E&S/Specialty

Surplus lines producers who previously saw technology as a source of disruption to their business model, and retail agents who once had limited access to global specialty markets, are having their needs addressed, executives said here.

Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.

With summertime in full swing, many people have turned their attention to fun in the sun, making it a busy time for organized sports activities

Breckenridge IS, Inc., a specialty underwriter and program management company, has acquired specialty broker Overby-Seawell Company for undisclosed terms, the company announced.

A recent U.S. Supreme Court decision upholding the right of a municipality to examine the text messages of a public employee has created speculation that the ruling could set a precedent for private employers or others.

A group of domestic insurers has responded to a YouTube video opposing an offshore insurer tax increase with its own video in support of the measure.

A U.S. District Court judge has elected not to grant an injunction requested by wholesale broker CRC Insurance Services Inc. against former employees now with competitor Ryan Specialty Group's R-T Specialty of Illinois, LLC (RTS).

The Excess Line Association of New York (ELANY) has appointed Jasmin Chen Johnson as financial director.