Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Ascot Underwriting Hires Former Aon Benfield Exec in Hartford
Nov 16 2011 // Lloyd’s syndicate Ascot Underwriting appointed Dawnmarie Black as senior vice president based in Hartford, Connecticut. She will take on her new role beginning December. Black joins Ascot from facultative broker Aon...
Gates Named Senior Underwriter at Harry W. Gorst
Nov 14 2011 // Michael Gates has joined Chatsworth, Calif.-based Harry W. Gorst Co. Inc. as a senior underwriter in its personal lines department in Mission Viejo, Calif. Gates comes from a national wholesale managing general agent,...
Liberty International Underwriters Expands E&S Property Operations to West Coast
Nov 9 2011 // Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, has opened an excess and surplus (E&S) property operation in Los Angeles to better serve the West Coast wholesale...
People
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
Underwriters May Soon Be Using Social Network Data
Nov 7 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 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
Third Quarter Earnings Reports: Alterra Capital, AXIS Capital, XL Group
Nov 3 2011 // Alterra Capital: Q3 2011 Q3 2010 Gross premiums written $386.33 mn $325.21 mn 9 months — 2011 2010 $1.578 bn $1.095 bn Net premiums earned —- $347.04 mn $342.43 mn 9 months – 2011 2010 $1.0758 bn $829.93...
Arkansas Rural Risk Underwriting Assoc. Assessments due Dec. 31
Oct 28 2011 // The Arkansas Department of Insurance announced that assessments from property/casualty insurers and farm mutual insurance companies for the Arkansas Rural Risk Underwriting Association are due by Dec. 31, 2011. The $200...
XL Hires Three New Underwriting Managers in Hartford
Oct 27 2011 // XL Group’s insurance segment hired three new inland marine underwriting managers. The new executives are: Anne Marie Elder as senior vice president, inland marine; Virginia Cameron as senior vice president, marine;...
Chartis Appoints Chief Underwriting Officer for Global Commercial Unit
Oct 26 2011 // Chartis has appointed Tim Carter as chief underwriting officer for the company’s global commercial insurance unit. He will be responsible for underwriting leadership, strategy and governance for the financial lines,...
Flagstone Re to Restructure Business; Sell Lloyd’s Operation
Oct 26 2011 // Flagstone Reinsurance Holdings has announced a number of strategic initiatives, which it said are “designed to realign the Company’s strategy and core capabilities.” Flagstone said it “intends to...
Reiner Named Underwriting VP at America First Insurance
Oct 21 2011 // Texas-based America First Insurance, a Liberty Mutual Agency Corp. regional company, has named Tiffany Reiner vice president, underwriting. With more than 15 years of commercial insurance experience, Reiner will have...
Merkel Appointed Regional Chief Underwriting Officer at Zurich North America
Oct 21 2011 // Zurich announced the appointment of Mary Merkel as regional chief underwriting officer for Zurich in North America, effective immediately. Merkel replaces Tim Carter, who left the company to pursue another...
Fireman’s Fund Appoints Chief Underwriting Officer and Chief Field Executive
Oct 19 2011 // Novato, Calif.-based Fireman’s Fund Insurance Co. has named David Zona as chief underwriting officer and Kathleen Zortman as chief field executive. As chief underwriting officer, Zona is responsible for setting the...
More Optimism, but Plenty of Controversy Surrounds Mortgage Broker Errors and Omissions Market Segment
Oct 17 2011 // Insurance agents serving the mortgage broker marketplace see some signs of improvement but they aren’t yet jumping for joy. The mortgage brokers error and omissions (E&O) market became severely strained when the...
UK’s Pioneer Appoints Comes New Senior Underwriter
Oct 14 2011 // The UK-based Pioneer Underwriting Ltd, the MGA subsidiary of the independent specialist broker BMS Group, announced the appointment of Peter Coles as its new Senior Underwriter. He has 25 years of insurance experience and...
In Few Years, Social Network Data May Be Used in Underwriting
Oct 13 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 Facebook and other social network pages of the...
ACE Tempest Re Appoints Mardon Division President of Bermuda Operations
Oct 13 2011 // ACE Tempest Re Group has appointed Tim Mardon as Division President of ACE Tempest Re Bermuda. He will have responsibility for all operating aspects of the company’s Bermuda-based property and casualty reinsurance...
XL Group Hires New York-based East Region Executive
Oct 12 2011 // Bermuda-headquartered XL Group said its insurance unit hired Michele Sansone as senior vice president and eastern regional executive, based in New York City. She will be responsible for managing XL’s property...
Concordis to Acquire Advance Underwriting Managers
Oct 11 2011 // Destin, Fla.-based financial holding company Concordis Group Inc. has agreed to acquire Advance Underwriting Managers. Advance Underwriting Managers will be a wholly owned subsidiary of Concordis Group. AUM is based in...
