Applied Underwriters News

Applied Underwriters Debuts Entertainment & Sports Division

Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company that will consolidate existing business and add substantial new business in an innovative and aggressively postured entertainment and sports unit …

Applied Underwriters Bumps All Staff Salaries 10% to ‘Keep Up With Inflation’

Applied Underwriters on July 11 said it increased staff salaries across the board by 10% to keep up with inflation and its implications. The dramatic adjustment, far outpacing industry averages, came as predictions of inflation made by the company’s lead …

Federal Appeals Court Rules Against Applied in California Department of Insurance Case

The U.S. Court of Appeals for the Ninth Circuit has affirmed a district court’s dismissal of federal actions in a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance. This is the latest …

New Jersey Court Upholds State Regulator in Dispute With Applied Underwriters

The New Jersey insurance commissioner does not have to rely upon the state’s attorney general to bring a lawsuit against out-of-state insurers and their affiliates that it believes are violating state laws. Rather, the insurance department can bring an administrative …

Applied Underwriters New Omaha, Nebraska Headquarters Tops Out

Applied Underwriters’ mixed-use, 500-acre development on land formerly part of Boys Town in Omaha, Nebraska reached a milestone in its construction Tuesday as the company’s own operational headquarters on the site was topped out. Topping out refers to when the …

People Moves: Argo’s Betz Leads New Applied Surety Team; Hartford’s Cushing Joins Zurich Construction; Hub Names Frattarola HNW Leader; Cline Succeeds Berg at ACT

Betz to Lead New Applied Surety Operation Applied Underwriters continues its specialty lines expansion with the launching of Applied Surety Underwriters. Based in Houston, this new division will focus on large, commercial and contract surety business worldwide. Joshua Betz, the …

People Moves: Applied Financial Lines Adds 3; Sandbox Ventures Welcomes Chamness

Applied Financial Lines Names Noble, Owen and Dau Nebraska-headquartered specialty insurer Applied Underwriters has expanded its Applied Financial Lines unit with several key appointments. Kim Noble has been named vice president, Applied Financial Lines. Prior to joining Applied Financial Lines, …

Applied Underwriters to Buy Catlin Specialty From AXA XL

Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move intended to bolster Applied’s operating capabilities …

QBE Alleges Poaching of Aviation Team; Applied Underwriters Denies Wrongdoing

Insurer QBE has filed a lawsuit alleging a poaching scheme by a number of its former aviation division employees and specialty insurer Applied Underwriters. QBE’s complaint involves the resignation of a total of 13 employees in Atlanta, New York and …

Applied Sets Acquisition Completion of Alaska Timber Insurance Exchange

Applied Underwriters anticipates completing the acquisition of Alaska Timber Insurance Exchange as soon as the fourth quarter of 2021 as ATIE concludes its conversion from a reciprocal to a stock insurance company having received regulatory approval this past week. An …