Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
How to Attract Carrier Attention on Program Business
Dec 12 2011 // Agents who use an organized, straightforward method when submitting program business to market will benefit by gaining faster response times from carriers and the potential to create new programs. Kenneth Robinette, of...
Do Actuarial Models Influence P/C Underwriting Cycle?
Dec 9 2011 // Property/casualty insurance is noted for the sharp rise and fall of its rates – the underwriting cycle. As actuaries have developed more sophisticated statistical and computer models to help understand complex insurance...
CNA Appoints Commercial Underwriting Officer in Boston
Dec 7 2011 // CNA Financial Corporation appointed Charles O’Donnell as commercial underwriting officer for its Boston branch office. In this position, O’Donnell will add local underwriting leadership and technical...
People
Dec 5 2011 // Susan Gropp has been elected president of the Texas Surplus Lines Association Inc. Gropp is executive vice president of Arcana Insurance Services in Dallas. Other newly elected officers include: Vice President Kathy van...
Torus Acquires Renewals of C.V. Starr for Continental Europe; Interview with Int’l. CEO O’Donohoe
Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...
DUAL Corporate Risks Adds More D&O Capacity from Aspen, Pembroke
Dec 5 2011 // London-based specialist underwriting agency DUAL Corporate Risks announced that it has entered into a strategic partnership with Aspen Managing Agency Limited (Syndicate 4711) and Pembroke Managing Agency Limited...
People
Dec 5 2011 // Holly Foxen Wells has been promoted to marketing and public relations manager of San Diego, Calif.-based Atlas General Insurance Services. She will lead the marketing team to enhance Atlas’ brand strategy and...
How to Attract Carrier Attention for Program Business
Dec 5 2011 // Agents who use an organized, straightforward method when submitting program business to market will benefit by gaining faster response times from carriers and the potential to create new programs. Kenneth Robinette, of...
Sweeney Retires; McKay Named CEO of U.S. Aviation Underwriters
Dec 1 2011 // Michael Sweeney plans to retire as CEO of United States Aviation Underwriters (USAU) at the end of the year, parent company General Re Corp. in Stamford, Conn. said. Sweeney will continue as chairman until April 30, 2012....
Appalachian Underwriters Receives New Endorsement in Georgia
Nov 30 2011 // Appalachian Underwriters, Inc. (AUI) will be the exclusively endorsed workers’ compensation provider for the Independent Insurance Agents of Georgia. This organization includes 660 member agencies. AUI will utilize...
Texas Mutual Promotes Lentz to VP of Underwriting
Nov 23 2011 // Texas Mutual Insurance Co. has promoted Jeff Lentz from senior manager of underwriting and marketing to vice president of underwriting. In his new role, Lentz will be responsible for directing underwriting policies and...
Ratings of Northwest G.F. Mutual Insurance Co. Downgraded
Nov 22 2011 // A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B+ (Good) and issuer credit rating to “bb-” from “bbb-” of Northwest G.F. Mutual Insurance Co. based in Eureka, S.D. The...
Underwriters May Soon Be Using Social Network Data
Nov 21 2011 // The insurance industry is paying increasing attention to what people and businesses post on social networking sites like Facebook, Twitter and LinkedIn. Already, scouring the social network pages of insureds is a common...
People
Nov 21 2011 // Holborn Corp., an independent reinsurance brokerage firm in New York, appointed two executives: Wesley Zeliff as vice president and Shinji Ueda as assistant vice president. Zeliff comes from U.S. RE Corporation, where he...
People
Nov 21 2011 // Valencia, Calif.-based Petersen International Underwriters has named John J. Russo as legal director. Russo will assist in monitoring compliance and current legislation in various states, maintaining surplus lines...
People
Nov 21 2011 // Cincinnati-based Great American Insurance Group’s corporate claims division hired Emmet M. Murphy as vice president responsible for the environmental claims unit.Murphy joins Great American from The Hartford and its...
Catherine Baker Hired as Senior Underwriter at Atlas in California
Nov 18 2011 // Atlas General Insurance Services has hired Catherine Baker as a senior underwriter. Baker comes to San Diego, Calif.-based Atlas from The Republic Group in Dallas, Texas, where she served for three years as a Multiline...
Catlin, China Re Announce Strategic Partnership; New Lloyd’s Syndicate
Nov 18 2011 // Catlin Group Limited has announced the formation of a strategic partnership with China Reinsurance (Group) Corporation (China Re) that will result in the establishment of a special purpose syndicate at Lloyd’s of...
XL’s Surety Unit Appoints Executive Underwriter in Baltimore
Nov 17 2011 // XL Group’s surety unit is expanding with the appointment of James Hoyas as vice president and executive underwriter. He is based in XL’s Baltimore office and reports to Bill Mills, senior vice president of...
Atlas in Southern California Promotes Boyd to Underwriting Manager
Nov 17 2011 // Atlas General Insurance Services has promoted Steve Boyd to underwriting manager. In his expanded role, Boyd will continue to underwrite while contributing to program management at Atlas. Boyd, who served as a senior...
