Surplus Line Association of California News

California Export List Hearing for Surplus Lines Slated for November

Parametric earthquake coverage and terrorism coverage are among the potential items on the 2019 Export List hearing being held next month by the California Department of Insurance. Adding a risk or coverage to the export list requires evidence there isn’t …

California Surplus Lines Stamping Fee Goes to 0.25% in 2020

The Surplus Line Association of California board has voted to adjust the stamping fee to 0.25%, effective Jan. 1, 2020, the group announced on Tuesday. The stamping fee has been set at 0.2% for seven years, the longest recorded period …

California Wildfires Helped Drive Homeowners Premium Volume in Surplus Lines

Wildfires have evidently been driving more Californians into the surplus lines market, pushing up homeowners surplus premium volume to more than $122 million in 2018, according to the Surplus Line Association of California. “We have seen over the last five …

Surplus Line Association of California Formally Elects 2019 Board

The members of the Surplus Line Association of California have reelected Robert Gilbert of Markel West Insurance Services as chair of the SLA board of directors. Gilbert’s election was finalized after the SLA tallied the final ballots from members who …

California Surplus Lines Association Names Gilbert Chair, Elects 2018 Board

The members of the Surplus Line Association of California have elected Robert Gilbert of Markel West Insurance Services as the new chair of the SLA Board of Directors. Gilbert’s election was finalized after the SLA tallied the final ballots from …

California-based Law Firm Representing Insurers Takes ‘Solution-Oriented’ Approach

It’s no coincidence that the word “solutions” is included in the name of a new law firm representing insurers that recently launched in California. Woods Group Solutions, headquartered in Sonoma, Calif., began operations on Jan. 1 with a focus on …

California’s Enforcement against W.R. Berkley Ends in $12M Settlement

California Insurance Commissioner Dave Jones today announced that the enforcement action taken against W.R. Berkley Corp. entities and operating units has resulted in a $12 million settlement. Admiral Insurance Co., Admiral Risk Insurance Services Inc. nka BXM Insurance Services Inc., …

California Surplus Lines Association Elects Ciardello Chairman of the Board

The members of the Surplus Line Association of California have elected Tom Ciardello, senior executive vice president of Worldwide Facilities LLC, as the chair of the SLA board of directors. Ciardello’s election was finalized after the SLA tallied the final …

California Surplus Lines Association Elects Houska Chair, New Board

The members of the Surplus Line Association of California have elected Chris Houska, Western region managing director of R-T Specialty LLC, chair of the SLA Board of Directors. Houska’s election was finalized after the SLA tallied the final ballots from …

Surplus Line Association of California Names Chair, Board

The Surplus Line Association of California has elected Ian Fitt, CEO and chairman of Western Re/Managers Insurance Services Inc., chair of the SLA Executive Committee, the organization’s board of directors. Fitt’s election became official after SLA tallied the final ballots …