All the headlines from our Underwriting Topic Page, ordered by recency.
Jan 7 2007 // News CurrentsDriven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through nine months. The...
Jan 7 2007 // In this soft market, opportunities are once again strong for employment practices liability insurance (EPLI) program business. However, this time there are markets that have matured with the product and are in a position...
Jan 7 2007 //
Jan 7 2007 // Contractors, project owners, and project finance professionals are increasingly interested in the niche market of contractors’ professional liability insurance (CPLI), according to a recent survey of insurers writing...
Jan 3 2007 // As of Jan. 2, Universal Underwriters Group will adopt the brand name of Schaumburg, Ill.-based Zurich in a further step of its ongoing integration with Zurich North America Commercial (ZNAC).While aligning its market...
Jan 3 2007 // CenCal Insurance Services Inc., Danville, Calif., has named George A. Smith transportation underwriting manager. He has 24 years of experience in transportation and commercial underwriting.
Dec 29 2006 // Munich Re isn’t the only major insurance organization to express the industry’s collective sigh of relief as the year 2006 expires with relatively few major catastrophe losses (See related article above)....
Dec 27 2006 // Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through nine months. The net gain on...
Dec 27 2006 // BrickStreet Mutual Insurance Co. announced five new members to its West Virginia underwriting team.Daniel Feigel will serve as an underwriter for the Coal Business Team. He previously worked as a coal underwriting...
Dec 25 2006 // JANUARYHallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Dec 24 2006 // PeopleMembers of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas...
Dec 24 2006 // E&O, Professional/Management LiabilityNew P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for...
Dec 24 2006 // JANUARYHallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Dec 22 2006 // In separate bulletins, A.M. Best Co. announced that it has upgraded the financial strength rating to “A” (Excellent) from “A-” (Excellent) and the issuer credit rating (ICR) to “a” from...
Dec 21 2006 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on United Fire & Casualty Co. and its wholly owned subsidiaries to ‘A-‘ from...
Dec 20 2006 // Catlin Group Limited announced the opening of its new Underwriting Floor in London.The new facility, located on the Upper Ground Floor of the London Underwriting Centre (also Catlin’s London headquarters), covers...
Dec 15 2006 // The Bermuda-based Catlin Group Limited announced plans to establish four new European offices in early 2007 in Paris, Barcelona, Zurich and Innsbruck. “The new locations will build on Catlin’s strategy to open...
Dec 11 2006 // Editor’s note: This is the first installment in a three-part series discussing the anatomy of a claims made policy. Parts II and III will be printed in future issues of Insurance Journal’s West region...