Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

Oregon Underwriters Association Names New Officers

May 24 2011 // The Chartered Property Casualty Underwriters Society Oregon Chapter has named its 2011 officers. They are: President Chuck Nagan, President-Elect Dale Thomas, Vice-President Linda Rooke, Treasurer Diane Connolly, Secretary...

Golden Gate Underwriters Association Names New Officers

May 19 2011 // The Chartered Property Casualty Underwriters Society Golden Gate Chapter has named its 2011 officers and board members. They are: President Michael Johnson; Treasurer Kelly Huang, Secretary Dan Miller, and Board Members...

New Day Underwriting Promotes Heft

May 18 2011 // New Jersey-based New Day Underwriting Managers has promoted John Heft to senior vice president, director real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the...

BMS Group’s Pioneer Underwriting Adds Personnel

May 17 2011 // The UK’s BMS Group announced that its Lloyd’s Managing General Agent subsidiary, Pioneer Underwriting and JH Intermediaries have added two new employees: John Andrews, as Business Development Director and Jade...

Steamship Mutual P&I Club Reports Strengthened Underwriting for FY 2010/2011

May 16 2011 // Steamship Mutual, a London-based global P&I (Protection & Indemnity) Club, announced that “during the 2010/11 financial year the Club’s underwriting performance has continued to strengthen and it has...

People

May 16 2011 // Newport Beach, Calif.-based GCube named Al Caceres senior vice president of underwriting covering all renewables, and Michael Durning executive vice president of client relations and business development. Both will be...

Outlook Negative but ‘A’ Rating Affirmed for Motorists Insurance Pool

May 13 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of The Motorists Insurance Pool (Motorists...

Best Revises Outlook on BP’s Jupiter to Stable; Affirms Ratings

May 10 2011 // A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of...

Fu Joins Pioneer Underwriting at BMS Group as Marine Underwriter

May 10 2011 // Pioneer Underwriting, BMS Group’s recently launched Lloyd’s MGA, announced that Amy Fu joins the team as a Marine Underwriter. BMS launched Lloyd’s Managing General Agent, Pioneer Underwriting, in April...

Garrison Joins J.M. Wilson as Underwriter

May 4 2011 // J.M. Wilson, a managing general agency based in Kansas City, Mo., has added Ariynna Garrison in Kansas City as property and casualty underwriter. Garrison is responsible for quoting new and renewal accounts for a wide...

Liberty International Underwriters in Europe Launches Football Charity Appeal

May 4 2011 // The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on...

How to Find Cyber Insurance for the Uninsurable

May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...

Underwriters Address Political Risk Exposures in Wake of Crisis

May 2 2011 // The civil and political unrest in Egypt and other parts of the Middle East and North Africa have brought to light how vital political risk coverage is — regardless of the country in which a company has operations. Roger...

Cooke to Head Lloyd’s Marketform Marine Cargo Underwriting

Apr 28 2011 // London-based specialist Lloyd’s insurer Marketform announced that experienced London Market underwriter Gary Cooke will join the company effective June first, as head of Marine Cargo Underwriting. “After two...

How P/C Insurance Industry Fared Financially in 2010

Apr 20 2011 // U.S. property/casualty insurers’ net income after taxes rose to $34.7 billion in 2010 from $28.7 billion the year before, with insurers’ rate of return on average policyholders’ surplus increasing to 6.5...

Alterra Announces Reinsurance Role Changes and Promotions

Apr 20 2011 // Bermuda-based Alterra Capital Holdings Limited announced several role changes and promotions that will affect its corporate and reinsurance operations, including the appointments of Greg Richardson as Executive Vice...

JW Wrobel & Associates Adds Innocent as Senior Underwriter

Apr 19 2011 // Irving, Texas-based JW Wrobel & Associates LLC has hired Kate Innocent as senior underwriter. Innocent will specialize in marketing, underwriting and placing small to medium surplus lines accounts for retail agencies...

SCF Arizona Names Williams Underwriting VP

Apr 19 2011 // SCF Arizona, the state’s largest provider of workers’ compensation insurance, has named Noel A. Williams vice president of underwriting. Williams hasextensive property and casualty experience in commercial...

Lloyd’s Insurer Sportscover Expands; Blunt to Underwrite Bloodstock

Apr 19 2011 // Lloyd’s insurer Sportscover has taken another step in its plans for expansion with the announcement that it has appointed a “highly respected Bloodstock underwriter, Robin Blunt.” He has been in the...

The Frequency Effect: An Easy Way to Make Your Ads More Memorable

Apr 18 2011 // Increased frequency = increased recall. That’s the frequency effect. Let’s look at some concrete examples. Each year, Insurance Journal magazine hires a third party research firm to conduct a “Recall and...