All the headlines from our Underwriting Topic Page, ordered by recency.
Aug 8 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses.Powered by the best underwriting results in almost three decades,...
Aug 4 2005 // Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported continued improved results for its second quarter and first half ended June 30, 2005.For the 2005 second quarter, SCPIE reported...
Jul 29 2005 // Bermuda-based Platinum Underwriters Holdings Ltd. announced it has appointed Michael D. Price to serve as its chief operating officer, subject to the approval of the Bermuda Department of Immigration. In this capacity,...
Jul 29 2005 // The Office of the Comptroller of the Currency (OCC) reported today that it has found significant easing in both commercial and retail credit underwriting standards over the past year.The OCC’s eleventh annual Survey...
Jul 28 2005 // Hedge funds are increasingly drawn into insurance underwriting business in an ever-ending search for alpha for their investors, according to experts at www.hedgeco.net.New reports show that hedge fund managers have been...
Jul 27 2005 // A new urban insurance underwriting methodology that uses what its creators say are sophisticated data mining technology and new sources of information beyond traditional credit scores may help insurers better analyze risk...
Jul 20 2005 // Market conditions for the first quarter of 2005 have become increasingly favorable, and the Willis Index shows that respondents are now beginning to acknowledge that premium rates are decreasing for many financial...
Jul 20 2005 // Burns & Wilcox has announced the appointment of Susan Johnson as an assistant underwriter of transportation/inland marine for its Morehead City, N.C. office; and James Goodman has been named a personal lines...
Jul 19 2005 // The Oregon Insurance Underwriters Association (OIUA) and The Oregon Chapter of CPCU have announced the date for this year’s annual industry golf tournament and awards luncheon. The event will be held on Friday, Aug....
Jul 19 2005 // Affirmative Insurance Holdings Inc., a producer and provider of personal non-standard auto insurance, announced the completion of a previously announced acquisition of the assets of IPA LLC, an underwriting agency with...
Jul 19 2005 // Hiscox plc has announced a number of appointments to expand its presence and distribution in the U.S. market.Ed Donnelly joins Hiscox with immediate effect in the newly-created position of president of Hiscox USA. He will...
Jul 18 2005 // The Ohio Casualty Insurance Co. announced that Ralph S. Michael III, 50, has been named president and chief operating officer of the company, effective July 25, 2005. Michael comes to the Fairfield, Ohio-based company from...
Jul 18 2005 // Insurers have long sought the right of reimbursement in Texas and, in the right circumstances, the court’s opinion will provide a valuable tool.The most significant Texas insurance case this year is the Texas Supreme...
Jul 18 2005 // Majestic Insurance Company announced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to joining Majestic,...
Jul 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...
Jul 18 2005 // The most significant Texas insurance case this year is the Texas Supreme Court’s recent opinion in Excess Underwriters at Lloyds, et al v. Frank’s Casing Crew & Rental Tools, Inc., No. 02-0730 (Tex., May...
Jul 15 2005 // Fitch Ratings has affirmed the ‘A-‘ long-term and senior debt ratings and ‘BBB+’ preferred stock rating on RenaissanceRe Holdings Ltd. (RenRe).Additionally, Fitch has affirmed the ‘BBB+’...
Jul 14 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses.Powered by the best underwriting results in almost three decades,...
Jul 12 2005 // La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker, introduced its newest team member, Debbie Harrington. Harrington joined the First Premium staff as a commercial...
Jul 8 2005 // Boston, MA and Dallas, TX – Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and ProTexn, Inc. announce that CPAEssential(SM), an accountants’ professional liability policy designed...