Underwriting
The Fracking Question: To Insure or Not to Insure?
When it comes to the use of evolving technologies in oil and gas production—such as hydraulic fracturing, or fracking—insurance companies are faced with one big question: to insure or not to ...
Top 10 States for Lightning Claims in 2013: I.I.I., State Farm Analysis
According to the Insurance Information Institute, Georgia was the top state for lightning claims in 2013. The state had an estimated 11,184 claims paid to policyholders, totaling $56 million. Texas, ...
Lighting Losses Fell for Insurers in 2013, But Average Claim More than Double Since 2004
Insured losses to homes from lightning strikes in the United States fell to their lowest level in a decade last year, as severe thunderstorm activity eased from near-record levels and dry weather ...
ANV Launches Cyber.Media MGU for U.S. Main St. Biz Backed by James River
ANV Holdings BV, a Dutch specialty insurance business, announced the opening of a U.S. managing general underwriter Thursday, focusing on communications and data security risks for "Main Street" U.S. ...
Lyles Joining XL from AIG to Lead Professional Lines
XL Group announced Friday that Kelly Lyles, a former AIG executive, will lead its XL's Global Professional lines of business. Lyles will be based in London, reporting to Greg Hendrick, Chief ...
Munich Re Gives Brazil Vote of Confidence; Covers World Cup Interruptions for $400M
Munich Re has up to $400 million on the line insuring against delays or cancellations of World Cup matches. The world's largest reinsurer is counting on Brazilian President Dilma Rousseff to do ...
House Opposes Boost in Truckers’ Minimum Insurance Limits
The House of Representatives voted narrowly this week voted to block the federal government from raising the minimum liability insurance limits for truckers as recommended recently by the regulatory ...
Top 10 Commercial Auto Insurers: Five-Year Underwriting Performance 2009-2013
A review of statutory underwriting results for the top 10 writers of commercial auto insurance reveals that those with the highest growth rates over the last five years also had the best combined ...