November 2021
Texas Surplus Line Reporter
We are insurance industry professionals working
and writing about this business for over 40 years.
Articles
Homeowner insurer FedNat begins Texas withdrawal
FedNat Holding Company announced Nov. 8 in a report on its third quarter results that it plans to exit the Louisiana and Texas homeowners insurance markets and run off its subsidiary, Maison Insurance Company. The company cites hurricane related losses over the past...
Finke becomes president of FIWT for 2021-2022
All set to play off a 20/20 theme of perfect vision, Sue Finke, was forced to adapt as she served a double term as president-elect of the Federation of Insurance Women of Texas. With travel curtailed since March 2020 due to the pandemic, FIWT kept statewide...
FIWT members merit honors for leadership and service
Highlighting the 77th Annual Federation of Insurance Women of Texas Convention was the presentation of the association’s annual awards for leadership and community service. The FIWT also conferred its CIPT designation on seven candidates who made up the fifth class of...
APCIA explains the validity of automobile rating factors
With regulators’ renewed focus on potentially discriminatory factors affecting high rates for automobile insurance, the American Property Casualty Insurance Association released a white paper, Behavioral Validation of Auto Insurance Rating Variables, which explains...
Katie Johnson reinstalled president of HIP
Community service tops the priority list of Emma Kate “Katie” Johnson, president of the Harlingen Insurance Professionals, a group of about 21 members who join Johnson in her passion. Johnson referred to herself as a “servant leader.”HIP held its own in supporting the...
Due diligence: Paralysis by analysis
By MICHAEL G. MANES Manes and Associates Dale Dauten is one of my favorite writers. His weekly syndicated column, The Corporate Curmudgeon, appears in about a hundred newspapers. To me, one of his most memorable columns was published in July 2003, Innovation Comes...
First investor in Lloyd’s cell opens the door to ILS trading
London ViewsBy LEN WILKINSLondon CorrespondentOn Nov. 10 Lime Street announced that Ontario Teachers’ Pension Plan Board will be the first investor to provide capital for Lloyd’s London Bridge Risk Protected Cell Company that will offer Insurance Linked Securities...
News In Brief
News in Brief
PEOPLE On Nov. 11, LUBA Workers’ Comp announced the addition of two executives to its leadership team. Luke Blalock was hired as vice president, controller, a new position for the company, and Ryan Inzenga as assistant vice president, underwriting manager. Blalock...