A panel of the 5th Circuit Court of Appeals ruled this week that a Louisiana statute voids the formation of an arbitration clause in a surplus lines insurance contract. In its opinion, the appellate court reasoned that the general principles …
In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar Kevin Durant’s penthouse in …
Subrogation professionals are often required to deal with a variety of insurance companies, including those admitted or licensed to transact business in a particular state and those which are not. Understanding the difference can assist the claims handler and subrogation …
The amount of surplus lines insurance premium written in Texas rose by 25 percent as of the end of October compared with the same period the year before, signaling a boost to companies operating in this sector. The state of …
Ken Russo has joined American Safety Insurance as vice president – Excess Casualty Underwriting and will be responsible for the expansion of ASI’s excess casualty products. Russo has forty years of experience in the casualty underwriting market. Prior to joining …
A new agreement on surplus lines insurance means Mississippi should get about $16 million in tax revenue of which about $10 million will go into the state’s wind pool, according to Insurance Commissioner Mike Chaney. Chaney, speaking Thursday in Pascagoula, …
Clearwater, FL, 6/9/11 – Atlantic Specialty Lines, Inc. Shane joins ASL of FL handling placement of all lines of commercial coverage for the Surplus Lines market. He has a concentrated expertise in construction related risks as well as hospitality, environmental, …