Latest Underwriting Headlines

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

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...

People

May 3 2010 // Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions. Dan Tuman, former vice president of commercial insurance, is...

People

May 3 2010 // Regional property/casualty insurance company, The Republic Group, based in Dallas, announced that Jim Drawert, vice president – Industry Relations, will retire June 30. Prior to joining Republic in 2003, Drawert was...

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...

Mattucci-Mychajliw Appointed Underwriting Officer for CNA in New York

Apr 30 2010 // CNA has appointed Belinda Mattucci-Mychajliw to commercial underwriting officer for its New York Metro branch office. In this position, Mattucci-Mychajliw joins nine recently announced commercial underwriting officers who...

Directors & Officers Liability Renewals: A Tale of Two Markets

Apr 27 2010 // Your client’s directors and officers liability policy is coming up for renewal. What can you expect from the market? Like the Dickens classic, this is a tale of two markets. The Best of Times For companies with...

Travelers Reports Catastrophe Losses Hurt Profits in Q1

Apr 23 2010 // The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to...

People

Apr 19 2010 // CNA appointed Nancy Osborn branch vice president for its Phoenix and Albuquerque, N.M., offices; and Connie Taylor vice president of its new Los Angeles branch office, scheduled to open in May. Osborn began her insurance...

People

Apr 19 2010 // Central Insurance Companies of Van Wert, Ohio, announced the retirements of Michael E. Thompson and George J. Gress. Additionally, Central promoted Jana L. Ringwald to vice president of Commercial Underwriting for its...

P/C Industry’s Net Income Up $25B in 2009; Combined Ratio Improves

Apr 15 2010 // The U.S. property/casualty industry’s profitability as measured by their rate of return on average policyholders’ surplus (or statutory net worth) increased by 5.8 percent in 2009, while private P/C...

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...

CNA Select Risk Enhances Transportation Unit, Adds Underwriters

Apr 13 2010 // CNA Select Risk, which includes excess and surplus business, as well as wholesale property accounts, added to its transportation unit the newly-created Center of Excellence in Atlanta. The unit will focus on writing new...

Penn National Insurance Makes Management Moves

Apr 13 2010 // Penn National Insurance announced a number of executive moves, including the retirement of CEO Dennis C. Rowe. Rowe will retire October 1, but retain his position as chairman of the board. He began his career with Penn...

Wholesale Insurance Brokers AmWINS, Colemont Merge

Apr 9 2010 // AmWINS Group, Inc. and Colemont Insurance Brokers today announced that the two companies will be combined to form a specialty insurance distributor placing more than $4.8 billion in annual premiums with over 1,800...

Ohio’s Central Insurance Promotes Ringwald and Jackson

Apr 7 2010 // Central Insurance Companies of Van Wert, Ohio, has promoted Jana L. Ringwald to vice president of Commercial Underwriting for its Central Mutual and All America subsidiaries, and Patrick J. Jackson to vice president and...

CNA Appoints New Commercial Underwriting Officers

Apr 7 2010 // Chicago-based CNA Financial Corporation has appointed new commercial underwriting officers in several branch offices. The following commercial underwriting officers are scheduled to begin their new roles in April: Jamie...

People

Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...

People

Apr 5 2010 // New Jersey-based Synergy Professional Associates has hired Thomas Dattoli as manager of its professional liability unit. Dattoli will be responsible for underwriting professional and excess liability for lawyers, and...

D&O Coverage as a Partner in Crime (and Fidelity)

Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...