All the headlines from our Underwriting Topic Page, ordered by recency.
Nov 2 2012 // Griffin Underwriting Services named Merry Palmer a program broker. In this new position, Palmer will be responsible for program brokerage production and marketing as well as bringing depth and focus to Griffin’s...
Oct 25 2012 // Allied World U.S. and Venture Underwriters, Inc. have entered into an agreement to provide a general liability program for commercial contractors. The program will target specialty trade contractors and small general...
Oct 24 2012 // Verisk Insurance Solutions – Underwriting, a unit of Verisk Analytics has added an enhancement to its Foreclosure Alert that identifies if a property has previously been in foreclosure at the point of sale....
Oct 23 2012 // Recent studies show that wild fish stocks around the world are declining faster than feared – with more than half of fisheries worldwide facing shrinking stocks. As a result the demand for farmed fish is intensifying and...
Oct 22 2012 // Liberty International Underwriters has set up a Dallas-based operation dedicated to handling Global Crisis Management (GCM) business for the southeastern and southwestern U.S.Led by Tom Dunlap, assistant vice president and...
Oct 22 2012 // A slow trend toward economic recovery in the U.S. may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities.The good news is growth in sales and...
Oct 18 2012 // The Travelers Companies Inc. reported today $864 million net profit for the third quarter — up 159 percent from the same period a year ago when the insurer posted a $333 million profit.Travelers’ latest...
Oct 16 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
Oct 11 2012 // XL Group plc has promoted Matthew V. O’Malley to a new role as head of environmental underwriting operations in XL Group’s insurance operations. He is based in XL Group’s Exton, Penn., office. Most...
Oct 10 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Greenlight Reinsurance, Ltd., as well as the FSR of ‘A-‘...
Oct 9 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
Oct 8 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
Oct 8 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
Oct 4 2012 // U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011, with insurers’ overall profitability as measured by their annualized rate...
Oct 3 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of South Korea’s...
Oct 2 2012 // London-based Catlin Underwriting Agencies Limited, a unit of Catlin Group Limited, announced that it is studying how technological innovations could improve service to brokers and clients in the Lloyd’s market.As...
Oct 1 2012 // ISO has launched its Enhanced Wind Rating Program, a commercial property rating program designed specifically to address the wind peril. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics.The...
Sep 28 2012 // Maritime Program Group has created a new brokerage division and expanded their western facilities with the addition of three professionals and an office in Gladstone, Ore.Ron Hayes, director of brokerage, and Lina Jayme,...
Sep 27 2012 // TAPCO Underwriters Inc., a Burlington, N.C.-based managing general agent specializing in high-volume, middle-market excess and surplus insurance lines, has hired Stu Korn as a marketing representative for New Jersey,...
Sep 26 2012 // ACE USA has collaborated with GMG Underwriters, LLC, a specialist in kidnap & ransom coverages and services, to expand the growth of its underwriting platform. The stand-alone kidnap & extortion coverage offering...