Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

London’s Calling

Jul 18 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill.The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...

Greig Joins Third Coast Underwriters as Sr. Claims Examiner in Gulf Region

Jul 12 2011 // Third Coast Underwriters, a specialty markets operation that offers workers’ compensation insurance for underserved markets that have complex risks, has appointed Gordon Greig as senior claims examiner for the Gulf...

Travelers Names Two New London-based Chief Underwriting Officers

Jul 5 2011 // Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s...

P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew

Jul 4 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...

People

Jul 4 2011 // Liberty Mutual Group’s Edmund F. Kelly retired from active management of the company on June 28, 2011. David H. Long replaced Kelly as president and CEO. Kelly will continue to serve as chairman of the board of...

People

Jul 4 2011 // Brennan J. Paris has been named the new executive vice president of the Professional Insurance Agents (PIA) of Tennessee. He is the sixth executive leader in the history of the association. Prior to joining PIA, Paris...

Lowery Joins Appalachian Underwriters for Carolinas

Jul 1 2011 // Wholesaler Appalachian Underwriters Inc. (AUI) has hired veteran Robert Lowery as a broker for the Carolina region. Lowery brings 30 years of experience as an excess and surplus lines broker to AUI. He began his career in...

Utah Underwriters Society Names New Officers

Jun 30 2011 // The Chartered Property Casualty Underwriters Society Utah Cchapter has installed its 2011-2012 officers. They are: President Glen Kuball, Vice President, Underwriting, Workers Compensation Fund; Vice President, Lee...

Mitsui Sumitomo at Lloyd’s Names Rayner to Head P&C Underwriting

Jun 29 2011 // Mitsui Sumitomo at Lloyd’s has appointed Graeme Rayner as Head of Underwriting, Property and Casualty, in a move it described as designed to drive “growth in the UK and Irish markets.”Rayner, who was...

P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew

Jun 22 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...

DUAL Corporate Risks Appoints Blake Prof. Indemnity Underwriter

Jun 21 2011 // UK-based specialist underwriting agency DUAL Corporate Risks has appointed Christopher Blake as a Professional Indemnity Underwriter in the company’s National Business Unit. He was previously at Chartis where he...

NAS Insurance Promotes Ruiz to Underwriter

Jun 20 2011 // Encino, Calif.-based NAS Insurance Services has promoted Jose Ruiz to underwriter. Ruiz started at NAS four years ago as an underwriting assistant. His underwriting specialties include: miscellaneous errors and omissions,...

Expert Assesses Cyberinsurance Market: Demand, Prevention, Recovery

Jun 20 2011 // Demand for cyberinsurance was rising even before the most recent highly-publicized parade of breaches at major corporations and organizations. After the news of the first major Sony hack but before the subsequent reports...

People

Jun 20 2011 // Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board.Denver Regional Office Underwriting Manager Jolene Grow was...

Everest Re Names Addesso President; Doucette Chief Underwriting Officer

Jun 17 2011 // The Bermuda-based Everest Re Group announced that Dominic J. Addesso has been promoted to President. He joined Everest two years ago as Executive Vice President and Chief Financial Officer. Prior to his employment with the...

Catlin Re Switz. to Open Madrid Office; Augments Underwriting Staff

Jun 16 2011 // Catlin Re Switzerland, the continental European reinsurer of the Bermuda-based Catlin Group Limited, announced that as of July 1, 2011, it will underwrite treaty reinsurance business from a new office in Madrid, focusing...

Ascot Appoints Karns to Houston Underwriting Unit

Jun 14 2011 // Lloyd’s Ascot Underwriting Ltd announced the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. in Houston. He is a local resident with “19 years of experience in the US Energy market, most...

IMS/London American Adds Travis as Senior Commercial Underwriter

Jun 13 2011 // IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the...

Best Upgrades State Farm General Insurance Co.’s Ratings

Jun 9 2011 // 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 State Farm General...

Bowden joins Lloyd’s Marketform as D&O Underwriter

Jun 8 2011 // Lloyd’s insurer Marketform announced that Directors’ and Officers’ liability underwriter Alexis Bowden has joined the company. She spent 11 years underwriting D&O at ACE European Group prior to...