Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Brethren Mutual Hires Foltz as Personal Lines Underwriting Manager in Maryland
Dec 22 2015 // Kimberly Foltz The Brethren Mutual Insurance Company in Hagerstown, Maryland, has hired Kimberly Foltz as Personal Lines underwriting manager. Foltz brings 26 years of insurance experience in property/casualty marketing...
Ratings of Cincinnati Specialty Underwriters Insurance Co. Upgraded
Dec 22 2015 // A.M. Besthasupgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit rating (ICR) to “aa-” from “a” of The Cincinnati Specialty Underwriters Insurance...
Marketform M&A Underwriter O’Reilly Moves to London as Sector Expands
Dec 21 2015 // Specialist Lloyd’s underwriter Marketform announced that M&A underwriter Astrid O’Reilly is relocating from Singapore to London as the company looks to strengthen the M&A product offering within the...
J.M. Wilson Hires Stum as Transportation Underwriter
Dec 18 2015 // J.M. Wilson has added Danyelle Stum as transportation underwriter in its Carmel, Ind., office. Stum will quote new and renewal transportation accounts, and serve independent insurance agents in Indiana. Prior to joining...
Hiscox Appoints Golder to Head Marine Cargo Business Re-Entry
Dec 17 2015 // Hiscox London Market has appointed Richard Golder as Marine Cargo Line Underwriter, marking the insurer’s re-entry into the marine cargo business. Golder will be supported by Jack Bryan who takes on the role of...
Specialty MGA Nexus Underwriting Acquires Millstream
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...
J.M. Wilson Adds Montgomery as Asst. Underwriter in Missouri
Dec 17 2015 // J.M. Wilson has hired Ashley Montgomery as assistant underwriter in its Kansas City, Mo., office. Montgomery assists the property/casualty and transportation underwriting departments with setting up and binding policies...
J.M. Wilson Adds Henderson-Paul as Asst. Underwriter in Illinois
Dec 15 2015 // J.M. Wilson has hired Cassie Henderson-Paul as assistant property/casualty underwriter in its Arlington Heights, Ill., office. Henderson-Paul assists the property casualty underwriting department with setting up and...
Hiscox Names Holberry to Head Alternative Distribution Operations
Dec 15 2015 // Adam Holberry has been appointed as Hiscox London Market’s new head of Alternative Distribution as the business looks to work with brokers and underwriting partners to develop new and additional areas of insurance...
7 Simple Underwriting Questions Nobody Asks
Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...
Brown Named Marketform’s M&A Insurance Global Practice Leader
Dec 14 2015 // Specialist Lloyd’s underwriter Marketform announced the appointment of Robert Brown as the Global Practice Leader of its Mergers & Acquisitions (M&A) Insurance operations. He joins to lead the team of...
U.S. Risk Announces Acquisition of Matias Underwriters, LLC.
Dec 10 2015 // Names Glenn Matias National Practice Leader and Vice President for the Workers Compensation Divisions of U.S. Risk Underwriters, Inc. Dallas, TX, December 10, 2015- U.S. Risk Insurance Group, Inc., the nations’ sixth...
Florida’s Normandy Insurance Hires Primato as Senior Field Underwriter
Dec 10 2015 // Normandy Insurance has hired Frank Primato has been hired as senior field underwriter. In his new position, Primato will develop and service the agency distribution network in Central Florida. Primato has more than 14...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
Rockhill Insurance Realigns Underwriting Management Team
Dec 8 2015 // Rockhill Insurance Group, based in Kansas City, Mo., announced it has realigned its organizational underwriting structure to better serve wholesale brokers. Chief Operating OfficerDoug Goodenow presides over three main...
Red Shield Names Tufts Underwriting Department Manager in Oregon
Dec 8 2015 // Red Shield Insurance Co. has named Kevin Tufts an underwriting department manager in Portland, Ore. Tufts has 21 years of experience in commercial lines underwriting. He started his insurance career as a workers’...
Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch
Dec 8 2015 // U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors...
Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims
Dec 8 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
Growth in Cyber Insurance Sustainable if Underwriting, Pricing Are Right
Dec 7 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
Insurance Company Profitability
Dec 7 2015 // The past 10 years has been incredibly profitable for insurance companies. Net income for the industry – that is net, not pretax – has equaled $448 billion; that’s almost half a trillion dollars. It is not chump...
