Latest Underwriting Headlines

A Soft Market Solution: MGAs and Risk Sharing

May 5 2008 // Part1: Retaining limited underwriting risk could offer MGAs a way to bolster revenue Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables...

Burns & Wilcox Appoints New Senior Underwriter

May 1 2008 // Farmington, Mich.-based Burns & Wilcox recently announced that Kerri Senger has rejoined the company’s St. Louis office as a senior underwriter. Senger will be responsible for contract and brokerage...

Apr 21 2008 // People Michigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Crandell was hired as a transportation underwriter. She will service commercial trucking...

Underwriting Hurt Insurers’ Bottom Lines in 2007

Apr 21 2008 // Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups says. The industry’s...

WKF&C Agency Expands to Texas

Apr 18 2008 // Melville, New York-based managing general agent, WKF&C Agency Inc., announced it is expanding its nationwide casualty underwriting platform with the opening of a new office in Dallas, Texas. Industry veteran and...

Liberty International Underwriters Appoints Seven New Execs

Apr 17 2008 // Liberty International Underwriters (LIU), a part of Liberty Mutual Group, announced the appointments of several new executives in its Atlanta, Houston, Los Angeles, and New York locations. The executives bring insurance...

Lighthouse Underwriters Introduces ElderCare Plus Program

Apr 16 2008 // Lighhouse Underwriters, a subsidiary of U.S. Risk Insurance Group Inc. announced it has enhanced its ElderCare coverage with a new ElderCare Plus program. The ElderCare Plus program provides underwriting for assisted...

XL Forms Global Product Development

Apr 11 2008 // Bermuda-based XL Insurance, the global insurance operations of XL Capital Ltd., has announced the formation of a global Product Development team to further address customers’ risk management needs. “The team...

Report: Underwriting Hurt Insurers’ Bottom Lines in 2007

Apr 11 2008 // Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups says. The industry’s...

RMS Names Manghani VP of Underwriting Solutions

Apr 9 2008 // Raj Manghani has been appointed vice president of underwriting solutions product management at Newark, Calif.-based Risk Management Solutions (RMS). In this role, Manghani will lead RMS’ efforts to help insurers use...

High Net Worth Property Underwriter Moves into Florida Panhandle

Apr 8 2008 // Florida-based Privilege Underwriters Reciprocal Exchange (PURE) plans to expand into the Florida Panhandle, according to Ross Buchmueller, president and chief executive officer, PURE Risk Management LLC . PURE will offer...

Hull & Co. Acquires Big Sky Underwriters

Apr 8 2008 // Hull & Co. Inc. has acquired substantially all of the assets of Missoula, Mont.-based Big Sky Underwriters Inc. “The people of Big Sky are well respected in the Northwest marketplace,” said Bob McGrew,...

Argo Makes Offer for Lloyd’s Heritage; Conference Today; Best Comments

Apr 3 2008 // The Bermuda-based Argo Group International Holdings has made an offer to acquire Heritage Underwriting Agency, Plc, a successful Lloyd’s insurer. The transaction is subject to “relevant legal and regulatory...

Monarch E&S Hires Commercial Underwriter, Names Head of Fresno Office

Apr 3 2008 // California-based Monarch E&S Insurance Services announced the return of Dina Dryden as a senior commercial underwriter for the Property & Casualty Department. She will work from the San Diego office and will be...

Burns & Wilcox Appoints Rose as Commercial Underwriting Manager

Apr 3 2008 // Burns & Wilcox announces that Hariett Rose has rejoined the company as a commercial underwriting manager at its Cleveland, Ohio office. Rose first started at Burns & Wilcox in 1997 as a senior underwriter. Most...

RMS Unveils Fire Risk Probablity Model

Mar 28 2008 // Newark, Calif.-based Risk Management Solutions has launched a probabilistic model to help account underwriters quantify and manage exposure to fire risk. Aimed at primary commercial and specialty insurers and reinsurers,...

NAS Insurance Services Appoints Casas as Underwriter

Mar 26 2008 // Encino, Calif.-based NAS Insurance Services has appointed Sandra Casas as underwriter and facility manager for its technology products. Casas brings a broad underwriting experience in technology errors and omissions, cyber...

People

Mar 24 2008 // Kenneth A. Bowles as been named the 2008 PIA National Professional Agent of the Year by the National Association of Professional Insurance Agents. Bowles was honored for his work on behalf of professional insurance agents,...

Burns & Wilcox Names Underwriter in Salt Lake City

Mar 24 2008 // Burns & Wilcox announced that Michael Bain has joined the company’s Salt Lake City office as a commercial underwriter. Bains brings seven years of industry experience. Most recently, he worked at Colonial...

People

Mar 24 2008 // McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin. Balagia has 30 years of experience as a property and casualty broker/consultant and...