Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Utah Underwriters Society Names New Officers
Jun 30 2011 // The Chartered Property Casualty Underwriters Society Utah Cchapter has installed its 2011-2012 officers. They are: President Glen Kuball, Vice President, Underwriting, Workers Compensation Fund; Vice President, Lee...
Mitsui Sumitomo at Lloyd’s Names Rayner to Head P&C Underwriting
Jun 29 2011 // Mitsui Sumitomo at Lloyd’s has appointed Graeme Rayner as Head of Underwriting, Property and Casualty, in a move it described as designed to drive “growth in the UK and Irish markets.” Rayner, who was...
P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew
Jun 22 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...
DUAL Corporate Risks Appoints Blake Prof. Indemnity Underwriter
Jun 21 2011 // UK-based specialist underwriting agency DUAL Corporate Risks has appointed Christopher Blake as a Professional Indemnity Underwriter in the company’s National Business Unit. He was previously at Chartis where he...
NAS Insurance Promotes Ruiz to Underwriter
Jun 20 2011 // Encino, Calif.-based NAS Insurance Services has promoted Jose Ruiz to underwriter. Ruiz started at NAS four years ago as an underwriting assistant. His underwriting specialties include: miscellaneous errors and omissions,...
Expert Assesses Cyberinsurance Market: Demand, Prevention, Recovery
Jun 20 2011 // Demand for cyberinsurance was rising even before the most recent highly-publicized parade of breaches at major corporations and organizations. After the news of the first major Sony hack but before the subsequent reports...
People
Jun 20 2011 // Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board. Denver Regional Office Underwriting Manager Jolene Grow was...
Everest Re Names Addesso President; Doucette Chief Underwriting Officer
Jun 17 2011 // The Bermuda-based Everest Re Group announced that Dominic J. Addesso has been promoted to President. He joined Everest two years ago as Executive Vice President and Chief Financial Officer. Prior to his employment with the...
Catlin Re Switz. to Open Madrid Office; Augments Underwriting Staff
Jun 16 2011 // Catlin Re Switzerland, the continental European reinsurer of the Bermuda-based Catlin Group Limited, announced that as of July 1, 2011, it will underwrite treaty reinsurance business from a new office in Madrid, focusing...
Ascot Appoints Karns to Houston Underwriting Unit
Jun 14 2011 // Lloyd’s Ascot Underwriting Ltd announced the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. in Houston. He is a local resident with “19 years of experience in the US Energy market, most...
IMS/London American Adds Travis as Senior Commercial Underwriter
Jun 13 2011 // IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the...
Best Upgrades State Farm General Insurance Co.’s Ratings
Jun 9 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of State Farm General...
Bowden joins Lloyd’s Marketform as D&O Underwriter
Jun 8 2011 // Lloyd’s insurer Marketform announced that Directors’ and Officers’ liability underwriter Alexis Bowden has joined the company. She spent 11 years underwriting D&O at ACE European Group prior to...
Golden Gate Underwriters Society Names New Officers
Jun 7 2011 // The Golden Gate Chapter of the Chartered Property Casualty Underwriters Society has named its 2011-2012 officers. They are: President Michael Johnson, Treasurer Kelly Huang, Secretary Dan Miller, and Board Members Marcus...
Arizona Underwriters Society Names New Officers
Jun 7 2011 // The Arizona Chapter of the Chartered Property Casualty Underwriters Society has named its new officers and directors for the 2011-12 term. They are: President Tom Gutierrez; Vice President Tim Goeller; Treasurer Lisa...
Business, Home Safety Institute Changes Leadership
Jun 6 2011 // The Insurance Institute for Business & Home Safety announced a change of leadership with the elevation of Carl Hedde, senior vice president of Munich Reinsurance America Inc., from vice chairman to IBHS chairman. In...
Catlin Launches Service Initiative for UK, Lloyd’s Brokers
Jun 6 2011 // The Catlin Group Limited announced a “major initiative by the Catlin Syndicate at Lloyd’s and Catlin UK to improve the service provided to brokers.” Catlin explained that as part of the new services its...
MarketScout Expands Personal Lines Underwriting Capability
Jun 3 2011 // MarketScout, a Dallas-based electronic insurance exchange with managing general agent (MGA) and wholesale operations, has expanded its business by opening a personal lines underwriting facility in Fort Lauderdale, Fla. The...
Appalachian Underwriters, American Alternative Partner on Commercial Auto
Jun 2 2011 // Appalachian Underwriters, Inc. (AUI) has been appointed by American Alternative Insurance Corporation (AAIC) to offer nationwide commercial auto coverage. Appalachian Underwriters is a licensed national managing general...
A.M. Best Downgrades Ratings of State Auto Insurance Companies
Jun 2 2011 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance...
