Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
J.M. Wilson Promotes Montgomery to Transportation Underwriter in Kansas City
Jul 11 2016 // Managing general agency and surplus lines broker J.M. Wilson has promoted Ashley Montgomery to transportation underwriter in Kansas City, Mo., office. Montgomery is responsible for quoting new and renewal transportation...
Applied Underwriters’ Workers’ Comp Business Faulted by California Regulator
Jul 11 2016 // California’s insurance commissioner said in late June a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers’ compensation...
Nexus Acquires Beacon, Hong Kong-Based Marine MGA
Jul 6 2016 // Nexus Underwriting Management Ltd. has acquired 100 percent of the shareholding in Hong Kong-domiciled Beacon Underwriters Ltd., a marine managing general agent. Beacon was established in 2009 as a Lloyd’s...
XL Catlin Adds Levesque as Sr. Underwriter for Marine Business in Chicago
Jul 1 2016 // Janelle Levesque has joined XL Catlin as a senior marine underwriter. She is based in Chicago. Levesque is responsible for inland marine business in the Midwest region, which includes Illinois, Wisconsin, Michigan, Ohio,...
Sandelands Appointed Sr. VP, Commercial Underwriting Services at CNA
Jun 29 2016 // CNA has appointed Barbara Sandelands as senior vice president, Commercial Underwriting Services. In this newly created role, she is responsible for driving the overall strategic direction and general management of...
Chubb’s Sandelands Joins CNA as Senior VP, Commercial Underwriting Services
Jun 29 2016 // CNA announced the appointment of Barbara Sandelands as senior vice president, Commercial Underwriting Services. In this newly created role, she is responsible for driving the overall strategic direction and general...
Baird Joins Southwest Risk Agency Services as Assistant VP, Underwriter
Jun 29 2016 // Suzy Baird has joined Dallas-based Southwest Risk Agency Services LLC as assistant vice president/underwriter. Baird is a 35-year veteran of the insurance industry. She previously worked at Atlantic Specialty Lines of...
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...
