Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
N.Y.-Based Navigators Taps Zurich Exec to Lead Its Underwriting Agency
Jul 10 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group has appointed Vincent Tizzio as president and CEO of Navigators Management Company Inc., its principal U.S. underwriting agency subsidiary.Vincent TizzioHe will...
Appalachian Underwriters Restructures, Names 5 Regional Vice Presidents
Jul 10 2012 // Oak Ridge, Tenn.-based wholesale broker Appalachian Underwriters Inc. has restructured its organization to align with its regional strategy. The corporate office in Oak Ridge also houses the Southeast region. It has four...
Builder Agent Network Adds Hankins as Program Underwriter
Jul 9 2012 // Texas-based Builder Agent Network LLC announced that Debbie Hankins has joined the company as a program underwriter. Hankins will underwrite General Liability, Package, and Builders’ Risk for the MGA and will be...
Island Insurance Names Sato Assistant VP, Underwriting Services
Jul 6 2012 // Island Insurance Company Ltd. named Cizette Sato assistant vice president of its underwriting services division. Sato will continue to assist in the management of the company’s underwriting services division, where...
CNA Completes Acquisition of Hardy Underwriting Bermuda Ltd.
Jul 3 2012 // Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced the successful completion of CNA’s acquisition of Hardy, which was approved by Hardy shareholders in April 2012. The bulletin...
Catlin Names Huebel CEO of Canadian Unit, Other Executive Changes
Jun 28 2012 // The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada is the Group’s Canadian underwriting hub, headquartered in Toronto with...
P/C Insurers Profits Rose to $10.1B in Q1
Jun 27 2012 // Private U.S. property/casualty insurers’ net income after taxes rose to $10.1 billion in first-quarter 2012 from $7.8 billion in first-quarter 2011, with insurers’ overall profitability as measured by their...
XL Expands Technology Underwriting Staff in New York, Atlanta, Chicago
Jun 26 2012 // XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six underwriters to its U.S. cyberliability underwriting group and appointing a new vice president to its Select...
CNA Names Takahashi Underwriting Consulting Director
Jun 22 2012 // CNA, the national program underwriter for the American Institute of Certified Public Accountants Member Insurance Program, named Clyde Takahashi underwriting consulting director for its accountants professional liability...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market
Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...
RiskMeter.com Partners With BuildFax to Offer Roof Age Reports to Carriers
Jun 20 2012 // RiskMeter Online, a provider of real-time natural hazard risk reports, is now offering an enhanced product in conjunction with BuildFax, the creator of the first and only database of historical building permit data....
J.M. Wilson Adds Underwriters in Kansas City
Jun 19 2012 // Managing general agency J.M. Wilson has added two underwriters to its Kansas City, Mo., team. Eric Shwarz is a new property/casualty underwriter and Kefentse Mandisa is a new transportation underwriter. Shwarz and Mandisa...
How Predictive Modeling Has Revolutionized Insurance
Jun 18 2012 // The use of predictive modeling has forever changed the way insurance policies are priced. The revolutionary tool allows insurers to design ever-more-sophisticated models that tap ever-more-detailed data sets to refine...
Why Preparation Can Prevent Hurdles from Becoming Project-Killers in Construction Delays
Jun 18 2012 // Financing and Weather Among Top Delay Issues Keeping a construction project on track and on schedule is a big job. Many different pieces need to be in place at the right time. One big issue that often arises is the problem...
Aulenbacher Joins American Underwriting Managers as Marketing Director
Jun 15 2012 // American Underwriting Managers, a surplus lines MGA with offices in Southlake and San Antonio, Texas, has added Gay Aulenbacher, as vice-president, director of Marketing. Aulenbacher has served in the insurance agency and...
Arch Re Europe Announces Leadership Team Reorganization
Jun 13 2012 // Arch Reinsurance Europe Underwriting Limited announced that Maamoun Rajeh will be appointed as the company’s President and CEO as of July 1, 2012. He will succeed Helmut Söhler, who will assume the position of Vice...
Accident Fund Holdings Names Carney Chief Underwriting Officer
Jun 13 2012 // Michigan-based Accident Fund Holdings Inc. has appointed William G. Carney as chief underwriting officer. Carney recently joined Accident Fund Holdings’ executive team and is responsible for overseeing the...
UK’s CFC Launches Excess Underwriting Capability
Jun 11 2012 // London-based CFC Underwriting has launched an excess underwriting capability. CFC is a specialist lines underwriting agency backed by 17 Lloyd’s syndicates. It has clients in over 50 countries around the world and...
XL Political Risk, Trade Credit Unit Gets Approval for Lloyd’s Expansion
Jun 11 2012 // XL Group announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd’s to write Political Risk and Trade Credit risks using the Lloyd’s platform via XL Group’s...
Maine-Based WC Insurer MEMIC Group Hires 2 Senior Underwriters
Jun 7 2012 // The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, has appointed two senior underwriters: Mark Darragh for New Jersey and surrounding areas operations and Katrinka Casamassa for...