Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Introducing the world’s first certified Best Practice Program Administrator
May 22 2006 // What managing general agent or program administrator hasn’t wondered whether his operation is as efficient, professional and profitable as it could be, whether it conforms to the best practices among fellow managing...
Insurance Economist Predicts Profitable 2006, Sees Premium Growth Grinding to a Halt
May 18 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, according to Robert P. Hartwig, Insurance Information Institute senior vice president and chief...
Navigators Expands Excess & Surplus Lines Business
May 17 2006 // Navigators Management Company, the principal underwriting agency subsidiary of The Navigators Group Inc., has established a new Primary Casualty Division to be based in Chicago. Christopher Day has joined Navigators as...
Liberty International Underwriters Opens Los Angeles Office
May 16 2006 // Responding to the increasing influx of business from the Southwest and Southern California, in particular, Boston-based Liberty International Underwriters, a division of Liberty Mutual Group, has opened a Los Angeles...
Bartmas Joins Heritage General Agency’s Orange County Office
May 14 2006 // Heritage General Agency, Los Angeles, has hired Sonja Bartmas as senior underwriter/broker. She will report to Julie Savage and will be responsible for the production of surplus lines business both open brokerage and...
Los Angeles Chartered Property Casualty Underwriters To Share Tips on Being Successful, Install New Officers
May 8 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will hold its 2006-2007 installation of chapter officers and directors at the Jonathan Club in downtown Los Angeles from 11:30 am...
Taxi and limousine market catches a good fare with sound underwriting
May 8 2006 // Anyone who has been in a large city knows the importance of taxi and limousine services. Taxi drivers and chauffeurs help passengers get to and from their homes, workplaces, and recreational pursuits such as dining,...
Underwriting requirements
May 8 2006 // In order to provide an insuring company with an underwriting profit, agents and brokers writing taxi and limo coverage must ensure strict adherence to underwriting requirements. In order to reduce potential problems or...
People
May 8 2006 // Andrew J. Valdivia has been elected president of White & Co. Insurance Inc., of Santa Monica, Calif., and will be responsible for property and casualty sales, account development and account management. Valdivia was...
Swett & Crawford Appoints New Staff Nationwide
May 5 2006 // Swett & Crawford has announced new additions to their staff in offices nationwide. Margaret Jacobs moves to the Swett & Crawford Chicago office as director, Healthcare Practice Group, from Aon Risk Services where...
Texas Mutual Appoints Wagner VP of Underwriting
May 5 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as the company’s chief underwriting officer and oversee its loss prevention efforts. Wagner has 30...
Smith Joins Professional Underwriters
May 3 2006 // Cort Smith has joined Professional Underwriters, Exton, Pa., as the new regional marketing representative for the Mountain and Western state regions. He will be located out of the Salt Lake City office branch, and will...
Sweeney Named Chairman, CEO of U.S. Aviation Underwriters
Apr 28 2006 // General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway Inc., has named Michael L. Sweeney as chairman and chief executive officer of its aviation underwriting subsidiary, United States Aviation...
Platinum Underwriters Posts $77 Million Q1 Net; Teleconference Today
Apr 27 2006 // Platinum Underwriters Holdings, Ltd. reported net income of $77 million, or $1.16 per fully diluted common share, for the quarter ended March 31, 2006, a slight increase from the $73 million it earned in the same quarter...
ACE European Names French, Hayward to London Underwriting Posts
Apr 18 2006 // ACE European Markets has made two appointments at its London branch office. Stephen French has been appointed to chief underwriting officer. This is a new role will focus on core businesses of property, excess liability...
Sound Risk Management, Strong Investment Results Prove Positive for P/C Industry
Apr 18 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to ISO and the Property Casualty Insurers Association of America (PCI). Sound...
People
Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Tim Summers
Apr 17 2006 // People Pacific Specialty Insurance Co., Menlo Park, Calif., promoted Tim Summers to chief operating officer. Summers will continue his duties as executive vice-president and corporate secretary, overseeing the product...
Beacon Mutual CEO, Underwriting VP Suspended Following Audit
Apr 16 2006 // The board of directors at Beacon Mutual Insurance Co. suspended two executives with pay Friday following an audit report alleging that Beacon, the state’s dominant worker’s compensation insurance provider,...
Bond Insurers Urged to Travel Conservative Underwriting Route
Apr 14 2006 // Bond insurers had an interesting 2005, dealing with the ratings implications of natural disasters, airline and auto parts manufacturer bankruptcies, Securities and Exchange Commission and attorney general investigations,...
