Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
A Tale of Two Markets
Apr 5 2010 // What to Expect in the D&O Liability Renewal Market Your client’s directors and officers liability policy is coming up for renewal. What can you expect from the market? Like the Dickens classic, this is a tale of...
IIW Insurance Services Merges With Bass Underwriters
Mar 30 2010 // Robert K. Stahl of IIW Insurance Services Inc. in Portland, Ore., has announced an agreement to merge his operations with Bass Underwriters Inc. in April. The merger will expand Bass Underwriters’ presence in the...
Knowledge-Sharing Technology Could Boost Insurance Underwriter Recruiting
Mar 30 2010 // The shortage of experienced property/casualty insurance underwriters is growing as senior underwriters retire and the issue is keeping carrier executives up at night, according to an industry software provider that thinks...
C.V. Starr & Co. (California) Appoints Robinson as Chief Underwriting Officer
Mar 25 2010 // C.V Starr & Company (California), a subsidiary of New York-based C.V. Starr & Co. Inc., has appointed Andrew (Andy) Robinson chief underwriting officer. Robinson has nearly 30 years industry experience and spent 13...
MMIC Group Promotes Pearson to Vice President of Underwriting
Mar 23 2010 // Minneapolis-based MMIC Group has promoted Jeff Pearson to vice president of underwriting. Pearson joined MMIC as senior underwriting manager in 2003. He has worked in the insurance industry for more for 22 years. Pearson...
Golden Gate Chartered Property Casualty Underwriters Society Recognizes Leaders
Mar 22 2010 // The Chartered Property Casualty Underwriters Society Golden Gate Chapter has awarded Janis Dunivin of Wells Fargo Insurance Services of California with its Insurance Person of the Year Award, and State Farm with its...
Brown & Brown Acquires Two New Jersey Underwriting Units
Mar 19 2010 // Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer...
Starr, Chubb Form Workers Compensation Underwriting Agreement
Mar 15 2010 // Starr Indemnity & Liability Co., Inc., an indirectly wholly owned subsidiary of Starr International Company, Inc., and Chubb & Son, a division of Federal Insurance Co., a wholly owned subsidiary of The Chubb, have...
Hiscox Underwriting Chief on 2010 Outlook
Mar 11 2010 // London-based specialty insurer Hiscox, which launched a significantly expanded U.S. presence in 2006, saw gross profits reach record levels ($481 million) in 2009. In this exclusive interview with Insurance Journal, Hiscox...
Connecticut Underwriters Hires Valencia
Mar 11 2010 // E&S brokerage firm Connecticut Underwriters has named Darren Valencia as director of its professional lines business. Valencia has 10 years of experience underwriting and brokering professional liability coverage, and...
UK’s Jubilee Agency to Underwrite Amateur Auto Race Drivers
Mar 9 2010 // Specialist Lloyd’s insurer, Jubilee Managing Agency Limited, has been appointed to provide dedicated amateur motor sport personal accident coverage for amateur race and rally drivers who hold UK Motor Sport...
People
Mar 7 2010 // Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive...
People
Mar 7 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...
People
Mar 7 2010 // Lockton Dunning Benefits appointed Sheri Pixley to the newly created position of executive vice president and practice leader of the Dallas-based health and welfare practice. Pixley has been involved in consulting with...
Singapore GIC, Qatar to Underwrite Part of Prudential’s Rights Offer
Mar 5 2010 // Singapore’s biggest sovereign wealth fund GIC and Qatar Holding LLC have committed to underwrite a significant portion of UK Prudential’s $20 billion rights issue. GIC is an existing shareholder, with a 0.5...
Max Capital to Merge with Harbor Point; Conference Call Today
Mar 4 2010 // Max Capital Group Ltd. and Harbor Point Limited announced that they “have unanimously approved a definitive amalgamation agreement for a merger of equals.” Both companies are based in Bermuda. Max Capital is a...
Aon Founder Ryan Launches Specialty Wholesale Insurance Group
Feb 23 2010 // The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was...
People
Feb 21 2010 // The Independent Insurance Agents of Texas (IIAT) on Feb. 2 presented its 2010 Independent Leadership Award to Joe Straus III, speaker of the Texas House of Representatives. The Independent Leadership Award was presented...
Zurich to Underwrite Preferred Golf & Country Clubs for Venture Programs
Feb 19 2010 // Zurich has signed on to underwrite Venture Insurance Programs’ Preferred Club Program, a new offering designed for private and semiprivate golf and country clubs, as well as golf resorts, daily-fee courses,...
Best Affirms Lloyd’s Syndicate 382 Ratings & Hardy Underwriting
Feb 16 2010 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy Underwriting...
