Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
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...
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...
