Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Apr 19 2010 // CNA appointed Nancy Osborn branch vice president for its Phoenix and Albuquerque, N.M., offices; and Connie Taylor vice president of its new Los Angeles branch office, scheduled to open in May. Osborn began her insurance...
People
Apr 19 2010 // Central Insurance Companies of Van Wert, Ohio, announced the retirements of Michael E. Thompson and George J. Gress. Additionally, Central promoted Jana L. Ringwald to vice president of Commercial Underwriting for its...
P/C Industry’s Net Income Up $25B in 2009; Combined Ratio Improves
Apr 15 2010 // The U.S. property/casualty industry’s profitability as measured by their rate of return on average policyholders’ surplus (or statutory net worth) increased by 5.8 percent in 2009, while private P/C...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
CNA Select Risk Enhances Transportation Unit, Adds Underwriters
Apr 13 2010 // CNA Select Risk, which includes excess and surplus business, as well as wholesale property accounts, added to its transportation unit the newly-created Center of Excellence in Atlanta. The unit will focus on writing new...
Penn National Insurance Makes Management Moves
Apr 13 2010 // Penn National Insurance announced a number of executive moves, including the retirement of CEO Dennis C. Rowe. Rowe will retire October 1, but retain his position as chairman of the board. He began his career with Penn...
Wholesale Insurance Brokers AmWINS, Colemont Merge
Apr 9 2010 // AmWINS Group, Inc. and Colemont Insurance Brokers today announced that the two companies will be combined to form a specialty insurance distributor placing more than $4.8 billion in annual premiums with over 1,800...
Ohio’s Central Insurance Promotes Ringwald and Jackson
Apr 7 2010 // Central Insurance Companies of Van Wert, Ohio, has promoted Jana L. Ringwald to vice president of Commercial Underwriting for its Central Mutual and All America subsidiaries, and Patrick J. Jackson to vice president and...
CNA Appoints New Commercial Underwriting Officers
Apr 7 2010 // Chicago-based CNA Financial Corporation has appointed new commercial underwriting officers in several branch offices. The following commercial underwriting officers are scheduled to begin their new roles in April: Jamie...
People
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...
People
Apr 5 2010 // New Jersey-based Synergy Professional Associates has hired Thomas Dattoli as manager of its professional liability unit. Dattoli will be responsible for underwriting professional and excess liability for lawyers, and...
D&O Coverage as a Partner in Crime (and Fidelity)
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...
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...
