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Diversification is good, whether it's in your investment portfolio or your agency's book of business. Learn how to build a solid surplus lines business to keep your agency profitable, no matter the market conditions.

In his new role as Senior Vice President of Excess & Surplus Lines at Philadelphia Insurance Cos., Scott Bayer will be tasked with defining the carriers presence in the nonadmitted market, identifying profitable target niches, expanding the insurers product offerings to existing agents and expanding its distribution sources.

New programs and software from Victor O. Schinnerer, OneBeacon, The Insurance Automation Group and Digital Insurance. News from The Woodlands Financial Group, K2 Insurance Services and Swett & Crawford.

Potentially explosive cargo, stressful week-long drives and unpredictable weather conditions are just a few of the many risks trucking-company Quality Distribution Inc. (QD) has to overcome in transporting bulk items for clients such as DuPont, Bayer, Sunoco, ExxonMobil, Procter & Gamble and Unilever.

Early this month, First Mercury Financial Corporation announced one of its subsidiaries will buy Valiant Insurance Group for roughly $55 million.

Some vehicle history information providers have taken it upon themselves to disclose information and to decide how it will be shared without any insurance company involvement.

With two cornerstones of their market's operational framework under attack--niche underwriting and wholesale distribution--E&S lines brokers and insurers are finding it tougher just to stay even, let alone gain any ground.

Concerned about their reputation, more major companies globally are investing substantial resources to manage their reputation risk and have increased their efforts to do so, according to a new report from The Conference Board.