Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Saporito Joins NSM as Business Development Underwriter
Jul 13 2010 // Cathy Saporito has joined program administrator NSM Insurance Group as a business development underwriter in the Mid-Atlantic region. She will provide knowledge and leadership on both regional sales and marketing and...
State Auto Western Region Reports Additions, Promotions in Texas
Jul 9 2010 // State Auto Western Region has announced the following staff additions and promotions in Texas: Steve Harmon has joined State Auto as a business insurance account executive. In this role, Harmon will have responsibility for...
Franz Named Senior VP at Capstone Underwriters
Jul 7 2010 // Stephen M. Franz has been named senior vice president of Dallas-based managing general agency and wholesale broker Capstone Underwriters LLC. Franz has been with Capstone since 2004. Prior to Capstone, he held positions at...
Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions
Jul 6 2010 // Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the...
The Buckner Company’s Seegrist Named Health Underwriter of the Year
Jul 1 2010 // Alan Seegrist of The Buckner Co. has been awarded Health Underwriter of the Year by the Utah Chapter of The National Association of Health Underwriters. Seegrist was selected as the recipient of this award because of his...
Best Upgrades Markel International’s Issuer Credit Rating
Jul 1 2010 // A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of UK-based Markel International Insurance Company...
Catlin to Establish Swiss Reinsurer
Jun 29 2010 // The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the...
P/C Insurers Return to Profitability in Q1 With $8.9B in Net Income
Jun 23 2010 // The property/casualty industry returned to profitability in the first quarter of 2010 despite continuing declines in both written premiums and earned premiums. Private U.S. property/casualty insurers’ net income...
How to COPE with Apartments
Jun 21 2010 // COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of...
Utah Chartered Property Casualty Underwriters Chapter Installs Officers
Jun 17 2010 // The Utah Chapter of the Chartered Property Casualty Underwriters has installed officers for the 2010-2011 term. Officers include: President Melanie Hamilton of Hamilton Insurance Associates Inc. in Salt Lake City; Vice...
Pacific Gateway Insurance Adds To Underwriting Staff
Jun 14 2010 // Pacific Gateway Insurance of Valencia, Calif., has added the field underwriting staff previously with Berkshire Hathaway Homestate Companies. Pacific Gateway acquired BHHC’s property/casualty division in...
The Competitive Advantage: Opportunity Knocks
Jun 11 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...
OnPoint Underwriting Adds Surety Bond Coverage for Tribal Clients
Jun 9 2010 // OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M....
Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook
Jun 9 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and...
Texas High Court Sides with Lloyd’s in Contractual Liability Exclusion Case
Jun 7 2010 // The Texas Supreme Court has found in favor of an excess insurance provider in a case involving the contractual liability exclusion in a Commercial General Liability (CGL) policy. In 1993, Dallas Area Rapid Transit...
People
Jun 7 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...
People
Jun 7 2010 // Crump Insurance Services Inc. has invested in new talent for its Atlanta brokerage location. Terry Sherwin has joined Crump as the Atlanta office leader; and property brokers Alex Duran, Jordan Yoss and Carl Feldhaus have...
People
Jun 7 2010 // Louisiana Workers’ Compensation Corp. (LWCC) President and CEO Kristin W. Wall has been elected to the board of directors of NCCI Holdings Inc., a provider of workers’ compensation and employee injury data and...
Hiscox USA Adds Underwriters to Los Angeles Regional Office
Jun 4 2010 // Hiscox USA has expanded its business in its Los Angeles, California office with the addition of underwriters in the allied healthcare professional and general liability; architects, engineers and construction managers...
Torus Names 3 Senior Execs for Professional Lines in France, Germany
Jun 3 2010 // Torus, the global specialty insurer, announced the appointment of Mathieu Borneuf as Head of Management Liability and Jérôme Gillet as Head of Professional Liability. Both men are based in Torus’ new...