Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%
Jun 28 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio — a key...
Republic Group, FirstComp Underwriters Group Forge Agreement
Jun 27 2006 // Dallas-based Republic Companies Group Inc. announced it has entered into a managing general agency agreement with FirstComp Underwriters Group Inc. – making the Omaha-based monoline workers’ compensation group...
Catlin Launches Recall, K&R Coverage
Jun 26 2006 // International P/C insurer and reinsurer Catlin Group Limited, has formed a crisis management underwriting team that will write product recall and kidnap and ransom (K&R) coverages, effective 1 July...
Aon U.K. Commits to Full Electronic Trading in Specialty, Reinsurance
Jun 23 2006 // In a breakthrough move, Aon U.K., announced that it “will move to a full electronic trading capability during 2006 for its specialist insurance and reinsurance businesses.” Aon’s London-based operation...
WSS’ Dallas Branch Grows with Promotions, New Hire
Jun 22 2006 // Kyle Stevens, executive vice president and branch manager of Western Security Surplus’ Texas office, located in Dallas, announced several promotions and a new hire recently. Jenny Blackwood, who began her career at...
CEOs, Concerned About Capacity and Pricing, Stress Underwriting Discipline
Jun 20 2006 // Although property casualty insurance capacity still exists in some areas in the U.S.’s east coast, the rate at which it is vanishing, especially in coastal areas, as well as the steep prices being offered for...
People
Jun 19 2006 // InsurBanc, a financial services provider to the independent insurance agency community, announced that Scott A. Adamsons has joined the company as vice president of sales and business development. The Farmington,...
Beazley Buys Out Asia Pacific Underwriting Agency
Jun 15 2006 // Beazley Group plc has increased its stake to 100 percent in Asia Pacific Underwriting Agency Limited (APUA), a Hong Kong based insurance underwriting agency, that sources business throughout Asia from insurance...
Quanta in Deal with Lloyd’s Chaucer to Manage Syndicate 4000
Jun 9 2006 // Quanta Capital Holdings Ltd. has signed a non-binding “Heads of Agreement” with Chaucer Holdings PLC, a specialist Lloyd’s insurer, and the senior underwriting team of Syndicate 4000 under which a new...
Harleysville Insurance Names Midwest Regional Leadership Team
Jun 7 2006 // Harleysville Insurance has named the leadership team for its new Midwest operation headquartered in Itasca, Ill. The Midwest region, which includes existing offices in Indiana, Michigan, Minnesota and the new location in...
K&B Underwriters Launches Medical Malpractice Division
Jun 5 2006 // K&B Underwriters, Reston, Va.-based wholesale commercial insurance broker focused on the healthcare industry, is launching a new national medical malpractice insurance division. The division was created to help retail...
Hartwig predicts profitable 2006, sees premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good in the industry overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief...
P/C Insurers’ Investment Strategy Focused on Cycle Management
May 30 2006 // Cycle management is the key driver of property/casualty insurance company investment strategies today, according to a new study by Conning Research and Consulting, Inc. “Regardless of size or underwriting focus, P/C...
PMA Group Promotes Manchon to Commercial Underwriting Assistant VP
May 24 2006 // The PMA Insurance Group has promoted Elaine Manchon to assistant vice president for commercial markets underwriting. Manchon, who will join PMA’s corporate headquarters staff in the company’s Blue Bell,...
Berkshire Hathaway Completes Acquisition of Applied Underwriters
May 23 2006 // Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm — and all of its subsidiaries including its North American Casualty insurance...
Chartered Property Casualty Underwriters to share tips on being successful
May 22 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will host a meeting featuring motivational speaker Betsey Brewer, senior vice president of The Rule Co., speaking on...
People
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
Introducing the world’s first certified Best Practice Program Administrator
May 22 2006 // What managing general agent or program administrator hasn’t wondered whether his operation is as efficient, professional and profitable as it could be, whether it conforms to the best practices among fellow managing...
People
May 22 2006 // RLI Corp. of Peoria, Ill., has hired Craig Kliethermes as vice president of actuarial services. Kliethermes will report to Joseph Dondanville, chief financial officer and senior vice president. His responsibilities include...
Chartered Property Casualty Underwriters to share tips on being successful
May 22 2006 // On Tuesday June 13, the Los Angeles Chapter of the Chartered Property Casualty Underwriters will host a meeting featuring motivational speaker Betsey Brewer, senior vice president of The Rule Co., speaking on...
