All the headlines from our Underwriting Topic Page, ordered by recency.
Aug 13 2004 // ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced two appointments in the U.S. operations of the ACE Global Energy division.Edwin Duffy was named senior vice president and Houston branch...
Aug 11 2004 // Allied World Assurance Holdings Ltd announced that its subsidiary, Allied World Assurance Company (U.S.) Inc., has expanded the capabilities of its New York office to underwrite excess liability and errors and omissions...
Aug 10 2004 // Vista Insurance Partners, a San Antonio, Texas-based wholesale insurance broker, announced the appointment of Margie Bishop as senior broker/underwriter.Bishop will work with current and new Vista agents to develop new...
Aug 6 2004 // Toronto-based Kingsway reported record net income for the second quarter of the year and first six months.Net income increased by 22% to $33.3 million, compared to $27.3 million reported in the second quarter of last year....
Aug 6 2004 // Insurance industry veterans James A. Fowler and John D. Keyes have joined Chicago-based Noodle Specialty Brokers (NSB), the newly formed division of InsuranceNoodle Inc., as senior vice presidents of underwriting. Noodle...
Aug 3 2004 // INAMAR, the marine marketing and underwriting division of ACE USA, announced the appointment of Linda Endress as assistant vice president and marine underwriting manager of INAMAR’s Marine Facilities Group (MFG)....
Jul 30 2004 // Initial review of the aggregate statistics of the U.K. nonlife primary market suggests that, as expected, 2003 saw a modest continuation of the improvement in underwriting results seen since 2000, according to a report...
Jul 29 2004 // Bank holding companies (BHCs) reported insurance or reinsurance income of $25.1 billion in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR) published by...
Jul 29 2004 // Chicago-based CNA Financial Corp. announced second quarter of 2004 results.Net income for the second quarter of 2004 was $289 million as compared with net income of $70 million for the same quarter of 2003. The increase...
Jul 29 2004 // U.S. Risk Insurance Group Inc. announced that Genia Walden, Carrie Keel and Joan Corder have joined U.S. Risk Underwriters in the company’s Dallas, Texas office. Walden will be a member of the Commercial Underwriting...
Jul 27 2004 // As 2002 fades from memory as the worst performance year by the Canadian property/casualty insurance industry, 2003, on the other hand, will be remembered for the industry’s return to underwriting profitability and...
Jul 23 2004 // XL Re Europe, the Continental Europe platform for the Reinsurance Operations of XL Capital Ltd., announced the appointment of Bertrand Romagné as senior vice president and head of the Property Treaty Department.Romagné,...
Jul 22 2004 // Acknowledging that Arkansas law imposes minimal restrictions on underwriting, the Arkansas Insurance Department nevertheless announced that it expects property and casualty insurers to give proper attention to the explicit...
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Jul 19 2004 // Whether real or imagined, the threat of construction defects litigation has burned through the residential contractors liability insurance market like a California wildfire. Over the past couple of years, contractors and...
Jul 19 2004 // Fitch Ratings has revised its rating outlook for the U.S. commercial lines insurance sector to stable from negative. Fitch had maintained a negative rating outlook on the sector since September 2000.The revised outlook...
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising, but the questions that today’s insurance underwriters ask about law firm accounts might be, as the attendees at a...
Jul 15 2004 // A group of private investors led by William Kronenberg, III, has completed its acquisition of designated assets of Professional Underwriters which include name, renewal rights and other undisclosed assets.Professional...
Jul 14 2004 // Marilyn Jacoby joined the Dallas/Fort Worth office of Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent Burns & Wilcox Ltd., in the position of underwriter,...