Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Liberty Mutual Underwriters, Lemme Offer Accountants’ Professional Liability
Jun 21 2007 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and Lemme Insurance Group, Inc. have partnered to provide accountants with an expanded professional liability policy. Available in 38 states...
Indemnity Underwrites Private Company and Not-for-Profit Risks
Jun 20 2007 // Beaverton, Ore.-based Indemnity Excess & Surplus Agency, a professional lines and specialty lines wholesale brokerage firm, is using i-bind technology system to procure management liability insurance for private...
Zurich Names Kerner, Talbot to Global Management Posts
Jun 19 2007 // Zurich Financial Services Group announced the appointment of Michael Kerner (41) as its new Global Chief Underwriting Officer for General Insurance and Mark Talbot (42) as Global Head of Group Reinsurance. Both men will...
Catlin US Appoints Greggains, Englesbe as Chief Underwriting Officers
Jun 19 2007 // Bermuda-based Catlin Group Limited reported that Nick Greggains has been appointed as chief underwriting officer for insurance and Andrew Englesbe has been appointed as chief underwriting officer for reinsurance for Catlin...
People
Jun 18 2007 // Gregg Effner has joined The Main Street America Group as assistant vice president of distribution management. Effner will be based at the headquarters in Jacksonville, Fla., and report to Doug Eden, senior vice president...
Brokers’ stock prices up 8%; 23 M&As posted in April and May
Jun 18 2007 // Stock Prices: Overall, brokers’ stocks have performed well year-to-date, up 8 percent. A strong contributor to the stock price increase is the merger and acquisition premium related to the high prices private equity...
Workers’ comp writers report best underwriting results in decades
Jun 18 2007 // The workers’ compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995, according to the...
Mitchell Leaving Zurich for R&SA Post
Jun 11 2007 // The UK’s Royal & SunAlliance has appointed Timothy Mitchell to the newly created post of Group Underwriting & Claims Director with responsibility to direct the development of underwriting and claims...
UK Underwriters Consider Implications of Smoking Ban
Jun 8 2007 // The U.K. will soon join a number of other EU countries in imposing a draconian ban on smoking in public places. As of July 1, lighting up in “all enclosed spaces,” including pubs, clubs and workspaces, will be...
Beacon Mutual Names DeOrsey as Underwriting VP
Jun 6 2007 // Rhode Island’s biggest workers compensation writer, Beacon Mutual Insurance Co., has named Robert G. DeOrsey as vice president of underwriting and loss prevention. As vice president of underwriting and loss...
Tough products don’t need to be an underwriting challenge
Jun 4 2007 // Skis, ladders, pacemakers and nutra-ceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
People
Jun 4 2007 // National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as president. Harrison brings 16 years of experience in the insurance industry to...
Tough products don’t need to be an underwriting challenge
Jun 4 2007 // Skis, ladders, pacemakers and nutraceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
People
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Brady Named Texas Personal Lines Underwriting Manager at Burns & Wilcox
May 23 2007 // Burns & Wilcox reported that Matthew Brady has joined the company as personal lines underwriting manager with responsibility for both its Dallas/Fort Worth and Houston offices. Brady will be based at Burns &...
Bryant Joins NAS as Underwriter
May 22 2007 // Anita Bryant has joined Encino, Calif.-based NAS Insurance Services as an underwriter, responsible for network security, miscellaneous errors and omissions and managed care insurance. Bryant has prior underwriting...
Randio Joins U.S. Risk in Texas as Senior Underwriter
May 22 2007 // Wholesale broker and managing general agent U.S. Risk Insurance Group announced that Tonya Randio has joined the company as a senior underwriter in the Healthcare Division of its U.S. Risk Underwriters subsidiary. She will...
Shaw Names Redhead Chief Underwriting Officer
May 22 2007 // The D. E. Shaw group announced that Darren Redhead will be joining as the chief underwriting officer of D. E. Shaw Re (Bermuda), Ltd., its recently formed Bermuda-based Class 3 reinsurance company, which focuses on the P/C...
Insider trading plans: A new D&O underwriting concern?
May 21 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
Tough products don’t need to be an underwriting challenge
May 21 2007 // Skis, ladders, pacemakers and nutra-ceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan and David Rosenburg,...
