Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Nov 14 2010 // Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale broker Swett...
The ‘Secrets of the Ancients’
Nov 14 2010 // How Insurance Companies Can Live to Be 100 and Beyond Companies that seek longevity in the insurance industry should not focus solely on increasing profits. That’s the assessment of Robert P. Hartwig, president and...
Catlin’s Interim Statement Highlights Premium Gains
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines. The bulletin said: “Group-wide net premiums earned increased by 13 percent...
How Insurance Companies Can Live to Be 100 and Beyond
Nov 8 2010 // Companies that seek longevity in the insurance industry should not focus solely on increasing profits. That’s the assessment of Robert P. Hartwig, president and economist for the Insurance Information Institute. In...
James Joins RSI International in Commercial Underwriting Unit
Nov 8 2010 // RSI International Inc., a Texas-based managing general agency, announced that Robin James has joined its Commercial Underwriting Department in Arlington. James joins RSI after relocating to Texas from Goldsboro, N.C.,...
Rogers to Lead Marsh ProBroker; Reid is Commercial Underwriting Mgr.
Nov 2 2010 // Marsh’s London office announced the appointment of Mike Rogers as head of Marsh ProBroker, its UK community of independent brokers. He joins Marsh from Towergate’s Broker Network where he was Head of Business...
AIM and Quincy Mutual Launch Underwriting Alliance
Nov 2 2010 // A.I.M. Mutual Insurance Companies and Quincy Mutual Group will join forces to to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to...
People
Nov 1 2010 // Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and...
The ‘Secrets of the Ancients’
Nov 1 2010 // How Insurance Companies Can Live to Be 100 and Beyond Companies that seek longevity in the insurance industry should not focus solely on increasing profits. That’s the assessment of Robert P. Hartwig, president and...
Ohio’s Healthcare Underwriters Group Returns 3rd Consecutive Dividend
Oct 29 2010 // Medical liability insurer Healthcare Underwriters Group Mutual of Ohio announced a $1 million dividend to its policyholders/owners. In the last 30 months the group has distributed $3.5 million in dividends to its doctor...
Leavitt Recreation & Hospitality Names Burdick as New Program Underwriter
Oct 29 2010 // Leavitt Recreation & Hospitality Insurance (LRHI) has named Mitch Burdick as the new program underwriter for their RV park and campground program. Burdick has been with the agency since 2006 as a producer and account...
RenaissanceRe Q3 Net Income $204.8 Million; Operating $90.9 Million
Oct 28 2010 // Bermuda-based RenaissanceRe Holdings Ltd reported net income available to common shareholders of $204.8 million or $3.70 per diluted common share in the third quarter of 2010, compared to net income available to common...
Cratem Named Underwriting Chief at Sunshine State Insurance in Florida
Oct 25 2010 // Michael R. Cratem, an insurance executive with 18 years in the business, has been named vice president and chief underwriting officer at Sunshine State Insurance Co., which writes homeowners’ insurance in...
Catlin Re Switzerland Expands Underwriting Staff
Oct 22 2010 // Catlin Re Switzerland, the European reinsurance company currently being formed by Catlin Group Limited, headquartered in Zurich, has announced two additions to its underwriting staff. Christophe Chandler, currently a Class...
Chubb Announces Management Changes Following Degnan Retirement
Oct 21 2010 // In anticipation of the previously announced retirement of Chief Operating Officer John J. Degnan on Dec. 31, 2010, John D. Finnegan, chairman, president and chief executive officer of The Chubb Corp. announced several...
HCC Insurance Holdings Creates New Underwriting Unit, HCC Specialty
Oct 20 2010 // Houston-based HCC Insurance Holdings Inc. is combining its Professional Indemnity Agency (PIA), HCC Public Risk, and HCC Specialty Underwriters units under a newly created underwriting division, HCC Specialty. HCC...
Murphy Named Vice President Underwriting for Technology at CNA
Oct 19 2010 // CNA has named Valynda Murphy as vice president of underwriting for its Commercial Technology segment. In this role, Murphy will collaborate with the global insurer’s other key business units to further strengthen...
Lloyd’s McGovern Works to Expand No. American Business; Part II
Oct 18 2010 // Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to...
People
Oct 18 2010 // Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join...
ACE Makes Marine Appointments
Oct 14 2010 // ACE Global Markets (AGM) announced key appointments as part of a restructuring of its Marine team in London, as follows: Mike Reynolds has been promoted to Class Underwriter for the Marine Hull and Marine Liability...
