All the headlines from our Underwriting Topic Page, ordered by recency.
Jul 1 2002 // The head insurance regulators of three key states have accepted invitations to speak at the Alliance/AAIS Joint Underwriting Conference, to be held in Chicago. Sharing their perspectives on the insurance industry at the...
Jun 28 2002 // First Federal Savings Bank, in Monessen, PA, recently purchased a majority ownership in Exchange Underwriters, Inc., an insurance agency in Canonsburg, a suburb of Pittsburgh.The financial terms of the acquisition were not...
Jun 27 2002 // The U.S. property/casualty industry’s net income after taxes dropped 7.3 percent to $5.1 billion in first-quarter 2002 from $5.5 billion in first-quarter 2001, according to just released information from Insurance...
Jun 26 2002 // Standard & Poor’s assigned its single-‘A’ counterparty credit and insurer financial strength ratings to U.K.-based Wellington Reinsurance Ltd; while A.M. Best rated the London based reinsurer A...
Jun 26 2002 // The hard market is having a serious effect on information processing according to a panel of experts established to discuss market conditions by Lloyd’s.Lloyd’s announcement indicated that a number of...
Jun 26 2002 // Due to a similarity in names, it was reported on the March 29 Insurance Journal Web site that The American Equity Underwriters Inc., an Alabama-based company, was closing its doors. In fact, the company closing its doors...
Jun 24 2002 // AscendantOne Inc. of Nashua, N.H., unveiled RiskFocus, an underwriting/rules engine facilitating automated underwriting and real time risk decision support across all personal and commercial lines of property &...
Jun 19 2002 // Triad Guaranty Insurance Corporation, a subsidiary of North Carolina-based Triad Guaranty Inc., has unveiled eU Xpress(SM), an electronic contract underwriting submission and approval system. The new tool is part of...
Jun 12 2002 // Seattle-based SAFECO has introduced its comprehensive plan for changing the way its business insurance is purchased, sold and serviced. The efficient service and pricing system—known as ESP—will deliver greater...
Jun 10 2002 // Before creating joint underwriting associations to provide difficult-to-obtain insurance, such as for medical malpractice or nursing homes, state regulators should encourage coverage by surplus lines’ insurers. The...
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location.The real question is whether it will stay that way or whether...
Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...
Jun 7 2002 // ProgramBusiness.com, a portal for retailers, wholesalers, MGAs and carriers, has opened ProgramBusiness.com Trading Floor, where retailers and wholesalers can post single accounts and books of business to be viewed by...
Jun 5 2002 // AscendantOne, Inc. has made available RiskFocus, a unified, comprehensive underwriting/rules engine for automated underwriting and real time risk decision support across all personal and commercial lines of property &...
Jun 3 2002 // Hub International Limited has completed the previously announced sale of its underwriting subsidiaries, Old Lyme Insurance Company of Rhode Island, Inc. and Old Lyme Insurance Company, Ltd. (Old Lyme) to Fairfax, Inc....
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance.While prices generally have been on...
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance.While prices generally have been on...
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance.While prices generally have been on...
May 21 2002 // The St. Paul Companies announced that Michael D. Price, 35, has been appointed chief underwriting officer at St. Paul Re, the group’s reinsurance operation, and eventually will hold the same post at Platinum...
May 17 2002 // Insurance Services Office, Inc. (ISO) has launched its new Automobile-Property Loss Underwriting Service (A-PLUSTM) database to provide insurers, brokers and agents comprehensive automobile loss information, so they can...