Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Best Affirms Baldwin & Lyons and Operating Subs Ratings; Outlook Stable
Apr 8 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Protective Insurance Company (PIC) and its wholly owned subsidiary,...
Atlas General Insurance Services Acquires South Bay Underwriters
Apr 4 2013 // San Diego, CA, 4/4/13 – Atlas General Insurance Services, LLC, is pleased to announce its acquisition of South Bay Underwriters, LLC, from Bliss & Glennon, a leading national managing general agency and surplus lines...
Nautilus Names Markham SVP and Chief Underwriting Officer in Arizona
Apr 2 2013 // Scottsdale, Ariz.-based Nautilus Insurance Group named Wendy L. Markham senior vice president and chief underwriting officer. Markham joined Nautilus in 1986. Most recently served as vice president-underwriting general...
Best Affirms Fairfax Financial and Subs Ratings; Outlook Stable
Mar 29 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Toronto-based Fairfax Financial Holdings Limited, and has also affirmed the financial...
A.M. Best: Outlook Negative for Columbia Mutual Insurance Co.
Mar 28 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Columbia Mutual Insurance Co....
Wagner Named Chief Underwriting Officer at Michigan-Based Amerisure
Mar 27 2013 // Amerisure Mutual Insurance Co., a Farmington Hills, Mich.-based provider of property and casualty insurance for more than 100 years, has promoted Ted Wagner to chief underwriting officer. Wagner assumes management...
Analysis Highlights Sandy’s Impact on Underwriting Results
Mar 25 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual P/C filer’s 2012 statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
RAA: U.S. Reinsurers Had Higher Profits, Improved Underwriting Results in 2012
Mar 15 2013 // The Reinsurance Association of America (RAA) said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and net income for 2012 compared to 2011. The RAA said Thursday that a survey of...
SNL Analysis Highlights Sandy’s Impact on P/C Underwriting Results
Mar 14 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
Best Affirms Chubb Corp. and Subs ‘A++’ Ratings; Outlook Stable
Mar 14 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the property/casualty subsidiaries of The Chubb Corporation, also known...
W.R. Berkley Forms Fire, Marine Underwriting Unit; Geary to Head
Mar 13 2013 // W. R. Berkley Corp. has lainched a new underwriting unit, Berkley Fire & Marine Underwriters. Headquartered in Chicago, Berkley Fire & Marine will focus on inland marine and related property risks regionally and...
USG adds Angi and Van Zanten to California Operations
Mar 7 2013 // USG Insurance Services Inc., a national wholesaler and managing general agent added producers/brokers Joyce Chambers and Angi Van Zanten. Chambers has more than 20 years of experience in insurance. Most recently Chambers...
UK Underwriter DUAL Strengthens Operational and Governance Functions
Mar 7 2013 // DUAL, the underwriting arm of Hyperion Insurance Group, has announced the next phase of its structural strengthening following a strategic review. Shane Doyle, Deputy CEO of DUAL International, will take on the new role of...
PPIB Names Schoenthal Underwriting and Production Manager in California
Mar 4 2013 // Professional Program Insurance Brokerage named Jennifer Schoenthal underwriting and production. Schoenthal will manage PPIB’s underwriting department in Novato, Calif. Schoenthal will report to Susan Preston,...
Simpson Named VP of Underwriting, Marketing for CompWest in California
Mar 4 2013 // CompWest Insurance Co., a subsidiary of Accident Fund Holdings Inc., named Gene J. Simpson vice president of underwriting and marketing. Simpson recently joined CompWest’s senior management team and is responsible...
Best Affirms Fireman’s Fund, Subs Financial Ratings; Lowers Credit Ratings
Mar 4 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent), but has downgraded the issuer credit rating (ICR) to “a” from “a+” of California-based Fireman’s...
TransRe Appoints Saville Manager, Sr. VP-Underwriting in Singapore
Mar 4 2013 // TransRe, the brand name for Transatlantic Holdings, Inc. and its subsidiaries, announced that Robert Saville has been appointed Sr. VP – Head of Underwriting at the new Singapore office of Transatlantic Reinsurance...
Best Upgrades Transatlantic Holdings and Subs ICR’s; Affirms ‘A’ Ratings
Mar 1 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Transatlantic Reinsurance Company...
Hartwig to Replace Patschak as Canopius Bermuda CEO
Mar 1 2013 // Canopius Group Limited announced that Susan Patschak, Chief Executive Officer of Canopius Bermuda has decided to step down, effective May 31, 2013, as she has decided to “assume a new role within the US insurance...
Trinity Underwriting Managers Announces Commercial Auto Program
Feb 26 2013 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has expanded its commercial auto capabilities. TUMI has established a relationship with an “A” rated carrier that underwrites...
