All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 7 2023 // Connecticut lawmakers are considering imposing a surcharge on insurers’ premiums from the fossil fuel industry.The proposal (SB-1115) calls for a tax of 5% of any premiums any insurer licensed in the state receives...
Mar 6 2023 // Now accepting accounts that generate $100K-$30M in annual revenue.Charlotte, NC., March 6, 2023 — Amwins Program Underwriters (APU), an operating company within the Amwins Underwriting division, offers a dedicated...
Mar 1 2023 // Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss in its 100-year history for 2022. On Monday, the news became official with a huge number...
Feb 27 2023 // This edition of International People Moves details appointments at Optio Group, Everest Re, and the MGA Pen Underwriting.A summary of these new hires follows here. Robinson Named CEO of Optio GroupOptio Group, the...
Feb 27 2023 // Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating results from the...
Feb 23 2023 // This post is part of a series sponsored by Insurance Quantified.Across the insurance landscape, commercial P&C firms are facing a host of challenges when it comes to underwriting talent. Rapid shifts in the makeup of...
Feb 22 2023 // This edition of International People Moves details appointments at Swiss Re, MS Reinsurance, and Aon.A summary of these new hires follows here. Swiss Re Promotes Ningen to CEO, US P&C ReMonica Ningen has been named CEO...
Feb 21 2023 // Brookfield Underwriting, the specialist Stockholm-based high net worth managing general agent, announced it has been acquired by Säkra, one of Sweden’s largest insurance intermediaries, which itself has just been...
Feb 16 2023 // This edition of International People Moves details appointments at the UK-based MGA Rokstone and RSA Insurance.A summary of these new hires follows here. MGA Rokstone Names Heaton as Head of D&ORokstone, the...
Feb 16 2023 // Fourth quarter 2022 net income attributable to American International Group common shareholders fell to $264 million from about $3.7 billion the year prior, but the insurer’s general insurance business ended the year...
Feb 10 2023 // Liberty Mutual Names Korte to New Underwriting Leadership PositionLiberty Mutual Insurance has appointed Dieter Korte as Global Risk Solutions North America chief underwriting officer, middle market. Korte has more than 30...
Feb 9 2023 // Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA.Financial...
Jan 19 2023 // San Francisco-based wholesale insurance brokerage Socius Insurance Services, Inc. has acquired the assets of Kelly Underwriting Services, a Farmingdale, New York based managing general underwriter.Led by Tom Nash, Kelly...
Jan 12 2023 // Bermuda-based Mosaic Insurance has opened an office in Dubai, United Arab Emirates, as a strategic regional platform to access risks from across the Middle East, Africa, and South Asia (MEASA) market.Three specialist...
Jan 6 2023 // NFP Names Canning SVPNFP has named Andrew Canning senior vice president and head of project risk advisory for the company’s growing North America construction and infrastructure group. The group, part of NFP’s...
Dec 19 2022 // Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which will complement its existing team of specialists in Manchester, England.As part of...
Dec 15 2022 // Phil Hobbs, president and managing director of Liberty Special Markets (LSM), has been elected as the new chair of the International Underwriting Association (IUA). He replaces Rob Kuchinski, head of Commercial Insurance...
Dec 14 2022 // As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are moving to enforce...
Dec 12 2022 // Ryan Specialty signed a definitive agreement to acquire certain assets of Griffin Underwriting Services in Bellevue, Washington.The acquisition is expected to close in January 2023. Griffin Underwriting is a binding...
Dec 6 2022 // Apparently nothing has changed within the last several months to change AM Best’s negative outlook on the U.S. personal lines insurance segment.Tuesday the insurance industry rating agency said it was maintaining its...