Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Brady Named Texas Personal Lines Underwriting Manager at Burns & Wilcox
May 23 2007 // Burns & Wilcox reported that Matthew Brady has joined the company as personal lines underwriting manager with responsibility for both its Dallas/Fort Worth and Houston offices. Brady will be based at Burns &...
Bryant Joins NAS as Underwriter
May 22 2007 // Anita Bryant has joined Encino, Calif.-based NAS Insurance Services as an underwriter, responsible for network security, miscellaneous errors and omissions and managed care insurance. Bryant has prior underwriting...
Randio Joins U.S. Risk in Texas as Senior Underwriter
May 22 2007 // Wholesale broker and managing general agent U.S. Risk Insurance Group announced that Tonya Randio has joined the company as a senior underwriter in the Healthcare Division of its U.S. Risk Underwriters subsidiary. She will...
Shaw Names Redhead Chief Underwriting Officer
May 22 2007 // The D. E. Shaw group announced that Darren Redhead will be joining as the chief underwriting officer of D. E. Shaw Re (Bermuda), Ltd., its recently formed Bermuda-based Class 3 reinsurance company, which focuses on the P/C...
Insider trading plans: A new D&O underwriting concern?
May 21 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
Tough products don’t need to be an underwriting challenge
May 21 2007 // Skis, ladders, pacemakers and nutra-ceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan and David Rosenburg,...
Where have all the underwriters gone?
May 21 2007 // The commercial insurance industry is not what it was 20 years ago. Clients present deeper risks and greater needs for cost control, and large brokerage houses and carriers are being challenged to respond. But the challenge...
Insider trading plans: A new D&O underwriting concern?
May 21 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
2007 Property/Casualty State Specialist Insurers
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,963 2 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,641 4 SAIF Corp. OR 449,794 5 Universal Property & Casualty...
Where have all the underwriters gone?
May 21 2007 // The commercial insurance industry is not what it was 20 years ago. Clients present deeper risks and greater needs for cost control, and large brokerage houses and carriers are being challenged to respond. But the challenge...
Inventory, recovery issues complicate art, heavy equipment underwriting
May 21 2007 // When high dollar art items are stolen from museums, or when internal theft of cultural property occurs, insurers must deal with specific and challenging obstacles characteristic to the relatively rare but historically...
Where have all the underwriters gone?
May 21 2007 // The commercial insurance industry is not what it was 20 years ago. Clients present deeper risks and greater needs for cost control, and large brokerage houses and carriers are being challenged to respond. But the challenge...
Tough products don’t need to be an underwriting challenge
May 21 2007 // To view the “How to Write Insuring Tough Products Liability Accounts” seminar or any of the seminars in the “How to Write” Series, visit: www.insurancejournal.com/seminars for a link to free...
People
May 21 2007 // McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office. Van Stavern brings experience in the health care industry, where he held positions...
Best Downgrades Merchants NH; Rates American European ‘B+’
May 18 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to “B+” (Good) from “A-” (Excellent) and issuer credit rating (ICR) to “bbb-” from “a-” of Merchants...
Appalachian Underwriters Buys Florida Brokerage Business
May 16 2007 // Nationwide managing general agency Appalachian Underwriters, Inc. of Oak Ridge, Tenn., has completed the purchase of the renewal rights to the brokerage business of Creative Insurance Underwriters in Florida. “It was...
Mendez Joins PWIB Texas as Sr. Broker/Underwriter
May 15 2007 // Dallas-based PWIB Texas announced that Holly Mendez has joined the firm as senior broker/underwriter. Mendez formerly was associated with other leading insurance wholesalers, having served in the industry in brokerage and...
AmWINS to Buy American Equity Underwriters
May 15 2007 // Wholesale broker AmWINS Group, Inc. has agreed to acquire American Equity Underwriters, Inc. (AEU), a Mobile, Alabama-based national provider of insurance programs for maritime employers with expertise in United States...
NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp
May 11 2007 // The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings...
