Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and surplus. And once again, the surplus lines sector outpaced the results …
Washington Metropolitan Area Transit Authority has recently filed a lawsuit against its insurer Lexington Insurance Co. of Boston charging that that the insurer failed to indemnify for the revenue losses in the train system’s ridership following the 2009 crash that …
David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is mving into his new role as president and chief executive officer of Chartis for the …
Eastwood perpetuating Lexington’s leadership role in innovation DALLAS, TX, June 30, 2011 — Peter Eastwood, President and CEO of Lexington Insurance, will deliver a keynote presentation at MarketScout’s fifth annual Entrepreneurial Insurance Symposium, outlining changing exposures created by alternative energy …
State officials say Tennessee has received reimbursement for last May’s flooding that damaged state buildings and other state-owned property. Treasurer David Lillard says the state received a $7.5 million check this week from Lexington Insurance Company. The state got a …
