Latest Underwriting Headlines

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

New K-12 Accident Medical Program Offers Options for Public Schools and Students

Jan 28 2011 // Fort Wayne, Ind. – January 28 2011 – K&K Insurance, a division of Aon Underwriting Managers and a managing general underwriter offering insurance products and services to the sports, leisure and...

National Underwriter, Summit Media File for Bankruptcy

Jan 26 2011 // Summit Business Media and its affiliates including The National Underwriter insurance publisher have filed for Chapter 11 bankruptcy to address more than $250 million in debt and unsecured claims.The company said that it...

UK’s Amlin Acquires J R Clare Underwriting Agencies

Jan 26 2011 // UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John...

Howden Specialty Underwriters Forms Management Liability Program with LIU

Jan 25 2011 // Howden Specialty Underwriters LLC, a subsidiary of Hyperion Insurance Group Limited, and Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, now offer a management...

Glomb Named Underwriting Chief at PHLY

Jan 25 2011 // Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of...

People

Jan 24 2011 // Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state.Rothman was most recently an attorney with the...

Inferior Results Will Force Admitted Carriers Out of the E&S World, Eventually

Jan 24 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...

People

Jan 24 2011 // Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25 years of insurance industry experience, will oversee service and insurance placements for a...

Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs

Jan 24 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty CEOs.“2010 was...

Ryan Specialty Intros New CAT/Construction Risk Facility in Texas

Jan 20 2011 // Chicago-based Ryan Specialty Group LLC (RSG) has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on providing best in class underwriting for complex construction and...

J.M. Wilson Hires Lombardo as Property/Casualty Underwriter

Jan 20 2011 // Managing general agency J.M. Wilson has added Katie Lombardo as a property/casualty underwriter in its Arlington Heights, Ill., office.Lombardo will review, quote, bind and service commercial P/C accounts for the...

Best Upgrades Unifund Assurance Rating; Affirms Ratings of RSA Canada Members

Jan 20 2011 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bb+” from “bb” and affirmed the financial strength rating (FSR) of ‘B’ (Fair) of Unifund Assurance Company, which is based...

Argo Group Announces Management Changes

Jan 14 2011 // The Bermuda-based Argo Group International Holdings has appointed Andrew Carrier to the newly-created position of group chief underwriting officer. In this expanded role he will oversee underwriting across Argo...

Underwriting, Expense Discipline Needed in 2011, Say P/C CEOs

Jan 14 2011 // The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty chief executive...

Beazley Adds Komro as D&O Underwriter in Chicago

Jan 11 2011 // Anthony Komro has joined Beazley in Chicago as an underwriter of directors and officers (D&O) coverage. The company said Komro will help build upon Beazley’s established and growing presence in the Midwest,...

People

Jan 10 2011 // Todd Teitell, executive vice president and branch leader of AmWINS Brokerage of Texas in Dallas, has been elected president of the Texas Surplus Lines Association Inc.Other elected TSLA officers for the coming year...

People

Jan 10 2011 // Golden Eagle Insurance, a Liberty Mutual Agency Corp. regional company, appointed Spencer J. Donkin president and CEO.Donkin joins Golden Eagle Insurance from Liberty Mutual Agency Corp.’s Regional Companies Group,...

McKnight Named Underwriting Vice President at Merchants

Jan 5 2011 // New York-based Merchants Insurance Group has named Shad McKnight as vice president of underwriting and product development. McKnight has served as vice president of product management, associate vice president of...

O’Brien Named Head of Inland Marine Underwriters Association

Jan 4 2011 // Kevin O’Brien has been named president and chief executive officer of the Inland Marine Underwriters Association (IMUA). O’Brien joins the IMUA from Maran Corporate Risk Associates Inc., of Southampton, N.Y.,...

Best Affirms Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings (Beazley)

Dec 22 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s...