Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Midwest Regulation Report Card: States’ Grades Range from A to D
Dec 22 2016 // Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a...
New York Regulates Crime Insurance Underwriting of Firms Hiring Ex-Convicts
Dec 21 2016 // New York Governor Andrew Cuomo on Wednesday issued a regulation making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related losses caused by...
Hamilton Underwriting Appoints Novae’s Holland as Claims Director
Dec 21 2016 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A...
Dwight Teter Joins The Guarantee USA as Vice-President and Chief Underwriting Officer
Dec 16 2016 // Dwight Teter Southfield, MI, December 16, 2016 – Stephen Ruschak, President and Chief Operating Officer, The Guarantee Company of North America USA (The Guarantee USA), is pleased to announce that Dwight Teter has been...
52 Million Americans Under Age 65 Have Pre-Existing Health Conditions: Kaiser
Dec 15 2016 // A new Kaiser Family Foundation study finds that 52 million adults under 65 – or 27 percent of that population — have pre-existing health conditions that would likely make them uninsurable if they applied for individual...
Schoerner Joins Southern Insurance Underwriters in Georgia
Dec 13 2016 // Southern Insurance Underwriters, Inc. (SIU) announced that John M. Schoerner has joined the company as the Professional Lines Practice manager and will lead the company expansion of errors & omissions, architects &...
XL Catlin Names Gale & Littlemore to Lead Bermuda, London Reinsurance Units
Dec 9 2016 // XL Catlin’s reinsurance operations has announced two key leadership appointments for Bermuda and London, both effective January 2017. Jonathan (Jon) Gale, currently chief executive London Reinsurance, will take over...
ArgoGlobal Taps Endurance’s Thompson as Hull Class Underwriter
Dec 9 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has announced the appointment of Michael Thompson as hull class underwriter. He takes up the role with immediate effect and will report to Steve...
Maine-Based MEMIC Promotes Abboud and Fongemie
Dec 8 2016 // The MEMIC Group, a Portland, Maine, headquartered workers’ compensation specialist, has promoted Chris Abboud to senior underwriter and has also promoted Eileen Moran Fongemie to vice president of finance and...
State Auto Western Region Adds McCarty as Underwriting Manager in Texas
Dec 7 2016 // State Auto’s Western Region has added Bob McCarty as underwriting manager for the Central/Southern Texas area. He is based in Austin. McCarty has 30 years of insurance and management experience. He began his career...
Worldwide Facilities Acquires Trinity Underwriting Managers of Georgia
Dec 6 2016 // Worldwide Facilities, a national wholesale insurance brokerage and managing general agency, has acquired Trinity Underwriting Managers, Inc. (TUMI), an underwriting manager and wholesale insurance broker specializing in...
Talbot Underwriting Beefs Up Cyber Offering, Hiring ANV’s Mayes & Anderson
Dec 5 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has appointed a dedicated team of cyber underwriters. Phil Mayes joins the team as senior class underwriter, and Gillian Anderson joins the team...
Krefta Named CEO of Hiscox Re and ILS, Succeeding Pinchin
Dec 2 2016 // Specialist global insurer Hiscox announced that Michael Krefta has been appointed CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017. He will succeed Jeremy Pinchin who, after five years in...
Hamilton Underwriting at Lloyd’s to Hike 2017 GWP to £122.5M ($152.9M)
Dec 1 2016 // Hamilton Underwriting Ltd., the Lloyd’s platform of Bermuda-based Hamilton Insurance Group, announced that the managing agency has received approval from Lloyd’s to increase its gross written premium for...
People
Nov 21 2016 // Former long-time Chubb executive Dino E. Robusto assumes the roles of CNA chairman and chief executive officer on Nov. 21, succeeding Thomas F. Motamed, who is retiring after eight years in those positions. The succession...
Sharing Economy Requires More Sharing Between Underwriting, Claims
Nov 16 2016 // The sharing economy poses new challenges for insurers including new exposures from technology and a need for better communication between claims and underwriting. That’s according to members of the International...
UK MGA Nexus Underwriting Forms Claims Company Called ‘Nexus Claims’
Nov 16 2016 // Nexus Underwriting, the London-based independent specialty managing general agent (MGA), has formed a claims company, trading as Nexus Claims. Being run independently from the underwriting companies, Nexus Claims offers...
Zurich’s Re-Underwriting Program Begins to Bear Fruit – in Its Financials
Nov 16 2016 // Zurich Insurance Group’s re-underwriting program is starting to bear fruit – as evidenced by the company’s improved third-quarter results – but Group CFO George Quinn readily admits there is still work to...
RSA Restructures UK Commercial Lines Operation; Names CUO for UK & Int’l
Nov 16 2016 // London-based RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for the UK & International region. Effective...
Talbot Underwriting Australia Taps Former Catlin Exec Case as Managing Director
Nov 11 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has appointed Andrew Case as managing director of Talbot Underwriting Australia. During his 30 years of experience in the insurance industry,...
