Latest Underwriting Headlines

XL Adds 5 Experts to London Fine Art & Specie Team

Sep 16 2005 // XL London Market Ltd. [XLLM], a unit of Bermuda’s XL Capital Ltd., has announced the appointment of Michael Moss, David Scully, Clare Pardy, Susie Collier and Mark Bosshard to its London-based Fine Art & Specie...

HCC Credit Group Announces New Underwriting Team

Sep 14 2005 // HCC Credit Group (HCC Credit) announced that Brian E. Duffy, Carl R. Nederman and Mark P. Rickert would be joining the company as senior vice presidents from Trade Underwriters Agency (TUA), an underwriting agency they...

Sherman Joins Burns & Wilcox, New Mexico as an Underwriter

Sep 9 2005 // Burns & Wilcox, the nation’s largest independently-owned specialty insurance wholesaler, underwriter and managing general agent, appointed Sandy Sherman as an underwriter for the company’s New Mexico...

Wellington 1st Half Net Up 78% at $105 Million; Katrina Losses $75 Million

Sep 8 2005 // The U.K.-based Wellington Plc, which operates both in the Lloyd’s market and as a general insurer with several U.S. subsidiary companies, posted impressive first half results with net pre-tax profits up 78 percent to...

Mahoney Heads Risk Control at Professional Underwriters

Sep 7 2005 // Dan Mahoney has joined Professional Underwriters of Exton, Pa. as vice president for risk control and will head the risk control department. For 25 years, Mahoney has provided health, safety and industrial hygiene services...

How Retail Agents Can Develop/Improve Relationships with Wholesalers

Sep 5 2005 // The answer is yes. And now for the question. Did you know that if your application is received by a broker/underwriter, and it is not complete, it goes to the bottom of his/her stack of new business? This is no way for us...

People

Sep 5 2005 // AVRECO, a wholesale insurance brokerage based in Chicago, has announced the appointment of Marcia Gloppe as an underwriter in the professional liability underwriting department, headed by Linda Deiss. Gloppe began her...

How Retail Agents Can Develop/Improve Relationships with Wholesalers

Sep 5 2005 // The answer is yes. And now for the question. Did you know that if your application is received by a broker/underwriter, and it is not complete, it goes to the bottom of his/her stack of new business? This is no way for us...

Zodiac Underwriting Guide to Drivers

Sep 5 2005 // Affable Aquarius (21 January – 19 February) Aquarius’ gentle qualities are reflected in an average claims record overall. Aquarian drivers consider themselves sensible, responsible and family-oriented with a...

Sep 5 2005 // Linda Slaughter has been promoted from senior vice president of claims to COO at Concord, Calif.-based Athens Administrators, part of the Jenkins Athens Group. Slaughter joined Athens in its founding days and has been with...

Sep 5 2005 // Barbara Zimmerman has joined IBA West as membership benefits vice president. She will be responsible for the research, development and management of IBA West Service Corporation programs and management of Membership...

Lloyd’s of London Finds its 21st Century Form

Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...

Rogue Executive

Sep 5 2005 // MarketScout Chairman and CEO Richard Kerr recently “lamented” the apparent demise of the rogue underwriter. In his comments accompanying his May 2005 Market Barometer, the industry leader recalled the...

Lloyd’s of London Finds its 21st Century Form

Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...

Editor’s Note: Rogue Executive

Sep 5 2005 // MarketScout Chairman and CEO Richard Kerr recently “lamented” the apparent demise of the rogue underwriter. In his comments accompanying his May 2005 Market Barometer, the industry leader recalled the...

ACE USA Makes Appointments in New York, Philly Offices

Aug 26 2005 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced two appointments in its ACE Casualty Risk Unit. William Hazelton joins ACE USA as senior vice president and underwriting manager...

San Antonio Managing General Agency Announces Grand Opening

Aug 26 2005 // Stone Oak Underwriters, LLC of San Antonio, TX announces they are now accepting submissions from Independent Agents for Public Entities in Texas and Alabama with this new wholesale agency created by Tom Ramsbacher,...

Lighthouse Underwriters Adds Workers’ Comp to ElderCare Program

Aug 22 2005 // Lighthouse Underwriters LLC (www.lighthouseunderwriters.com), a program underwriting company that works with select industry groups, has expanded its ElderCare insurance program with a new workers’ compensation...

Barometer Shows Premiums on the Decline for Contractors Market

Aug 22 2005 // MarketScout began tracking property and casualty pricing trends in 2001 in an effort to share the pricing results of insurance placements related to their 50,000 member agent network. The monthly market trends are...

Claims History Model Act Now in Hands of State Legislators

Aug 22 2005 // NCOIL Model Addresses Use of Claims, Inquiries in Underwriting Homeowners Consumers who initiate a homeowners insurance claim but never receive payment could find that single incident may be used by their insurer to cancel...