Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Colorado Casualty Names Hickert Underwriting VP
Feb 4 2011 // Colorado Casualty, a Liberty Mutual Agency Corp. regional company, announced that Brenda K. Hickert has been named vice president, Underwriting. With more than 20 years of industry experience in positions of increasing...
QBE Forms U.S. General Aviation Underwriting Group
Feb 4 2011 // QBE the Americas created a U.S.-based general aviation underwriting operation. Headquartered in Atlanta, QBE the Americas’ Aviation Team is designed to expand the company’s global aviation activities. QBE is...
Distinguished Programs Acquires Dallas’ GreenLine Underwriters
Feb 4 2011 // Distinguished Programs Group LLC (Distinguished), headquartered in New York, has acquired a controlling interest in GreenLine Underwriters (GreenLine), a Dallas-based program administrator focused on delivering insurance...
Willis, Atlas Set-up Malta-based Insurer to Underwrite UK Auto Liability
Feb 3 2011 // The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), which is based on the Island of Malta, jointly announced the establishment of a new insurance structure to cover the...
UK’s Amlin to Acquire Lead Yacht Underwriters
Jan 31 2011 // UK-based specialist insurer Amlin plc announced that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht Underwriters Limited from members of Lead Yacht’s board of directors. The transaction...
New K-12 Accident Medical Program Offers Options for Public Schools and Students
Jan 28 2011 // Fort Wayne, Ind. – January 28 2011 – K&K Insurance, a division of Aon Underwriting Managers and a managing general underwriter offering insurance products and services to the sports, leisure and...
National Underwriter, Summit Media File for Bankruptcy
Jan 26 2011 // Summit Business Media and its affiliates including The National Underwriter insurance publisher have filed for Chapter 11 bankruptcy to address more than $250 million in debt and unsecured claims. The company said that it...
UK’s Amlin Acquires J R Clare Underwriting Agencies
Jan 26 2011 // UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John...
Howden Specialty Underwriters Forms Management Liability Program with LIU
Jan 25 2011 // Howden Specialty Underwriters LLC, a subsidiary of Hyperion Insurance Group Limited, and Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, now offer a management...
Glomb Named Underwriting Chief at PHLY
Jan 25 2011 // Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of...
People
Jan 24 2011 // Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the...
Inferior Results Will Force Admitted Carriers Out of the E&S World, Eventually
Jan 24 2011 // Turnaround May Not Happen Until 2012 The loss of market share in the surplus lines sector of the property/casualty insurance industry will turn around when standard carriers begin to experience negative results from the...
People
Jan 24 2011 // Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25 years of insurance industry experience, will oversee service and insurance placements for a...
Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs
Jan 24 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty CEOs. “2010 was...
Ryan Specialty Intros New CAT/Construction Risk Facility in Texas
Jan 20 2011 // Chicago-based Ryan Specialty Group LLC (RSG) has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on providing best in class underwriting for complex construction and...
J.M. Wilson Hires Lombardo as Property/Casualty Underwriter
Jan 20 2011 // Managing general agency J.M. Wilson has added Katie Lombardo as a property/casualty underwriter in its Arlington Heights, Ill., office. Lombardo will review, quote, bind and service commercial P/C accounts for the...
Best Upgrades Unifund Assurance Rating; Affirms Ratings of RSA Canada Members
Jan 20 2011 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bb+” from “bb” and affirmed the financial strength rating (FSR) of ‘B’ (Fair) of Unifund Assurance Company, which is based...
Argo Group Announces Management Changes
Jan 14 2011 // The Bermuda-based Argo Group International Holdings has appointed Andrew Carrier to the newly-created position of group chief underwriting officer. In this expanded role he will oversee underwriting across Argo...
Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs
Jan 14 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty chief executive...
Beazley Adds Komro as D&O Underwriter in Chicago
Jan 11 2011 // Anthony Komro has joined Beazley in Chicago as an underwriter of directors and officers (D&O) coverage. The company said Komro will help build upon Beazley’s established and growing presence in the Midwest,...
