Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Have Catastrophe Risks’ ‘Bring ‘Em On!’ Says Specialized Writer ICAT
Aug 23 2004 // The map shows a thin blue line skirting the edge of the Gulf and Atlantic coasts from Louisiana around Florida and all the way up to Maine to highlight the hurricane states. The blocks of red across the Western territories...
Fiduciary Liability: The Most Misunderstood of Management Exposures
Aug 23 2004 // In the early 1960s, life in the United States was lived at a slower pace. Transportation and communication required more time (and patience) and employees were more inclined to trust employers on issues relating to...
Bracing for the Worst: Industry Prepares for Another Wildfire Season
Aug 23 2004 // The fire season started early this year. Wildfires erupted all over California and in Nevada in mid-July, forcing thousands to evacuate and destroying several homes and outbuildings. Affected areas in California included...
Freeburg Joins Noodle Specialty Brokers, Will Underwrite D&O and EPLI
Aug 19 2004 // Chicago-based online wholesaler Noodle Specialty Brokers (NSB) announced that Jonathan Freeburg, 44, has joined the company as a senior underwriter focusing on private company directors’ and officers’ liability...
Monarch E&S Announces New Appointments
Aug 18 2004 // Derek Borisoff, CEO and president of Monarch E&S Insurance Services has announced that Lance Amick has been hired as the branch manager/senior underwriter of the San Diego branch office. Amick’s responsibilities...
ACE USA Makes Appointments in Global Energy Unit; Opens Houston Energy Office
Aug 13 2004 // ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced two appointments in the U.S. operations of the ACE Global Energy division. Edwin Duffy was named senior vice president and Houston branch...
Allied World Assurance Expands N.Y. Operation for Underwriting
Aug 11 2004 // Allied World Assurance Holdings Ltd announced that its subsidiary, Allied World Assurance Company (U.S.) Inc., has expanded the capabilities of its New York office to underwrite excess liability and errors and omissions...
Vista Insurance Partners Appoints Bishop as Senior Broker/Underwriter
Aug 10 2004 // Vista Insurance Partners, a San Antonio, Texas-based wholesale insurance broker, announced the appointment of Margie Bishop as senior broker/underwriter. Bishop will work with current and new Vista agents to develop new...
Kingsway Notes Record Income for Q2
Aug 6 2004 // Toronto-based Kingsway reported record net income for the second quarter of the year and first six months. Net income increased by 22% to $33.3 million, compared to $27.3 million reported in the second quarter of last...
Fowler and Keyes Join Noodle Specialty Brokers as Underwriting VPs
Aug 6 2004 // Insurance industry veterans James A. Fowler and John D. Keyes have joined Chicago-based Noodle Specialty Brokers (NSB), the newly formed division of InsuranceNoodle Inc., as senior vice presidents of underwriting. Noodle...
Endress Joins INAMAR Recreational Marine Insurance
Aug 3 2004 // INAMAR, the marine marketing and underwriting division of ACE USA, announced the appointment of Linda Endress as assistant vice president and marine underwriting manager of INAMAR’s Marine Facilities Group (MFG)....
Underwriting Improvement Continued for UK Nonlife Insurers in 2003
Jul 30 2004 // Initial review of the aggregate statistics of the U.K. nonlife primary market suggests that, as expected, 2003 saw a modest continuation of the improvement in underwriting results seen since 2000, according to a report...
Bank Holding Insurance Underwriting Income Up 2% to $25 Billion in 2003
Jul 29 2004 // Bank holding companies (BHCs) reported insurance or reinsurance income of $25.1 billion in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR) published by...
CNA Financial Notes Solid Q2 Numbers
Jul 29 2004 // Chicago-based CNA Financial Corp. announced second quarter of 2004 results. Net income for the second quarter of 2004 was $289 million as compared with net income of $70 million for the same quarter of 2003. The increase...
U.S. Risk Adds Three in Underwriting Unit
Jul 29 2004 // U.S. Risk Insurance Group Inc. announced that Genia Walden, Carrie Keel and Joan Corder have joined U.S. Risk Underwriters in the company’s Dallas, Texas office. Walden will be a member of the Commercial Underwriting...
A.M. Best Report: Canada’s P/C Industry Rebounded Strongly in 2003
Jul 27 2004 // As 2002 fades from memory as the worst performance year by the Canadian property/casualty insurance industry, 2003, on the other hand, will be remembered for the industry’s return to underwriting profitability and...
Romagné Named Sr. VP at XL Re
Jul 23 2004 // XL Re Europe, the Continental Europe platform for the Reinsurance Operations of XL Capital Ltd., announced the appointment of Bertrand Romagné as senior vice president and head of the Property Treaty Department. Romagné,...
Ark. DOI Issues Fairness Directive to P/C Insurers
Jul 22 2004 // Acknowledging that Arkansas law imposes minimal restrictions on underwriting, the Arkansas Insurance Department nevertheless announced that it expects property and casualty insurers to give proper attention to the explicit...
Safeco Posts Strong Profits in All Major P/C Segments
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
Brokers Urged to Avoid Surprises in Lawyers’ E&O
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
