Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
A.M. Best: Republic Underwriters Insurance Co. Ratings Under Review
Oct 5 2015 // A.M. Best has placed under review with positive implications the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Dallas-based Republic Underwriters Insurance Co....
Markel International Names Hope as Senior Underwriter, Head of Mgmt. Liability
Oct 5 2015 // Markel International, the specialist insurer, has appointed Antony Hope as senior underwriter and head of the management liability account in its professional and financial risks division (PFR). Reporting to divisional...
XL Innovate, XL Group’s Venture Capital Company, Acquires New Energy Risk
Oct 2 2015 // Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of the shares of New Energy Risk Inc. “New Energy Risk has developed and delivered to the...
XL Catlin Strengthens London Product Recall Underwriting Team
Sep 29 2015 // XL Catlin announced it has strengthened its London-based Product Recall team with the appointment of Natalie Lilley and the transfer of Ian Davidson. Natalie Lilley joins XL Catlin from Canopius where she has held the...
IFG Companies Hires Smith as Underwriting Manager in Connecticut
Sep 28 2015 // IFG Companies has hired Geoffrey J. Smith as underwriting manager of its nationwide Commercial Underwriting Renewal Center in Hartford, Connecticut. While managing the efficiency and effectiveness of the Commercial...
Planning the Special Event Insurance for Pope’s Philadelphia Visit
Sep 25 2015 // Pope Francis’ two-day visit to Philadelphia this weekend, which will close the Holy Father’s six-day apostolic journey to the U.S., has a special event policy in place with W.R. Berkley Corp. and OneBeacon...
Scottsdale Names Nelson to Lead Contract Underwriting
Sep 24 2015 // Surplus lines carrier Scottsdale Insurance Co. has named David Nelson as the leader of contract underwriting. David Nelson Nelson has been with Scottsdale Insurance since 1991. His most recent position was CFO for the...
Barrett Appointed Chief Financial Officer of Hamilton Underwriting Limited
Sep 24 2015 // Hamilton Underwriting Limited, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Simon Barrett has been appointed to the position of chief...
Texas AG: Residential Underwriting Guidelines Not Confidential
Sep 15 2015 // The Office of the Attorney General of Texas (OAG) has issued an open records ruling indicating that residential property underwriting guidelines are not made confidential by Insurance Code, Section 38.002, the Texas...
Sequant Re Names Baillargeon as Chief Underwriting Officer
Sep 14 2015 // Bermuda-based Sequant Re appointed Victor Baillargeon as chief underwriting officer. With over 35 years of underwriting experience, Baillargeon will lead the development of Sequant Re’s underwriting strategies that...
Castel Underwriting Agencies Appoints Powell as 1st Claims Manager
Sep 8 2015 // Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager....
BHSI Enters Australia Construction Insurance Market; Appoints Team Execs
Sep 8 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its...
Underwriters Sue Over Hole-in-One Jackpot in West Virginia
Sep 7 2015 // Insurance underwriters claim they shouldn’t have to reimburse a charity for payouts to golf fans for two holes-in-one made during the PGA Tour’s Greenbrier Classic in White Sulphur Springs, W.Va., because the...
What to Know About Insurance Company Financial Status
Sep 7 2015 // I recently listened to an insurance company executive give a discombobulated, “woe is me” speech to a room of agents who were largely ignorant of carriers’ financial success. To summarize his...
Repeating Mistakes
Sep 7 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new poll of Lloyd’s reinsurance...
10 Drivers of Surplus Lines Growth
Sep 7 2015 // Times are good for surplus lines professionals. The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M....
U.S. Risk and Strategic Program Managers Announce a New Affiliation
Sep 3 2015 // Dallas, TX, September 3 2015- U.S. Risk Insurance Group, Inc. (www.usrisk.com), the sixth largest managing general agency and surplus lines wholesaler in the nation, announced they have entered into an agreement involving...
ACE Promotes 6 in International Energy Team
Sep 2 2015 // ACE Group announced six appointments to its ACE Global Markets (AGM) and ACE Overseas General (AOG) energy teams. All appointments are based in London and are effective immediately. Matthew Hardy has been appointed product...
Lloyd’s Casualty Reinsurance Underwriters Concerned History Repeating Itself
Sep 1 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of Lloyd’s...
Carvey Appointed Head of Treaty at Hamilton at Lloyd’s
Aug 31 2015 // Hamilton Underwriting Limited, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has hired Trevor Carvey as head of treaty. Carvey will report to Dermot O’Donohoe, chief...
