Specialty News

Oil Well Control Veteran, Krause, Joins J.H. Blades & Co.

Brian Krause has joined Houston-based J.H. Blades & Co. Inc., a division of Swett & Crawford. Krause is a veteran in the oil and gas well control and firefighting world. He began his well control career as a 19-year-old apprentice …

U.S. Risk Promotes Mullens to EVP

U.S. Risk Insurance Group Inc. has promoted Mike Mullens, the current national practice leader for the U.S. Risk healthcare division, to executive vice president. Mullens has more than 35 years experience in the insurance industry specializing in general liability, property …

Beyond Golf: P-U-T-T-E-R’s the Name of the Game in E&S World

Golf could be called the go-to sport of the insurance industry, so it’s safe to assume that most insurance professionals know what a putter is – a tool for cursing and hurling to the ground after a missed shot, right? …

Markel Enters Germany Through Joint Venture with Anglo Underwriting

Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting. With Markel’s support, Anglo’s primary focus will be to increase opportunities in specialty and private lines. As part of the focus …

Breckenridge Creates Program Business Underwriting Facility

Breckenridge Insurance Group has formed Blue River Underwriters, a program business facility. Blue River will manage and underwrite Breckenridge’s specialty program business. The new facility will open in Breckenridge’s suburban Atlanta headquarters, but the company will continue to operate underwriting …

Ironshore Names Tracey as VP, Specialty Casualty

Ironshore Inc. named Tracey Sharis as specialty casualty unit as vice president. Sharis will be responsible for expanding Ironshore’s distribution of retail and construction insurance programs within the United States. She will also work closely with the Ironshore retail Specialty …

Catastrophe Property Market Under Pressure: NAPCO

The catastrophe property market seems to be moving away from soft market pricing conditions, but weak insurance demand and too much capacity is limiting insurers’ pricing power, a new report says. “The industry has weathered a tough year, and though …

Western Security Surplus’ Stevens Helps Launch Berry Family 5K

On July 3, 2011, while returning to their home in Houston, Texas, from an annual family road trip to Colorado, the Berry family found themselves victims of a tragic, fatal car accident. The Berry family’s minivan, carrying parents Joshua and …

Texas Surplus Lines Professionals: Late-file Bill a Victory but Issues Remain

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 …

Regulators Publish Surplus Lines ‘Alien’ Insurer Eligibility List

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 …