Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Peaple – Southeast
Jan 9 2017 // Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak will serve in 2017 as president-elect of the National Association of Insurance Commissioners (NAIC), the nation’s insurance...
H.W. Kaufman’s Cranbrook Underwriters Relocates London Office
Jan 5 2017 // Cranbrook Underwriters, an H.W. Kaufman Financial Group company, announced the relocation of its London offices to One Minster Court, Mincing Lane, London EC3R 7AE, U.K., in the heart of London’s financial...
Collinson Group Names Munich Re’s Basu as Chief Underwriting Officer
Jan 5 2017 // Collinson Group, the London-based provider of insurance and assistance solutions, has appointed Saugata Basu as chief underwriting officer. In his role, Basu will partner with the group’s capacity providers to...
New Jersey Based AXON Underwriting Services Hires McMillan
Jan 4 2017 // AXON Underwriting Services LLC, a program administrator and service provider based in Somerville, N.J., has hired David McMillan as an underwriting manager. He joins the firm in order to further develop its growing...
Velocity Risk Underwriters Expands Coverage to Coastal Homeowners in Florida
Jan 4 2017 // Velocity Risk Underwriters has expanded its Florida home insurance products and is now writing coastal homeowners policies statewide. Velocity offers an A.M. Best “A” rated coastal homeowners program through...
New York Issues First-in-Nation Regulation on Commercial Crime Insurance
Jan 3 2017 // New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people...
How Agents Feel About Their Compensation from Carriers… and Other Matters
Dec 30 2016 // On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the...
Markel International Names Brown & Larson to Equine & Livestock Team
Dec 29 2016 // Markel International, the London-based specialist insurer, has appointed Lynette Brown as underwriter in its livestock team and Emilie Larson as underwriting assistant for the equine team. Brown has over 10 years’...
Risk Strategies Acquires Advanced Insurance Underwriters in Florida
Dec 27 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, Fla. Terms of...
South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops
Dec 22 2016 // No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory...
Midwest Regulation Report Card: States’ Grades Range from A to D
Dec 22 2016 // Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a...
New York Regulates Crime Insurance Underwriting of Firms Hiring Ex-Convicts
Dec 21 2016 // New York Governor Andrew Cuomo on Wednesday issued a regulation making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related losses caused by...
Hamilton Underwriting Appoints Novae’s Holland as Claims Director
Dec 21 2016 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A...
Dwight Teter Joins The Guarantee USA as Vice-President and Chief Underwriting Officer
Dec 16 2016 // Dwight Teter Southfield, MI, December 16, 2016 – Stephen Ruschak, President and Chief Operating Officer, The Guarantee Company of North America USA (The Guarantee USA), is pleased to announce that Dwight Teter has been...
52 Million Americans Under Age 65 Have Pre-Existing Health Conditions: Kaiser
Dec 15 2016 // A new Kaiser Family Foundation study finds that 52 million adults under 65 – or 27 percent of that population — have pre-existing health conditions that would likely make them uninsurable if they applied for individual...
Schoerner Joins Southern Insurance Underwriters in Georgia
Dec 13 2016 // Southern Insurance Underwriters, Inc. (SIU) announced that John M. Schoerner has joined the company as the Professional Lines Practice manager and will lead the company expansion of errors & omissions, architects &...
XL Catlin Names Gale & Littlemore to Lead Bermuda, London Reinsurance Units
Dec 9 2016 // XL Catlin’s reinsurance operations has announced two key leadership appointments for Bermuda and London, both effective January 2017. Jonathan (Jon) Gale, currently chief executive London Reinsurance, will take over...
ArgoGlobal Taps Endurance’s Thompson as Hull Class Underwriter
Dec 9 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has announced the appointment of Michael Thompson as hull class underwriter. He takes up the role with immediate effect and will report to Steve...
Maine-Based MEMIC Promotes Abboud and Fongemie
Dec 8 2016 // The MEMIC Group, a Portland, Maine, headquartered workers’ compensation specialist, has promoted Chris Abboud to senior underwriter and has also promoted Eileen Moran Fongemie to vice president of finance and...
State Auto Western Region Adds McCarty as Underwriting Manager in Texas
Dec 7 2016 // State Auto’s Western Region has added Bob McCarty as underwriting manager for the Central/Southern Texas area. He is based in Austin. McCarty has 30 years of insurance and management experience. He began his career...
