All the headlines from our Underwriting Topic Page, ordered by recency.
May 15 2002 // A new underwriting system providing users with production efficiencies, advanced rules enforcement, systems control and graphic reporting capabilities, will be unveiled by Insurance Data Processing (IDP) at IASA 2002,...
May 14 2002 // The St. Paul Companies has formed a new underwriting operation that will target large national and regional property risks in the U.S. The new operation, Property Solutions, will offer a full range of property insurance...
May 13 2002 // After suffering its first ever net loss in 2001,an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of 2002...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
May 13 2002 // After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
May 9 2002 // Citing improved results in its specialty underwriting operations and continued profitability in its agency and fee-based business, alternative risk management specialist Meadowbrook Insurance Group Inc. of Southfield,...
May 8 2002 // Iowa-based Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., announced a net after-tax loss of $4.3 million, or $0.30 per...
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has every heaped upon the consumer.Insurance companies, consumer advocates and regulators just cannot...
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has ever heaped upon the consumer.Insurance companies, consumer advocates and regulators just cannot...
Apr 24 2002 // California-based Zenith National Insurance Corp. announced its workers’ compensation subsidiary, Zenith Insurance Company (Zenith), has gone into production with an ACORD 1.0 XML interface with Superior Access...
Apr 16 2002 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, has contracted with New-Hampshire based Cogentric to utilize Cogentric’s Alcon Security Systems to help businesses manage cyber risks. LIU...
Apr 8 2002 // Brokers, agents and underwriters alike are learning a new way to do business in the hard market, which has meant getting back to basics with more complete and professional submissions as well as better communications...
Mar 27 2002 // American Re-Insurance Company announced the appointment of a new senior management team to direct the five Strategic Business Units of its U.S. property casualty underwriting operations, as well as the appointment of chief...
Mar 25 2002 // The things businesses do not know about their potential liability for what employees do in cyberspace have the potential to become a serious problem.Recent surveys indicate that many businesses do not realize that simply...
Mar 25 2002 // PAULA Financial announced that its underwriting subsidiary, PAULA Insurance Company, will voluntarily cease underwriting workers’ compensation business effective immediately.The decision comes as a result of claims...
Mar 25 2002 // The insurance industry would like the public to believe they have found the holy grail of underwriting: credit scores. Since they now have this vehicle to make sure that only good drivers get good rates and bad ones pay...
Mar 11 2002 // Legislative action was completed March 6 on Utah House Bill 110 after the bill was amended to allow insurers to use credit-based insurance scores for initial underwriting in auto insurance. On rates, the bill still allows...
Mar 11 2002 // When the prospect of selling insurance over the Internet first reared its head, one of the initial impressions it left was that it posed a threat to independent insurance agents and brokers. Futurists proclaimed a new...