Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Shults to Lead The Hartford’s Middle Market Central Division Sales, Underwriting
Jun 6 2016 // The Hartford has appointed Mark Shults as division executive for Middle Market sales and underwriting operations in The Hartford’s Central Division. He is based in Frisco, Texas. The Central Division encompasses...
Allied World Names Enright, Anderson to North America M&A Underwriting Team
Jun 6 2016 // Specialty insurance provider Allied World Assurance Co. Holdings has named Terry Enright and Ryan Anderson to its North American Mergers and Acquisitions (M&A) underwriting team. Allied World’s North American...
P/C Commercial Insurance Business Expected to Deteriorate
Jun 6 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
Texas Health Underwriters Awarded Blue Ribbon of Excellence
Jun 3 2016 // The Texas Association of Health Underwriters has been recognized with the Blue Ribbon of Excellence Award from the National Association of Health Underwriters. Texas was recognized for this award as part of NAHU’s...
Markel Hires Chubb’s Senior Underwriter Lee in New York
Jun 2 2016 // Markel Corporation has hired Howard Lee as senior underwriter in its trade credit and political risk business in the U.S. Lee will be responsible for business development, strategic planning, expanding broker relationships...
Service Lloyds Names Richardson Business Development Manager, Underwriting
Jun 2 2016 // Texas-based workers’ compensation insurer, Service Lloyds Insurance Co., has added Todd Richardson as the business development manager in its Underwriting unit. He is responsible for the overall leadership of the...
Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia
May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new branch based in Hong Kong,...
Towergate Launches Specialty London Markets U/W Division; 2 DUAL Execs Hired
May 27 2016 // Towergate Underwriting has formed a Specialty London Markets underwriting division, by hiring two market leading talents in this important and undeveloped specialist opportunity for the group. John Murphy and Glenn...
Liberty International Underwriters Launches Auto Parts Recall Policy
May 25 2016 // Liberty International Underwriters, part of Liberty Mutual Insurance, has launched an Automotive Components Product Recall Policy designed to cover first and third party recall expenses. The policy coverage encompasses...
Allianz Expands Entertainment Division to NYC With New Hires
May 23 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City. Allianz Group said...
Rio Olympics Will Proceed – Despite Zika Epidemic: Munich Re Underwriter
May 23 2016 // Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games to be postponed or...
Tough Times for Commercial Auto Insurance: Fitch
May 23 2016 // While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole reported an underwriting loss for the fifth consecutive year in 2015. In...
What to Know About Travelers’ CGL Cyber Ruling
May 23 2016 // Experts are cautioning insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Buyers would be mistaken to...
Drones: An Emerging Market Quickly Taking Flight
May 23 2016 // So what is all the buzz about? Lately it is about unmanned aerial vehicles (UAV) or drones, which are emerging as a valuable component in a vast array of American businesses and markets. While UAVs are generally associated...
ThinkRisk Transfers Converging Risk Program to Lloyd’s, Expands Offerings
May 20 2016 // Ryan Specialty Group’s (RSG) ThinkRisk Underwriting Agency has entered into a new underwriting partnership for its Converging Risk program with Lloyd’s of London. ThinkRisk will transition its existing...
StarStone, Subsidiary of Enstar, Creates Australian Underwriting Hub
May 20 2016 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced the creation of an underwriting capability in Australia. The new hub will operate alongside Enstar’s existing Australian...
Ascinsure Hires White as Underwriting Manager in Pittsburgh
May 20 2016 // Ascinsure Specialty Risk has hired David White as underwriting manager and assistant vice president. He is based in Pittsburgh. Within this role, White will manage and oversee underwriting of all new and renewal business....
Fitch Expecting P/C Commercial Insurance Business to Deteriorate
May 19 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
Ultra Risk Advisors Hires Lexington Underwriter Reardon in Boston
May 18 2016 // Mathew Reardon Ultra Risk Advisors has hired Mathew Reardon as sales executive for the Northeastern territory. He is based in Boston. Reardon brings more than five years of healthcare professional liability insurance...
A.M. Best Upgrades Ratings of Republic Underwriters Insurance, Affiliates
May 17 2016 // A.M. Besthas removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from...
