January 2022
Texas Surplus Line Reporter
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and writing about this business for over 40 years.
Articles
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
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
London ViewsBy LEN WILKINSLondon CorrespondentAs 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
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
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
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...
TDI’s 2021 disciplinary orders recapped
Over the course of 2021, the Texas Department of Insurance levied $8.82 million in administrative penalties or fines through enforcement orders against insurers, brokers and agents. This amount does not include administrative penalties that were invoiced and paid...
Seven fraudsters added to Insurance Fraud Hall of Shame
The Coalition Against Insurance Fraud, a Washington, D.C.-headquartered association of academics, consumer groups, insurers, and government agencies involved in the fight against insurance fraud, made its annual pronouncement of top insurance fraudsters for 2021,...
News In Brief
News in Brief
MEETINGS/EDUCATION The Federation of Insurance Women of Texas will hold the FIWT Leadership and Education Mid Year Expo at the Hilton College Station, April 22-23. The event will include continuing education and CIPT classes, as well as the second annual Bunco...