Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Top Workers’ Comp Story of 2019: Berkshire Hathaway’s Sale of Applied Underwriters
Jan 2 2020 // The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in February and was easily Insurance Journal’s biggest workers’...
Program Underwriters Seek ‘New, New’ Spaces While Administrators Embrace Insurtech
Dec 31 2019 // Fueled by efficiencies introduced by insurtechs and underwriters’ interest in niche classes, the insurance program business has experienced impressive growth the last few years. But heavy interest is also forcing...
Sirius Expands Facultative Cover, Tapping Underwriters from Asia Capital Re
Dec 24 2019 // Bermuda-based Sirius International Insurance Group Ltd. announced it is expanding its facultative product offerings in the Asian region to better service its clients, beginning in early 2020. Through its office in...
Underwriters and Insureds Taking Harder Look at Commercial Property Risks
Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
J.M. Wilson Promotes Frawley to Sr. P/C Underwriter in Illinois
Dec 23 2019 // J.M. Wilson has promoted Tim Frawley to senior property/casualty underwriter in the company’s Arlington Heights, Illinois, office. He is responsible for quoting new and renewal accounts for a wide variety of...
The Hartford Joins Insurers Limiting Fossil Fuel Investments, Underwriting
Dec 23 2019 // The Hartford became the latest insurance carrier to cut back on business it does with the fossil fuel industry out of concern over climate change. The company announced it will no longer insure or invest in companies that...
Specialty Property Program Team of Blue River Underwriters Welcomes James D. Skelton
Dec 20 2019 // Atlanta, GA, December 20, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, announces the hiring of James D. Skelton, underwriter, to the specialty property program team based in Glen Allen,...
Hiscox’s Rubin Joins Liberty Specialty Markets as Head of Terrorism Underwriting
Dec 19 2019 // Liberty Specialty Markets (LSM) has appointed Jennifer Rubin to a newly-created role as senior underwriting executive and head of Terrorism Underwriting in North America. Rubin was formerly senior vice president, head of...
MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review
Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020. This announcement follows...
SafeWaters Underwriting Managers to Underwrite Yacht Insurance with Nationwide
Dec 18 2019 // SafeWaters Underwriting Managers has secured a delegated authority underwriting agreement with Nationwide to provide tailor made yacht insurance products. Products will be written on National Casualty company paper, a...
Louisiana’s Fidelis Group Holdings Changes Management Structure
Dec 18 2019 // Covington, Louisiana-based Fidelis Group Holdings LLC (FGH), a provider of marine insurance coverage and services, has created a new senior management structure for the company and its subsidiaries, Continental...
Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany
Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...
Penn National Insurance Announces Executive Leadership Successions
Dec 18 2019 // Penn National Insurance President and CEO Christine Sears will transition on January 1 to CEO, and Executive Vice President and Chief Operating Officer Robert B. Brandon will become president on that date. Sears also...
Personal Auto Insurance Underwriting Performance Has Likely Peaked: Fitch
Dec 17 2019 // Performance in the U.S. personal auto insurance market continues to run favorably in 2019, on par with underwriting profits achieved in 2018, according to Fitch Ratings. However segment results for the industry are likely...
Liberty Mutual to Limit Coal Underwriting, Investments; Names First Sustainability Officer
Dec 16 2019 // Liberty Mutual Insurance said it will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among corporations. To...
Corelogic Integrates 3D Property Measurement into Underwriting Platform
Dec 13 2019 // CoreLogic, a global property analytics provider, has integrated HOVER property measurement and 3D technology into the CoreLogic UnderwritingCenter platform for insurance clients. The integration of HOVER provides carriers...
Concord Specialty Risk Hires Edgette in New York as VP of Tax Insurance Underwriting
Dec 13 2019 // Concord Specialty Risk has hired Matthew Edgette as vice president of Tax Insurance Underwriting, where he will take on a leading role in Concord’s Tax Insurance practice. Edgette will be based in New York, N.Y. For...
Councell Promoted to Senior Fleet Underwriter at Michigan’s J.M. Wilson
Dec 13 2019 // J.M. Wilson has promoted Jennifer Councell to senior fleet underwriter in its Portage, Michigan, office. She is responsible for evaluating transportation fleet submissions (11-plus units); quoting new and renewal...
Victor Launches Lloyd’s Syndicate 2288; Frances Named Active Underwriter
Dec 10 2019 // Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence underwriting effective January 1, 2020 with stamp capacity of...
Lisa Ebos Returns to Blue River Underwriters as SVP, Senior Underwriter of Contractors Programs
Dec 9 2019 // Atlanta, GA, December 9, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, welcomes the return of Lisa Ebos, CRIS, CPL as senior vice president, senior underwriter of the contractors’ programs...
