Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Brown & Brown Acquires Assets from Bellingham Underwriters in Washington
May 11 2015 // A subsidiary within Brown & Brown Inc.’s national programs division has acquired certain assets of Bellingham Underwriters Inc. in Washington. Bellingham Underwriters is a managing general underwriter that...
Mulray Joining Everest National as Chief Underwriting Officer for U.S.
May 11 2015 // Everest Re Group Ltd. said that Michael Mulray will be joining the company as chief underwriting officer for the U.S. insurance operations of its Everest National Insurance Co. Mulray joins Everest from General Electric...
Arthur J. Gallagher Realigns UK Broking, Underwriting Operations
May 11 2015 // Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co., has unveiled a simplified operating structure to better serve customers and maximize growth opportunities. Gallagher Insurance Solutions –...
J.M. Wilson Promotes Ricks to Sr. Fleet Underwriter
May 11 2015 // J.M. Wilson, based in Portage, Mich., has promoted Mary Ricks to the position of senior fleet transportation underwriter. Mary Ricks Ricks is responsible for evaluating transportation fleet submissions for acceptability to...
RenaissanceRe Reports Q1 Net Income of $167.8M, Up From $151M in Q1 2014
May 6 2015 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $167.8 million, or $4.14 per diluted common share, in the first quarter of 2015, compared to $151.0 million,...
Orchid Underwriters Agency Acquires Coastal Agents Alliance in New Jersey
May 5 2015 // Orchid Underwriters Agency LLC, a Vero Beach, Florida-based managing general agent providing excess & surplus (E&S) insurance for coastal properties, announced that it has acquired Coastal Agents Alliance, a...
P/C Insurers Post Underwriting Profit, Record Surplus for 2014
May 5 2015 // The U.S. property/casualty insurance industry posted its second consecutive year of profitable underwriting results in 2014, according to A.M. Best. Surplus for this sector increased by $21.9 billion and reached another...
A.M. Best Revises Outlook to Stable for Georgia Farm Bureau Group Members
May 1 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Georgia Farm Bureau Mutual Insurance Co. and Georgia...
J.M. Wilson Promotes Councell as Fleet Underwriter
Apr 30 2015 // Portage, Mich.-based managing general agency and surplus lines broker J.M. Wilson has promoted Jennifer Councell to fleet transportation underwriter. Jennifer Councell Specializing in 11-15 power unit accounts, Councell is...
Florida-Based Orchid Underwriters Names New CIO
Apr 30 2015 // Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focused on coastal properties and based in Vero Beach, Fla., has named Chuck Fillizola as chief information officer. In this newly...
Maine’s MEMIC Group Announces Senior Promotions
Apr 23 2015 // The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, announced the following senior promotions. Gregory Jamison has been promoted to senior vice president of underwriting. A 29-year veteran of...
Amerisure Makes Field Marketing & Underwriting Appointments
Apr 22 2015 // Amerisure Mutual Insurance Co., based in Farmington Hills, Mich., appointed Mark Gromek regional vice president and promoted Laura A. Irwin to director of Field Marketing & Underwriting (FMU) Service and...
ACE Appoints Fletcher ACE Bermuda Chairman; Clabby, Gonsalves Promoted
Apr 21 2015 // ACE Group has announced several key executive appointments in its ACE Bermuda business. Rees Fletcher has been named Chairman of ACE Bermuda. He joined ACE Bermuda 26 years ago, rising to the position of Senior Vice...
Philadelphia Insurance Companies Announces 4 Promotions
Apr 16 2015 // Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurance company for niche markets, promoted Laura Boylan to vice president of Human Resources....
All Risks Names Campbell Senior Underwriter in California
Apr 16 2015 // All Risks Ltd. has named Robert Campbell a senior underwriter in California. As a part of the national specialty programs unit, Campbell will be responsible for underwriting large workers’ compensation accounts for...
Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting
Apr 15 2015 // Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the...
Issuer Credit Rating of San Antonio’s National Unity Insurance Downgraded
Apr 15 2015 // A.M. Best downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of National Unity Insurance Co. (National Unity) in San...
ACE Appoints O’Halloran as Environmental Risk Underwriter, U.K. & Ireland
Apr 15 2015 // ACE Group today announced the appointment of Glenn O’Halloran as environmental risk underwriter as it continues to invest in building its environmental liability insurance capabilities in the U.K. and...
Validus Holdings Promotes 3 Underwriting Execs in Bermuda
Apr 15 2015 // Validus Reinsurance, Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. has announced a number of underwriting promotions in its Bermuda office, “strengthening the capabilities and breadth of its global...
XL, Cobalt Underwriting Launch Shariah-Compliant Equine Product at Lloyd’s
Apr 13 2015 // XL Group and Cobalt Underwriting have launched the first Shariah-compliant product to be available through Lloyd’s of London. The cover is an equine product, which responds to named perils, mortality, theft,...
