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BestWeek: Will Hybrid Cars Attract Preferred Insureds?


OLDWICK, N.J. -- As automakers report waiting lists of car buyers eager to get behind the wheel of their new hybrids, insurers are evaluating their underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 criteria for cars powered by both gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by  and electric motors. Their initial findings may surprise you.

The May 30 edition of BestWeek provides an exclusive report on why industry observers say hybrid drivers are less likely to incur To become subject to and liable for; to have liabilities imposed by act or operation of law.

Expenses are incurred, for example, when the legal obligation to pay them arises. An individual incurs a liability when a money judgment is rendered against him or her by a court.
 claims. But they contemplate possible downsides.

Other exclusive news reports in the latest edition of BestWeek include:

--The competitive battle for individual health insurance is heating up. Find out why the new entrants are shaking up the market.

--Eighteen months after China's three largest insurers became publicly traded some interesting business trends are emerging.

--Ewen Gilmour Gilmour may refer to:
  • Bill Gilmour (director) (born 1939), television director for soap opera Coronation Street
  • Billy Gilmour (1885–1959), Canadian ice hockey player
  • David Gilmour (born 1946), English guitarist and member of Pink Floyd
, chief executive of Lloyd's insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual.

An insurer is frequently an insurance company and is also known as an underwriter.
 Chaucer Holdings, talks with BestWeek about why contract certainty reform looks like a sure thing.

BestWeek is published by A.M. Best Co. for insurance professionals, including home office executives, agents and brokers.

To subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 BestWeek, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at http://www.ambest.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 27, 2005
Words:217
Previous Article:A.M. Best Affirms GEICO's Ratings; Assigns Issuer Credit Ratings.
Next Article:Bally Total Fitness Announces Employment Inducement Awards to Carl J. Landeck, Jim McDonald and Katherine L. Abbott.



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