Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

Capstone Underwriters’ Bellet Honored by French Government

Oct 27 2014 // Alain A. Bellet, owner and president of Capstone Underwriters LLC, in Dallas, Texas, has been awarded the Medal of Chevalier of the Legion of Honor, the highest decoration given by the government of France.The order of the...

Monarch Names Neville Senior Underwriter in California

Oct 24 2014 // Monarch E&S has named Deb Neville a senior commercial lines underwriter in its San Diego, Calif. branch office. Neville has extensive commercial lines experience and has been working in the excess and surplus lines...

ACE’s Greenberg Says TRIA Inaction ‘Shameful’; Defends Ebola Underwriting

Oct 22 2014 // The failure of Congress to renew federal terrorism reinsurance legislation is “shameful” because both political parties know it needs to be done and their differences are minor, an insurance executive said...

MEMIC Hires Comer as Senior Production Underwriter in Virginia

Oct 22 2014 // Roger Comer Workers’ compensation insurer The MEMIC Group has hired Roger Comer as senior production underwriter to serve its agents in Northern Virginia and Maryland. Comer is based in The MEMIC Group’s Tysons...

Travelers’ Profit Up 6% for Q3 on Investment Income, Lower Cat Losses

Oct 21 2014 // The Travelers Companies Inc. today reported net income of $919 million for the quarter ended Sept. 30, 2014, up more than six percent compared to net income of $864 million in the prior year quarter.Operating income in the...

Hardy Promotes Wright in Asia; Hires Bond and Osorio in London

Oct 21 2014 // Hardy Underwriting Asia Pte Ltd (Hardy Asia), a subsidiary of CNA Financial Corporation, has promoted Chris Wright as director and principal officer for Hardy Asia. (Hardy is a specialist underwriting business operating...

XL Adds 3 Underwriters to Cyber & Technology Risk Unit in New York

Oct 20 2014 // XL Group’s Cyber and Technology business unit has added three underwriters, Sean Donahue, Elissa Doroff and Richard Schulz, to its New York-based team. Donahue joins XL Group from Dewitt Stern Group where he most...

P/C Insurers’ Net Income Rose in First-Half of 2014

Oct 20 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...

Pioneer Underwriters Launches Pioneer Special Risk of N.Y.

Oct 16 2014 // Pioneer Underwriters has launched a new division called Pioneer Special Risk of New York and hired Gary Dubois as division president.Based in New York, Dubois is joined by Steve Sitterly, chief operating officer, and Scott...

Venture Insurance Promotes Zamadics to Underwriting Manager in Penn.

Oct 14 2014 // Venture Insurance Programs, a program administrator in West Chester, Pennsylvania, promoted Anne Marie Zamadics to underwriting manager for its Preferred Club program for golf and country clubs and Suitelife program for...

Burns & Wilcox Names Three to Its Los Angeles Office

Oct 8 2014 // Burns & Wilcox added Kathy Quick, Taylor Armitage and Amy Holt to its growing Los Angeles, Calif. office.Quick was named senior underwriter in personal insurance. Quick is responsible for driving increased coverage for...

P/C Insurers’ Net Income Rose, Operating Income Fell in First Half

Oct 6 2014 // U.S. property/casualty insurers’ net income rose $1.6 billion to $26.0 billion in first-half of 2014 while pretax operating income fell $1.9 billion to $23.9 billion in first-half 2014, a decrease driven by lower...

NSM Insurance Group Acquires Texas-Based Specialty Aviation Underwriters

Oct 2 2014 // NSM Insurance Group announced the acquisition of Specialty Aviation Underwriters (SAU), located in Addison, Texas.Founded over 20 years ago, SAU specializes in aviation products. NSM Insurance Group underwrites more than...

Northeast National Brokerage Offers Underwriting Facility for Petro Industry

Oct 1 2014 // Wholesale broker Northeast National Brokerage LLC has launched an underwriting facility, registered at Lloyd’s, that specializes in excess liability for the petroleum distribution industry. Available across the...

Complex Energy Industry Requires ‘Power’ Underwriters

Sep 25 2014 // The energy industry is not a risk for every underwriter; it requires considerable underwriting expertise due to its complexity and rapid growth.“Power is one of the fastest growing segments in the U.S,”...

Gorst & Compass Names Bacarti Senior Personal Lines Underwriter

Sep 22 2014 // Gorst & Compass Insurance has named Donna Bacarti its senior personal lines underwriter.Bacarti will manage the newly opened San Diego, Calif. branch. Bacarti has extensive personal lines experience and has been...

Insuring Products of the Mind

Sep 22 2014 // The rapid growth in patent infringement litigation in 2013 – almost 6,500 cases, or an increase of 25 percent over 2012, according to PricewaterhouseCoopers – might appear to be a strong motivator for at-risk...

Beckman Joins Berkley Fire and Marine Underwriters in Ohio

Sep 16 2014 // Chicago, Ill.-based Berkley Fire and Marine Underwriters hired Chris Beckman as operations and risk management director. He is based in Cincinnati, Ohio. Beckman will be responsible for underwriter support in systems, risk...

Atlas General Insurance Services, LLC, Announces Expansion of Republic Underwriters to Nine Additional States

Sep 16 2014 // San Diego, Calif. (Sept. 16, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the expansion of its workers compensation presence throughout the United...

XL Launches Regional E&S Insurance Operation with Ex-Scottsdale Underwriters

Sep 15 2014 // XL Group has launched a regional underwriting operation in Scottsdale, Ariz. to offer brokers and clients in the Western U.S. more direct access to its excess and surplus insurance coveragesThe experienced underwriting...