All the headlines from our Underwriting Topic Page, ordered by recency.
May 3 2004 // Insurance Journal Magazine • March 8 issue “Fascinating article. I now know what to ask and look for when my EPL comes up soon.” — Joyce Nielsen, Exeter, Calif.
Apr 23 2004 // Standard & Poor’s Ratings Services announced the affirmation of its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co. (Avemco), U.S. Specialty...
Apr 21 2004 // Sheboygan, Wis.-based regional property/casualty insurer ACUITY recently promoted Laura Ramos to commercial staff underwriter. Since joining ACUITY in January 2001, Ramos had been a commercial lines underwriter. Prior to...
Apr 20 2004 // Willis Group has also issued a report on market conditions in the industry (see related articles). The international broker said it had reached the following conclusions: — Competitive conditions return to certain...
Apr 14 2004 // The property/casualty insurance industry’s net income after taxes rose to $29.9 billion in 2003 — nearly 10 times the industry’s $3 billion in net income in 2002.Benefiting from both the $29.9 billion in net...
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
Apr 5 2004 // One of the most contentious issues surrounding homeowners insurance this year is insurer use of prior loss history databases. Although spurned in the press as the “new database used to cancel policies” or the...
Apr 5 2004 // Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas recently for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting &...
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high value, a dream home requires special handling from property insurers. High value homes represent a growing segment of the over 81 million single-family homes in...
Apr 5 2004 // Many recent media accounts would have us believe that prior loss history reports have single-handedly caused an availability crisis and have halted the sale of existing homes.One of the most contentious issues surrounding...
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
Apr 5 2004 // Writing surety bonds is a niche that perfectly illustrates why specialization is so important in the insurance industry. Bond underwriters need to exercise the utmost caution when issuing bonds, and they need to make sure...
Apr 5 2004 // Many recent media accounts would have us believe that prior loss history reports have single-handedly caused an availability crisis and have halted the sale of existing homes.One of the most contentious issues surrounding...
Apr 2 2004 // Bermuda-based Arch Capital Group Ltd. announced that the underwriters of the Company’s recent stock offering have exercised their option to purchase an additional 263,750 common shares at the offer price of $40.00...
Mar 25 2004 // Jeffrey Kapp has been promoted to vice president and general manager of underwriting for Wausau Insurance, based in Wausau, Wis. Kapp brings a multiline underwriting background from positions held with Wausau and...
Mar 22 2004 // Workers’ compensation executives from across the nation gathered last month for the annual American Society of Workers’ Comp Professionals Inc. (AMCOMP) conference in Las Vegas where members heard the industry...
Mar 22 2004 // No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States.On a calendar year...
Mar 17 2004 // Standard & Poor’s has affirmed its ‘AA’ counterparty and financial strength ratings on Top Layer Reinsurance Ltd. The outlook is stable.Top Layer Re is a 50%/50% joint venture between State Farm...
Mar 11 2004 // Chicago-based brokerage giant Aon Corp. has formed Aon Alternative Risk Underwriting (ARU), a managing general underwriter that provides group captive solutions for middle-market U.S. companies.Working through independent...
Mar 10 2004 // Chicago-based CNA Surety Corp. announced that Douglas W. Hinkle has joined the company as chief underwriting officer. Hinkle comes to CNA Surety with more than 25 years of insurance experience. Most recently, he was a...