Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Heritage General Names Senteno Brokers/Senior Underwriter
Feb 8 2007 // Los Angeles-based Heritage General Agency announced that Uriel Senteno, broker/senior underwriter, has joined the company’s personal lines division. Senteno has a history of working in the life and healthcare...
Industry Forecast Predicts Slower Premium Growth, But Underwriting Profit in 2007 and 2008
Feb 5 2007 // Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals released each year...
BrickStreet Adds Two Underwriters in Southeast Region
Jan 31 2007 // BrickStreet Mutual Insurance Company has hired Ken D. Howard, of Frankfort, Ky., as underwriting manager and Riva Ellen Bard, of Suwanee, Ga. as large account specialist. Howard will be responsible for a significant...
Hanover Launches Marine Advantage Underwriting Team
Jan 31 2007 // The Hanover Insurance Group Inc. has developed a new unit of marine specialists designed to assist agents placing small volumes of inland marine business. The Marine Underwriting Advantage Team will offer agent partners of...
Coping with catastrophe
Jan 29 2007 // Ten things agents and brokers can do to help clients obtain adequate cat coverage When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of...
Agents can score with varied sports and entertainment industry
Jan 28 2007 // The leisure industry is big business, and insuring the wide variety of sports and entertainment activities and venues is an equally large opportunity. From rock-climbing walls and inflatables on-call for children’s...
A look behind the very good P/C results for 2006
Jan 28 2007 // This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty...
Best Affirms Lloyd’s Syndicate 609 Rating; Atrium’s ICR
Jan 26 2007 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters...
SUA Small Business Workers’ Comp Now Offered by Appalachian Underwriters
Jan 15 2007 // Specialty Underwriters’ Alliance, Inc. has amended its agreement with Appalachian Underwriters, Inc. to include small employer’ workers’ compensation. AUI will provide workers’ compensation through...
St. Louis Gateway Underwriters Agency Names New President
Jan 12 2007 // St. Louis, Mo.-based Gateway Underwriters Agency has announced that Mary Beth Fox has joined the Agency as president. The company statement said that Fox has over 20 years of experience in the Insurance industry, in both...
Catlin US Names Presperin CFO
Jan 12 2007 // The Bermuda-based Catlin Group Limited announced the appointment of Peter Presperin as CFO of Catlin US, the group’s recently established underwriting platform in the United States. Presperin will report to Richard...
Chicago Specialty Underwriters’ Alliance Expands with Workers’ Comp Partner
Jan 12 2007 // Chciago-based Specialty Underwriters’ Alliance, Inc. announced recently that it amended its Partner Agent Program Agreement with Appalachian Underwriters, Inc. (AUI) to include small employers workers’...
Best Affirms Lloyd’s Syndicate 382 Ratings; Assigns Ratings to Hardy Underwriting Group
Jan 9 2007 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, managed by Hardy (Underwriting Agencies) Ltd....
MEMIC Names Funk as Underwriter in N.Y., Conn.
Jan 8 2007 // Workers’ compensation insurer MEMIC Indemnity Co. recently hired Jeff Funk as an executive underwriter to lead underwriting and agency management responsibilities in MEMIC’s new Connecticut and New York...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
Attributes of an excellent and lasting EPLI program
Jan 8 2007 // In this soft market, opportunities are once again strong for employment practices liability insurance (EPLI) program business. However, this time there are markets that have matured with the product and are in a position...
Blueprint for Contractors Liability: Building the case for contractors … and underwriters
Jan 8 2007 // For a contractor — and his insurance agent — surveying the general liability insurance landscape, the options can seem overwhelming. Trying to navigate through a vast assortment of carriers and coverages is...
Contractors not buying into professional liability
Jan 8 2007 // Ames & Gough survey finds as many as 50% of contractors not covered Contractors, project owners, and project finance professionals are increasingly interested in the niche market of contractors’ professional...
Absence of hurricane losses proves beneficial to insurers’ bottomline
Jan 8 2007 // P/C industry posts $24.4 billion net gain on underwriting in first three quarters of 2006 Driven by a sharp decline in catastrophe losses from hurricanes and other natural disasters in 2006, the U.S. property/casualty...
