Latest Underwriting Headlines

People

Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...

Novae Names Elder Insurance Co. Underwriting Director

Aug 30 2007 // Novae Group plc has appointed Bill Edrich as underwriting director of the Group’s insurance company Novae Insurance Company Limited (NICL). He currently serves as the Group’s medical malpractice underwriting...

Yates & Associates Hires Thompson Transportation Underwriter

Aug 30 2007 // Yates & Associates of Tustin, Calif., is expanding its transportation division and adding Mike Thompson as underwriter. Thompson will be responsible for underwriting and issuing commercial auto applications. Thompson...

Lawrence Named Underwriting Manager for Calif. State Fund

Aug 30 2007 // Diane Lawrence has been promoted to underwriting manager for California’s State Compensation Insurance Fund. Lawrence began her State Fund career as a marketing consultant at the organization’s San Francisco...

4 Insurers Said to Be Eyeing Mass. Auto Market After Deregulation

Aug 30 2007 // Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they will enter if her plan to allow competitive pricing goes forward. Burnes is not naming the...

Proposed Mass. Auto Rules Would Ban Use of Socioeconomic Factors

Aug 29 2007 // Auto insurers in Massachusetts would not be allowed to use socioeconomic factors in competitively pricing or underwriting policies under a regulation proposed by Insurance Commissioner Nonnie Burnes. The draft regulation...

Marsh UK Warns of Possible E&O, D&O Liabilities from Subprime Defaults

Aug 21 2007 // Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and Officers’...

Mammone Joins Professional Underwriters

Aug 20 2007 // Professional Underwriters of Exton, Pa., named Gene Mammone as production underwriter, Municipal Programs. Mammone will be responsible for building the municipality segment of Professional Underwriters and its’...

Insurers, underwriters try to relax with medispas

Aug 20 2007 // In a world where one-stop shopping is the norm, it makes sense that consumers now demand cosmetic and medical services be blended and offered in one location. With no extra travel and no extra hassle, a one-stop, beauty...

Insurers, underwriters try to relax with medispas

Aug 20 2007 // In a world where one-stop shopping is the norm, it makes sense that consumers now demand cosmetic and medical services be blended and offered in one location. With no extra travel and no extra hassle, a one-stop, beauty...

Bunke Named VP Underwriter of Colemont – Southern California

Aug 16 2007 // Colemont Insurance Brokers has promoted Tom Bunke to vice president – underwriter of Colemont – Southern California. Bunke joined Colemont in March 2001. He began his career with the G.J. Sullivan Co. and...

Mass. Court Rules Excess Insurer Not Bound by Primary Insurer Settlement

Aug 7 2007 // An insurer of a so-called “follow form” excess policy is not bound by the decision of a primary insurer to settle a claim, the Massachusetts Supreme Judicial Court has ruled. The state’s highest court...

How to write energy risks in a volatile world

Aug 6 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...

Agents Errors & Omissions

Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...

Aug 6 2007 // People The Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins...

People

Aug 6 2007 // The Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins on Sept....

How to write energy risks in a volatile world

Aug 6 2007 // Today’s energy industry is being challenged by climate changes, market fluctuations, business mergers, natural disasters, terrorism, war, political risk, increasing regulatory and financial scrutiny and evolving...

People

Aug 6 2007 // The Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins of PCI...

Managing energy industry risk in a volatile world

Aug 6 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...

Agents in E&O Buyer’s Seat

Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...