Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Why a regional carrier might be an agent’s best friend
Feb 11 2007 // The old saying “all politics is local” is born of the realization that the things that most directly affect us are local issues. In that respect, one could say that insurance is a local business. Risk...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 11 2007 // News Currents Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals...
Underwriters tighten ropes on yacht accounts
Feb 11 2007 // Following the costly hurricane years of 2004 and 2005, the yacht insurance market has “hardened” substantially. Although the market has seen some “softening” recently, the Florida, Gulf Coast states...
Professional Underwriters Adds Mesure as Senior Risk Control Consultant
Feb 9 2007 // William Mesure has joined Professional Underwriters in Exton, Pa. as senior risk control consultant. Mesure is charged with regularly consulting with clients to reduce risks, helping employers respond to employee concerns,...
Heritage General Names Senteno Brokers/Senior Underwriter
Feb 8 2007 // Los Angeles-based Heritage General Agency announced that Uriel Senteno, broker/senior underwriter, has joined the company’s personal lines division. Senteno has a history of working in the life and healthcare...
Industry Forecast Predicts Slower Premium Growth, But Underwriting Profit in 2007 and 2008
Feb 5 2007 // Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals released each year...
BrickStreet Adds Two Underwriters in Southeast Region
Jan 31 2007 // BrickStreet Mutual Insurance Company has hired Ken D. Howard, of Frankfort, Ky., as underwriting manager and Riva Ellen Bard, of Suwanee, Ga. as large account specialist. Howard will be responsible for a significant...
Hanover Launches Marine Advantage Underwriting Team
Jan 31 2007 // The Hanover Insurance Group Inc. has developed a new unit of marine specialists designed to assist agents placing small volumes of inland marine business. The Marine Underwriting Advantage Team will offer agent partners of...
Coping with catastrophe
Jan 29 2007 // Ten things agents and brokers can do to help clients obtain adequate cat coverage When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of...
Agents can score with varied sports and entertainment industry
Jan 28 2007 // The leisure industry is big business, and insuring the wide variety of sports and entertainment activities and venues is an equally large opportunity. From rock-climbing walls and inflatables on-call for children’s...
A look behind the very good P/C results for 2006
Jan 28 2007 // This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty...
Best Affirms Lloyd’s Syndicate 609 Rating; Atrium’s ICR
Jan 26 2007 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters...
SUA Small Business Workers’ Comp Now Offered by Appalachian Underwriters
Jan 15 2007 // Specialty Underwriters’ Alliance, Inc. has amended its agreement with Appalachian Underwriters, Inc. to include small employer’ workers’ compensation. AUI will provide workers’ compensation through...
St. Louis Gateway Underwriters Agency Names New President
Jan 12 2007 // St. Louis, Mo.-based Gateway Underwriters Agency has announced that Mary Beth Fox has joined the Agency as president. The company statement said that Fox has over 20 years of experience in the Insurance industry, in both...
Catlin US Names Presperin CFO
Jan 12 2007 // The Bermuda-based Catlin Group Limited announced the appointment of Peter Presperin as CFO of Catlin US, the group’s recently established underwriting platform in the United States. Presperin will report to Richard...
Chicago Specialty Underwriters’ Alliance Expands with Workers’ Comp Partner
Jan 12 2007 // Chciago-based Specialty Underwriters’ Alliance, Inc. announced recently that it amended its Partner Agent Program Agreement with Appalachian Underwriters, Inc. (AUI) to include small employers workers’...
Best Affirms Lloyd’s Syndicate 382 Ratings; Assigns Ratings to Hardy Underwriting Group
Jan 9 2007 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, managed by Hardy (Underwriting Agencies) Ltd....
MEMIC Names Funk as Underwriter in N.Y., Conn.
Jan 8 2007 // Workers’ compensation insurer MEMIC Indemnity Co. recently hired Jeff Funk as an executive underwriter to lead underwriting and agency management responsibilities in MEMIC’s new Connecticut and New York...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
