1. Among the biggest gainers was Executive Risk Inc., a Simsbury-based company that underwrites liability insurance for company directors and officers. 2. Banks gained the authority to apply for new powers, including the right to sell and underwrite insurance. 3. Banks still cannot underwrite insurance, but they can now sell it, and a handful have geared up to do so. 4. Banks also would be able to underwrite insurance, in addition to selling policies. 5. Citizens Trust Bank can now sell and underwrite insurance and become more of a one-stop shop, like many of its competitors. 6. Launch schedules could be imperiled, some executives say, because permits are needed for American manufacturers to present technical information to foreign companies that underwrite space insurance. 7. National banks would be allowed to sell insurance products, but they would be barred from directly underwriting insurance. 8. The Major League Baseball Players Association helped sponsor the game and underwrote insurance for its participants, none of whom got hurt. 9. The safe deposit insurance is being underwritten by the Aetna Casualty and Surety Co., which hopes to offer it elsewhere if the New York program is successful. 10. The Toronto-based company underwrites car insurance for drivers with violations or accidents on their records. |