Latest Underwriting Headlines

Lighthouse Underwriters Adds Workers’ Comp to ElderCare Program

Aug 22 2005 // Lighthouse Underwriters LLC (www.lighthouseunderwriters.com), a program underwriting company that works with select industry groups, has expanded its ElderCare insurance program with a new workers’ compensation...

Barometer Shows Premiums on the Decline for Contractors Market

Aug 22 2005 // MarketScout began tracking property and casualty pricing trends in 2001 in an effort to share the pricing results of insurance placements related to their 50,000 member agent network. The monthly market trends are...

Claims History Model Act Now in Hands of State Legislators

Aug 22 2005 // NCOIL Model Addresses Use of Claims, Inquiries in Underwriting Homeowners Consumers who initiate a homeowners insurance claim but never receive payment could find that single incident may be used by their insurer to cancel...

Is the New “American Dream” Owning a Converted Apartment?

Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...

Zodiac Underwriting Guide to Drivers

Aug 22 2005 // Affable Aquarius (21 January – 19 February) The gentle qualities of Aquarius are reflective in an average claims record on all counts. The Aquarian drivers consider themselves sensible, responsible and...

People

Aug 22 2005 // Atlanta-based Crawford & Co. has appointed Stephen Pratt vice president of Carrier Relations, Quality and Technical Claims; and David A. Lee has been named manager of its Little Rock, Ark., Claims Management Services...

Marcus Humphrey

Aug 22 2005 // McQueary Henry Bowles Troy LLP (MHBT), based in Dallas, recently named Marcus Humphrey vice president and leader of the firm’s Employee Benefits group. As vice president, Humphrey’s primary responsibilities...

Is the New “American Dream” Owning a Converted Apartment?

Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...

Aug 22 2005 // Calabasas, Calif.-based Lionheart Insurance Services has hired Russ McFarren as an excess and surplus broker. He began his insurance career in Ohio and relocated to Los Angeles in 1963 with the Pacific Indemnity Insurance...

Is the New “American Dream” Owning a Converted Apartment?

Aug 22 2005 // When I first heard from someone I knew that was excited about purchasing an apartment that had been “converted” into a condominium, it really piqued my curiosity. Excited? Purchased? Apartment? Converted?? I...

Catastrophe Models No Substitute for Experienced Underwriters

Aug 22 2005 // Managing Editor, Insurance Insider Computer programs designed to predict losses from possible cataclysmic events have been a boon to the insurance industry-the programs have reinforced reinsurers’ loss expectations,...

Harleysville Group Appoints Whitlock, Chief Underwriting Officer; Becker, Chief Actuary

Aug 19 2005 // Harleysville Group Inc. has appointed Robert G. Whitlock Jr. as senior vice president and chief underwriting officer. He will assume senior management responsibility for Harleysville’s commercial lines and personal...

AVRECO Appoints Gloppe Professional Liability Underwriter

Aug 17 2005 // AVRECO, a wholesale insurance brokerage based in Chicago, has announced the appointment of Marcia Gloppe as an underwriter in the professional liability underwriting department, headed by Linda Deiss. Gloppe began her...

Credit-based Insurance Scoring in Renewal Policy Underwriting Essential for Accuracy

Aug 17 2005 // The National Association of Mutual Insurance Companies will testify at an Alaska Division of Insurance hearing that, “at renewal, insurance carriers need the flexibility to engage in a total circumstances analysis of...

Maeyama Joins Colemont in Dallas

Aug 11 2005 // Colemont Insurance Brokers announced the addition of Bob Maeyama as senior underwriter in its Dallas office. Maeyama will be responsible for the marketing and servicing of commercial insurance products to retail agents in...

ISO: P/C Industry Ends 26-Year Drought, Breaks Surplus Records

Aug 8 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses. Powered by the best underwriting results in almost three...

People

Aug 8 2005 // American International Group Inc. announced that AIG Vice President Charles Dangelo has been appointed AIG’s senior reinsurance officer, effective immediately. In this role, he will be responsible for all outward...

ISO: P/C Industry Ends 26-Year Drought, Breaks Surplus Records

Aug 8 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses. Powered by the best underwriting results in almost three...

SCPIE Holdings Announces 2005 Second-Quarter and First-Half Results

Aug 4 2005 // Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported continued improved results for its second quarter and first half ended June 30, 2005. For the 2005 second quarter, SCPIE...

Platinum Underwriters Announces Management Changes, Dividend

Jul 29 2005 // Bermuda-based Platinum Underwriters Holdings Ltd. announced it has appointed Michael D. Price to serve as its chief operating officer, subject to the approval of the Bermuda Department of Immigration. In this capacity,...