All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 9 2011 // Western National Insurance Group (WNIG), headquartered in Minnesota, has partially realigned its management team. The following members of WNIG’s management team have assumed new roles: Jeff Couchman, formerly vice...
Mar 7 2011 // Pennsylvania-based managing general underwriter Interstate Insurance Management has made several promotions.Larry E. DeFrances has been named executive vice president, commercial auto underwriting manager – U.S....
Mar 7 2011 // InsuranceJournal.com reported on the adventures of IBM’s artificial intelligence machine, Watson, and its victory on the TV game show “Jeopardy.” In the article and podcast, What’s Next for...
Mar 3 2011 // State Farm reported $1.8 billion in after-tax net income in 2010, compared with $800 million in 2009. The improvement “was driven by the P-C companies’ improved results,” said the bulletin, which also...
Mar 3 2011 // Maritime General Agency announced its newly formed business identity, which it said “combines three niche marine insurance underwriting facilities: Maritime Program Group; Maritime General Agency, Marine MGA, and...
Mar 2 2011 // Allied American Underwriters (AAU), a national program manager and subsidiary of USG Holding/USG Insurance Services, has added Pamela King as an underwriting assistant in Louisiana. King developed her career throughout 19...
Mar 1 2011 // Hong Kong-based Starr International Company, Inc. has announced the appointment of Irene Chang as Underwriting Manager of Starr Casualty for Greater China.She will lead the effort in developing and promoting all Casualty...
Mar 1 2011 // The Australia-based QBE Group reported net after tax profits of *$1.278 billion for 2010, a 17 percent decrease from the $1.532 billion reported for 2009. However, the decline was almost entirely due to a drop in...
Feb 28 2011 // The Bermuda-based Argo Group International Holdings announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. The new...
Feb 25 2011 // Bermuda-based PartnerRe Ltd. Has announced leadership changes in its Catastrophe business unit, effective April 1, 2011.Brian Secrett, currently Chief Underwriting Officer and Deputy Head, Catastrophe, has been appointed...
Feb 25 2011 // Arthur J. Gallagher & Co. announced that it has signed a definitive agreement to acquire the business and certain assets of London-based Woodbrook Underwriting Agencies, Ltd.The transaction is expected to close during...
Feb 24 2011 // Middleton, Wis.-based Capitol Insurance Companies has announced three promotions. Kevin A. Klestinski has been named vice president of property and casualty underwriting, Richard F. Boettner has been promoted to director...
Feb 24 2011 // Capitol Insurance Cos. of Middleton, Wis., announced that Kevin A. Klestinski has been named vice president of Property & Casualty Underwriting, Richard F. Boettner has been promoted to director of Underwriting –...
Feb 22 2011 // Professional Program Insurance Brokerage in Novato Calif., has added Lisa Martone to its underwriting staff. Martone will be a senior underwriter to grow the program business, including the new artisan contractor program,...
Feb 18 2011 // Mitsui Sumitomo at Lloyd’s has made five appointments to its corporate, mid-market and regional distribution teams as the UK non-life insurer continues its expansion drive.The corporate team has been strengthened by...
Feb 10 2011 // Cincinnati, Ohio-based Great American Insurance Group’s Property and Inland Marine Division has promoted two insurance executives: Grace Thomas and Cecil Wilson.Thomas was promoted to divisional senior vice...
Feb 10 2011 // The Bermuda-based (London headquartered) Catlin Group Limited reported net profits before tax in 2010 of $406 million, compared to $603 million in 2009, primarily due to a significant increase in catastrophe losses last...
Feb 10 2011 // The loss of market share in the surplus lines sector of the property/casualty insurance industry will turn around when standard carriers begin to experience negative results from the non-standard business they’ve...
Feb 9 2011 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $122.6 million or $2.23 per diluted common share in the fourth quarter of 2010, compared to $211.8 million or $3.38 per...
Feb 8 2011 // Specialist insurer Beazley announced that it is broadening its coverage of environmental risks, first launched by its U.S. company, by “establishing an environmental risks underwriting capability at Lloyd’s,...