All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 8 2013 // A.M. Best Co. announced it has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb+” from “a-” of Madison Mutual Insurance Co. (Madison...
Apr 8 2013 // Strickland Insurance Brokers of Goldsboro, North Carolina has acquired the assets of Palmyra, Virginia-based Tower Transportation Underwriters Inc. Tower Underwriters, owned by Fred Black, is a managing general agency in...
Apr 8 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Protective Insurance Company (PIC) and its wholly owned subsidiary,...
Apr 4 2013 // San Diego, CA, 4/4/13 – Atlas General Insurance Services, LLC, is pleased to announce its acquisition of South Bay Underwriters, LLC, from Bliss & Glennon, a leading national managing general agency and surplus lines...
Apr 2 2013 // Scottsdale, Ariz.-based Nautilus Insurance Group named Wendy L. Markham senior vice president and chief underwriting officer. Markham joined Nautilus in 1986. Most recently served as vice president-underwriting general...
Mar 29 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Toronto-based Fairfax Financial Holdings Limited, and has also affirmed the financial...
Mar 28 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Columbia Mutual Insurance Co....
Mar 27 2013 // Amerisure Mutual Insurance Co., a Farmington Hills, Mich.-based provider of property and casualty insurance for more than 100 years, has promoted Ted Wagner to chief underwriting officer.Wagner assumes management...
Mar 25 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual P/C filer’s 2012 statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
Mar 15 2013 // The Reinsurance Association of America (RAA) said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and net income for 2012 compared to 2011.The RAA said Thursday that a survey of...
Mar 14 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
Mar 14 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the property/casualty subsidiaries of The Chubb Corporation, also known...
Mar 13 2013 // W. R. Berkley Corp. has lainched a new underwriting unit, Berkley Fire & Marine Underwriters. Headquartered in Chicago, Berkley Fire & Marine will focus on inland marine and related property risks regionally and...
Mar 7 2013 // USG Insurance Services Inc., a national wholesaler and managing general agent added producers/brokers Joyce Chambers and Angi Van Zanten. Chambers has more than 20 years of experience in insurance. Most recently Chambers...
Mar 7 2013 // DUAL, the underwriting arm of Hyperion Insurance Group, has announced the next phase of its structural strengthening following a strategic review.Shane Doyle, Deputy CEO of DUAL International, will take on the new role of...
Mar 4 2013 // Professional Program Insurance Brokerage named Jennifer Schoenthal underwriting and production. Schoenthal will manage PPIB’s underwriting department in Novato, Calif. Schoenthal will report to Susan Preston,...
Mar 4 2013 // CompWest Insurance Co., a subsidiary of Accident Fund Holdings Inc., named Gene J. Simpson vice president of underwriting and marketing. Simpson recently joined CompWest’s senior management team and is responsible...
Mar 4 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent), but has downgraded the issuer credit rating (ICR) to “a” from “a+” of California-based Fireman’s...
Mar 4 2013 // TransRe, the brand name for Transatlantic Holdings, Inc. and its subsidiaries, announced that Robert Saville has been appointed Sr. VP – Head of Underwriting at the new Singapore office of Transatlantic Reinsurance...
Mar 1 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Transatlantic Reinsurance Company...