Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Ark-La-Tex Underwriters Hires Weego in Commercial Lines Division
May 9 2007 // Louisiana-based wholesaler/managing general agency Ark-La-Tex Underwriters Inc. announced that Chris Weego has joined the firm as a commercial underwriter/marketer. Weego is experienced and has good knowledge of the...
Best Affirms HSBC Insurance Ratings
May 8 2007 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook. “The...
Medical professional liability underwriters face new environment
May 7 2007 // An ever-expanding health care and quasi-health care services environment has placed the role of physicians in a constant state of flux. So, what new exposures will be faced by medical professional liability underwriters...
Insider trading plans: A new D&O underwriting concern?
May 7 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
Commercial property/casualty premiums drop, underwriting relaxes, 1st quarter survey finds
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
Medical professional liability underwriters face new environment
May 7 2007 // Expect new exposures as practitioners replace physicians as supervisors and nanotechnolgy and stem cell research grow An ever-expanding health care and quasi-health care services environment has placed the role of...
Another report details property/casualty insurers’ 2006 profitability, escape from storms
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
People
May 7 2007 // Steve Taylor has been promoted to regional sales director for Encompass Insurance in New York and New Jersey. Taylor joined Allstate in 1978 as an underwriter trainee. He was promoted to various management positions in...
Commercial property/casualty premiums drop, underwriting relaxes, 1st quarter survey finds
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
News Currents
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from storms Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
Burns & Wilcox Adds Woods as Personal Lines Underwriter in LA
May 2 2007 // Burns & Wilcox announces that Aaron Woods has joined the company’s Los Angeles office, which is located in Woodland Hills, Calif., as a personal lines underwriter/broker. Previously, Woods spent three years as a...
Catlin Names King and Newman to London Posts
May 1 2007 // The Bermuda-based Catlin Group Limited announced that Chris King and Matthew Newman have been appointed as business group leaders for Catlin s underwriting operations in London. King will lead Catlin s War and Political...
Mo. Rockhill Names Vice President, Director of Property Underwriting
Apr 27 2007 // Rockhill Underwriting Management recently named Curt Crozier vice president and director of Property Underwriting. In his new role, Crozier will work closely with Rockhill’s Chief Property Officer to manage and grow...
Darwin Professional Underwriters Reports Net Income Up 87% in Q1
Apr 27 2007 // Farmington, Conn.-based Darwin Professional Underwriters, Inc. reported that net income increased 87 percent to $5.2 million for the first quarter of 2007, while gross premiums rose 24 percent to $74 million during the...
Insider Trading Plans: A new D&O underwriting concern?
Apr 23 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
Novae Launches Int’l. General Liability
Apr 20 2007 // Lloyd’s insurer Novae announced that it has “moved into the international general liability market with the recruitment of two senior underwriters to Syndicate 2007. Mark Davies and Rupert Taylor have joined...
Professional Underwriters Targets School Bus Contractors with Program
Apr 18 2007 // Professional Underwriters, a national program administrator focused on public entity insurance, has launched a new program, “SafetyFirst”, which targets independent school bus contractors. According to Tom...
Appalachian Underwriters Opens West Coast Satellite Office
Apr 18 2007 // Appalachian Underwriters Inc. has opened a San Diego, Calif., satellite office to house its underwriting and executive staff. George Johnston, a 21 year veteran of the California insurance marketplace and former Arrowhead...
Report Details P/C Insurers’ 2006 Proftability, Escape from Storms
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year. The U.S. property/casualty...
PartnerRe Makes Catastrophe Management Changes
Apr 17 2007 // Bermuda-based PartnerRe Ltd. has announced management changes in the Group’s U.S. and worldwide catastrophe reinsurance underwriting operations. Effective July 2007, Tad Walker will succeed Robin Williams as...
