All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 26 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...
Mar 26 2001 // Three months into the new year, the picture for the California workers’ comp market is not pretty, and it’s likely to get worse. Developments in recent weeks-including lowered ratings, carrier losses, declining...
Mar 19 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...
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
Mar 12 2001 // The NONSTANDARD AUTO MARKET gets ready for action that will include increased RATES, risking LOSSES and overall market VOLATILITY.The nonstandard auto market enjoyed above-average growth and profitability across the...
Mar 5 2001 // Since the 1800s, the insurance industry has used technology to track and control catastrophic exposures. Insurers first used mapping after companies were hit by major fires in cities such as Boston, Chicago and...
Feb 19 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Feb 12 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Jan 17 2001 // Nevada-based TeleMedica Insurance Management announced that AXA Courtage had agreed to underwrite “a TIM-branded family of worldwide medical insurance plans targeted to expatriates.” The plan calls for the AXA...
Jan 15 2001 // For the past decade, the surety market has been profitable and today, competition remains strong. Underwriters come and go while the economy plays a major role in this segment of the industry.Even with big losses in 1999,...
Jan 11 2001 // RLI Corp. reported fourth quarter net operating earnings of $6.3 million ($.63 per diluted share), a 15 percent per-share decline over the $7.4 million ($.74 per share) result from the same quarter last year. Year-end...
Jan 9 2001 // Lloyd’s announced that three new syndicates have started trading adding £236 million ($355 million) to its underwriting capacity which now totals £11.06 billion ($16.6 billion), 10 percent over year 2000...
Dec 19 2000 // A.M. Best Co. has downgraded the financial strength rating of Amwest Insurance Group, Calabasas, California, to C- (Weak) from B (Fair). This rating action applies to Amwest Surety Insurance Company and its subsidiary, Far...
Dec 8 2000 // Fair, Isaac and Co., a provider of decision technology, has launched ClickPremium, an “e-Decisioning'” solution for insurance companies. ClickPremium provides insurance underwriters with real-time...
Nov 21 2000 // After a seven-month dialogue Lloyd’s, the International Underwriting Association and the Lloyd’s Insurance Brokers’ Committee have reached agreement on basic reforms of the way business is to be conducted...
Nov 21 2000 // A growing number of insurance companies operating in Minnesota are using credit-rating scores to establish premiums for car drivers and homeowners. This means that in certain situations people with poor credit histories...
Nov 17 2000 // Avon, Conn.-based Target Capital Partners Inc., a managing general agency and provider of specialty insurance programs, and Southeast Underwriting Group Inc., a specialty agency and underwriting manager headquartered in...
Nov 13 2000 // The excess and surplus lines, or non-admitted, market is comprised of property & casualty companies that provide insurance that is unavailable to businesses in the standard, or admitted, market due to the unique...
Nov 13 2000 // For many film lovers, the holiday season is synonymous with the release of Hollywood’s latest screen confections. As production companies scramble to satiate the consumer appetite for thrilling visual effects and...
Oct 30 2000 // Hopefully D&O policyholders have been putting some premium away for a rainy day, because it has started to drizzle and thunderstorms are just around the corner. The end of the soft market is in sight.The last...