All the headlines from our Underwriting Topic Page, ordered by recency.
Feb 23 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 more than 81 million single-family homes...
Feb 23 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies, and...
Feb 23 2004 // In the last year, policymakers have crafted more measured responses to political concerns about insurers’ use of credit information. Such a balance is lacking in the Missouri proposal. Property/casualty...
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Feb 23 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...
Feb 19 2004 // A.M. Best Co. affirmed the “A” (Excellent) financial strength rating of General Insurance Corporation of India (GIC) (Mumbai, India) and the “A” (Excellent) rating of New India Assurance Company...
Feb 10 2004 // While underwriting improved, with a year-end 2003 combined ratio forecast at 101.1, the property/casualty industry has a long way to go before strong returns can be achieved, according to A.M. Best Co.’s annual...
Feb 10 2004 // Chubb announced that it has established Chubb Marine Underwriters within its commercial insurance operation to provide marine products and services to the global insurance market.The new unit, headquartered in New York...
Feb 9 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Feb 9 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Feb 9 2004 // The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897.“I’ll never insure a gasoline can on wheels,”...
Feb 9 2004 // Fitch Ratings assigned a “BBB” long-term rating to RLI Corp. (RLI) and a “BBB” rating to RLI’s 5.95 percent senior unsecured notes due in 2014. In addition, Fitch assigned “A”...
Feb 5 2004 // San Antonio-based Argonaut Group Inc. announced financial results for the three months and full year ended Dec. 31, 2003.Highlights for the 2003 fourth quarter and full year include the following: · Argonaut Group’s...
Feb 5 2004 // The Hartford announced that it’s broadening its definition of small businesses and plans to offer more tailored coverages from more “dedicated underwriters” and faster responses to the needs of the...
Jan 30 2004 // Insurance Services Office Inc. (ISO) has acquired Quality Planning Corporation (QPC), a San Francisco-based provider of analytic methods for helping auto insurance companies achieve greater rating integrity. Terms were not...
Jan 29 2004 // Lloyd’s has renewed its licensing agreement with Insurance Services Office, Inc. (ISO), which reportedly significantly expands the range of underwriting and claims products and services it can use in the U.S....
Jan 26 2004 // Ohio Insurance Director Ann Womer Benjamin’s first year in office since her appointment by Republican Gov. Robert Taft has been marked principally by her efforts to get a handle on the state’s medical liability...
Jan 26 2004 // As you have no doubt heard by now, this hard market is not just longer; it is fundamentally different. It is by all reports the most moderate in memory, characterized by fewer and less dramatic disruptions of normal market...
Jan 19 2004 // Benfield, an independent insurance intermediary, has released a new report, which concludes that despite “ample capacity and signs of resurgent competition, the reinsurance market generally maintained underwriting...