Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
P/C Insurers Turned Profit on Underwriting in Q1, Attained Record Surplus
Jun 24 2013 // First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers’ net income after taxes rose to $14.4...
XL Appoints Devaux-Piquer Casualty Underwriting Manager Europe, Reinsurance
Jun 18 2013 // The XL Group announced that it has appointed Valérie Devaux-Piquer to the position of Casualty Underwriting Manager, Europe, Reinsurance, effective Sept. 1, 2013. She will take the place of Dieter Kohl, who retires this...
CFC Underwriting Upgrades Cyber Policy
Jun 17 2013 // Lloyd’s underwriting agency, CFC has made a major upgrade to its flagship cyber and privacy product policy in order to protect customers against the changing face of cyber crime and react to the constant changes in...
Ryan Specialty Group’s ThinkRisk Announces New Hires in Northeast
Jun 13 2013 // Ryan Specialty Group’s ThinkRisk Underwriting Agency announced three new hires in its Northeast offices: Jonathan Koppel, Katie Duff and Nicole Simmons. Koppel joins ThinkRisk as a senior underwriter. He is based in...
Engelen Joins Mitsui Sumitomo at Lloyd’s for Marine Liability Growth
Jun 13 2013 // Mitsui Sumitomo at Lloyd’s has affirmed its commitment to grow its Marine Liability business with the appointment of Simon Engelen as Class Underwriter. Engelen will join Mitsui Sumitomo at Lloyd’s later this...
HCC International Names Button London Market Chief Underwriting Officer
Jun 10 2013 // HCC Insurance Holdings announced the promotion of Simon Button to Chief Underwriting Officer for HCC International Insurance Company PLC and Lloyd’s Syndicate 4141 (known collectively as HCC International). He...
Button Named London Market Chief Underwriting Officer for HCC International
Jun 7 2013 // HCC Insurance Holdings Inc. has p[romoted of Simon Button to chief underwriting officer for HCC International Insurance Co. PLC and Lloyd’s Syndicate 4141, reporting to HCC International’s Chief Executive...
J.M. Wilson Adds Pusateri as Underwriter in Wisconsin
Jun 6 2013 // Managing general agency J.M. Wilson announced it has hired Kristen Pusateri as property/casualty underwriter in its Madison, Wis., office. Her responsibilities include reviewing, quoting, binding and servicing commercial...
Philadelphia Insurance Hires 2 Underwriting Vice Presidents
Jun 3 2013 // Philadelphia Insurance Companies announced the hiring of Ziad Kubursi as senior vice president of specialty lines and Karen Votta as vice president of large accounts for commercial lines. Ziad Kubursi will lead the...
Agencies See Underwriting Changes in Homeowners Market
Jun 3 2013 // The Professional Insurance Agents (PIA) said its recent survey shows significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the...
Best Revises Outlook on Travelers and Most Subs to Positive; Affirms Ratings
May 31 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty...
Swett & Crawford Names LaVoie Senior Underwriter in Hawaii
May 30 2013 // Swett & Crawford’s property/casualty underwriting department has added Wilma LaVoie in the firm’s Honolulu, Hawaii office as senior underwriter. LaVoie has 15 years of underwriting experience. She joins the...
Liberty International Underwriters Names Clauson SVP of Excess Casualty
May 29 2013 // Liberty International Underwriters (LIU), part of the Global Specialty division of Liberty Mutual Insurance, has appointed Peter A. Clauson as senior vice president of LIU Excess Casualty and Umbrella in the U.S. and Latin...
UK’s APC Lifts Liability, Property Limits to Quote Risks Online
May 29 2013 // The UK-based commercial insurance underwriting agency, APC, announced that it has increased the limits on the majority of its public and products liability risks to £10 million ($15 million] and property risks to £50...
S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs
May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...
Conn.-Based SPARTA Insurance Names Chief Underwriting Officer
May 24 2013 // Hartford, Conn.-based SPARTA Insurance Co. promoted Tom Colosi to chief underwriting officer effective June 1. He has been serving as senior vice president of underwriting since joining SPARTA last November. Prior to...
UK Insurer Marketform Expands into U.S. Hospital PL Market
May 23 2013 // Lloyd’s specialist underwriter Marketform will commence underwriting hospital professional liability, comprising medical malpractice and associated general liability insurance, in the United States effective June 1,...
London Underwriter Becomes First to Insure California Carbon Credits
May 23 2013 // Parhelion Underwriting Ltd. became the first insurer to offer a policy to protect companies from the invalidation of carbon offset credits sold as part of California’s cap-and-trade program. Parhelion, based in...
PIA: Agencies See Significant Underwriting Changes in Homeowners Market
May 22 2013 // The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market...
Workers’ Comp Sees Encouraging Signs in 2012 Results: NCCI
May 16 2013 // The workers’ compensation market is seeing encouraging signs. Premiums grew for the second consecutive year, the combined ratio declined and claim frequency continued to improve at a pace slightly greater than its...
