All the headlines from our Underwriting Topic Page, ordered by recency.
Jan 16 2004 // Bermuda-based Aspen Insurance Holdings Limited announced that, subject to regulatory filings, it will expand its U.S. property reinsurance underwriting as of January 26, 2004 through the formation of a new property...
Jan 14 2004 // Richard Swoy, chairman of Irvine, Calif.-based Superior Access Insurance Services Inc. has announced that a new specialty program is available to California agents and brokers having problems placing homeowners’...
Jan 13 2004 // ACE Tempest Reinsurance Ltd. (ACE Tempest Re) and AIR Worldwide Corporation (AIR) announced the first implementation of an innovative toolset, CATools, which reportedly significantly increases the efficiency of the...
Jan 12 2004 // Nuts & Bolts: Superior Access Insurance Services Inc. has a new, non-underwritten homeowners program now available in California, which is virtually non-underwritten. Designed for homeowners in hard to qualify areas...
Jan 12 2004 // Fitch Ratings has assigned a ‘BBB’ long-term rating to RLI Corp. and a ‘BBB’ rating to RLI’s 5.95 percent senior unsecured notes due 2014. In addition, Fitch has assigned ‘A’...
Dec 23 2003 // According to a report released by the Insurance Services Office Inc. (ISO) and the National Association of Independent Insurers, the U.S. property/casualty industry’s net income after taxes increased to $21.1 billion...
Dec 22 2003 // The Independent Insurance Agents of New Jersey recently provided input to the New Jersey Department of Banking and Insurance (DOBI) on several proposed regulations implementing the “Competition and Choice Act signed...
Dec 19 2003 // A.M. Best Co. announced that it has affirmed the ‘A-‘ (Excellent) rating of Lloyd’s Syndicate 570 and the ‘A’ (Excellent) ratings of Syndicates 609 and 382.Syndicate 570 is managed by Atrium...
Dec 15 2003 // The property/casualty industry reported strong premium growth and vastly improved underwriting results during the first nine months of 2003, compared with the same period of 2002, according to A.M. Best Co.Driving these...
Dec 15 2003 // With the clock ticking down on 2003, it’s only natural to begin forecasting the key trends that will impact the insurance industry in 2004. Like Thanksgiving turkey that can be served many ways but never seems to be...
Dec 15 2003 // With the clock ticking down on 2003, it’s only natural to begin forecasting the key trends that will impact the insurance industry in 2004. Like Thanksgiving turkey that can be served many ways but never seems to be...
Dec 12 2003 // In an open letter to New Jersey’s Assistant Insurance Commissioner Wheeler, the Professional Insurance Agents of New Jersey commented on two proposed rules he is considering: Private Passenger Automobile Insurance;...
Dec 11 2003 // As the property and casualty industry begins to settle into more stable pricing, there continues to be aberrations in certain coverages. D&O, medical malpractice and workers’ compensation are among the coverages...
Dec 10 2003 // Berkley Medical Excess Underwriters, LLC, an underwriting management unit of W. R. Berkley Corporation, announced the appointment of Todd Brown to the position of vice president, underwriting. Berkley Medical Excess...
Dec 4 2003 // ACE USA announced the appointment of William Wise, vice president, to lead its stand-alone Terrorism Underwriting Unit.Based in Philadelphia, Wise will have overall responsibility for the marketing and underwriting...
Dec 2 2003 // C. Roy Bridges, regional executive vice president of Brown & Brown Inc., and Geoffrey Hughes and Nancy D. Hughes, principals of Energy and Marine Underwriters Inc. of Kenner, La., announced the asset acquisition of...
Dec 1 2003 // The December 2002 Insurance Journal “program directory” issue highlighted eight programs that the editorial staff considered to be unique, interesting or tough to find. This year we’ve added one more to...
Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...
Dec 1 2003 // Over the past several years, launching new insurance programs—both from the perspective of potential producers (MGAs, retail agent groups, and wholesalers) and the specialty insurance carriers—has been difficult. The...
Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...