Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Trenwick in Deal with Chubb Re, Begins Audit Study of Reserves
Oct 28 2002 // Bermuda-based Trenwick Group announced that its subsidiary, Trenwick America Reinsurance Corp., has entered into an underwriting facility with Chubb Re, Inc., a subsidiary of The Chubb Corporation. Trenwick also said that...
NAPSLO PRESENTS ASLI ACADEMIC AWARDS
Oct 28 2002 // The National Association of Professional Surplus Lines Offices (NAPSLO) recognized the top four graduates of the Associate in Surplus Lines Insurance (ASLI) program at its annual convention in Boston, Mass. Andrew Frazier,...
Demotech’s Financial Stability Ratings – What Are They All About’
Oct 28 2002 // For the past several months, Insurance Journal readers have viewed articles discussing Demotech’s Financial Stability Ratings®. This article presents additional information on the origin of those ratings. Prior to...
IIABA Urging Insurers to Be More Consumer-Friendly By Fixing Anomalies in Use of Credit Information
Oct 25 2002 // As insurers increasingly rely on consumer credit histories and credit-related scores during the underwriting and rating process, the Independent Insurance Agents and Brokers of America (IIABA) is urging companies to...
ACE Tempest Re Europe Appoints Eric Gutierrez European Treaty Underwriter
Oct 23 2002 // ACE Tempest Re Europe announced the appointment of Eric Gutierrez as European Treaty Underwriter in their newly opened underwriting division in Dublin. he’ll be responsible for developing property and casualty treaty...
Hartville Group Acquires Pet Insurance Policies Previously Underwritten by AIG
Oct 23 2002 // Ohio’s Hartville Group, Inc. announced that its pet insurance marketing subsidiary and provider of the Company’s Petshealth Care Plans has entered into an agreement to acquire Pet Insurance policies formerly...
NAPSLO Presents ASLI Academic Awards
Oct 10 2002 // The National Association of Professional Surplus Lines Offices (NAPSLO) recognized the top four graduates of the Associate in Surplus Lines Insurance (ASLI) program at its annual convention in Boston, Mass. Andrew Frazier,...
Fitch: Auto Underwriting Continues to Be Unprofitable
Oct 10 2002 // Auto insurance financial results will improve in 2002 and 2003, but these gains will be insufficient to return the industry to underwriting profitability, according to a report by Fitch Ratings. Based on the market’s...
Leicht Adds Multi-Line Underwriter/Brokers
Oct 7 2002 // Texas-based Leicht General Agency announced that Elva Harris has returned to the company’s Houston office as a senior Multi-line underwriter/broker and Donna Boyd has joined Leicht’s Dallas office in the same...
Underwriters’ TX Homeowners Rating System Now Free
Oct 4 2002 // Underwriters Technologies’ proprietary Texas Homeowners Rating System is available free for all agents and carriers at its Web site, www.underwriterstechnologies.com, under the Free Tools link. The online rater...
An Exact Science: Insuring Biotech Takes Know-How
Sep 30 2002 // As far as commercial property and casualty coverages are concerned, it goes without saying that individual companies require specific types of policies to most effectively address risks inherent to their industries. The...
P&C Net Income Sees 1st Half Surge; Surplus Dips on Weak Investment Results
Sep 25 2002 // The U.S. property/casualty industry’s net income after taxes rose 66.4 percent to $4.6 billion in first-half 2002 from $2.8 billion in first-half 2001, primarily because of improved underwriting results. But the...
ACE USA Appoints Macdonald as Chief Underwriting Officer
Sep 24 2002 // ACE USA appointed James Macdonald to the position of chief underwriting officer. Macdonald will have overall management responsibility for the underwriting function for ACE USA and ACE Canada. Macdonald has more than 30...
RenRe to Buy Nearly 4 million Shares of Platinum Underwriters
Sep 23 2002 // Bermuda-based RenaissanceRe Holdings Ltd. announced that it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of its common shares in a private placement Platinum was established in...
Berkley Corp. Forms Underwriting Management Group
Sep 16 2002 // W. R. Berkley Corporation announced the formation of B F Re Underwriters, LLC, an underwriting management group specializing in the underwriting of casualty facultative reinsurance on a direct basis. Daniel Avery, who was...
UNDERWRITING SECRETS REVEALED
Sep 16 2002 // The National Association of Insurance Women-San Antonio and the Independent Insurance Agents of San Antonio are jointly sponsoring “Underwriting for Non-Underwriters,” a seminar to be held October 2 in San...
Allied World Names Sr. Underwriter, Asst. VP
Sep 10 2002 // Bermuda-based Allied World Assurance Company (AWAC) announced that Scott Carmilani has been named to the position of Senior Underwriting Officer and that Leon L. Bascome has been appointed to the position of Assistant VP,...
Underwriting Seminar for Non-Underwriters to be Held in San Antonio
Sep 4 2002 // The National Association of Insurance Women-San Antonio and the Independent Insurance Agents of San Antonio announced a jointly sponsored “Underwriting for Non-Underwriters” seminar to be held Oct. 2, in San...
NAII Urges WV. DOI To Preserve Use Of Credit In Underwriting, Rating
Sep 4 2002 // The West Virginia Department of Insurance’s informational letter addressing credit-based insurance scoring in personal lines would severely restrict the use of a proven underwriting and rating tool, according to the...
Chicago Board of Underwriters to Host 154th Annual Luncheon Meeting
Aug 30 2002 // The Chicago Board of Underwriters announced that the it will hold its 154th Annual Meeting and Luncheon on Wednesday, September 18, 2002 at the Union League Club of Chicago. The event will include a keynote address and...
