All the headlines from our Underwriting Topic Page, ordered by recency.
Dec 2 2014 // The Managing General Agents’ Association (MGAA), the UK-based organization dedicated to representing true MGAs, has exceeded the 100 member mark following the addition of commercial lines specialist Century...
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Dec 1 2014 // The program insurance business market enjoyed its third consecutive year of growth in 2013 and appears on track to continue its expansion.However, while program business is attracting new interest, some participants are...
Nov 24 2014 // RenaissanceRe Holdings Ltd. and Platinum Underwriters Holdings Ltd. announced that the companies have entered into a definitive merger agreement under which RenaissanceRe will acquire Platinum.Under the terms of the...
Nov 21 2014 // Every state extends insurance carriers the right to cancel a newly-written policy during the first days of the policy period. This is commonly known as the new policy “underwriting period.”An underwriting...
Nov 21 2014 // China Reinsurance (Group) Corporation has received approval from Lloyd’s to transform its existing special purpose syndicate into a stand-alone syndicate that will underwrite a diversified book of business, initially...
Nov 20 2014 // To address the property insurance needs of industrial and commercials properties in Atlanta and the surrounding region, XL Group has appointed Mike Smith as the new Southeast regional underwriting leader in its North...
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
Nov 18 2014 // Lancer Indemnity Company, a standard lines commercial property/casualty insurance company in Long Beach, New York, has hired Mickey Wind as underwriter. In this position, Wind will focus on new business accounts and...
Nov 18 2014 // Hamilton Insurance Group, the Bermuda-based holding company for property-casualty reinsurer Hamilton Re and insurer Hamilton USA, announced it has entered into a share purchase agreement to acquire Sportscover Underwriting...
Nov 17 2014 // David DeVinney CNA Financial Corporation hired David DeVinney as commercial underwriting officer for its branch offices in Long Island and Westchester, New York, and Hartford, Connecticut. Based in New York, DeVinney will...
Nov 13 2014 // Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the nine-month period ended September 30, 2014, which shows premiums reported...
Nov 11 2014 // Insurance underwriters involved in a legal battle with the Rolling Stones over a $12.7 million claim have won permission to seek evidence in Utah about the mental health of Mick Jagger’s girlfriend before she took...
Nov 11 2014 // Arch Insurance Europe has acquired 100 percent of Resource Underwriting Pacific Pty Ltd (RUPPL), the Melbourne-based MGA. RUPPL will be added to Arch Insurance Europe’s current holdings in Australia. James...
Nov 10 2014 // Allied World Assurance Company Holdings, AG announced that Neil Lightbown will be appointed as Chief Underwriting Officer of Allied World’s Global Markets segment, which will include Asia, Europe, and Latin America,...
Nov 10 2014 // ANV Holdings BV announced it has strengthened its team of underwriters with two new hires in the Professional Lines division of ANV Syndicate 1861. Tracy Ambrose has been hired as Lead Underwriter for Professional...
Nov 6 2014 // CNA Financial Corporation announced several senior appointments to the Energy, Marine and Aviation (EMA) team of London-based Hardy (Underwriting Agencies) Limited, an independent wholly-owned, indirect subsidiary of CNA,...
Nov 6 2014 // KENNESAW, GA, November 6, 2014 — Blue River Underwriters, a division of Breckenridge Insurance Group, has introduced a new United States Longshoreman and Harbor Workers Act (USL&H) and Maritime Employers Liability...
Nov 4 2014 // Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys...
Nov 4 2014 // Insurer American International Group on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations.After-tax operating income jumped 23 percent from...