Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Davis Promoted to Asst. Personal Lines Underwriter at J.M. Wilson
Sep 19 2019 // Managing general agency and surplus lines broker J.M. Wilson has promoted Liam Davis to assistant personal lines underwriter in its Portage, Michigan, office. Davis is responsible for assisting underwriters on a wide...
Breckenridge Insurance Services Continues to Expand With the Hiring of Aaron Patterson as Vice President, Broker
Sep 18 2019 // Atlanta, GA, September 18, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of Aaron Patterson, vice president, broker. Patterson brings a well-rounded commercial insurance sales and underwriting...
Sentinel Marine Underwriters Hires Chung in New York City, Klein in Baltimore
Sep 16 2019 // Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in...
Today’s E&S Market Is an ‘Overwhelming’ Success
Sep 16 2019 // Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The...
Texas Windstorm Insurer Names Actuarial/Underwriting Committee Members
Sep 12 2019 // The Texas Windstorm Insurance Association has identified appointees to its Actuarial/Underwriting Committee. The committee has historically developed recommendations to the TWIA Board concerning association rate filings,...
Liberty Mutual Appoints Perez as Chief Underwriting Officer, North America
Sep 11 2019 // Liberty Mutual Insurance has appointed David Perez to the post of chief underwriting officer, North America, for its Global Risk Solutions commercial and specialty lines insurer and reinsurer. In this new role, Perez will...
3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures
Sep 10 2019 // Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their...
Fire Sprinkler Contractors Insurance Program Webinar to be Held Tuesday, September 10
Sep 9 2019 // Atlanta, GA, September 9, 2019 — Bob Leonhart and Cricket Thomas, CRIS, both executive vice presidents and program directors at Blue River Underwriters, will host an informative webinar on the Fire Sprinkler Elite...
Transatlantic Underwriters Names Waltenburg President in California
Sep 6 2019 // Transatlantic Underwriters has named Colby Waltenburg president. Waltenburg was previously a vice president. He joined TAU in June and expanded the presence of the company by opening the first West Coast branch, located in...
ArgoGlobal Syndicate 1200 to Exit Asia and Global Hull Underwriting
Sep 4 2019 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced plans to exit Syndicate 1200’s underwriting operations in Asia and most of its hull underwriting business within the syndicate. All existing...
CFC Underwriting Enhances Product Recall Coverages
Sep 4 2019 // CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new extensions include regulatory advisory coverage which addresses the emerging...
AIG’s Su Joins AXA XL as Underwriting Lead for Structured Risk Solutions
Sep 4 2019 // AXA XL, the property/casualty and specialty risk division of AXA, has named Austin Su as U.S. Underwriting Lead of its Structured Risk Solutions (SRS) business. Based in New York, Su joins SRS’ growing global...
First-Half 2019 Records Drop in P/C Insurers’ Underwriting Income; Downgrades Outpace Upgrades: A.M. Best
Sep 2 2019 // The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period, A.M. Best reports. Also, ongoing...
New Empire Underwriters Standalone Workers Comp Offering Targets Staffing Firms
Aug 30 2019 // Empire Underwriters, a national insurance wholesaler, excess and surplus lines facility and program manager has released a standalone workers comp program for staffing companies available nationwide and backed by several...
J.M. Wilson Promotes Mikos to Transportation Underwriter in Illinois
Aug 29 2019 // Managing general agency and surplus lines broker J.M. Wilson has promoted Alex Mikos to transportation underwriter in its Arlington Heights, Illinois, office. Mikos is responsible for underwriting new and renewal...
Top 10 Commercial Auto Insurers: Winners and Losers in Fast-Growing Market
Aug 29 2019 // The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In fact, a decade of...
Chronic Commercial Auto Insurance Underwriting Losses to Continue in 2019: Fitch
Aug 27 2019 // U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive...
P/C Insurers’ First-Half Underwriting Income Drops; Downgrades Outpace Upgrades: A.M. Best
Aug 26 2019 // The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period, A.M. Best reports. Also, ongoing...
Liberty Mutual Names Chief Underwriting Officers for Excess Casualty and Public Entities
Aug 22 2019 // Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance – Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance – Public Entities and...
Liberty Specialty Markets Adds Goodliffe in Chicago as Sr. Underwriting Officer
Aug 21 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed James Goodliffe to the role of senior underwriting officer within its Financial Risk Solutions (FRS) Multi-Buyer Trade Credit practice. He is...
