TITLE

After the Storm

AUTHOR(S)
Chordas, Lori
PUB. DATE
September 2011
SOURCE
Best's Review;Sep2011, Vol. 112 Issue 5, p75
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of tornadoes and storms in 2011 in the U.S. on the excess and surplus (E&S) market and the response of E&S writers. According to Kevin Westrope of Westrope, there will be some changes on the property side of the market, particularly if there are any more major catastrophic events. Michael Miller of Scottsdale Insurance Co. expects that yearly financial results will be negatively impacted, causing companies to consider pricing structure and increasing rates.
ACCESSION #
66857728

 

Related Articles

  • Innovation and Value.  // Best's Review;Mar2014, Vol. 114 Issue 11, p47 

    An excerpt from an interview with Kevin Westrope, president of the National Association of Professional Surplus Lines Offices (NAPSLO), on the challenges confronting the excess and surplus lines insurance industry is presented.

  • Temporary Doctors, Hotel Doctors Find Med Mal Coverage In E&S Market. Harvey, Parker // National Underwriter / P&C;3/30/2009, Vol. 113 Issue 12, p17 

    The article reports on the temporary staffing agencies for doctors which has become one of the growing health care trends in the vanishing private practices in the U.S. The agencies can position temporary doctors for particular specialties suffering from lack of physicians and can place them as...

  • SLIMPACT Approved By N.D., Kentucky. McDonald, Caroline // National Underwriter / P&C;2/21/2011, Vol. 115 Issue 7, p14 

    The article reports on the approval of Surplus Lines Insurance Multistate Compliance Compact (SLIMPACT) in North Dakota. It notes the agreement is aimed for the uniformity of tax regulations of surplus lines industry in the various states of the U.S. It also mentions that the contract is the...

  • Income Statements, Not Balance Sheets, Driving E&S Rate Increases. Hemenway, Chad // National Underwriter / P&C;10/1/2012, Vol. 116 Issue 31, p28 

    The article offers views from Lexington Insurance Co. president David Bresnahan concerning the potential for the excess and surplus (E&S) lines carriers to see some positive rate movement in the U.S. He points out that income statements, rather than balance sheets, are driving rate movement in...

  • WRESTLING THE 'NEW NORMAL'. GUSMAN, PHIL // Property & Casualty 360;Sep2015, Vol. 119 Issue 9, p38 

    The article focuses on whether the excess and surplus market will revert back to its way before amid a huge influx of capacity and fierce competition. Topics discussed include the supposedly dramatic change in the traditional market cycle, according to Scottsdale Insurance Co. president and...

  • Scottsdale's Michael Miller: E&S Expert. Rousseau, Bryant // National Underwriter / P&C;10/22/2012, Vol. 116 Issue 33, p5 

    An interview with Michael Miller, president of Scottsdale Insurance Co., is presented. When asked about the change of risks from admitted market to excess and surplus (E&S) lines insurance, he says that he heard about the return of the risk from corporate agents, but he believes that it is not...

  • MOST OF BIGGEST SURPLUS LINES PLAYERS REPORT 2013 GROWTH IN WRITTEN PREMIUMS. KENEALY, BILL // Business Insurance;9/15/2014, Vol. 48 Issue 19, p0026 

    The article reports on the ranking of surplus lines insurers in the U.S. in 2014. Topics covered include the percentage increase in the premiums of Ace Westchester Surplus Lines Insurance Co., the amount of direct written premiums of the top insurers and the gain posted by Scottsdale Insurance...

  • Advice to the retail agent on effective and efficient use of the excess and surplus lines market... Wood, C. Courtney // National Underwriter / Property & Casualty Risk & Benefits Manag;9/18/95Supplement, Vol. 99 Issue 38, p31 

    Outlines considerations insurance agents should acknowledge before using the excess and surplus (E&S) lines market. Coverages the E&S facility of choice can access efficiently; Quality of response expected from an E&S broker; Knowing financial ratings of insurers to be used.

  • Surplus lines market leaders brace for increased competition. Lenckus, Dave; Velker, Lee // Business Insurance;9/11/95, Vol. 29 Issue 37, p3 

    Focuses on the strength of surplus lines insurers and wholesalers in the United States in 1994. Surplus lines market as the source of catastrophe property coverage; Success of the surplus lines market; Need to study the capacity and the appetite for risk of the competing market.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics