Underwriting & Pricing
Berkley Underwriting Partners Is Now Berkley Program Specialists
Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. "We ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...
NASA Launches Drones from Virginia to Study Storms
NASA scientists are using former military surveillance drones to help them understand more about how tropical storms intensify, which they say could ultimately save lives by improving forecast models ...
Allstate CEO Dismisses GEICO Threat in Race for Auto Insurance Market Share
Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car-insurance market share in the last three years, said competitor GEICO could struggle to expand sales as it seeks to sell more ...
Third Point Re’s Underwriting Model to Top Greenlight’s, Advises JPMorgan
Dan Loeb's Third Point Reinsurance Ltd., which had a public offering last month, will probably produce better underwriting results than David Einhorn's Greenlight Capital Re Ltd., JPMorgan Chase ...
Future of AIR Worldwide’s Touchstone to Include Non-Cat Risk Analysis
Catastrophe modeling firm AIR Worldwide on Monday announced that its next-generation software platform, Touchstone, will include the ability to account for both catastrophe and non-catastrophe risks ...
Commercial Insurance Prices Continue Steady Increase, Towers Watson Survey Shows
Commercial insurance prices rose by 6 percent in aggregate during the second quarter of 2013, marking the 10th consecutive quarter of price increases, according to the latest Commercial Lines ...