Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Target Markets Mid-Year Meeting
Jul 4 2006 // Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done Yet Managing general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be...
AVRECO’s Borderline Med-Mal Market
Jul 4 2006 // Chicago-based wholesaler AVRECO has a new medical liability insurance market for borderline nonstandard physicians and surgeons. It’s geared toward doctors on their way to a standard market, but who haven’t...
Healthcare liability moves beyond hospitals to specialized facilities
Jul 3 2006 // Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
News Currents
Jul 3 2006 // Risk mixing and matching with miscellaneous health care facilities Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only...
Risk mixing and matching with miscellaneous health care facilities
Jul 3 2006 // Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Healthcare liability moves beyond hospitals to specialized facilities
Jul 3 2006 // Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Risk mixing and matching with miscellaneous health care facilities
Jul 3 2006 // Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room...
Mucerino to Head New AIG Global Marine and Energy Division
Jun 30 2006 // American International Group, Inc. announced that it has established AIG Global Marine and Energy, a new division of the AIG property and casualty insurance subsidiaries. “The unit will service the insurance, risk...
HCC Insurance Acquires Ind.-based Novia Underwriters
Jun 30 2006 // Houston-based HCC Insurance Holdings, Inc. recently announced that the company had reached an agreement to acquire Indiana-based Novia Underwriters, Inc. for an undisclosed consideration. The transaction is expected to...
Florida Considering Commercial Joint Underwriting Association
Jun 30 2006 // The Florida Office of Insurance Regulation is discussing with the Financial Services Commission (Cabinet) the possibility of activating the Standby Commercial Joint Underwriting Association. According to the Florida...
U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%
Jun 28 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key...
Republic Group, FirstComp Underwriters Group Forge Agreement
Jun 27 2006 // Dallas-based Republic Companies Group Inc. announced it has entered into a managing general agency agreement with FirstComp Underwriters Group Inc. – making the Omaha-based monoline workers’ compensation group...
Catlin Launches Recall, K&R Coverage
Jun 26 2006 // International P/C insurer and reinsurer Catlin Group Limited, has formed a crisis management underwriting team that will write product recall and kidnap and ransom (K&R) coverages, effective 1 July...
Aon U.K. Commits to Full Electronic Trading in Specialty, Reinsurance
Jun 23 2006 // In a breakthrough move, Aon U.K., announced that it “will move to a full electronic trading capability during 2006 for its specialist insurance and reinsurance businesses.” Aon’s London-based operation...
WSS’ Dallas Branch Grows with Promotions, New Hire
Jun 22 2006 // Kyle Stevens, executive vice president and branch manager of Western Security Surplus’ Texas office, located in Dallas, announced several promotions and a new hire recently. Jenny Blackwood, who began her career at...
CEOs, Concerned About Capacity and Pricing, Stress Underwriting Discipline
Jun 20 2006 // Although property casualty insurance capacity still exists in some areas in the U.S.’s east coast, the rate at which it is vanishing, especially in coastal areas, as well as the steep prices being offered for...
People
Jun 19 2006 // InsurBanc, a financial services provider to the independent insurance agency community, announced that Scott A. Adamsons has joined the company as vice president of sales and business development. The Farmington,...
Beazley Buys Out Asia Pacific Underwriting Agency
Jun 15 2006 // Beazley Group plc has increased its stake to 100 percent in Asia Pacific Underwriting Agency Limited (APUA), a Hong Kong based insurance underwriting agency, that sources business throughout Asia from insurance...
Quanta in Deal with Lloyd’s Chaucer to Manage Syndicate 4000
Jun 9 2006 // Quanta Capital Holdings Ltd. has signed a non-binding “Heads of Agreement” with Chaucer Holdings PLC, a specialist Lloyd’s insurer, and the senior underwriting team of Syndicate 4000 under which a new...
Harleysville Insurance Names Midwest Regional Leadership Team
Jun 7 2006 // Harleysville Insurance has named the leadership team for its new Midwest operation headquartered in Itasca, Ill. The Midwest region, which includes existing offices in Indiana, Michigan, Minnesota and the new location in...
