Latest Underwriting Headlines

Dissecting a claims made policy

Dec 11 2006 // Editor’s note: This is the first installment in a three-part series discussing the anatomy of a claims made policy. Parts II and III will be printed in future issues of Insurance Journal’s West region...

Dec 10 2006 // People The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another,...

Dec 10 2006 // People The Texas Surplus Lines Association Inc. announced the election of the following officers and directors: President Len Kaplan, executive vice president and CFO, Delta General Agency, Houston; Vice President Lana...

Innovations in information technology spur need for up-to-date underwriters

Dec 10 2006 // With rapid innovations in the field of information technology, types of underwriting that didn’t exist a few decades ago have become prominent today. For example, companies engaging in information technology business...

Dissecting a claims made policy

Dec 10 2006 // Editor’s note: This is the first installment in a three-part series discussing the anatomy of a claims made policy. Parts II and III will be printed in future issues of Insurance Journal’s West region...

It’s ‘haves’ vs. ‘have-nots’ in insurance technology race for survival

Dec 10 2006 // News Currents Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data...

Fitch Upgrades Arch Debt, IFS Ratings

Dec 6 2006 // Fitch Ratings has upgraded its issuer default rating (IDR) on Arch Capital Group, Ltd. to “A-” from “BBB+” and its rating on Arch’s $300 million of senior unsecured notes due 2034 to...

Campbell, Swing Join Britt/Paulk in Georgia

Dec 5 2006 // Britt/Paulk has hired two underwriters to join its Carrollton, Georgia office. David Campbell is now underwriting operations manager, while James Swing has been hired as equipment chief underwriting officer. Campbell has...

Investors Underwriting Renamed Markel Underwriting Managers

Dec 5 2006 // Markel Underwriting Managers, Inc. is the new name for Investors Underwriting Managers, Inc. Glen Curley, president and chief operating officer, said the new name went into effect Dec. 1. The switch to Markel Underwriting...

OneBeacon Purchases National Marine Underwriters

Dec 1 2006 // OneBeacon Insurance Group has acquired ownership of National Marine Underwriters, a yacht-specialty managing general agent with a 20-year history of writing recreational marine business. National Marine Underwriters will...

ICAT Establishes Syndicate at Lloyd’s of London

Dec 1 2006 // ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...

ICAT Establishes Syndicate at Lloyd’s of London

Nov 30 2006 // Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...

Finch to Join Britt/Paulk in New Office in Atlanta

Nov 29 2006 // In addition to its new office in Delaware, niche general insurance agency Britt/Paulk has added another office in Atlanta. Lisa Finch will join the Britt/Paulk team as underwriting manager for builder’s risk and will...

Swiss Re Advisors See Big Demand for Energy Risk Underwriting

Nov 29 2006 // Major global political and business leaders say energy issues are high on their agenda and that the demands and risk transfer needs of this sector pose challenges and opportunities for insurers and reinsurers. At Swiss...

Ill. Director Looks at New Options for Insurers to Serve Urban Markets

Nov 28 2006 // Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Urban Insurance Partners...

Beazley Names New Senior Underwriter of Central Region Based Chicago

Nov 17 2006 // Beazley Group plc announced that to strengthen its U.S. commercial property team ahead of its launch in the admitted market the company has hired Neil Brown as the senior underwriter for its central region, based in...

R&SA Acquires Martello Underwriting

Nov 14 2006 // The U.K.’s Royal & Sun Alliance Insurance Group plc has acquired Martello Underwriting Limited for £38.5 million ($73.2 million) payable in cash. The transaction is subject to regulatory approval....

Max Re Posts $26.5 Million Q3 Net Income; Names Becker Chairman, CEO

Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...

ISO Chief: It’s ‘Haves’ Vs. ‘Have-Nots’ in Insurance Technology Race for Survival

Nov 14 2006 // Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to drive...

New Britt/Paulk Delaware Office to Focus on Timber Harvesting Program

Nov 10 2006 // Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program. The company also announced that three...