All the headlines from our Underwriting Topic Page, ordered by recency.
Dec 19 2005 // An Alaska Superior Court recently ruled that credit history can be used in insurance underwriting. That is a major victory for consumers, according to the Property Casualty Insurers Association of America (PCI).“This...
Dec 18 2005 // Clint Bothwell has been named Southeast regional president for Harleysville Insurance and will work in its new Atlanta regional office. The company also named other regional field organization leaders as it realigned the...
Dec 18 2005 // Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications,...
Dec 13 2005 // W. R. Berkley Corporation reported the formation of Berkley Aviation, LLC. Berkley Aviation will write aviation risks on behalf of W. R. Berkley Corporation’s insurance company subsidiaries. Berkley Aviation will...
Dec 13 2005 // HCC Specialty Underwriters, Inc., a specialty underwriting agency subsidiary of HCC Insurance Holdings, Inc., announced that Glenn B. Dorr III has joined its Wakefield, Mass. office. Dorr has been in the insurance industry...
Dec 10 2005 // IPC Holdings Ltd. reported that one of its subsidiaries, IPCRe Underwriting Services Limited, had received notice of the intent of Allied World Assurance Company Ltd. to cancel the underwriting agency agreement between the...
Dec 8 2005 // Bermuda-based XL Capital Ltd. reported that the underwriters exercised their option to purchase an additional 5,076,900 ordinary shares in connection with XL’s previously announced plans to sell 33,846,000 of...
Dec 6 2005 // Big Sky Underwriters, an MGA located in Missoula, Montana, has announced that they are actively seeking new agent appointments in the State of Washington. BSU currently writes commercial, personal and agribusiness in...
Dec 6 2005 // GMI Insurance Services of Valley Forge, Pa. has been appointed as nationwide managing general underwriter on behalf of the XL Insurance companies in their Auto Rental and Business Auto Programs.
Dec 5 2005 // Insurer Performance Ranks Well on Average, But Many Could Improve on Key FactorsEase of Doing Business (EDB) has been a bit like the weather–everybody talks about it, but doing something about it is another matter....
Dec 5 2005 // Here are a few smaller and regional programs that are meeting specific needsPumped for profit Robin C. Brennan knows fuel dealers. She’s been handling their insurance needs since 1998. Brennan is a vice president...
Dec 4 2005 // Agencies that establish an effective centralized marketing department as part of an overall strategic plan will experience a significant competitive edge over their competitors who do not have such a department. This is...
Dec 4 2005 // Ease of Doing Business (EDB) has been a bit like the weather-everybody talks about it, but doing something about it is another matter. While you can’t change the weather, you can equip yourself and your organization...
Dec 4 2005 // The consolidation of insurance agencies has played a prominent role within the industry over the last 30 years. Now more than ever, however, such activity increasingly influences the average size of distributors, the scope...
Dec 4 2005 // Burns & Wilcox, a national specialty insurance managing general agency, has promoted Wayne Bates to director of the company’s Special Risk Division (SRD), International and promoted him to associate vice...
Dec 4 2005 // The National Alliance for Insurance Education & Research, Austin, Texas, has announced that two outstanding customer service representatives have received its National Outstanding CSR of the Year Award for 2005:...
Dec 4 2005 // Pumped for profitRobin C. Brennan knows fuel dealers. She’s been handling their insurance needs since 1998. Brennan is a vice president with the Managing Agency Group in Hartford, Conn., a subsidiary of Hilb Rogal...
Nov 30 2005 // A.M. Best Co. announced that it has downgraded the financial strength rating to “A-” (Excellent) from “A+” (Superior) of Allianz Marine & Aviation (France) (AMAF) and has removed the rating...
Nov 22 2005 // Investors Underwriting Managers has named Mike Kazanjian as associate vice president marketing. Kazanjian brings to IUM more than 20 years of experience in marketing and operations, serving the insurance industry. Just...
Nov 21 2005 // Underwriters and accountants will have many opportunities to advise companies in interpreting and implementing the Sarbanes-Oxley Act, but they should be aware of the increased exposure to risk, attendees at the most...