Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Beazley Adds Lamberg to Private Enterprise Underwriting Team
Mar 6 2012 // Beazley Group has appointed Sarah Lamberg to the U.S. Private Enterprise underwriting team, strengthening its commitment to small businesses in the technology industry. She is based in Chicago. Lamberg joins Beazley with...
AIG, Marsh & McLennan Q4 Earnings Improve
Mar 5 2012 // American International Group AIG reported a $19.8 billion profit for the 2011 fourth quarter, boosted by $17.7 billion in tax benefits. AIG said it has determined that it is likely to be consistently profitable in the...
People
Mar 5 2012 // The Inland Marine Underwriters Association (IMUA) has voted Swiss Re America senior vice president Peter Opinante to assume the chairmanship of the board. Opinante, who served as deputy chair, fills the seat vacated by...
People
Mar 5 2012 // Los Angeles, Calif.-based Poms & Associates Insurance Brokers Inc. has named John Rossetti vice president of the employee benefits group in the firm’s Albuquerque, N.M. office. Rossetti was previously an account...
Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders
Mar 5 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...
Float Like a Lizard
Mar 5 2012 // Every year, Berkshire Hathaway Chairman Warren Buffett issues a letter to shareholders in which he discusses the economy, investing and the performance of his companies. Buffett typically has good things to say about...
State Farm Profit Took Hit in Stormy 2011
Mar 1 2012 // State Farm lost $4.5 billion on its property/casualty underwriting in 2011 – which is $1.3 billion more than it lost in 2010. The Bloomington, Illinois-based mutual insurer cited catastrophe claims as the main reason for...
Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders
Feb 27 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.” Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...
AmWINS Transportation Underwriters Receives MGA Appointment for ‘A’ XV Rated Carrier to Underwrite Long Haul Truckers
Feb 27 2012 // Burlington, NC, 02/24/12 – AmWINS Transportation Underwriters is proud to be one of just five MGAs appointed with this ‘A’ XV rated carrier to underwrite this program, which targets above average for-hire...
CORE Underwriters Launches Habitational Program
Feb 24 2012 // CORE Underwriters is seeking partnerships to expand its distribution base across the country after launching its habitational insurance program. The program is available in 46 states and distributed through limited access...
AIG Posts Huge Q4 Profit on Tax Benefit; Chartis Reports $348M Income
Feb 23 2012 // Bailed-out insurer American International Group reported a $19.8 billion profit for the fourth quarter, after an accounting change that allowed the company to record an enormous one-time benefit. The move, which sent the...
NAS Appoints Palotay Senior Vice President Of Underwriting
Feb 23 2012 // NAS Insurance Services named Michael Palotay as senior vice president of underwriting. Palotay has been with Encino, Calif.-based NAS since 2009, managing production and strategy for the NAS underwriting department. He...
Success or failure on paper
Feb 23 2012 // Success or failure on paper By: David Connolly iQ Consulting They are the primary form of communication with our underwriters. They have a substantial impact on our reputation. They are often the difference between winning...
The Hartford Hires Chartis U.S. Underwriting Chief Tucker
Feb 22 2012 // Hartford Financial Services Group announced three senior management appointments, including Tom Tucker as chief underwriting officer of commercial markets and head of specialty casualty. He will start his post at The...
Professional Underwriting Group Provides Insolvency Carve Back
Feb 22 2012 // The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance...
Inland Marine Underwriters Association Announces New Board Chairman
Feb 16 2012 // The board of directors at Inland Marine Underwriters Association (IMUA) has voted Swiss Re America senior vice president Peter Opinante to assume the chairmanship of the board. Opinante, who served as deputy chair, fills...
Beyond Golf: P-U-T-T-E-R’s the Name of the Game in E&S World
Feb 16 2012 // Bill Reynolds, Atlantic Casualty Insurance Golf could be called the go-to sport of the insurance industry, so it’s safe to assume that most insurance professionals know what a putter is – a tool for cursing and...
United Heartland Names Miller Director of Corporate Underwriting
Feb 9 2012 // New Berlin, Wis.-based United Heartland has appointed Mary Miller as director of corporate underwriting. Miller recently joined United Heartland and is responsible for the ongoing development of the company’s...
Liberty International Underwriters Launches Cyber Liability Products
Feb 9 2012 // Agents and brokers have three new options for technology risks from Liberty International Underwriters (LIU). The specialty lines division of Liberty Mutual Insurance has started offering a trio of new primary cyber...
Have Insurers Lost the Capacity to Run an Underwriting Profit?
Feb 9 2012 // We frequently hear people ask, “When is the next hard market going to come?” And by that they typically mean double-digit increases in premium growth for a sustained period of time. Of course, no one knows. But...
