Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Glatfelter Insurance Group Acquires Professional Underwriters
Jan 12 2009 // York, Pennsylvania-based insurance broker Glatfelter Insurance Group has acquired Professional Underwriters Co. of Exton, Pa. for an undisclosed sum. Glatfelter is one of the largest insurance brokerages in the country;...
People
Jan 11 2009 // Markel Corp. has promoted Henry Lopez to executive vice president for the Markel Midwest region. Lopez has been with Markel since 1995 and most recently was the vice president, director of business development for...
People
Jan 11 2009 // Jacksonville, Fla.-based Harden & Associates has added Chris Huber as a Commercial Insurance account director. Harden & Associates also named Kathryn McKenna as a Personal Insurance account director. Prior to...
People
Jan 11 2009 // National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional...
NAS Appoints Hayase to Senior Underwriter
Jan 8 2009 // Encino, Calif.-based NAS Insurance Services has promoted Allison Hayase to senior underwriter for the company’s Healthcare and Social Services facility. For the past five years, Hayase has underwritten individual...
Huebel Named Catlin Canada Chief Underwriter
Jan 7 2009 // Catlin Canada Inc., the Canadian operating unit of the Bermuda-based Catlin Group Limited, announced that David Huebel joined the company on January 5, 2009, as Chief Underwriting Officer. He will be based in the Toronto...
Williams Promoted to Commercial Underwriter at First Premium
Jan 6 2009 // Covington, La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker and certified managing general agent, has promoted Kellie Williams to commercial underwriter. Kellie first...
HCC Acquires Massachusetts-Based Lumber Underwriter, VMGU Insurance
Jan 6 2009 // Houston-based specialty insurer HCC Insurance Holdings, Inc. has acquired VMGU Insurance Agency, an underwriter of the lumber, building materials, forest products and woodworking industries. The acquisition, along with...
Validus Enters Technical Lines Property Coverage with New Underwriter
Dec 23 2008 // Bermuda-based Validus Holdings, Ltd. announced today that it is expanding its business into Technical Lines Property insurance through the creation of Validus Underwriting Risk Services Inc. (VURS), a managing general...
Agents’ Wish List for Carriers in 2009
Dec 21 2008 // The past year has brought down a lot of businesses and people — but not independent insurance agents. They’re still up … for the challenge, for the future, for whatever lies ahead. Many independent agencies...
CRC Insurance to Acquire North Carolina-Based TAPCO Underwriters
Dec 19 2008 // CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch Banking and Trust Co., reports that it plans to acquire TAPCO Underwriters Inc. TAPCO will operate as a...
Best Upgrades Allianz (US) Ratings to ‘A+’; Affirms Fireman’s Fund
Dec 19 2008 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit ratings (ICR) to “aa” from “a” of Allianz Global...
The Buckner Co. Names Rons Underwriter of the Year
Dec 18 2008 // The Buckner Company, based in Salt Lake City, Utah, named Kimberly Rons, commercial lines senior underwriter for Colorado Casualty, as Underwriter of the Year. The Buckner Company nominated a dozen underwriter finalists...
OnPoint Underwriting To Acquire Commercial Insurance Services
Dec 17 2008 // Atlanta-based OnPoint Underwriting has acquired the assets of Commercial Insurance Services, based in Greenwood Village, Colo. Terms of the transaction were not disclosed. Commercial Insurance Services is led by Bob...
Industry Profits Dove Massively through First Nine Months of 2008
Dec 16 2008 // After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion — a 91.8 percent decline from the $50 billion in profits earned the same period a year ago,...
Best Affirms Amlin and Lloyd’s Syndicate 2001 Ratings
Dec 3 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Amlin Bermuda Limited (ABL) with a stable outlook. Best also affirmed...
Burns & Wilcox Announces Promotions in Michigan Office
Dec 3 2008 // Burns & Wilcox announces that it has promoted two individuals at its Farmington Hills, Mich. office. Laura Colbert was named director of sales and marketing. She is responsible for developing initiatives that will...
Bryk, McGee, and Hodges Join Dallas-Based MarketScout
Dec 3 2008 // Dallas-based MarketScout has added three new associates to its Workers’ Compensation and Texas Specialty Underwriting Division. Rachael Bryk joins MarketScout as underwriter after seven years of specialty...
Catlin Strengthens Product Recall Teams in Sydney, London
Dec 3 2008 // The Bermuda-based Catlin Group Limited announced that it has “significantly strengthened its leadership position in crisis management underwriting with the addition of two experienced product recall insurance...
Burns & Wilcox Adds Derigiotis as Professional Lines Underwriter
Dec 1 2008 // Burns & Wilcox recently added David Derigiotis as a professional lines underwriter in its Special Risk Division (SRD). SRD is the company’s internal brokerage division located in Farmington Hills,...