentioned in the Nonadmitted Insurance title of the Dodd-Frank Wall Street Reform and Consumer Protection Act, identifies nonadmitted …
As part of its expansion into the Texas marketplace, Louisiana-based Regional Insurance Services Co. (RISCOM) has hired Claire Tabor as Texas business director. Headquartered in Shreveport, La., RISCOM is a commercial lines general agency specializing in auto, general liability, property, …
Hank Haldeman, executive vice president of The Sullivan Group and co-chair of the National Association of Professional Surplus Lines Offices (NAPSLO) legislative committee, was presented the Charles A. McAlear/NAPSLO Industry Award at the 2011 NAPSLO Annual Convention in San Diego …
Four industry leaders attempted to tackle explaining the definition of “leadership” and what it takes to be a leader, while addressing perpetuation concerns during the “Next Generation Panel Discussion: Developing the Future Leaders of Our Industry” at the annual National …
Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs, a newly formed underwriting agency and approved Lloyd’s …
James LaLonde has been promoted to manager of insurance solutions at Burns & Wilcox. LaLonde previously served as an insurance solutions analyst II in the insurance solutions group of the IT department. He is the lead on several key projects, …
Selective Insurance Group is acquiring Montpelier U.S. Insurance Company (acronym MUSIC), an excess-and-surplus lines unit from Montpelier Re U.S. Holdings Ltd., for $55 million. Selective said the deal would be completed before the end of the year, pending customary closing …
Scottish American Capital, a venture capital group with a cache of high net worth individuals, has purchased 80 percent of Tustin, Calif.-based Yates & Associates and given founder Jim Yates a three-year contract as chairman. The company said it now …
Brady R. Kelley has been named the executive director of the the National Association of Professional Surplus Lines Offices (NAPSLO) effective Sept. 12. Kelley will replace Richard M. Bouhan who will be retiring from the organization after 30 years of …
