All the headlines from our Underwriting Topic Page, ordered by recency.
May 21 2007 // To view the “How to Write Insuring Tough Products Liability Accounts” seminar or any of the seminars in the “How to Write” Series, visit: www.insurancejournal.com/seminars for a link to free...
May 21 2007 // McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office.Van Stavern brings experience in the health care industry, where he held positions...
May 18 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to “B+” (Good) from “A-” (Excellent) and issuer credit rating (ICR) to “bbb-” from “a-” of Merchants...
May 16 2007 // Nationwide managing general agency Appalachian Underwriters, Inc. of Oak Ridge, Tenn., has completed the purchase of the renewal rights to the brokerage business of Creative Insurance Underwriters in Florida. “It was...
May 15 2007 // Dallas-based PWIB Texas announced that Holly Mendez has joined the firm as senior broker/underwriter. Mendez formerly was associated with other leading insurance wholesalers, having served in the industry in brokerage and...
May 15 2007 // Wholesale broker AmWINS Group, Inc. has agreed to acquire American Equity Underwriters, Inc. (AEU), a Mobile, Alabama-based national provider of insurance programs for maritime employers with expertise in United States...
May 11 2007 // The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings...
May 11 2007 // San Francisco-based Majestic Insurance Co., the U.S.-based primary insurance subsidiary of CRM Holdings Ltd., has appointed James C. Kilduff as senior vice president of underwriting. Kilduff has more than 26 years of...
May 9 2007 // The Bermuda-based Max Capital Group Ltd. reported net income for the three months ended March 31, 2007, of $80.0 million, or $1.24 per diluted share, compared to net income of $75.3 million, or $1.19 per diluted share, for...
May 9 2007 // Louisiana-based wholesaler/managing general agency Ark-La-Tex Underwriters Inc. announced that Chris Weego has joined the firm as a commercial underwriter/marketer. Weego is experienced and has good knowledge of the...
May 8 2007 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook.“The...
May 7 2007 // An ever-expanding health care and quasi-health care services environment has placed the role of physicians in a constant state of flux. So, what new exposures will be faced by medical professional liability underwriters...
May 7 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
May 7 2007 // Expect new exposures as practitioners replace physicians as supervisors and nanotechnolgy and stem cell research growAn ever-expanding health care and quasi-health care services environment has placed the role of physicans...
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peakAnother report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
May 7 2007 // Steve Taylor has been promoted to regional sales director for Encompass Insurance in New York and New Jersey.Taylor joined Allstate in 1978 as an underwriter trainee. He was promoted to various management positions in...
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from stormsWarns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
May 2 2007 // Burns & Wilcox announces that Aaron Woods has joined the company’s Los Angeles office, which is located in Woodland Hills, Calif., as a personal lines underwriter/broker. Previously, Woods spent three years as a...