Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
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...
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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...
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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...
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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...
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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...
Why AIG Omitted JP Morgan from Underwriters for Life Insurer IPO
Feb 12 2010 // American International Group Inc. turned down JPMorgan’s attempts to get in on the estimated $10 billion Hong Kong IPO of its Asian life insurance unit, sources involved with the deal said on Friday, in a snub partly...
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Feb 7 2010 // Willis Group Holdings extended the contract of its chairman and CEO Joseph J. Plumeri until July 7, 2013. His previous agreement was set to expire on the date of the company’s annual meeting in April 2011. Global...
Property Casualty Market’s Love Affair With Main Street Business
Feb 7 2010 // Why Small Business Means Big Business for Insurers and Brokers Alike Main Street business often means different things to different people, but it generally refers to small commercial establishments that would be found in...
Scott Joins Torus Insurance as Power & Utilities Underwriter
Feb 5 2010 // Torus Insurance announced that Louis Scott has joined its Power & Utilities team in London with immediate effect. He will report to Global Head of Power & Utilities, Ben Wilson, working closely with the now...
American Safety Adds 3 Underwriters
Feb 4 2010 // Atlanta-based specialty insurer American Safety Insurance (ASI) has hired several new underwriters at regional locations throughout the country. In its New Jersey office, Robert Williams joins ASI as a senior excess...
Bithell Named Farmers Insurance VP and Chief Underwriting Officer
Feb 2 2010 // Los Angeles-based Farmers Insurance Group of Companies has appointed Susan Bithell vice president and chief underwriting officer. In her new role, Bithell will oversee the continued alignment of the company’s...
Liberty International Underwriters Restructures Specialty Casualty Unit
Jan 28 2010 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, restructured its U.S. Specialty Casualty unit. The following organizational changes are effective immediately: Carl Pursiano has been named...
Tapco Opens Underwriting Service Center in Dallas
Jan 26 2010 // Tapco Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA specializing in high-volume, transaction-based excess and surplus insurance lines, is opening an underwriting service center in Dallas, Texas. Tapco veteran...
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Jan 24 2010 // Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines...
