All the headlines from our Underwriting Topic Page, ordered by recency.
Dec 10 2006 // PeopleThe Texas Surplus Lines Association Inc. announced the election of the following officers and directors: President Len Kaplan, executive vice president and CFO, Delta General Agency, Houston; Vice President Lana...
Dec 10 2006 // With rapid innovations in the field of information technology, types of underwriting that didn’t exist a few decades ago have become prominent today. For example, companies engaging in information technology business...
Dec 10 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...
Dec 10 2006 // News CurrentsSpurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to...
Dec 6 2006 // Fitch Ratings has upgraded its issuer default rating (IDR) on Arch Capital Group, Ltd. to “A-” from “BBB+” and its rating on Arch’s $300 million of senior unsecured notes due 2034 to...
Dec 5 2006 // Britt/Paulk has hired two underwriters to join its Carrollton, Georgia office.David Campbell is now underwriting operations manager, while James Swing has been hired as equipment chief underwriting officer. Campbell has 25...
Dec 5 2006 // Markel Underwriting Managers, Inc. is the new name for Investors Underwriting Managers, Inc.Glen Curley, president and chief operating officer, said the new name went into effect Dec. 1. The switch to Markel Underwriting...
Dec 1 2006 // OneBeacon Insurance Group has acquired ownership of National Marine Underwriters, a yacht-specialty managing general agent with a 20-year history of writing recreational marine business. National Marine Underwriters will...
Dec 1 2006 // ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
Nov 30 2006 // Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
Nov 29 2006 // In addition to its new office in Delaware, niche general insurance agency Britt/Paulk has added another office in Atlanta. Lisa Finch will join the Britt/Paulk team as underwriting manager for builder’s risk and will...
Nov 29 2006 // Major global political and business leaders say energy issues are high on their agenda and that the demands and risk transfer needs of this sector pose challenges and opportunities for insurers and reinsurers.At Swiss...
Nov 28 2006 // Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Urban Insurance Partners...
Nov 17 2006 // Beazley Group plc announced that to strengthen its U.S. commercial property team ahead of its launch in the admitted market the company has hired Neil Brown as the senior underwriter for its central region, based in...
Nov 14 2006 // The U.K.’s Royal & Sun Alliance Insurance Group plc has acquired Martello Underwriting Limited for £38.5 million ($73.2 million) payable in cash. The transaction is subject to regulatory approval....
Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...
Nov 14 2006 // Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to drive...
Nov 10 2006 // Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program.The company also announced that three underwriters...
Nov 9 2006 // A bulletin on the Lloyd’s Website (www.lloyds.com) announced that its underwriters are “to provide the capacity for what is believed to be a world first for shipowners. The policy, Seacure60 is a cancellation...
Nov 7 2006 // Zurich Financial Services Group has announced the launch of an innovative approach to multinational insurance coverage, which it described as incorporating “all foreign premium tax and licensing obligations into a...