Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
CNA Hires DeVinney as Commercial Underwriting Officer in New York
Nov 17 2014 // David DeVinney CNA Financial Corporation hired David DeVinney as commercial underwriting officer for its branch offices in Long Island and Westchester, New York, and Hartford, Connecticut. Based in New York, DeVinney will...
Catlin Group Interim Report Shows 11% Hike in Gross Premiums Written
Nov 13 2014 // Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the nine-month period ended September 30, 2014, which shows premiums reported...
Utah Now Scene of Legal Battle Involving Rolling Stones
Nov 11 2014 // Insurance underwriters involved in a legal battle with the Rolling Stones over a $12.7 million claim have won permission to seek evidence in Utah about the mental health of Mick Jagger’s girlfriend before she took...
Arch Insurance Europe Buys Resource Underwriting Pacific in Australia
Nov 11 2014 // Arch Insurance Europe has acquired 100 percent of Resource Underwriting Pacific Pty Ltd (RUPPL), the Melbourne-based MGA. RUPPL will be added to Arch Insurance Europe’s current holdings in Australia. James...
Allied World to Name Lightbown Chief Underwriting Officer, Global Markets
Nov 10 2014 // Allied World Assurance Company Holdings, AG announced that Neil Lightbown will be appointed as Chief Underwriting Officer of Allied World’s Global Markets segment, which will include Asia, Europe, and Latin America,...
Ambrose, Last Join ANV’s Professional Lines Team in Expansion Move
Nov 10 2014 // ANV Holdings BV announced it has strengthened its team of underwriters with two new hires in the Professional Lines division of ANV Syndicate 1861. Tracy Ambrose has been hired as Lead Underwriter for Professional...
CNA Appoints Execs to Hardy’s Energy, Marine, Aviation Team
Nov 6 2014 // CNA Financial Corporation announced several senior appointments to the Energy, Marine and Aviation (EMA) team of London-based Hardy (Underwriting Agencies) Limited, an independent wholly-owned, indirect subsidiary of CNA,...
Blue River Underwriters D. Scott Tramel and John Searles Launch USL&H and Maritime Employers Liability Insurance Program
Nov 6 2014 // KENNESAW, GA, November 6, 2014 — Blue River Underwriters, a division of Breckenridge Insurance Group, has introduced a new United States Longshoreman and Harbor Workers Act (USL&H) and Maritime Employers Liability...
EXL Acquires Underwriting Support Services Firm, Overland Solutions
Nov 4 2014 // Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys...
AIG Q3 Net Income Rises 1% to $2.19B, More Share Buybacks Planned
Nov 4 2014 // Insurer American International Group on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations. After-tax operating income jumped 23 percent from...
Wholesaler RT Specialty Acquires Tennessee Underwriters
Nov 4 2014 // Ryan Specialty Group’s wholesale brokerage, R-T Specialty, LLC (RT) has acquired the assets of excess and surplus broker, Tennessee Underwriters Inc. (TUI). A family-owned business, TUI was formed in 1980 in...
Boston Insurance Brokerage Hires Roderiques as Workers’ Comp Underwriter
Nov 3 2014 // John Roderiques Boston Insurance Brokerage Inc., a national wholesale broker based in Boston, has hired John Roderiques as an underwriter of workers’ compensation, to further develop and manage the firm’s...
How to Navigate Today’s Agency E&O Market
Nov 3 2014 // While many agencies stick with their agency errors and omissions (E&O) carrier, those that do shop around tend to do so when premiums are rising. According to Insurance Journal‘s exclusive 2014 Agency E&O...
A.M. Best Upgrades Rating of Greenlight Reinsurance Ireland
Oct 31 2014 // A.M. Besthas upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Greenlight Reinsurance Ireland...
The Hartford Profit Up 32% in Q3
Oct 29 2014 // The Hartford reported third quarter 2014 net income totaled $388 million, up 32 percent from $293 million in third quarter 2013. The insurer said core earnings were $477 million for the three months ended Sept. 30, 2014,...
Stratton Promoted to Property/Casualty Underwriter at J.M. Wilson
Oct 28 2014 // J.M. Wilson has promoted Kristy Stratton to property/casualty underwriter in its Portage, Mich., office. She is responsible for quoting new and renewal accounts for a wide variety of commercial property and casualty risks,...
Barker Joins ANV Syndicate 1861 as Political Risk & Violence Underwriter
Oct 28 2014 // ANV Holdings BV, the Dutch-headquartered specialty insurance business, announced that Julian Barker has joined its ANV Syndicate 1861 as an underwriter in the political risk & violence team. With more than a decade of...
Capstone Underwriters’ Bellet Honored by French Government
Oct 27 2014 // Alain A. Bellet, owner and president of Capstone Underwriters LLC, in Dallas, Texas, has been awarded the Medal of Chevalier of the Legion of Honor, the highest decoration given by the government of France. Alain...
Monarch Names Neville Senior Underwriter in California
Oct 24 2014 // Monarch E&S has named Deb Neville a senior commercial lines underwriter in its San Diego, Calif. branch office. Neville has extensive commercial lines experience and has been working in the excess and surplus lines...
ACE’s Greenberg Says TRIA Inaction ‘Shameful’; Defends Ebola Underwriting
Oct 22 2014 // The failure of Congress to renew federal terrorism reinsurance legislation is “shameful” because both political parties know it needs to be done and their differences are minor, an insurance executive said...
