Kinsale Insurance Co. News

Specialty P/C Insurers Outperform Their U.S. Peers: Report

U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of success, according to S&P Global Market Intelligence. Kinsale Insurance Co., the …

New Jersey High Court: Default Claims Against Insurer Subject to Arbitration

A claimant seeking to recover directly from an insurer on default judgments for claims against the insurer’s policyholder, must abide by the insurer’s policy terms that mandate arbitration, the New Jersey Supreme Court has ruled. Property manager Crystal Point Condominium …

Excess & Surplus Lines Insurer Kinsale Files for IPO

Kinsale Capital Group Inc., the Richmond, Virginia-based insurer backed by Moelis & Co., filed for an initial public offering of stock. The company, founded in 2009, said it plans to list shares on the Nasdaq under the ticker KNSL, according …

Kinsale Launches New Law Enforcement/Police Professional Product

Kinsale Insurance Co. has launched a new law enforcement/police professional product. This is the initial product in Kinsale’s recently established Public Entity Division. Per Clay Rhoades, Kinsale vice president, law enforcement/police professional is the first of many products planned for …

Kinsale Forms Management Liability Division

Kinsale Insurance Co. has formed a new Management Liability Division. The division’s initial products are employment practices liability (for-profit/non-profit) and directors & officers liability (non-profit only). According to Clay Rhoades, Kinsale vice president, the initial products are the first of …

Kinsale Introduces Law Enforcement/Police Professional Liability Product

Kinsale Insurance Co. has launched a new law enforcement/police professional product. Eligible accounts include boroughs, cities, counties, townships and villages’ law enforcement departments serving populations of 100,000 or less. Larger venues may be submitted for underwriting review. Target law enforcement/police …