E&S/Specialty

There's been lot of talk on the acquisition front by excess and surplus lines insurers, but little action to date, even in a year that followed back-to-back declines in organic growth for the segment overall, according to a rating agency analyst.

Despite a 67 percent drop in net income in 2008, excess and surplus lines insurers are still strong, according to a rating agency report prepared for NAPSLO.

In July, Tracey Sharis, who manages health care, higher education and financial institution businesses for Lexington Insurance, provided some details of Pandemic Rx.

It is hurricane season, and there is no better time for our industry to rededicate itself to the basic underwriting principle of Insurance to Value.

While recent comments by Federal Reserve Chairman Ben Bernanke suggest the nearly two-year-long recession may be nearing an end, the economic downturn is likely to remain a force behind additional and potentially uninsured risks for a long time.

Putting a new label on CNA's excess-and-surplus lines business is just one small step in a building process being led by industry veteran John Angerami, the new head of CNA Select Risk.