All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 11 2012 // A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 958, which is managed...
Apr 6 2012 // Cincinnati, Ohio-headquartered Great American Insurance Group said its environmental division appointed Eric McCabe as divisional assistant vice president for its newly opened New York City office.McCabe joins Great...
Apr 5 2012 // A.M. Best Co. announced rating actions on both New Zealand’s AMI Insurance Limited, or the old AMI, and AMI Insurance (Operations) Limited, or the new AMI, following a substantial restructuring of the company in the...
Apr 3 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals.Eight years ago in 2004, the $2.4 billion heavily...
Apr 3 2012 // Chicago-based Ryan Specialty Group said its subsidiary RSG Underwriting Managers is acquiring WKFC Underwriting Managers in New York. Terms of the transaction were not disclosed.Ryan Specialty Group CEO Patrick G....
Apr 2 2012 // For the second consecutive year, California workers’ compensation premiums levels rose in 2011, but continually growing costs of claims has eroded statewide underwriting results, according to an annual report from...
Mar 28 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Platinum Underwriters Bermuda, Ltd. and its strategic affiliate, Baltimore-based...
Mar 23 2012 // At a time when many insurance carriers are centralizing their underwriting models and interacting more through technology, a recent survey has found that agency small commercial customer service representatives and account...
Mar 22 2012 // Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced that they have agreed to terms on a cash acquisition by CNA of all of the common shares of Hardy.“The acquisition is to be...
Mar 19 2012 // Lloyd’s insurer Sportscover – Syndicate 3334 – announced that “as part of its continuing diversification into specialist areas of business,” it will launch a specialty lines division, effective on the...
Mar 19 2012 // Industrial Insurance Company HDI-Gerling, which is based in the UK, has appointed James Blanco to the position of Senior Liability Underwriter in London.He joins HDI-Gerling from the HCC Syndicate at Lloyds where he was...
Mar 19 2012 // Pete G. McPartland has been named chief executive officer at Sentry Insurance, a Mutual Company in Stevens Point, Wis. Dale R. Schuh, who previously held the title, will continue to serve as chairman of the board of...
Mar 19 2012 // Dallas-based Republic Cos. has named Joseph E. Mattingly president and chief executive officer.Since 2006 Mattingly has served as senior vice president — insurance operations, and president of insurance companies of...
Mar 13 2012 // Jeff Menary has been named as vice president of direct underwriting and production at Iowa-based Grinnell Mutual.During Menary’s 32-year career at Grinnell Mutual he has served in a variety of roles including...
Mar 13 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Royal & Sun Alliance Insurance Company of Canada (RSA Canada) and...
Mar 13 2012 // Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company (ADNIC), a prominent insurance company in the UAE, announced today that they are ceasing their Joint...
Mar 12 2012 // Hiscox made a number of changes to its U.S. Management Team, appointing a new CEO and chief underwriting officer for Hiscox USA. Ben Walter, current chief operating officer of Hiscox USA has been promoted to CEO effective...
Mar 8 2012 // Workers’ compensation insurance provider Texas Mutual Insurance Co. has hired Bill Jackson as senior manager of underwriting and marketing in Dallas. Jackson will be responsible for managing marketing and...
Mar 8 2012 // The QBE Insurance Group announced that it is combining its worldwide reinsurance operations under a single management team and unified brand, QBE Re. The new reinsurer will “comprise the current statutory businesses...
Mar 6 2012 // Thomas J. Nolde has joined the Founders Insurance Co. of Des Plaines, Ill., as chief underwriting officer, commercial lines. Nolde’s responsibilities include managing the commercial lines underwriting team, as well...