All the headlines from our Underwriting Topic Page, ordered by recency.
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...
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset.Markel said QU “provides a wide range of...
Mar 6 2012 // Beazley Group has appointed Sarah Lamberg to the U.S. Private Enterprise underwriting team, strengthening its commitment to small businesses in the technology industry. She is based in Chicago. Lamberg joins Beazley with...
Mar 5 2012 // American International GroupAIG reported a $19.8 billion profit for the 2011 fourth quarter, boosted by $17.7 billion in tax benefits. AIG said it has determined that it is likely to be consistently profitable in the...
Mar 5 2012 // The Inland Marine Underwriters Association (IMUA) has voted Swiss Re America senior vice president Peter Opinante to assume the chairmanship of the board. Opinante, who served as deputy chair, fills the seat vacated by...
Mar 5 2012 // Los Angeles, Calif.-based Poms & Associates Insurance Brokers Inc. has named John Rossetti vice president of the employee benefits group in the firm’s Albuquerque, N.M. office.Rossetti was previously an account...
Mar 5 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.”Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...
Mar 5 2012 // Every year, Berkshire Hathaway Chairman Warren Buffett issues a letter to shareholders in which he discusses the economy, investing and the performance of his companies. Buffett typically has good things to say about...