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U.S. P/C Insurers Report 2020 Underwriting Profits Despite Costs of COVID-19: Fitch

Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...

Why Character Is So Important for Underwriting Surety Bonds

Apr 8 2021 // This post is part of a series sponsored by Old Republic Surety. When a surety company asks personal questions of construction clients, they may think the surety is too invasive. Here’s why the answers to those...

Federal Court Won’t Intervene in Applied Underwriters Case Against California Regulator

Apr 5 2021 // A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance. The case against the CDI is based upon...

Applied Underwriters Acquires Florida Casualty Insurance Co.

Mar 18 2021 // Florida Casualty Insurance Co. (FCIC), formerly Ashmere Insurance Co., has been acquired by Applied Underwriters and will become part of Applied’s national and international development plan. The newly re-branded,...

Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains

Mar 18 2021 // Over the last decade, as insurers and reinsurers have sought profitable opportunities for growth, they increasingly have handed the underwriting pen to managing general agents, managing general underwriters, program...

Swiss Re Announces Net-Zero Climate Targets in Underwriting, Investments

Mar 16 2021 // Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset management and its own operations. “Climate change remains the biggest...

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