Marshall P. Kath Elected President of NAPSLO
October 9, 2009 - Marshall P. Kath of Dallas, Texas, was elected President of the National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) at the Association’s 2009 Annual Convention in Orlando.

 

During the Association’s Annual Business Meeting NAPSLO member firms approved the slates of Officers and Directors that were submitted by the NAPSLO Nominating Committee. The business meeting took place on October 9 at the convention at the Orlando (Fla.) World Center Marriott Resort.

 

Mr. Kath was first elected to the Board of Directors in 2004 and most recently served as Secretary of the Association. He has also served as Treasurer and as Co-Chair of the Education and Legislative Committees.

 

Mr. Kath is also Chairman and CEO of Colemont Insurance Group, Inc. (CIG).  CIG is the holding company for the various Colemont Insurance Brokers’ offices around the U.S., as well as the company’s London and other international offices. Founded in 1992, Marshall has been with Colemont since its inception, initially as Chief Financial Officer. 

 

Prior to Colemont, he worked for Arthur Andersen and then a merchant-banking firm. He graduated from Montana State University in 1982 with a B.S. degree in Accounting.  He is a licensed CPA in Montana and Texas and is a member of the American Institute of CPA’s and the Texas Society of CPA’s.

 

NAPSLO members approved the following slate of officers proposed by the Nominating Committee:

• President - Marshall P. Kath, Colemont Brokerage Group, Inc., Dallas, Texas

• Vice President - Timothy P. Makowski, Specialty Lines Underwriters, Milwaukee, Wisconsin

• Secretary - Letha E. Heaton, Admiral Insurance Co., Cherry Hill, New Jersey

• Treasurer - Robert T. Sargent, CPCU, RPLU, ARM, Mercator Risk Services, Inc., Hartford, Connecticut

Members also approved the following slate of director nominees for three-year terms on the Board of Directors:

• Gregory T. Crouse - Crouse & Associates Insurance Brokers, Inc., San Francisco, California
• Gilbert C. Hine, Jr. - McClelland & Hine, Inc., San Antonio, Texas
• Matthew D. Nichols, ASLI - All Risks, Ltd., Hunt Valley, Maryland
• Michael P. Fujii - Endurance American Specialty Insurance Company, New York, New York
• Letha E. Heaton - Admiral Insurance Company, Cherry Hill, New Jersey

 

BACKGROUND

NAPSLO is a national trade association representing the surplus lines insurance industry.  Surplus lines is a specialized segment of the insurance business that is also referred to as non-admitted, specialty and/or excess lines.  Risks are placed with the surplus lines market when they cannot be placed in the admitted/licensed market. NAPSLO represents surplus lines insurance agents/brokers and surplus lines insurance companies.  NAPSLO has over 1,600 member offices in the United States, Canada, Germany, and England.