Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Innovations in information technology spur need for up-to-date underwriters
Nov 5 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...
Insurance credit scoring plagued with fundamental problems
Nov 5 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
Regulators Consider New Underwriting Approach at Chicago Seminar
Nov 3 2006 // New underwriting data that insurers are expected to start using in 2007, along with new computer modeling techniques, will be presented at a national workshop on urban and multicultural markets Nov. 9 in Chicago. Texas...
Aspen Names Cusack Bermuda Insurance Chairman, CEO; Appoints 3 New Directors
Nov 3 2006 // Bermuda-based Aspen Insurance Holdings Limited has appointed Julian Cusack, currently its CFO, to the expanded role of Chairman and CEO of Aspen Insurance Limited (AIL), Bermuda. He will step down as CFO once a successor...
Gladwell Joins XL Insurance as Gulf Regional Underwriting Manager
Oct 31 2006 // David Duclos, chief operating officer for XL Capital Ltd’s global insurance operations announced the appointment of Diana Gladwell as Gulf Regional underwriting manager for its Marine & Offshore Energy (MOE)...
Catlin/Wellington Finalize Share Offer; Merger to Create Lloyd’s Largest Underwriter
Oct 30 2006 // The Boards of Directors of Catlin Group Limited and Wellington Underwriting Plc have agreed on the terms of a recommended Offer to be made by Catlin for the whole of the issued and to be issued share capital of Wellington....
Quanta Moves Ahead on Deal with Chaucer to Form Pembroke
Oct 26 2006 // Quanta Capital Holdings Ltd. announced that its Lloyd’s business has taken a step forward in the formation of the Pembroke Managing Agency Limited with the signing of “definitive documents with Chaucer Holdings...
Capstone Underwriters Adds Kenebrew as Underwriter/Broker
Oct 24 2006 // Dallas, Texas-based Capstone Underwriters Inc. announced that Laura Kenebrew has joined the firm as an underwriter and broker. Kenebrew adds her 16 years of underwriting and management experience in the Texas...
Hanover Names Hussey as Mass. Personal Lines Underwriting VP
Oct 24 2006 // The Hanover Insurance Group, Inc. has appointed Michael Hussey as vice president of underwriting for personal lines business in Massachusetts. Hussey has 20 years experience in the property and casualty industry. He joined...
People
Oct 23 2006 // The Society of Chartered Property Casualty Underwriters elected new officers and governors. They are: President Betsey L. Brewer, senior vice president of The Rule Co. in Pasadena, Calif. President-Elect James L. Britt,...
P/C insurers’ profitability drops in first-half of 2006
Oct 23 2006 // The U.S. property/casualty insurance industry’s net income after taxes fell 9.3 percent to $28.3 billion in first-half 2006 from $31.2 billion in first-half 2005 as investment results deteriorated. Reflecting the...
Capstone Promotes Good to Underwriting Manager
Oct 20 2006 // Dallas-based Capstone Underwriters Inc. has promoted Ardis Good to the position of underwriting manager. Ardis has been a senior underwriter and broker with Capstone for nine years. She brings to her new position twenty...
Fed Survey Finds Easing of Credit Underwriting Standards
Oct 18 2006 // The Office of the Comptroller of the Currency’s annual Survey of Credit Underwriting Practices reports that competitive pressures have led to a third consecutive year of eased commercial and retail credit...
Investigations, record settlements, globalization fuel need for D&O
Oct 9 2006 // Today “it’s tough to be a director and officer, and that means it’s tough to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for Ace USA based...
The Google Factor: Underwriting restaurants, bars, entertainment and hospitality risks in the 21st century
Oct 9 2006 // As I started to put together this article, I did as so many other people do and did my research on the internet. During my research I found numerous articles that we have all read or seen on the typical liquor liability...
The Future for Agents’ E & O
Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...
Investigations, record settlements, globalization fuel need for D&O
Oct 9 2006 // Today “it’s tough to be a director and officer, and that means it’s tough to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for Ace USA based...
The Google Factor
Oct 9 2006 // As I started to put together this article, I did as so many other people do and did my research on the internet. During my research I found numerous articles that we have all read or seen on the typical liquor liability...
The Future for Agents’ E&O
Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...
Soft Market, Globalization Spurs Need for Well-Educated D&O Underwriter
Oct 6 2006 // “Today it’s a tough time to be a director and officer, and that means it’s a tough time to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for...
