Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
J.M. Wilson Adds Pusateri as Underwriter in Wisconsin
Nov 8 2012 // Managing general agency J.M. Wilson has hired Kristen Pusateri as property/casualty insurance underwriter in its Madison, Wis., location to review, quote, bind and service commercial P/C accounts for Wisconsin independent...
RLI Acquires Houston’s Rockbridge Underwriting Agency
Nov 7 2012 // RLI Corp. announced it has acquired Rockbridge Underwriting Agency, a Houston-based managing general agency specializing in medical malpractice insurance. Led by founder and Chairman James R. Brooks, Rockbridge...
Berkley Technology Underwriters to Offer International Coverage Through Lloyd’s
Nov 6 2012 // Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter, has been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able...
Berkley Technology to Cover U.S. Tech Business through Lloyd’s
Nov 6 2012 // Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter and part of the W.R. Berkley Group, announced that it has “been accredited as a Coverholder on behalf of Lloyd’s of...
RLI Acquires Medical Malpractice Underwriting Agency
Nov 5 2012 // RLI Corp. has acquired Rockbridge Underwriting Agency, a managing general agency specializing in medical malpractice insurance. Rockbridge Underwriting Agency is a Houston-based managing general agency specializing in...
Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks
Nov 5 2012 // A slow trend toward economic recovery in the United States may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in...
Palmer Joins Griffin Underwriting Services in Washington
Nov 2 2012 // Griffin Underwriting Services named Merry Palmer a program broker. In this new position, Palmer will be responsible for program brokerage production and marketing as well as bringing depth and focus to Griffin’s...
Allied World U.S., Venture Underwriters Launch GL Program for Contractors
Oct 25 2012 // Allied World U.S. and Venture Underwriters, Inc. have entered into an agreement to provide a general liability program for commercial contractors. The program will target specialty trade contractors and small general...
Verisk Insurance Solutions Enhances Foreclosure Alert Product
Oct 24 2012 // Verisk Insurance Solutions – Underwriting, a unit of Verisk Analytics has added an enhancement to its Foreclosure Alert that identifies if a property has previously been in foreclosure at the point of sale....
Willis Expands Acquaculture Division, Hires New Underwriter to Lead
Oct 23 2012 // Recent studies show that wild fish stocks around the world are declining faster than feared – with more than half of fisheries worldwide facing shrinking stocks. As a result the demand for farmed fish is intensifying and...
Liberty International Underwriters Expands U.S. Global Crisis Management Unit
Oct 22 2012 // Liberty International Underwriters has set up a Dallas-based operation dedicated to handling Global Crisis Management (GCM) business for the southeastern and southwestern U.S. Led by Tom Dunlap, assistant vice president...
Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks
Oct 22 2012 // A slow trend toward economic recovery in the U.S. may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in sales...
Travelers Profit Soars to $864M in Q3 as Catastrophe Losses Fall
Oct 18 2012 // The Travelers Companies Inc. reported today $864 million net profit for the third quarter — up 159 percent from the same period a year ago when the insurer posted a $333 million profit. Travelers’ latest...
Chairman Nelson Talks About the Future of Lloyd’s
Oct 16 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
XL Group Promotes O’Malley to Lead Environmental Underwriting
Oct 11 2012 // XL Group plc has promoted Matthew V. O’Malley to a new role as head of environmental underwriting operations in XL Group’s insurance operations. He is based in XL Group’s Exton, Penn., office. Most...
Best Affirms Greenlight Re and Affiliates Ratings; Outlook Stable
Oct 10 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Greenlight Reinsurance, Ltd., as well as the FSR of ‘A-‘...
Slow and Steady: Optimism Good for Surplus Lines Market in 2012
Oct 9 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
Chairman Nelson Charts Future Course for Lloyd’s
Oct 8 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
Slow and Steady: Surplus Lines Industry Reverses Downward Trend; Optimism Good for 2012
Oct 8 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
P/C Insurers’ Profits Jump in First Half as Catastrophe Losses Drop
Oct 4 2012 // U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011, with insurers’ overall profitability as measured by their annualized rate...
