All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 28 2000 // Cincinnati Financial Corp. expects decreased underwriting profitability at its property casualty insurance affiliates in the third quarter due to large losses from fires and commercial liability. The insurer’s...
Sep 28 2000 // Chubb Corp. announced that it has completed the sale of its ownership interest in Associated Aviation Underwriters, Inc. (AAU) to British Aviation Insurance Group Ltd. (BAIG). Chubb’s partner in the aviation and...
Sep 25 2000 // Without revealing your age, are you one of those who only faintly remembers the daily exercise regimen? At one time, did you count calories? fat grams? And now, you just count the number of pounds that you would like to...
Sep 25 2000 // Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com...
Sep 19 2000 // The St. Paul Companies has completed a strategic review of Unionamerica Insurance Company, Ltd. and has decided that effective Jan. 1, 2001 the company will cease underwriting and will manage the run-off of its remaining...
Sep 18 2000 // Without revealing your age, do you remember the hard market of the mid-’80s? Rest assured, we are a long way from returning to the marketplace of 15-plus years ago. However, the market has bottomed and is beginning...
Sep 18 2000 // International Catastrophe Insurance Managers, L.L.C. (ICAT), announced the appointment of Gregory Kemp to regional vice president for the Gulf Coast and Eastern Seaboard. ICAT also announced the promotion of Cathy...
Sep 18 2000 // On Aug. 28, 2000, the financial strength rating of Amwest Group was downgraded from “A-” (Excellent) to “B” (Fair) by A.M. Best Co. The downgrade, applicable to Amwest Surety Insurance Company and...
Sep 14 2000 // Amwest Group’s parent is the publicly-traded insurance holding company, Calabasas, Calif.-based Amwest Insurance Group Inc., primarily an underwriter of surety bonds which also writes property/casualty insurance...
Sep 4 2000 // Lloyd’s is adapting to modern business methods and upgrading its business systems so rapidly that it promises to meet, if not surpass, the vision that Chairman Max Taylor first set out in “Priorities for...
Sep 4 2000 // While the initial furor created by the advent of dot-coms cools down, many insurance professionals are re-evaluating their business relationships with the Web. At a time when agents and brokers may question the benefit of...
Aug 29 2000 // A new Conning & Company study reports that 90.4 percent of workers’ compensation insurers surveyed believed that the industry will see increased premium rates, suggesting that the era of price competition is...
Jul 31 2000 // CNA announced today that it has entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British Aviation Insurance Group (BAIG). AAU is jointly owned by CNA and The Chubb Corp. The agreement...
Jul 27 2000 // New York Superintendent of Insurance Neil D. Levin said that Camille Sautner, 26, was arrested on various charges for defrauding Chubb Insurance Company out of $45,000. The arrest is the result of a joint investigation...
Jun 30 2000 // American Financial Group, Inc.’s second quarter earnings from insurance businesses will be negatively impacted by certain litigation charges and by lower than expected underwriting results in its property and...
Jun 26 2000 // Today, there are roughly 51.5 million public and private school students and 3 million teachers in the United States, according to the NationalSchool Boards Association. And although these schools are scattered across the...
Jun 26 2000 // The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9 billion in first-quarter 1999, according to Insurance Services Office Inc. (ISO)...
Jun 26 2000 // The motives for buying an aircraft are as varied as the uses to which the aircraft can be applied—as are, of course, the risks associated those uses.Some underwriting companies also insure an array of aviation-related...
Jun 14 2000 // The U.S. property/casualty industry’s net income after taxes dropped 35.4 percent to $5.8 billion in first-quarter 2000, down from $9 billion in first-quarter 1999, according to Insurance Services Office, Inc. (ISO)...
May 29 2000 // With the new millennium comes a complex array of challenges to America’s public schools. Among them are the need to improve academic performance, reduce overcrowded classrooms, meet the needs of a growing number of...