All the headlines from our Underwriting Topic Page, ordered by recency.
May 5 2015 // The U.S. property/casualty insurance industry posted its second consecutive year of profitable underwriting results in 2014, according to A.M. Best.Surplus for this sector increased by $21.9 billion and reached another...
May 1 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Georgia Farm Bureau Mutual Insurance Co. and Georgia...
Apr 30 2015 // Portage, Mich.-based managing general agency and surplus lines broker J.M. Wilson has promoted Jennifer Councell to fleet transportation underwriter. Jennifer Councell Specializing in 11-15 power unit accounts, Councell is...
Apr 30 2015 // Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focused on coastal properties and based in Vero Beach, Fla., has named Chuck Fillizola as chief information officer.In this newly...
Apr 23 2015 // The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, announced the following senior promotions.Gregory Jamison has been promoted to senior vice president of underwriting. A 29-year veteran of...
Apr 22 2015 // Amerisure Mutual Insurance Co., based in Farmington Hills, Mich., appointed Mark Gromek regional vice president and promoted Laura A. Irwin to director of Field Marketing & Underwriting (FMU) Service and...
Apr 21 2015 // ACE Group has announced several key executive appointments in its ACE Bermuda business.Rees Fletcher has been named Chairman of ACE Bermuda. He joined ACE Bermuda 26 years ago, rising to the position of Senior Vice...
Apr 16 2015 // Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurance company for niche markets, promoted Laura Boylan to vice president of Human Resources....
Apr 16 2015 // All Risks Ltd. has named Robert Campbell a senior underwriter in California. As a part of the national specialty programs unit, Campbell will be responsible for underwriting large workers’ compensation accounts for...
Apr 15 2015 // Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the...
Apr 15 2015 // A.M. Best downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of National Unity Insurance Co. (National Unity) in San...
Apr 15 2015 // ACE Group today announced the appointment of Glenn O’Halloran as environmental risk underwriter as it continues to invest in building its environmental liability insurance capabilities in the U.K. and...
Apr 15 2015 // Validus Reinsurance, Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. has announced a number of underwriting promotions in its Bermuda office, “strengthening the capabilities and breadth of its global...
Apr 13 2015 // XL Group and Cobalt Underwriting have launched the first Shariah-compliant product to be available through Lloyd’s of London.The cover is an equine product, which responds to named perils, mortality, theft,...
Apr 9 2015 // Willis Group Holdings is urging energy insurers to increase innovation and offer buyers a wider range of new products and services “as underwriters face mounting competitive pressure, record capacity levels and...
Apr 8 2015 // DUAL, the international underwriting agency, announced its global marine and energy business has started underwriting with support from CNA Hardy’s Lloyd’s syndicate.DUAL is the underwriting arm of Hyperion...
Apr 7 2015 // RSG Underwriting Managers (RSGUM) has launched Windward Specialty, a new managing general underwriter. Windward Specialty will underwrite a range of property risks exclusively through wholesale insurance brokers. The new...
Apr 6 2015 // London-based QBE European Operations, which is part of QBE Insurance Group, has appointed Nick Menear as director of underwriting operations, effective April 1. In this new role, Menear is responsible for fostering...
Apr 6 2015 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2014 global underwriting results for its member (re)insurers, with 19 of 21 member (re)insurers participating in the survey.The ABIR said:...
Apr 2 2015 // Raleigh, North Carolina-based insurance broker BB&T Insurance Holdings Inc. has reached an agreement to significantly increase its partnership interest in AmRisc, a managing general underwriter for commercial property...