All the headlines from our Underwriting Topic Page, ordered by recency.
May 13 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of The Motorists Insurance Pool (Motorists...
May 10 2011 // A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of...
May 10 2011 // Pioneer Underwriting, BMS Group’s recently launched Lloyd’s MGA, announced that Amy Fu joins the team as a Marine Underwriter.BMS launched Lloyd’s Managing General Agent, Pioneer Underwriting, in April...
May 4 2011 // J.M. Wilson, a managing general agency based in Kansas City, Mo., has added Ariynna Garrison in Kansas City as property and casualty underwriter. Garrison is responsible for quoting new and renewal accounts for a wide...
May 4 2011 // The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on...
May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
May 2 2011 // The civil and political unrest in Egypt and other parts of the Middle East and North Africa have brought to light how vital political risk coverage is — regardless of the country in which a company has operations.Roger...
Apr 28 2011 // London-based specialist Lloyd’s insurer Marketform announced that experienced London Market underwriter Gary Cooke will join the company effective June first, as head of Marine Cargo Underwriting.“After two...
Apr 20 2011 // U.S. property/casualty insurers’ net income after taxes rose to $34.7 billion in 2010 from $28.7 billion the year before, with insurers’ rate of return on average policyholders’ surplus increasing to 6.5...
Apr 20 2011 // Bermuda-based Alterra Capital Holdings Limited announced several role changes and promotions that will affect its corporate and reinsurance operations, including the appointments of Greg Richardson as Executive Vice...
Apr 19 2011 // Irving, Texas-based JW Wrobel & Associates LLC has hired Kate Innocent as senior underwriter. Innocent will specialize in marketing, underwriting and placing small to medium surplus lines accounts for retail agencies...
Apr 19 2011 // SCF Arizona, the state’s largest provider of workers’ compensation insurance, has named Noel A. Williams vice president of underwriting. Williams hasextensive property and casualty experience in commercial...
Apr 19 2011 // Lloyd’s insurer Sportscover has taken another step in its plans for expansion with the announcement that it has appointed a “highly respected Bloodstock underwriter, Robin Blunt.”He has been in the...
Apr 18 2011 // Increased frequency = increased recall. That’s the frequency effect.Let’s look at some concrete examples. Each year, Insurance Journal magazine hires a third party research firm to conduct a “Recall and...
Apr 18 2011 // American International Group Inc. (AIG) reorganized Chartis, its global property/casualty business, and named a new management team. Among the changes was a new CEO, Peter D. Hancock, currently AIG executive vice president...
Apr 14 2011 // Catastrophe models are a great risk management tool for property/casualty insurers but even the person who created the first one is worried that they are being given more credit and influence than they deserve.Karen Clark...
Apr 13 2011 // Western Heritage Insurance Co., based in Scottsdale, Ariz., has appointed Anthony Washington as vice president of Underwriting. Washington will lead all underwriting operations, including the Contract and Programs teams,...
Apr 8 2011 // Tennessee-based wholesale insurance broker Appalachian Underwriters Inc. has obtained the assets of Reliance Administrators, Inc., a Rock Hill, South Carolina wholesaler that specializes in workers’ compensation,...
Apr 4 2011 // K&B Underwriters, LLC, an insurance program administrator, has enhanced its senior living program and rebranded the program as DigniCARE Risk Solutions.The enhancements include a new A.M. Best “A+” rated...
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...