Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
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...
XL Expands Technology Underwriting Staff in New York, Atlanta, Chicago
Jun 26 2012 // XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six underwriters to its U.S. cyberliability underwriting group and appointing a new vice president to its Select...
CNA Names Takahashi Underwriting Consulting Director
Jun 22 2012 // CNA, the national program underwriter for the American Institute of Certified Public Accountants Member Insurance Program, named Clyde Takahashi underwriting consulting director for its accountants professional liability...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market
Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...
RiskMeter.com Partners With BuildFax to Offer Roof Age Reports to Carriers
Jun 20 2012 // RiskMeter Online, a provider of real-time natural hazard risk reports, is now offering an enhanced product in conjunction with BuildFax, the creator of the first and only database of historical building permit data....
J.M. Wilson Adds Underwriters in Kansas City
Jun 19 2012 // Managing general agency J.M. Wilson has added two underwriters to its Kansas City, Mo., team. Eric Shwarz is a new property/casualty underwriter and Kefentse Mandisa is a new transportation underwriter. Shwarz and Mandisa...
How Predictive Modeling Has Revolutionized Insurance
Jun 18 2012 // The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine...
Why Preparation Can Prevent Hurdles from Becoming Project-Killers in Construction Delays
Jun 18 2012 // Financing and Weather Among Top Delay Issues Keeping a construction project on track and on schedule is a big job. Many different pieces need to be in place at the right time. One big issue that often arises is the problem...
Aulenbacher Joins American Underwriting Managers as Marketing Director
Jun 15 2012 // American Underwriting Managers, a surplus lines MGA with offices in Southlake and San Antonio, Texas, has added Gay Aulenbacher, as vice-president, director of Marketing. Aulenbacher has served in the insurance agency and...
Arch Re Europe Announces Leadership Team Reorganization
Jun 13 2012 // Arch Reinsurance Europe Underwriting Limited announced that Maamoun Rajeh will be appointed as the company’s President and CEO as of July 1, 2012. He will succeed Helmut Söhler, who will assume the position of Vice...
Accident Fund Holdings Names Carney Chief Underwriting Officer
Jun 13 2012 // Michigan-based Accident Fund Holdings Inc. has appointed William G. Carney as chief underwriting officer. Carney recently joined Accident Fund Holdings’ executive team and is responsible for overseeing the...
UK’s CFC Launches Excess Underwriting Capability
Jun 11 2012 // London-based CFC Underwriting has launched an excess underwriting capability. CFC is a specialist lines underwriting agency backed by 17 Lloyd’s syndicates. It has clients in over 50 countries around the world and...
XL Political Risk, Trade Credit Unit Gets Approval for Lloyd’s Expansion
Jun 11 2012 // XL Group announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd’s to write Political Risk and Trade Credit risks using the Lloyd’s platform via XL Group’s...
Maine-Based WC Insurer MEMIC Group Hires 2 Senior Underwriters
Jun 7 2012 // The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, has appointed two senior underwriters: Mark Darragh for New Jersey and surrounding areas operations and Katrinka Casamassa for...
Atlas Expands Commercial Auto Insurance Underwriting to Utah
Jun 7 2012 // Atlas Financial Holdings, Inc.has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
Rockhill Launches E&S Primary General Liability Underwriting Unit
Jun 4 2012 // Rockhill Insurance Group has expanded its product offerings to include primary general liability. The new underwriting unit will be led by Bob Stone, who will be based in Dallas, Texas. Stone will focus on building a...
Atlas Adds Rodgers as Senior Underwriter
Jun 1 2012 // San Diego, Calif.-based Atlas General Insurance Services LLC hired Kevin Rodgers as a senior underwriter. Rodgers comes to Atlas with underwriting experience from various insurance companies while working in workers’...
Fireman’s Fund Appoints Shanks as Underwriting Executive in Chicago
May 31 2012 // Fireman’s Fund Insurance Co. has appointed Eric Shanks to the position of senior vice president, personal insurance underwriting executive. Shanks will be based in Fireman’s Fund’s Chicago office. In his...
FCCI Insurance Expands to Maryland, Hires New Marketing Underwriter
May 22 2012 // Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency...
W. R. Berkley Corp. Forms Marine Division of Berkley Offshore Underwriting Managers
May 22 2012 // W. R. Berkley Corp. has formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore will underwrite a full spectrum of marine hull and liability...
