All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 26 2001 // Zurich North America Surety announced it has established dedicated teams to manage its Commercial Surety line of business. Previously, many of the company’s field representatives were responsible for handling both...
Jun 25 2001 // Pasadena, Calif.-based PAULA Financial (PAULA) and the managing general agency Great Northern Underwriters (GNU) of Portland, Ore., recently entered into a partnership, the first step of which entails the incorporation of...
Jun 18 2001 // PAULA Financial and Great Northern Underwriters (GNU) of Portland, Ore., have agreed to terms that allow for PAULA to acquire GNU at a future date. The two companies have arranged a strategic collaboration in which GNU...
Jun 11 2001 // The commercial operations of SAFECO Business Insurance (SBI) and SAFECO Commercial Insurance (SCI) will be consolidated into one organization in an effort to concentrate on small- to medium-sized business accounts, SAFECO...
Jun 5 2001 // International Risk Group announced today that Connie Riddell, has joined the company as president of Colorado-based International Environmental Risk Underwriters. Riddell was formerly a principal in Bichon Group LLC, and...
Jun 1 2001 // Sherwood Insurance Services’ proprietary facility, e-Sher Underwriting Managers, has partnered with Global Risk Exchange, a secure, online insurance supply chain platform which aims to streamline the entire...
May 15 2001 // Liberty International Underwriters (L.I.U.), a division of Liberty Mutual Group, has formed an alliance with Cogentric to assess e-business sites for companies seeking cyber insurance. Available this summer, L.I.U.’s...
May 13 2001 // 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 11 2001 // Pennsylvania Professional Liability Joint Underwriting Association appointed Susan M. Sersha as president. Under the association’s Plan of Operations, Sersha also serves as a member of the association’s Board...
May 7 2001 // The “AApi” FSRs on Republic Underwriters Insurance Co. (RUI) was lowered to “Api” by S&P. The rating action also applies to RUI’s 100 percent reinsured affiliates: Republic Lloyds;...
Apr 30 2001 // Aon Corporation announced April 20 it was spinning off its underwriting businesses for its common stockholders, forming two separate, publicly traded companies in the process.The spin-off will take the shape of a tax-free...
Apr 30 2001 // With summer just around the corner; nearby lakes and rivers are being overrun with boats and personal watercraft. The boating and watercraft business in the United States has grown into a major industry, and it shows no...
Apr 24 2001 // Seattle-based SAFECO reported a first-quarter operating income of $12.0 million. SAFECO President and CEO Mike McGavick said these results are right on target with the company’s plans for the first quarter and are...
Apr 23 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, according to figures released by the Insurance Services Office Inc....
Apr 16 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, according to figures released by the Insurance Services Office Inc....
Apr 13 2001 // Wellington Underwriting Plc, a Lloyd’s insurance underwriter which failed in a bid to buy Limit Plc last year, notes that full-year profit dropped 32 percent due to a slowdown in the insurance industry. Net income...
Apr 11 2001 // The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the year before, Insurance Services Office Inc. and the National Association of...
Apr 6 2001 // The California Department of Insurance has issued a Cease and Desist Order against International Marine Underwriters Ltd.; International Wet Marine Underwriters; Marine Specialty Management; Commercial Water Sports...
Apr 6 2001 // The California Department of Insurance has issued a Cease and Desist Order against International Marine Underwriters Ltd.; International Wet Marine Underwriters; Marine Specialty Management; Commercial Water Sports...
Apr 2 2001 // Amid signs that the property/casualty insurance market is improving, insurers’ prospects for greater profitability may actually be diminishing in today’s rapidly slowing economy, an industry leader warned.At...