Maison Insurance Co., formed in 2012, is a Louisiana domiciled,
admitted company with its main office in Baton Rouge.
ADVANCE Alex Hynes of ScotRail
admitted company got advance funds, as revealed in our story yesterday
Praetorian now includes QBE Specialty Insurance Company, a surplus lines insurer, and its affiliated
admitted company, Balboa Insurance Company.
"The major problem is the sheer level of exposure; in an area like Houston, how much can an
admitted company pay without compromising surplus?" he asked.
Despite the absence of surplus lines financial impairments from 2004 to 2011, the surplus lines average FIF of 0.99% from 1977 to 2011 remains a bit higher than the
admitted company average impairment rate of 0.90%.
This review is very similar to the review conducted for an
admitted company. It is no less stringent, as surplus line companies are not subject to the Florida Insurance Guaranty Fund.
Sales in the UK and Ireland fell four per cent during the 13 weeks to January 26,
admitted company boss Lord Harris, above.
"It was certainly not cheap to build,"
admitted company spokesman, quantity surveyor John Furey, son of the founder, Connell.
But she
admitted company pressure is also keeping many people from saying what they think.
If the company has entered into third-party reinsurance treaties or has a fronting arrangement with an
admitted company, it is required to obtain permission from these parties to novate the old agreements.
