Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
A.M. Best: New Regulations, Market Conditions and Financial Crisis Wreak Havoc on Workers’ Comp Line
Sep 21 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008. Changing regulatory conditions and reforms have also impacted the...
Chalmers Named AVP, Misc. Professional Underwriting at Nautilus
Sep 17 2009 // Curtis R. Chalmers has been named assistant vice president-miscellaneous professional liability, for Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co.,...
London American Expands Underwriting Division in Dallas
Sep 17 2009 // London American Risk Specialists Inc. is expanding its Dallas, Texas, underwriting division and has created an underwriting/binding authority department in the Dallas office. The department will offer in-house quoting and...
Matheessen Named Underwriting Head at ACE’s Energy Risk Unit
Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit. This new unit within ACE Risk Management provides a...
Validus Names Cooper to Head No. Am. Catastrophe Re Underwriting
Sep 10 2009 // Bermuda-based Validus Holdings, Ltd. Has appointed Charles F.A. Cooper as the Head of North American Property Catastrophe Reinsurance Underwriting of Validus’ wholly-owned subsidiary Validus Reinsurance, Ltd.,...
Liberty International Underwriters Names Donovan, McAbee as VPs
Sep 10 2009 // Liberty International Underwriters (LIU) announced two new executive appointments in the company’s Primary Casualty and Marine units. LIU named Peter Donovan as vice president – Primary Casualty. Donovan is a...
People
Sep 7 2009 // ProMutual ProMutual Group has promoted José R. “Joe” Zorola to vice president of underwriting. Zorola previously served as director of underwriting for the Boston-based medical liability insurer. In this new...
People
Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....
People
Sep 7 2009 // Markel Corp. has promoted Henry Lopez to president for Markel Midwest. Lopez has served as executive vice president for the Midwest region since November 2008. He joined Markel in 1995 as a financial analyst and has held a...
Best Affirms Catlin Group’s ‘A’ Ratings
Sep 2 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the Bermuda-based Catlin Insurance Company Ltd (CICL), Catlin Insurance Company...
Three CGL Endorsements Every Insured Should AVOID
Aug 20 2009 // Endorsements to the commercial general liability (CGL) policy are highly specialized. A high percentage are either exclusionary or extend protection to distinct classes of additional insureds. Most of the remaining...
Specialty Risk Associates Is Expanding Management Team
Aug 20 2009 // Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team that will become effective Sept. 1. Thomas Garland was named chief operating officer. Garland joined...
Moore and Johnson Join Dallas Office of Swett & Crawford
Aug 18 2009 // The Dallas office of Swett & Crawford has added Eric Johnson and Ryan Moore to its team of insurance professionals. Johnson joins as an underwriter with Swett & Crawford’s Dallas contract unit. He has 21...
Markel International Names Leach Contingency Underwriter
Aug 18 2009 // London-based Markel International has appointed James Leach as contingency underwriter to develop its diverse specialty division. He joins Markel from Sirius International where he worked for two years becoming assistant...
Zurich Makes Two Executive Appointments
Aug 13 2009 // Zurich Financial Services Group (Zurich) has appointed Alan Fairhead (50, British citizen), currently chief underwriting officer for Global Corporate, to the position of chief underwriting officer for Europe General...
ProMutual Names Zorola as Vice President of Underwriting
Aug 11 2009 // ProMutual Group has promoted José R. “Joe” Zorola to vice president of underwriting. Zorola previously served as director of underwriting for the Boston-based medical liability insurer. In this new capacity,...
Markel International Names Ashby as Specie Underwriter
Aug 11 2009 // Markel International has appointed Robert Ashby as specie underwriter to boost its marine and energy division. Ashby has worked for nearly a decade in specie underwriting. Most recently, he spent six years at QBE where he...
Fireman’s Fund Adds Schmickle as Music Underwriting Director
Aug 10 2009 // Novato, Calif.-based Fireman’s Fund Insurance Co. is enhancing its Entertainment division with the addition of Jerid Schmickle, who specializes in assessing the risks of touring musical artists and their concert...
Delos and Avoca Launch Underwriting Partnership
Aug 10 2009 // Delos Insurance Group and Avoca Insurance Holdings have launched a joint venture focused on underwriting excess and specialty lines. The newly formed, Boston-based underwriting management company will be known as Naxos...
Arkansas Details Obligations for P/C Insurance Providers
Aug 6 2009 // The Arkansas Insurance Department has posted directives on its Web site that detail compliance requirements for property casualty insurance providers in that state. The insurance department noted that while Arkansas state...
