Agency Management

"Coverholder business has become an absolute priority for Lloyd's," according to Adam Stafford, senior project manager of market operations for Lloyd's.

Premiums written by the U.S. excess and surplus lines market fell nearly 5 percent to $11.5 billion in the first-half of 2010, according to a report prepared by Highline Data exclusively for National Underwriter.

One evening while attending a cocktail party with his wife for a local school function, Scott Addis was engaged in a conversation when someone interrupted, praising him for his community involvement.

The question posed to readers of National Underwriter for this column was provocative: "Is it ever ethical to be unethical?"

The Florida Office of Insurance Regulation has approved an average statewide homeowners insurance rate increase for Citizens Property Insurance Corp. of 10.3 percent--slightly more than the state-run insurer asked regulators to approve.

In seeking directors and officers' coverage Peter G. McDonough, general counsel for Princeton University, said he is primarily concerned with defense cost certainty. "Retention is what I really care about."