Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Carroll Joins Griffin Underwriting Services in Washington
Jul 9 2009 // Griffin Underwriting Services of Bellevue, Wash., has added James D. Carroll as a property broker. In this new position, he will be responsible for property brokerage production and marketing as well as bringing depth and...
Catlin Strengthens London Aviation Team
Jul 9 2009 // Catlin Group Limited has strengthened its already significant London aviation underwriting team with the addition of Richard Power and Mark Stanley. Power will join Catlin on August first as a senior underwriter and head...
A.M. Best: P/C Industry’s Earnings Down 87% in Q1
Jul 9 2009 // The U.S. property/casualty industry’s net income fell 87 percent to $1.2 billion in the first three months of 2009 according to A.M. Best. “The year-over-year decline in earnings was due primarily to the severe...
Catlin Names Haas Chief European Underwriter
Jul 8 2009 // Catlin Group Limited announced that Heinz-Walter Haas has joined Catlin as chief underwriting officer for Continental Europe. He is based in the Cologne office, and is responsible for the execution of the Group s...
Tower Group to Acquire Specialty Underwriters’ Alliance of Illinois
Jul 6 2009 // New York-based Tower Group Inc. has agreed to purchase Specialty Underwriters’ Alliance Inc., headquartered in Chicago, in a transaction valued at approximately $107 million. SUA said the deal will enable it to...
People
Jul 6 2009 // Houston-based insurance agency Bowen, Miclette & Britt named Dan Persha director of environmental risk management. With 30 years of commercial insurance brokerage experience, Persha specializes in heavy casualty,...
People
Jul 6 2009 // Edward J. Maucere, former owner of London American General Agency Inc., a San Diego-based wholesale brokerage and underwriting manager for commercial transportation business, passed away unexpectedly on June 12, 2009, at...
P/C Industry Posts $1.3B Loss in Q1; Combined Ratio Up to 102.2
Jul 6 2009 // The property/casualty insurance industry suffered a $1.3 billion net loss after taxes for first-quarter 2009, which constitutes a $9.8 billion adverse swing from the industry’s $8.5 billion in net income after taxes...
Pape Appointed to Specialty Underwriters’ Alliance Board
Jul 2 2009 // Chicago-based Specialty Underwriters’ Alliance Inc. announced that Mark E. Pape has been appointed to its board of directors. Pape, a seasoned insurance executive, is currently a partner at Tatum LLC, the largest...
RMS ‘Underwriting Toolkit’ Provides Instant UK Property Risk Assessment
Jun 24 2009 // Risk Management Solutions has launched its “Underwriting Toolkit,” which it describes as “designed to help underwriters and pricing managers accurately assess and rate risk for individual buildings...
Specialty Underwriters’ Alliance Extends Partner Agent Agreements
Jun 23 2009 // Chicago-based Specialty Underwriters’ Alliance Inc. has amended its Partner Agent Program Agreements with its three largest Partner Agents – Risk Transfer Programs LLC (RTP); American Team Managers Insurance...
Tower Group to Acquire Specialty Underwriters’ Alliance of Illinois
Jun 22 2009 // New York-based Tower Group, Inc. has agreed to purchase Illinois-based specialty insurer Specialty Underwriters’ Alliance, Inc. in a transaction valued at approximately $107 million. Under the terms of that...
Van Wagoner Promotes Browning, Adds New Underwriter
Jun 19 2009 // Dallas, Texas-based wholesale insurance broker, Van Wagoner Companies Inc., has promoted Amber L. Browning to vice president and appointed Chip Shattuck as a commercial lines underwriter. Browning has been with Van Wagoner...
Ark-La-Tex Underwriters Adds Fenley as Marketing Director
Jun 9 2009 // Shreveport, La.-based Ark-La-Tex Underwriters Inc. (ALTU) announced that Jim Fenley has joined the firm as marketing director. Fenley has more than 30 years of experience with insurance wholesalers in Texas. He has held...
Shrimpton Named as Catlin’s Senior Marine Hull Underwriter
Jun 8 2009 // Bermuda’s Catlin Group Limited has promoted Simon Shrimpton to senior marine hull underwriter in its London office. He will head Catlin’s six-person team, underwriting hull business on behalf of the Catlin...
Chartered Property Casualty Underwriters Society Chapter Elects Officers
Jun 4 2009 // The San Gabriel Valley, Calif., Chapter of the Chartered Property Casualty Underwriters Society recently elected its 2009-2010 officers. The chapter services about 100 members who live or work in the San Gabriel Valley and...
Demographic Shifts Impacting Underwriting, Pricing
Jun 2 2009 // Demographic changes are impacting the underwriting and pricing of many insurance products and the implications of these changes are creating new challenges and opportunities for property/casualty insurers, according to...
People
Jun 1 2009 // TD Insurance Inc. has hired Linda Bogardus as an account manager in the Core Division of Commercial Lines. Bogardus, who is based in Burlington, Vermont, will oversee marketing and servicing large commercial insurance...
People
Jun 1 2009 // Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the...
Americas Insurance to Underwrite New Policies in Louisiana
May 20 2009 // Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana’s insurer of last resort, said it is entering the voluntary homeowners’ market. The company said it...
