Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
J.M. Wilson Adds 2 in Underwriting Positions in Illinois
Jun 27 2016 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Chance Winke and Tim Frawley in underwriting positions in its Arlington Heights, Ill., office. Winke is an assistant in the transportation...
IMS/London American Adds Davis as Underwriter in San Antonio
Jun 21 2016 // Houston-based managing general agent (MGA), IMS/London American, has hired Faith Davis as a commercial underwriter in its San Antonio office. Davis has more than 25 years of experience in the insurance marketplace. Most...
Applied Underwriters’ Workers’ Comp Business Faulted by California Regulator
Jun 21 2016 // California’s insurance commissioner said a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers’ compensation costs. Commissioner Dave Jones...
QBE North America Names Nationwide’s Bleich as VP for Agriculture Underwriting
Jun 21 2016 // QBE North America said that Nathan Bleich has joined the organization as vice president, Commercial Agriculture underwriting. Bleich joins QBE from Nationwide where he spent the past 12 years working in the agribusiness...
Selective Insurance Announces Officer Appointments in New Jersey
Jun 15 2016 // Selective Insurance Company of America, a subsidiary of Selective Insurance Group Inc. in Branchville, New Jersey, announced the following officer appointments. Teresa Caro to senior vice president, New Jersey regional...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey
Jun 14 2016 // Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining underwriting discipline,...
Marketform Rebrands as ‘Neon’ After Completing Strategic Review
Jun 13 2016 // Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.” The re-launch coincides with the completion of a strategic review of the business, as CEO Martin Reith...
A.M. Best Removes Atlantic Casualty from Under Review, Upgrades Ratings
Jun 13 2016 // A.M. Best has removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from...
Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P
Jun 10 2016 // Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of results in 2015, reporting an average combined ratio of 90 percent,...
Iron-Starr Forms Underwriting Alliance with Oil Casualty Insurance
Jun 10 2016 // Ironshore Inc. has added Oil Casualty Insurance, Ltd. (OCIL) as a subscribing insurer to Iron-Starr Excess Agency Ltd. for Financial Lines business. Iron-Starr currently underwrites on behalf of Ironshore Insurance Ltd....
Security Vendors, Partnerships Offer Key to Simplifying, Selling Cyber Insurance Online: CoverHound CEO
Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...
AIG’s Homand Joins Ironshore as Global Property Chief Underwriter
Jun 8 2016 // Ironshore Inc. has named Shawn Homand as chief underwriting officer of Global Property to oversee underwriting responsibilities and global product growth strategies throughout Ironshore’s property...
Aspen Grabs Ladeau, 3 Underwriters from Allied World for U.S. Cyber Team
Jun 7 2016 // Aspen U.S. Insurance is expanding its cyber team and has named Josh Ladeau, formerly with Allied World Assurance Co., as senior vice president for Cyber Risk. Ladeau will focus on the growing the cyber portfolio within...
Shults to Lead The Hartford’s Middle Market Central Division Sales, Underwriting
Jun 6 2016 // The Hartford has appointed Mark Shults as division executive for Middle Market sales and underwriting operations in The Hartford’s Central Division. He is based in Frisco, Texas. The Central Division encompasses...
Allied World Names Enright, Anderson to North America M&A Underwriting Team
Jun 6 2016 // Specialty insurance provider Allied World Assurance Co. Holdings has named Terry Enright and Ryan Anderson to its North American Mergers and Acquisitions (M&A) underwriting team. Allied World’s North American...
P/C Commercial Insurance Business Expected to Deteriorate
Jun 6 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
Texas Health Underwriters Awarded Blue Ribbon of Excellence
Jun 3 2016 // The Texas Association of Health Underwriters has been recognized with the Blue Ribbon of Excellence Award from the National Association of Health Underwriters. Texas was recognized for this award as part of NAHU’s...
Markel Hires Chubb’s Senior Underwriter Lee in New York
Jun 2 2016 // Markel Corporation has hired Howard Lee as senior underwriter in its trade credit and political risk business in the U.S. Lee will be responsible for business development, strategic planning, expanding broker relationships...
Service Lloyds Names Richardson Business Development Manager, Underwriting
Jun 2 2016 // Texas-based workers’ compensation insurer, Service Lloyds Insurance Co., has added Todd Richardson as the business development manager in its Underwriting unit. He is responsible for the overall leadership of the...
Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia
May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new branch based in Hong Kong,...
