Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Mar 21 2011 // Provider Insurance has appointed Lynn Cubano as personal lines account manager. She will be responsible for acquiring new clients and expanding existing accounts in the personal lines division of the Massachusetts-based...
XL Insurance Promotes Bruce-Smythe to CUO – Int’l. P/C
Mar 17 2011 // XL Insurance, the global insurance operations of the XL Group, has promoted Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty business. He previously served as Chief...
XL Adds Schenone to Space Underwriting Unit
Mar 14 2011 // Insurer XL has appointed Robert C. Schenone as vice president and senior class underwriter in its space underwriting unit. Schenone, who will be based in New York, joins XL Insurance from Sciemus Ltd., where he served as...
ACE USA Reorganizes Medical Risk Business
Mar 11 2011 // ACE USA, the U.S.-based retail operating division of the ACE Group, is reorganizing its medical liability group into two operating units, ACE Medical Risk and ACE Life Sciences. These two units will serve the unique...
Minnesota’s Western National Insurance Announces New Management Roles
Mar 9 2011 // Western National Insurance Group (WNIG), headquartered in Minnesota, has partially realigned its management team. The following members of WNIG’s management team have assumed new roles: Jeff Couchman, formerly vice...
Interstate Insurance Management Promotes Four
Mar 7 2011 // Pennsylvania-based managing general underwriter Interstate Insurance Management has made several promotions. Larry E. DeFrances has been named executive vice president, commercial auto underwriting manager – U.S....
Web Exchange
Mar 7 2011 // Man v. Machine InsuranceJournal.com reported on the adventures of IBM’s artificial intelligence machine, Watson, and its victory on the TV game show “Jeopardy.” In the article and podcast, What’s...
State Farm Posts $1.8 Billion Net Income for 2010 Despite Underwriting Losses
Mar 3 2011 // State Farm reported $1.8 billion in after-tax net income in 2010, compared with $800 million in 2009. The improvement “was driven by the P-C companies’ improved results,” said the bulletin, which also...
Maritime General Agency Rebrands, Consolidates All Entities
Mar 3 2011 // Maritime General Agency announced its newly formed business identity, which it said “combines three niche marine insurance underwriting facilities: Maritime Program Group; Maritime General Agency, Marine MGA, and...
Allied American Underwriters Adds King in Louisiana
Mar 2 2011 // Allied American Underwriters (AAU), a national program manager and subsidiary of USG Holding/USG Insurance Services, has added Pamela King as an underwriting assistant in Louisiana. King developed her career throughout 19...
Chang Named Starr Casualty, Greater China Underwriting Manager
Mar 1 2011 // Hong Kong-based Starr International Company, Inc. has announced the appointment of Irene Chang as Underwriting Manager of Starr Casualty for Greater China. She will lead the effort in developing and promoting all Casualty...
QBE Group Posts $1.278 Billion 2010 Net Profit; $1.168 Billion Underwriting
Mar 1 2011 // The Australia-based QBE Group reported net after tax profits of *$1.278 billion for 2010, a 17 percent decrease from the $1.532 billion reported for 2009. However, the decline was almost entirely due to a drop in...
Ritchie to Head New Argo Int’l. Paris Branch Office
Feb 28 2011 // The Bermuda-based Argo Group International Holdings announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. The new...
PartnerRe Makes Changes in Catastrophe Business Unit
Feb 25 2011 // Bermuda-based PartnerRe Ltd. Has announced leadership changes in its Catastrophe business unit, effective April 1, 2011. Brian Secrett, currently Chief Underwriting Officer and Deputy Head, Catastrophe, has been appointed...
A.J Gallagher to Acquire UK Agency Woodbrook
Feb 25 2011 // Arthur J. Gallagher & Co. announced that it has signed a definitive agreement to acquire the business and certain assets of London-based Woodbrook Underwriting Agencies, Ltd. The transaction is expected to close during...
Capitol Insurance Companies Promote Three
Feb 24 2011 // Middleton, Wis.-based Capitol Insurance Companies has announced three promotions. Kevin A. Klestinski has been named vice president of property and casualty underwriting, Richard F. Boettner has been promoted to director...
Wisconsin’s Capitol Insurance Promotes 3
Feb 24 2011 // Capitol Insurance Cos. of Middleton, Wis., announced that Kevin A. Klestinski has been named vice president of Property & Casualty Underwriting, Richard F. Boettner has been promoted to director of Underwriting –...
PPIB Adds Martone to Underwriting Staff
Feb 22 2011 // Professional Program Insurance Brokerage in Novato Calif., has added Lisa Martone to its underwriting staff. Martone will be a senior underwriter to grow the program business, including the new artisan contractor program,...
Mitsui Sumitomo at Lloyd’s Expands Team; Hires Five Execs
Feb 18 2011 // Mitsui Sumitomo at Lloyd’s has made five appointments to its corporate, mid-market and regional distribution teams as the UK non-life insurer continues its expansion drive. The corporate team has been strengthened by...
People
Feb 10 2011 // Cincinnati, Ohio-based Great American Insurance Group’s Property and Inland Marine Division has promoted two insurance executives: Grace Thomas and Cecil Wilson. Thomas was promoted to divisional senior vice...
