Wholesale & Specialty Insurance Association (WSIA) News

People Moves: WSIA Elects Officers; RSUI’s McCrorie Becomes Chair

Wholesale & Specialty Insurance Association (WSIA) members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024. Others elected for …

Slower Growth but Surplus Lines Premiums Still Up 12% in 2024

The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance Association (WSIA). 2024 premiums reflected a …

3rd-Party Litigation Funding, Federal Regs Among Insurance Trades’ Priorities for 2025

This story has been corrected to include the correct year in the headline. Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading into 2025? Here are the …

Aspen’s Orseck Explains the Growing Impact of PFAS [Video]

As research has evolved on the effects of per- and polyfluoroalkyl substances (PFAS), correlations are being made to medical conditions within people exposed—and that’s about everyone to some degree. “We’re ingesting this stuff for years and years, to the point …

A ‘Real Race for Talent’ in E&S Industry, Says WSIA’s Kelley [Video]

Brady Kelley, president and CEO of the Wholesale & Specialty Insurance Association, said the organization has been doing a lot to promote the E&S segment in hopes of attracting talent “There is no doubt a real race for talent in …

RT Specialty’s Austenfeld Elected WSIA President

Brenda (Ballard) Austenfeld was elected to serve as 2024-2025 Wholesale & Specialty Insurance Association (WSIA) president Austenfeld, CEO and president of RT Specialty’s national property practice, was chosen by membership at the organization’s annual business meeting earlier this month. She …

Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6%

The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines office release by the Wholesale & Specialty Insurance Association (WSIA). 2023 premiums reflected a 14.6% …

Surplus Lines Premium Increases 16% to Nearly $36 Billion Through June

Surplus lines premium reached nearly $36 billion through the first six months of 2023, according to the 2023 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices. Premium increased about 16% overall compared to results reported through the …

People Moves: Beal Leads Nationwide National Partners; Acrisure New Leadership Team; WSIA New Diversity Board Members

Beal Named Leader of Nationwide National Partners team Nationwide has named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key P&C distribution partner relationships. Beal’s background is in national distribution management and underwriting. …

WSIA’s Diversity, Inclusion Director Sees Industry Progress, Commitment to Change

In an effort to continue its commitment to promoting diversity, equity and inclusion in the insurance industry, the Wholesale and Specialty Insurance Association (WSIA) recently hired Vanessa Sims as its first director of DE&I. According to the association, Sims will …