Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Griffin Underwriting Names Wray Underwriter in Portland
Oct 8 2010 // Griffin Underwriting Services of Bellevue, Wash., has added Carrie Wray as a property/casualty underwriter in the company’s Portland, Ore., office. Wray will be responsible for underwriting and marketing contract...
S&P Raises AFG’s Subsidiaries Ratings to ‘A+’; Outlook Stable
Oct 7 2010 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on American Financial Group’s (AFG) core insurance subsidiaries to ‘A+’ from...
CNA Appoints Day VP of Specialty Underwriting – Accountants PL
Oct 7 2010 // Chicago-based CNA has named Jeff Day as vice president of Underwriting for its Specialty Lines Group. In this role, Day has responsibility for the global insurer’s Accountants Professional Liability program. Day has...
Crump Acquires Target Underwriting
Oct 4 2010 // New Jersey-based wholesaler Crump Property & Casualty Insurance Services Inc. has acquired Target Underwriting Management Corp., a managing general underwriter and program administrator headquartered in...
Freedom Specialty, MGIS Underwriting to Offer Medical-Professional Coverage
Oct 4 2010 // Freedom Specialty Insurance Co. recently partnered with MGIS Underwriting Managers, Inc. (MGIS) to offer medical-professional liability insurance, a specialized policy built exclusively for physicians. The Freedom policy...
Syndicates – The Heart of the Market
Oct 4 2010 // Catlin, and Other Lloyd’s Syndicates As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their...
Five Star Specialty Programs Launches Healthcare Practice
Sep 30 2010 // Five Star Specialty Programs, a division of Crump Insurance Services Inc. and part of Crump Group Inc., announced it is launching a new health care practice based in Sacramento, Calif. The practice, known as Five Star...
Lloyd’s Chaucer to Launch New International Liability Division
Sep 24 2010 // Lloyd’s insurer Chaucer has outlined its plans for the launch of a new International Liability Division by the end of the year, according to a bulletin on the Lloyd’s web site. “The move follows a series...
Cooper Joins WSG Specialty Underwriters in Texas as Senior VP
Sep 17 2010 // Wilson Smith Group LLC announced that Gary Cooper has joined the group’s Texas operation, WSG Specialty Underwriters, as senior vice president. Cooper brings an extensive insurance background in retail and wholesale...
P/C Insurers Post First Half Profit Despite Underwriting Losses
Sep 16 2010 // Private U.S. property/casualty insurers’ net income after taxes rose to $16.5 billion in first-half 2010 from $6 billion in first-half 2009, with insurers’ overall profitability as measured by their annualized...
Best Lowers Macau Insurance Ratings; Outlook Revised to Stable
Sep 15 2010 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Macau...
Lloyd’s Recreates Famous Underwriting Room in Dublin for Charity
Sep 14 2010 // Lloyd’s has recreated its underwriting room in Dublin in the first event of its kind seen in Ireland. The unusual event “allowed representatives from the Irish and Lloyd’s markets to discuss their...
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Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...
10 Comments
Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...
CNA Appoints Stegemiller Commercial Underwriting Officer for San Francisco
Aug 25 2010 // James Stegemiller has been appointed Commercial Underwriting officer for CNA’s San Francisco territory. In this role, Stegemiller will work collaboratively with branch vice presidents and business development leaders...
PPIG Acquires Priority Insurance Underwriters
Aug 23 2010 // Pacific Pioneer Insurance Group, the parent company of UCA General Insurance and Pacific Excess Insurance, has acquired Priority Insurance Underwriters. Located in Arizona, PIU is a wholesale broker that does business...
U.S. Risk Names Mullens VP, Senior Underwriter
Aug 20 2010 // U.S. Risk Insurance Group Inc. named Mike Mullens a vice president and senior underwriter in the U.S. Risk Underwriters Inc. Dallas office. Mullens will head up the U.S. Risk newly formed social services program...
Argo Group Appoints Fleischer as E&S Segment Chief Underwriting Officer
Aug 20 2010 // The Excess and Surplus Lines segment of Argo Group International Holdings, Ltd. has appointed Michael Fleischer as E&S segment chief underwriting officer. Fleischer will work closely with E&S segment businesses...
People
Aug 16 2010 // Insurance brokerage Marsh appointed Ron Marx as a senior vice president in its San Diego office. Marx brings 30 years of risk management and insurance experience to Marsh. He joins the company from Willis, where he led the...
People
Aug 16 2010 // Insurance brokerage Marsh appointed Ron Marx as a senior vice president in its San Diego office. Marx brings 30 years of risk management and insurance experience to Marsh. He joins the company from Willis, where he led the...
