Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Kristin Wall
Apr 3 2006 // Louisiana Workers’ Compensation Corporation named Kristin Wall, president and chief operating officer, to replace Steve Cavanaugh as chief executive officer. Cavanaugh tendered his resignation at the March 16 Board...
International
Apr 3 2006 // The London insurance market: The City and the regulators For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally....
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // News Currents A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer...
Bass Underwriters’ Texas Office Offers Online Program for Small Contractors
Mar 31 2006 // Bass Underwriters’ Texas office announced the launch of a new online program to assist agents in placing small artisan contractors, including those working on home construction. The company said the easy-to-use...
Lloyd’s Remains Major Energy Sector Coverage Specialist
Mar 30 2006 // In his keynote address to the delegates at Aon’s 9th Energy Insurance Conference in Cancun, Mexico, Rolf Tolle, Lloyd’s Franchise Performance Director, told his audience that the Lloyd’s market is...
Florida Approves Two New Underwriting Association Plans
Mar 29 2006 // Florida Insurance Commissioner Kevin McCarty and the Office of Insurance Regulation have reviewed and approved substantive amendments to the plans of operation for Florida Comprehensive Health Association and Florida...
Md. Commissioner Orr Defends GEICO Against Unfair Underwriting Charges
Mar 29 2006 // In a letter to the Consumer Federation of America (CFA) and to the New Jersey Citizens United Reciprocal Exchange (CURE), Maryland Insurance Commissioner R. Steven Orr dismissed allegations by those organizations that...
ACE Westchester Appoints Casey as SVP, Management Liability
Mar 28 2006 // ACE Westchester Specialty Group, the U.S.-based wholesale-focused property and casualty operation of the ACE Group of Companies, appointed Joseph Casey as senior vice president, Management Liability for its Professional...
Chartered Property Casualty Underwriters Host Contractual Risk Transfer Seminar in Pasadena
Mar 28 2006 // The Chartered Property Casualty Underwriters Society’s California El Camino, Los Angeles and San Gabriel Valley Chapters are hosting a Contractual Risk Transfer seminar on Thursday, April 20 in Pasadena, Calif. The...
Best Affirms Steamship Mutual Underwriting (Bermuda) Rating
Mar 27 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to The Steamship Mutual Underwriting Association (Bermuda)...
Best Affirms Steamship Mutual Underwriting (U.K.) ‘A-‘ Ratings
Mar 24 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to the U.K.-based Steamship Mutual Underwriting...
Insurance Study Could Provide New Underwriting Approach for Urban Areas
Mar 22 2006 // Chicago-based the Urban Insurance Partners Institute said it has passed another milestone in its pioneering study to develop a new underwriting methodology for assessing risk in the rapidly growing underbanked urban and...
Consumer Group Accuses Geico of Unfair Underwriting Practices
Mar 21 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of...
Montpelier Re Names Harris Chief Underwriting & Risk Officer
Mar 21 2006 // Bermuda-based Montpelier Re Holdings Ltd. announced that Christopher L. Harris has been appointed Chief Underwriting & Risk Officer of the Company and of Montpelier Reinsurance Ltd. with immediate effect, subject to...
Kirchner Joins PWIB Texas as Senior Underwriter/Broker
Mar 20 2006 // PWIB Texas reported that Russ Kirchner has joined the company as senior underwriter/broker. Kirchner will work out of PWIB Texas’ San Antonio office at 1380 Pantheon Way, Suite 390. Kirchner has 35 years’...
Beazley Commercial Property Team Expands In U.S.
Mar 20 2006 // Beazley announced it has hired two senior underwriters to assist with the company’s U.S. operations mid market commercial property business a focus. Todd Hanes joins Beazley as the West Coast regional underwriting...
Chicago’s Specialty Underwriters’ Alliance Expands to Include Trucking
Mar 20 2006 // Specialty Underwriters’ Alliance, Inc. today announced that it amended its Partner Agent Program Agreement with American Team Managers to include specialized local and intermediate trucking. ATM will provide...
Not all Oil & Gas programs are created equal
Mar 20 2006 // What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique...
By W. Randolph Zator
Mar 19 2006 // Not all Oil & Gas programs are created equal The American market has expanded in numbers from AIG Oil Rig, principally alone 30 years ago, to perhaps 10 domestic energy markets. Other foreign carriers in Bermuda and...
Best Affirms FSR of Hang Seng Insurance Co. Ltd.; Outlook is Stable
Mar 16 2006 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and assigned an issuer credit rating of “aa-” to Hang Seng Insurance Company Limited (Hang Seng Insurance) (Hong Kong). The outlook for...
