All the headlines from our Underwriting Topic Page, ordered by recency.
Feb 2 2012 // Zurich has promoted industry veteran Sabrina Hart to chief underwriting officer for Global Corporate in North America. Hart replaces Paul Horgan who is relocating to Switzerland to become global head of group reinsurance....
Feb 1 2012 // A.M. best has downgraded the financial ratings of FFVA Mutual Insurance Co. due to underwriting losses on its workers’ compensation line of business, especially in states where it expanded outside of Florida.A.M....
Jan 31 2012 // London Market technology specialists TriSystems has announced the launch of a new electronic underwriting service to complement their electronic broking platform, which, the company said, marks “a significant shift...
Jan 31 2012 // The Maryland Court of Appeals, the state’s highest court, ruled in favor of Allstate last week. It upheld a previous lower court’s ruling that the insurer was within its rights to stop writing new homeowners...
Jan 30 2012 // A.M. Best has downgraded the financial ratings of Peachtree Casualty Insurance Co., citing the insurer’s poor underwriting results due in part to rising costs associated with Florida’s troubled no-fault...
Jan 27 2012 // In connection with its revision of its outlook on AIG, A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Chartis US Insurance...
Jan 27 2012 // Union Mutual of Vermont Companies has appointed Robert Glass as the vice president of underwriting. Robert Glass Glass comes to Union Mutual with 24 years of insurance experience, most recently with The Hartford Insurance...
Jan 27 2012 // Lansing, Mich.-based workers’ compensation insurer, Accident Fund Insurance Co. of America, has selected Cambridge Underwriters Ltd. of Livonia, Mich., as its 2011 Agency of the Year.“Cambridge has been a great...
Jan 27 2012 // Appalachian Underwriters has added three brokers to its property and professional practice group.Shane Holden has 20 years of insurance and risk management experience at the retail level. Most recently, he worked for...
Jan 23 2012 // Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting.With Markel’s support, Anglo’s primary focus will be to increase opportunities in...
Jan 23 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services...
Jan 23 2012 // John F. Finston has accepted an appointment to be deputy commissioner for Corporate & Regulatory Affairs at the California Department of Insurance.Finston was the head of SNR Denton’s insurance regulation...
Jan 23 2012 // Golf could be called the go-to sport of the insurance industry, so it’s safe to assume that most insurance professionals know what a putter is – a tool for cursing and hurling to the ground after a missed shot,...
Jan 19 2012 // Specialist underwriting agency DUAL Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as Development Underwriter for financial lines.She joins DUAL from Marsh where she was a commercial...
Jan 18 2012 // Wholesale intermediary Swett & Crawford appointed David Pohle as Media, Penn.-based transportation underwriter for its transportation practice group. David Pohle Pohle joins Swett & Crawford after eight years at...
Jan 17 2012 // The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to a panel of experts at a recent industry forum.Property/casualty insurers get part...
Jan 10 2012 // Lloyd’s MGA CFC Underwriting has launched a new cyber liability product with wording to cover the risks of storing data in the “cloud.”CFC identified a gap in coverage for firms that use cloud computing...
Jan 9 2012 // Breckenridge Insurance Group has formed Blue River Underwriters, a program business facility. Blue River will manage and underwrite Breckenridge’s specialty program business.The new facility will open in...
Jan 9 2012 // Speaking at a conference last month, Mario Vitale, co-chief executive officer of Aspen Insurance, emphasized the importance of underwriting discipline for the insurance industry.With inadequate pricing levels for...
Jan 9 2012 // Now that 2011 is in the record books, various insurance company presidents soon will be disclosing and discussing their company’s year-end results. While the exact words may be different, don’t be surprised if...