All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 7 2014 // Shreveport, La.-based Specialty Risk Associates Inc. announced that Cody Faust joined the firm as a commercial lines underwriter. Prior to joining Specialty Risk, Faust worked in marketing and business development for a...
Apr 7 2014 // Columbia Insurance Group (CIG), headquartered in Columbia, Mo., welcomed Scott Mackey to its executive team in the newly created role of vice president of underwriting. Mackey is a seasoned insurance professional with 30...
Apr 7 2014 // There has been much discussion regarding the increasing frequency and intensity of storms around the world. While both underwriters and insurance buyers are concerned with exposure to potential catastrophic losses from...
Apr 3 2014 // Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over the past two years and strong capital levels allowing insurers to withstand considerable...
Apr 2 2014 // Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment...
Apr 2 2014 // Hudson Insurance Group has acquired Motor Transport Underwriters Inc. (MTU), an underwriting, claims and risk management specialist in the long-haul trucking arena with which Hudson does business.The announcement said MTU...
Apr 1 2014 // Charleston, South Carolina’s Johnson & Johnson has acquired Stateside Underwriting Agency Inc. (SUA) in Crystal Lake, Illinois, and Chagrin Falls, Ohio. SUA will continue to operate under the leadership of...
Mar 28 2014 // LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas announced that Kate Innocent has joined the firm as an associate underwriter. Innocent brings over 10 years of insurance experience and...
Mar 24 2014 // Insurance Journal examined industries experiencing changes and expansions in the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Mar 21 2014 // A.M. Best has revised the outlook of the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the ICRs of “aa+”of the...
Mar 20 2014 // The Senate passed a bill that would make it illegal for insurance companies to deny policies or charge higher rates solely based on gun ownership.The bill passed on a 36-3 vote. Supporters have said some insurance...
Mar 14 2014 // Lloyd’s broker, Kinetic Insurance Brokers Limited announced that it has “entered into a multi-million pound underwriting agreement with Gable Insurance AG to underwrite Specialist Commercial Surety Bonds within...
Mar 5 2014 // Even though State Farm’s auto businesses suffered a loss in 2013, the property/casualty companies reported a $230 million underwriting gain, State Farm reported.The $230 million gain of $230 million on earned premium...
Mar 3 2014 // Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the 11th year in a row with...
Feb 26 2014 // Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the “strong remedial measures” implemented to correct unacceptable results are...
Feb 26 2014 // Dallas-based electronic insurance exchange and specialty MGA, MarketScout, has expanded its national fine art and collectibles program with three new hires: Donna Hester, underwriter; Susan Soloman, underwriter; and Cheryl...
Feb 26 2014 // A.M. Best has upgraded the issuer credit rating (ICR) to “a-” from “bbb+” and the debt ratings of American Financial Group, Inc. (AFG). Best has also upgraded the financial strength rating (FSR) to...
Feb 24 2014 // In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not be launching as...
Feb 24 2014 // Laurie Infantino has been named education director of Insurance Journal‘s Academy of Insurance. The insurance education professional will focus on the quality of the instructors and the education content offered by...
Feb 20 2014 // Meadowbrook Insurance Group Inc., based in Southfield, Mich., appointed Roger S. Walleck, as chief underwriting officer.Walleck will oversee all underwriting activities for Meadowbrook and the company’s insurance...