Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Houston Joins Griffin Underwriting Services in Oregon
Jul 27 2009 // Griffin Underwriting Services of Bellevue, Wash., has added John Houston as a property/causalty underwriter in the company’s Portland, Ore., office. In this position, Houston will be responsible for underwriting and...
Chubb Net Income Rises 18% in Q2
Jul 24 2009 // U.S. property/casualty insurer Chubb Corp posted a higher quarterly profit on Thursday, beating Wall Street expectations, as investment gains and lower underwriting losses offset declining policy sales. Second-quarter net...
National Specialty Underwriters Named a ‘Best Company to Work For’ in Washington
Jul 22 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) was named one of Washington’s “2009 Best Companies to Work For” by Seattle Business Magazine. The publication chose 100 finalists in its...
Torus Re Names Mardon President/Chief Underwriting Officer
Jul 21 2009 // Torus Insurance Holdings Limited announced the appointment of Tim Mardon as President and Chief Underwriting Officer of Torus Re with immediate effect. He will report directly to Clive Tobin, Chief Executive of...
U.S. Reinsurers Post $26.4B in Net Premiums for 2008
Jul 21 2009 // For 2008, the U.S. reinsurers reported net premiums written of $26.4 billion, premiums earned of $25.9 billion, according to the Reinsurance Association of America’s “Reinsurance Underwriting Review: 2008...
How Independent Agents View Super-Regional Carriers
Jul 20 2009 // Survey Says Carrier Size Matters But So Does Price, Underwriting and Service When it comes to selecting a carrier partner, size matters. But when it comes to ending a carrier relationship, price, underwriting flexibility...
Survey: Carrier Size Matters But So Do Price, Underwriting and Service
Jul 20 2009 // When it comes to selecting a carrier partner, size matters. But when it comes to ending a carrier relationship, price, underwriting flexibility and service matter the most. That’s according to the survey —...
People
Jul 20 2009 // Wholesaler Colemont Insurance Brokers reports that Bob Black has been promoted to vice president in the company’s Atlanta office. Black joined Colemont in 2004 as an associate broker responsible for marketing all...
People
Jul 20 2009 // LoriAnn Lowery resigned from her position as president of Lloyd’s North America, after a little more than a year on the job. Sue Langley, Lloyd’s director of market operations and North America, said Lowery,...
Property/Casualty Industry’s Earnings Down 87% in Q1
Jul 20 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...
San Diego Chartered Property Casualty Underwriters Society Installs Officers
Jul 15 2009 // The San Diego Chapter of the Chartered Property Casualty Underwriters (CPCU) Society installed new 2009-2010 officers and directors. Officers include: President Tyler Hamilton of Alliant Specialty Insurance Services;...
Best Affirms Omega Specialty, Lloyd’s Syndicate 958 Ratings
Jul 15 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Omega Specialty Insurance Company Limited (OSIL), both with stable...
Hiscox Bermuda Adds Two Healthcare Liability Underwriters
Jul 13 2009 // International specialist insurer Hiscox Ltd. announced the appointment of two healthcare underwriters to Hiscox Bermuda, subject to immigration approvals. Ian Thompson (Senior Vice President – Healthcare) and Nick...
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...