E&S News
Executive View: Why Insurers Need to Partner With Customers, Tech Startups
As smart carriers continue to leverage cognitive and digital computing technologies to better understand, mitigate and absorb customers' property and casualty risks, the insurance industry is primed ...
Prime Insurance Gets Upgraded to ‘A’ Rating from A.M. Best
A.M. Best announced Friday that the rating agency has upgraded the financial strength rating of Prime Insurance Company to "A" from "A-," also revising the outlook on the rating to positive from ...
Future of State Auto’s E&S Business Under Review
Columbus, Ohio-based State Auto Insurance Group is reviewing options for its excess and surplus (E&S) lines business, including a possible sale, the company said in an announcement. State Auto ...
PURE Rolls Out E&S Homeowners Policy for High-Net-Worth Families
The PURE Group of Insurance Companies is debuting an excess and surplus lines homeowners policy for high-net-worth families. PURE said the new cover, under the name PURE Program, will be targeted to ...
AAMGA, NAPSLO Exploring Merger
The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) are considering combining both organizations into one ...
Watford Re Debuts E&S Specialty Insurer
Watford Re Ltd. has formed a new excess and surplus lines insurer called Watford Specialty Insurance Co. (WSIC), based in Morristown, N.J. WSIC's lines of business "will be similar to what we've been ...
ACE Beefs Up Product Recall Insurance Options
ACE Group said it beefed up and tweaked its product recall insurance offerings, a move intended to help benefit customers in areas including consumable products, consumer goods and component part ...
‘Westchester’ is ACE/Chubb’s Combined North America E&S Wholesale Business
ACE Limited, mapping out logistics of its planned $28 billion Chubb acquisition, will combine several divisions from both companies into a new North America excess and surplus lines wholesale ...