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Surplus lines market shows robust growth in number of transactions and premium volume as complex risks drive demand, the Wholesale & Specialty Insurance Association reports.
Make a point of reviewing your excess policy attachment language.
Excess follow forms don’t necessarily mirror the language of the primary policy, so beware.
Wholesale and retail broker contracts must spell out roles, responsibilities and expectations.
Risk managers should look at more than price when buying E&S coverage.
A look at the latest decisions impacting the industry.
Specialty Insurers and their risk management partners find a way to keep historic vessels in use.
The risks of 3D printing include product liability, intellectual property, and safety and security issues.
E&S insurers and brokers are scrambling for market share, but remain confident of future growth.
It’s time to clarify the definition of private flood insurance to ensure that surplus lines insurers are part of the solution.
Insurers are increasingly focused on streamlining distribution.
It’s crucial that Congress pass TRIA reauthorization and NARAB early in 2015.
Niche risks like tattoo parlors and marijuana shops attract a special kind of broker.
Optimism about the opportunities in excess and surplus lines was strong during the NAPSLO conference.
Collectors of memorabilia and other items can obtain coverage and solid advice from a variety of specialty insurers.
The complexities and nuances of these risks make it impossible for risk managers to find total coverage.
Coverage for unmanned aircraft is just one new opportunity for the excess carriers.
Loss of value claims by NFL draft prospects should expect challenges in collecting.
Wholesale distributors should focus more on specialty insurance.
The ACA, TRIA and compliance issues top the list for brokers and agents.