Insurance Underwriting Quotes

Underwriting is probably the smallest part of our business.

Pre-existing conditions for those previously insured must not lead to someone being unable to get insurance.

It is the normal and everyday activity of insurance companies to identify and segregate that part of the population which has the highest risk and either refuse to insure them at all or charge them a higher premium.

I prefer to underwrite. Simple, clear as a country creek.

At the top of the cycle you write policies for everybody, no matter how bad, and at the bottom you cancel everybody, no matter how good. It's a manic-depressive cycle.

If you know your life chances are greatly reduced, should you be in a position to take out life insurance if that knowledge is not available to the insurers?

I don't believe there's any evidence that credit scoring is a risk factor. What is it about someone having a worse credit score that makes them a worse driver? (Insurers) can't answer that.

In some cases, corporations engaged in this activity have as much as 16 percent of their profits generated through the holding of 'janitor's insurance.'

The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759 (still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).

Auto insurance is a toll bridge, over which every honest driver has to pass.