E&S/Specialty

With a deadline looming for states to adopt regulations over the collection and disbursement of surplus lines taxes to comply with provisions of the Nonadmitted and Reinsurance Reform Act, two competing proposals have developed, but inaction might be the best news MGAs and brokers could hear.

With an eye toward jump-starting national momentum for reform, a North Dakota committee became the country’s first legislative body to approve a Surplus Lines Insurance Multistate Compliance Compact (SLIMPACT) this month, with Kentucky close behind.

Building on a current strength, Risk Placement Services Inc. (RPS) aims to give agent and broker clients more local access to its broad array of product offerings in 2011, according to the leader of the nationwide specialty brokerage.

Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...

Cyber insurance is a complex, constantly changing product. A lot of energy and effort needs to be invested in understanding the coverage and exposure of this product, according to Jordan Kurkowski of Burns & Wilcox, who explains that the insurance product is in its infancy and grows with the expansion...

Every day small, medium and large businesses are victims of cyber crimes committed by hackers. Many insureds think their comprehensive general liability policies will cover these security breaches, but they are wrong.