Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Best Affirms Lloyd’s UK, China ‘A’ Ratings; Outlook Stable
Jul 26 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance...
CK Names Karber Southwest Regional Underwriting Manager
Jul 25 2012 // San Jose, Calif.-based CK Specialty Insurance Associates Inc., a surplus lines broker and managing general agent, named Roger Karber its Southwest regional underwriting manager. Karber has more than 22 years of insurance...
Dsouza Joins Argo Group in Dubai as Casualty, Professional Lines Underwriter
Jul 25 2012 // Argo Group International Holdings, Ltd. announced that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty and professional lines underwriter. He will report to Argo Re (DIFC’s) Chief Underwriting...
Catlin Appoints McMellin to Succeed Banas as U.S. CEO
Jul 24 2012 // The Bermuda-based Catlin Group Limited announced that Andrew McMellin, currently the group’s deputy chief underwriting officer, will become CEO of Catlin US effective September first. He will remain a member of the...
UK’s Pioneer Underwriting to Launch Professional Indemnity Team
Jul 24 2012 // Pioneer Underwriting, which conducts business in partnership with Liberty Syndicates, has launched a new specialty unit, Pioneer PI that will commence underwriting on August 1, 2012. The new platform will be a...
Republic Group Appoints Greenfield as Senior VP, Chief Underwriting Officer
Jul 20 2012 // Texas-based super regional property/casualty insurer, The Republic Group, named Thomas M. Greenfield to serve as senior vice president and chief underwriting officer of the group’s member companies. Greenfield, 51,...
Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles
Jul 20 2012 // The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a...
Montpelier Re Names Dalton President of Montpelier Underwriting
Jul 20 2012 // Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that John Dalton has been appointed President of Montpelier Underwriting Inc. (MUI), effective...
Insurers for Colleges May Tighten Underwriting After Penn St. Scandal
Jul 19 2012 // Liability insurance carriers and brokers that offer coverage to higher educational institutions have been watching the Penn State scandal unfold. And one broker says liability insurers are likely to tighten their...
RRGs Financially Stable Despite Q1 Underwriting Losses: Demotech
Jul 19 2012 // First quarter 2012 reported financial information indicates risk retention groups continue to exhibit financial stability. RRGs reported a $10 million net underwriting loss collectively, however, they also reported $49.8...
PartnerOne, Berkley Environmental to Offer Site Pollution Liability
Jul 12 2012 // PartnerOne Environmental , an underwriting division of Beacon Hill Associates’, is now working in partnership with Berkley Environmental, a dvision of Berkley Specialty Underwriting Managers, to offer site pollution...
Driving History Seen as Predictor of Individual’s Lifespan
Jul 11 2012 // It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine how much a consumer pays for car...
Appalachian Underwriters, Glencar Underwriting to Offer WC, GL, Auto
Jul 11 2012 // Appalachian Underwriters, Inc. (AUI) has been appointed by Glencar Underwriting Managers to offer a workers’ compensation, general liability and auto coverage program. Appalachian Underwriters is a licensed national...
N.Y.-Based Navigators Taps Zurich Exec to Lead Its Underwriting Agency
Jul 10 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group has appointed Vincent Tizzio as president and CEO of Navigators Management Company Inc., its principal U.S. underwriting agency subsidiary.Vincent TizzioHe will...
Appalachian Underwriters Restructures, Names 5 Regional Vice Presidents
Jul 10 2012 // Oak Ridge, Tenn.-based wholesale broker Appalachian Underwriters Inc. has restructured its organization to align with its regional strategy. The corporate office in Oak Ridge also houses the Southeast region. It has four...
Builder Agent Network Adds Hankins as Program Underwriter
Jul 9 2012 // Texas-based Builder Agent Network LLC announced that Debbie Hankins has joined the company as a program underwriter. Hankins will underwrite General Liability, Package, and Builders’ Risk for the MGA and will be...
Island Insurance Names Sato Assistant VP, Underwriting Services
Jul 6 2012 // Island Insurance Company Ltd. named Cizette Sato assistant vice president of its underwriting services division. Sato will continue to assist in the management of the company’s underwriting services division, where...
CNA Completes Acquisition of Hardy Underwriting Bermuda Ltd.
Jul 3 2012 // Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced the successful completion of CNA’s acquisition of Hardy, which was approved by Hardy shareholders in April 2012. The bulletin...
Catlin Names Huebel CEO of Canadian Unit, Other Executive Changes
Jun 28 2012 // The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada is the Group’s Canadian underwriting hub, headquartered in Toronto with...
P/C Insurers Profits Rose to $10.1B in Q1
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
