All the headlines from our Underwriting Topic Page, ordered by recency.
Oct 19 2007 // The Harry W. Gorst Co. based in Chatsworth, Calif., has promoted Sharon Babic to commercial lines underwriter. Babic began her career in insurance in 2003 as an account technician at a retail agency in Woodland Hills,...
Oct 18 2007 // R.E.Chaix & Associates announced that Jeannemarie Pettipas-Ross has joined the Northern California office in Napa as assistant vice president, underwriting. Pettipas-Ross began her insurance career in 1990 at a...
Oct 16 2007 // Burlington, N.C.-based TAPCO Underwriters Inc. (TAPCO) has introduced a specialty contractors program, offering monoline general liability coverages to agents in Texas, the company announced. TAPCO opened its Texas...
Oct 16 2007 // San Diego-based Appalachian Underwriters Inc. has a contractors general liability market available in California through independent agents. This program is backed by an admitted,A.M. Best Co. “A”-rated...
Oct 10 2007 // Flagstone Reassurance Suisse SA, a wholly owned subsidiary of Bermuda-based Flagstone Reinsurance Holdings Limited, announced it has entered into a Technical Underwriting Agreement with Imperial Reinsurance Company...
Oct 9 2007 // Auto insurers in Massachusetts will not be able to use credit scores to price or underwrite risks when the state enters its managed competition market next April.Insurance Commissioner Nonnie Burnes sided with consumer...
Oct 9 2007 // London-based Ascot Underwriting Ltd. has created new subsidiary in Houston, Texas – Ascot Underwriting Inc. The company said the move is part of Ascot’s plan to establish local underwriting platforms, and...
Oct 8 2007 // PeopleThe Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins on...
Oct 5 2007 // Pennsylvania-based Harleysville Life Insurance Co. says it sees great opportunity—and a natural market connection—for developing employee benefits programs through the commercial lines business generated by the...
Sep 25 2007 // The U.S. property/casualty insurance industry’s overall profitability as measured by its annualized rate of return on average policyholders’ surplus (or statutory net worth) slipped to 13.1 percent in...
Sep 24 2007 // The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct...
Sep 24 2007 // According to the Bank of America, more than $1.3 trillion in adjustable rate mortgages — 70 percent of them subprime — will reset before the end of 2008.The collapse of the subprime mortgage lending industry...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
Sep 24 2007 // Findings boast stellar results for London market with Lloyd’s leading the wayGuy Carpenter & Co., Marsh’s reinsurance broker and risk management division, has released “The Lloyd’s Market in...
Sep 24 2007 // Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward.Burnes is not naming the...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
Sep 24 2007 // The Inland Marine Underwriters Association’s (IMUA) Chicago-based Midwest Advisory Committee recently announced it will present a morning seminar, entitled “Questions You Always Wanted to Know the Answers to...
Sep 19 2007 // West Chester, Pa.-based Venture Insurance Programs named Michele Morrison as vice president of underwriting. Morrison will be responsible for the day-to-day oversight of Venture’s regional underwriting teams...