Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Willis Urges Energy Underwriters to Innovate to Survive
Apr 9 2015 // Willis Group Holdings is urging energy insurers to increase innovation and offer buyers a wider range of new products and services “as underwriters face mounting competitive pressure, record capacity levels and...
DUAL Marine & Energy Forms Underwriting Partnership With CNA Hardy
Apr 8 2015 // DUAL, the international underwriting agency, announced its global marine and energy business has started underwriting with support from CNA Hardy’s Lloyd’s syndicate. DUAL is the underwriting arm of Hyperion...
Ryan Specialty Group Launches New MGU Windward Specialty
Apr 7 2015 // RSG Underwriting Managers (RSGUM) has launched Windward Specialty, a new managing general underwriter. Windward Specialty will underwrite a range of property risks exclusively through wholesale insurance brokers. The new...
QBE European Operations Names Menear as Director of Underwriting Operations
Apr 6 2015 // London-based QBE European Operations, which is part of QBE Insurance Group, has appointed Nick Menear as director of underwriting operations, effective April 1. In this new role, Menear is responsible for fostering...
Bermuda Re/Insurers Post Strong 2014 Global Underwriting Results: ABIR
Apr 6 2015 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2014 global underwriting results for its member (re)insurers, with 19 of 21 member (re)insurers participating in the survey. The ABIR said:...
BB&T Ups Stake in AmRisc Agency, Divests Insurer American Coastal
Apr 2 2015 // Raleigh, North Carolina-based insurance broker BB&T Insurance Holdings Inc. has reached an agreement to significantly increase its partnership interest in AmRisc, a managing general underwriter for commercial property...
Westfield Insurance Taps Neate to Lead National Underwriting Office
Apr 1 2015 // Westfield Insurance, a super-regional property and casualty insurance carrier based in Westfield Center, Ohio, has promoted Kristine Neate to the new role of national underwriting office leader. Kristine Neate In this...
Nonemployee ‘Employees:’ The Borrowed Servant Doctrine – Part II
Apr 1 2015 // Part I of this “nonemployee, employee” mini-series introduced the three types of “employers” and began the discussion regarding what constitutes or creates control. Part II completes the...
Jones Made a Name in Surety as a Common Sense Underwriter
Mar 31 2015 // Louis E. Jones had a reputation in the insurance industry as a common sense underwriter, and there were few contractors and home builders that he did not touch over the years, his friends say. Jones was born Nov. 9, 1931....
Ratings of Texas-Based National Lloyds, American Summit Affirmed
Mar 31 2015 // A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of “a” of Texas-based National Lloyds Insurance Co. (National Lloyds), and its affiliate, American...
King Insurance in California Names DeGazon Underwriter, Program Manager
Mar 25 2015 // San Juan Capistrano, Calif.-based King Insurance has named Andre DeGazon a senior professional liability underwriter and program manager. DeGazon has 20 years of experience. He was formerly a professional liability senior...
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....
