Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Allianz Is Lead Underwriter for Crashed Germanwings Airbus A320
Mar 25 2015 // German insurer Allianz confirmed it was the lead insurance underwriter for the Airbus A320 plane which crashed in the French Alps on Tuesday. All 150 people on board the plane, operated by Lufthansa’s Germanwings...
M&A Calendar: P/C Agent, Broker Mergers & Acquisition Headlines in 2014
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
My Favorite Underwriters
Mar 22 2015 //
Hallmark Insurance Group Ratings Affirmed, Outlook Still Negative
Mar 19 2015 // A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the members of Fort Worth, Texas-based Hallmark Insurance Group (Hallmark...
Stewart Joins NORCAL Mutual in California as SVP in Underwriting
Mar 18 2015 // San Francisco, Calif.-based NORCAL Mutual Insurance Co. has named Andre Stewart senior vice president of underwriting on custom accounts. Stewart will be responsible for new business growth with a focus on multistate and...
Insurance ‘Geek’ Boggs Pursues ‘Light Bulb’ Effect as Academy Expands
Mar 17 2015 // Some people call it the “light bulb effect” — that point in a learning experience when a previously opaque concept suddenly seems crystal clear. For Christopher J. Boggs, that light bulb effect is the most...
ACE Makes New Appointments for Its Casualty Business in Asia Pacific
Mar 13 2015 // ACE Group has appointed Shaun Oliver to the role of head of casualty (energy and construction), Asia Pacific. The creation of this new role reflects the rapid growth and ongoing demand within this portfolio of business,...
Apex Insurance Combines with Public Risk Underwriters of Georgia
Mar 13 2015 // Brown & Brown subsidiaries Apex Insurance Agency, Inc. (led by Karl F. Snearer) and Public Risk Underwriters of Georgia (led by Michael H. White) will combine to operate together under the Apex brand. In combination,...
TUMI Now a Lloyd’s Coverholder, Launches Auto Liability & Transportation Programs
Mar 12 2015 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, is now an approved Lloyd’s Coverholder and recently began underwriting business on behalf of certain underwriters at Lloyd’s....
SCOR Global P&C Appoints Gavazzi, Rousseau in Treaty Underwriting Area
Mar 12 2015 // SCOR announced it has made two underwriting appointments at its SCOR Global P&C unit. First, it appointed Umberto Gavazzi as chief underwriting officer for the Worldwide Treaty P&C operations of SCOR Global...
Lloyd’s Opens Specialist Underwriting Platform in Dubai
Mar 11 2015 // Lloyd’s has opened a new specialist underwriting platform in Dubai to provide tailored risk solutions across the Middle East. This brings the number of Lloyd’s businesses trading in the Dubai International...
OnPoint Underwriting Announces Paul Boehm as Senior VP of Tribal Program
Mar 9 2015 // Denver, CO, March 9, 2015– OnPoint Underwriting recently announced Paul Boehm has been appointed as senior vice president of its Program for Sovereign Indian Nations. OnPoint Underwriting has been a trusted insurance...
Capacity Plentiful, Pricing Remains Soft in D&O Marketplace
Mar 9 2015 // The directors and officers liability insurance marketplace continues to be a buyer’s market – with new entrants contributing to the plentiful capacity, competitive pricing and expanded terms, according to industry...
A Closer Look at Berkshire Hathaway’s Insurance Operations
Mar 4 2015 // Carrier Management Special Report Warren Buffett’s insurance beginnings and predictions; breaking out the insurance and reinsurance results; the growth and expectations for Berkshire Hathaway Specialty Insurance;...
State Farm Reports 2014 Underwriting Loss, Operating Profit
Mar 4 2015 // State Farm reported an underwriting loss in 2014, though investment and other income still helped leave it with an operating profit. The insurer’s combined property/casualty underwriting loss landed at $939 million,...
RenaissanceRe Completes Acquisition of Platinum Underwriters
Mar 2 2015 // RenaissanceRe Holdings Ltd. announced that it has completed its acquisition of Platinum Underwriters Holdings Ltd. The acquisition was originally announced on November 24, 2014. “The combination of RenaissanceRe and...
LIU Adds Underwriters to Risk Engineering Team
Feb 27 2015 // Liberty International Underwriters has added five risk engineers to its U.S. and Latin America risk engineering team to focus on energy-related opportunities and civil construction projects in response to the resurgence in...
Ariel Re Launches Ariel Specialty Insurance Managers
Feb 27 2015 // Ariel Specialty will commence underwriting E&S property business on March 1st, 2015, with business being written through wholesale brokers only on a limited appointment basis and on behalf of Ariel’s...
All Risks Adds Aimini as Brokerage Underwriter in Miami
Feb 27 2015 // Jorge Aimini has joined the Miami office of All Risks as a brokerage underwriter. Aimini’s responsibilities will comprise of underwriting accounts within the parameters of All Risks’ contract binding agreements...
Ratings of Houston-Based Delta Lloyds Insurance Co. Downgraded
Feb 24 2015 // Ratings agency A.M. Best has downgraded the financial strength rating (FSR) to B+ (Good) from B++ (Good) and the issuer credit rating (ICR) to “bbb-” from “bbb+” of Delta Lloyds Insurance Co. of...
