E&S News
Industry Veterans Launch New E&S Biz
Insurance industry executives Michael Price and Kean Driscoll announced the formation of Dellwood Insurance Group, a new nationwide excess and surplus lines insurance holding company. The new company ...
For 5th Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best
Total U.S. surplus lines direct premiums written (DPW) rose by 19.2 percent to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a ...
Hard Market Pressure: Surplus Lines Lifting Heavy Load in Turbulent Times
As the longest hard market in memory refuses to fade, standard property/casualty carriers are not only continuing to raise prices but also reimagining their books by shedding risks they no longer ...
Top 15 E&S Writers: Lloyd’s, Berkshire Still Lead as All Major Players Grow
The U.S. excess and surplus lines market reported double-digit growth for the fifth straight year in 2022,with second-ranked Berkshire Hathaway pushing the total growth figure for the E&S market ...
Slice E&S Small Business Insurance Offered in 9 More States
Slice Labs Inc., a technology company catering to small businesses with an on-demand insurance platform specializing in non-admitted lines, announced the expansion of its excess & surplus ...
Nationwide E&S Exiting Commercial Auto Effective July 15
Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to ...
Wholesale Growth Is Cycle-Proof; Dual Distribution Has Failed: AIG’s Zaffino
Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting in September, AIG's chief executive officer gave his take on the dominance of ...
Liberty Mutual: Ironshore to Become Wholesale-Exclusive Brand
Liberty Mutual said it has repositioned its distribution strategy for specialty and excess & surplus products, making Ironshore a wholesale-exclusive brand. Going forward, all U.S. commercial, ...