All the headlines from our Underwriting Topic Page, ordered by recency.
May 13 2005 // Pennsylvania-based Penn National Insurance has realigned the structure of its underwriting operations, resulting in the following position changes.Robert Brandon has been appointed vice president–underwriting...
May 12 2005 // Chicago-based wholesaler Specialty Underwriters’ Alliance Inc. announced a new partner agent contract with Specialty Risk Solutions, which is also based in the Windy City and specializes in the public entity segment...
May 12 2005 // Union General is now offering its producers an online underwriting and rating system for Mobile Home; Homeowners, and Dwelling Fire Business. The online system is more than just a rater – agents can type in the...
May 11 2005 // American Underwriting Managers announced that Sharon Ward has joined the company in its Southlake, Texas, office as senior underwriter/broker. Among her responsibilities will be property and casualty underwriting for Texas...
May 10 2005 // The property/casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-14 billion, according to a new study by Conning Research and Consulting Inc. However, the...
May 5 2005 // Toronto-based Kingsway Financial Services Inc. announced financial results in Canadian dollars for the first quarter ended March 31, 2005. The company has decided to defer its change to U.S. dollar reporting until the end...
May 5 2005 // Jeffrey Slivka and Timothy Farrell have joined New Day Underwriting Managers LLC, an environmental insurance wholesale firm, based in Bordentown, N.J. Slivka joins New Day Underwriting as senior vice president of...
Apr 25 2005 // The U.S. property/casualty industry reported improved operating results in 2004 for the second straight year, but for the first time since 1978, underwriting results were profitable, with a combined ratio of 97.9,...
Apr 22 2005 // The U.K.’s Chartered Insurance Institute (CII) and Allianz Cornhill, the U.K. subsidiary of Germany’s Allianz, announced the success of a program they’ve been sponsoring to reverse the perceived decline...
Apr 21 2005 // The Midland Company, a Cincinnati-based provider of specialty insurance products and services, announced record results for the first quarter ended March 31, 2005.Net income for the quarter was a record $21.5 million, or...
Apr 20 2005 // Specialty Underwriters’ Alliance Inc., a property and casualty insurer, announced the implementation of its collateral recovery customer class through its partner agent, AEON Insurance Group. Collateral recovery is...
Apr 19 2005 // Seattle-based Safeco on Tuesday reported strong first-quarter results for 2005.The company produced net income for the first quarter of $212.0 million, or $1.65 per diluted share. This compares with net income of $236.2...
Apr 19 2005 // Lloyd’s underwriters believe that buyers are more concerned about pricing than current insurance industry investigations – according to new research released Tuesday.The research* also reveals that underwriters...
Apr 18 2005 // The property/casualty insurance industry’s frequently volatile underwriting cycle is back with a vengeance and will have no mercy this time around, advises a top industry economist.The property/casualty financial...
Apr 15 2005 // Fitch Ratings announced that it has assigned an insurer financial strength (IFS) rating of ‘AAA’ to Assured Guaranty Corp. (AGC). Along with its affiliate company Assured Guaranty Re International (AGR), whose...
Apr 13 2005 // Jerry O’Neill has been named NBIS vice president of underwriting. O’Neill comes to NBIS with more than 20 years of insurance experience in the brokerage and reinsurance community. Having held multiple senior...
Apr 12 2005 // Benefiting from a rare profit on underwriting and investment gains, the U.S. property/casualty insurance industry’s net income after taxes rose 29 percent to a record $38.7 billion in 2004 from $30 billion in...
Apr 8 2005 // Lloyd’s CEO Nick Prettejohn, speaking at the FSA insurance conference on Thursday, April, 7, outlined six “strategic challenges” facing the general insurance industry, which he also indicated was by no...
Apr 7 2005 // Pennsylvania-based Harleysville Group Inc. announced the appointment of Henry Jacobs as vice president of workers’ compensation underwriting. In this new position, he is responsible for directing Harleysville’s...
Apr 7 2005 // The property/casualty industry’s frequently volatile underwriting cycle is back with a vengeance and will have no mercy this time around, Robert Hartwig, senior vice president and chief economist for the Insurance...