Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

Think Moderation on Loss History Reports Regulation

Jun 6 2005 // Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most...

New Health-Care Technologies Raise Malpractice Risks

Jun 6 2005 // New health-care technologies are helping people live longer, better-quality lives but also increase medical liability exposures, a panel of experts concluded at the Crittenden medical insurance conference in New Orleans...

Bradley Poe

Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...

Bradley Poe

Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...

For Boat Owners and the Agents Who Write Them, Location and Experience Matter

Jun 6 2005 // There were more than 17.6 million recreational boats in use in the United States in 2004, and an estimated 69 million people involved in boating activities, according to the National Marine Manufacturers Association. Since...

The British Are Coming! No – They’re Already Here

Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...

Alea AGM Report: Strong Underwriting, Normal Claims Development Continue

Jun 3 2005 // Bermuda-based Alea Group Holdings Ltd. released a statement following the conclusion of the of the Group’s Annual General Meeting held on Thursday, June 2, indicating that its underwriting efforts remain profitable...

ACUITY Promotes Taber to Commercial Lines Staff Underwriter

Jun 3 2005 // Kelly Taber has been named commercial lines staff underwriter at corporate headquarters of Sheboygan, Wis.-based regional property/casualty insurer ACUITY. Taber joined ACUITY in December 2000 as a senior commercial lines...

Majestic Insurance Names Underwriting Manager for So. Cal Accounts

May 31 2005 // Majestic Insurance Company announced the appointment of Jack Bair as underwriting manager. Bair, based in Majestic’s Long Beach, California office, will report to Janice Aber, vice president. Bair comes to Majestic...

Platinum Completes Sale of Notes

May 27 2005 // Bermuda’s Platinum Underwriters Holdings Ltd. announced that it has completed its previously announced offering of $250 million aggregate principal amount of 7.50 percent notes due 2017 (See IJ Web site May 16 and...

JLT Warns Brokers and Underwriters to Invest in Client Industry Expertise and Technical Resources

May 23 2005 // Mike Hammond, the CEO of Jardine Lloyd Thompson Risk Solutions Ltd., told delegates at a conference in Lugano, Switzerland, that the “insurance industry must invest in the necessary technical skills if it is to...

Platinum Prices Notes Offering

May 23 2005 // Bermuda-based Platinum Underwriters Holdings, Ltd. announced the pricing of its offering of $250 million aggregate principal amount of 7.50 percent notes due 2017 (See IJ Website May 16). “The notes are being issued...

The Nitty Gritty of Blue Collar Programs

May 23 2005 // Program Managers Working for the Working Class For some program administrators, blue is the color of money. While other insurance programs target lawyers, insurance agents and various white-collar occupations, some of the...

CONNING: LOOK FOR P/C UNDERWRITING PROFIT AGAIN IN 2005

May 23 2005 // The property/casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-$14 billion, according to a new study by Conning Research and Consulting Inc. However, the...

People

May 23 2005 // Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance agents and brokers...

Rodney Pierson

May 23 2005 // Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...

People

May 23 2005 // NBIS appointed Joseph Savarese senior vice president of underwriting. He will focus on the company’s Eastern and Western U.S. presence working to establish a network of insurance agents and brokers in the contractors...

People

May 23 2005 // U.S.I. Holdings Corp. appointed C. Jeff Pan senior vice president – Business Transformation. Pan, who will be based in Dallas, is responsible for transforming the company’s business processes from a...

My Brother’s Keeper-Duties and Liabilities of Agents and Brokers

May 23 2005 // Insurance plays an important role in today’s society in protecting individuals and businesses from different risks. A wide variety of policies and products have been developed to cover common, and not so common,...

Atlanta Chartered Property Casualty Underwriters Elect New Officers

May 19 2005 // The Atlanta Chapter of the Chartered Property Casualty Underwriters Society elected and installed its new officers at its monthly luncheon meeting. The new officers for 2005/2006 are: Larry Long, president, Allstate; Phil...