Annual S/L premium grows to record high $9.1 billion

Annual S/L premium grows to record high $9.1 billion

Surplus lines writings of $9.1 billion in Texas for 2021 represent a 14.9 percent increase compared with 2020, making it the highest year of surplus lines premium in Texas history, according to the Surplus Lines Stamping Office of Texas. Each month of 2021 set a new...
Kaufman: Shortage of insurance talent creates talent war

Kaufman: Shortage of insurance talent creates talent war

The insurance world has a talent shortage, and currently there is a talent war going on, Alan Jay Kaufman, president of the Kaufman Group, said when he was interviewed by John Weber for AM Best TV at the WSIA Conference in San Diego on Nov. 18.   There is a...
Price improvement brings renewal season joy for London

Price improvement brings renewal season joy for London

London ViewsBy LEN WILKINSLondon Correspondent As usual, at the end of the renewal season the major brokers produced detailed year-end reinsurance renewal reports, and underwriters will be purring as they read about the continuing improvements in the price and...
A Real Checklist for Real Disasters

A Real Checklist for Real Disasters

By MICHAEL G. MANES Manes and Associates Editor’s Note: The following is a message our readers have received from Mike Manes before. Not a copy and paste, but a reiterated message especially important now as disasters occur around us. Disasters happen… and not always...
Insurers file lawsuit against ERCOT and power companies

Insurers file lawsuit against ERCOT and power companies

More than 100 Texas insurers jointly filed a lawsuit on Dec. 28 against the Electric Reliability Council of Texas (ERCOT) and 37 power generation companies for failing to provide households and businesses across Texas with power during the winter freeze last February....
Perrigo installed president Tarrant County Professionals

Perrigo installed president Tarrant County Professionals

Like so many others, Bobbie Perrigo, the newly installed president of Tarrant County Insurance Professionals, fell into the insurance industry a bit by accident. Her first career choice was flight attendant. Perrigo left Old Dominion University where she was beginning...