Latest Underwriting Headlines

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

Utica National Promotes Almy

Jul 19 2010 // James J. Almy has been promoted to underwriting manager of the Utica National Insurance Group’s Errors & Omissions division. Almy began his career with Utica National in 1994 as a Commercial Lines underwriting...

ACE UK Appoints Shaw President ACE Global Markets; Underwriter Syndicate 2488

Jul 15 2010 // ACE UK announced the appointment of Matthew Shaw as President, ACE Global Markets (AGM) and Active Underwriter for Lloyd’s Syndicate 2488. In addition, subject to Lloyd’s and FSA approval, he will become a...

CNA Adds Wehrkamp as Commercial Underwriting Officer in Kansas City

Jul 13 2010 // CNA Financial Corp., based in Chicago, has appointed Don Wehrkamp as Commercial Underwriting officer for its Kansas City territory. In this role, Wehrkamp will ensure that the full complement of CNA’s products and...

Saporito Joins NSM as Business Development Underwriter

Jul 13 2010 // Cathy Saporito has joined program administrator NSM Insurance Group as a business development underwriter in the Mid-Atlantic region. She will provide knowledge and leadership on both regional sales and marketing and...

State Auto Western Region Reports Additions, Promotions in Texas

Jul 9 2010 // State Auto Western Region has announced the following staff additions and promotions in Texas:Steve Harmon has joined State Auto as a business insurance account executive. In this role, Harmon will have responsibility for...

Franz Named Senior VP at Capstone Underwriters

Jul 7 2010 // Stephen M. Franz has been named senior vice president of Dallas-based managing general agency and wholesale broker Capstone Underwriters LLC. Franz has been with Capstone since 2004. Prior to Capstone, he held positions at...

Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions

Jul 6 2010 // Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday.Iran, the...

The Buckner Company’s Seegrist Named Health Underwriter of the Year

Jul 1 2010 // Alan Seegrist of The Buckner Co. has been awarded Health Underwriter of the Year by the Utah Chapter of The National Association of Health Underwriters. Seegrist was selected as the recipient of this award because of his...

Best Upgrades Markel International’s Issuer Credit Rating

Jul 1 2010 // A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of UK-based Markel International Insurance Company...

Catlin to Establish Swiss Reinsurer

Jun 29 2010 // The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the...

P/C Insurers Return to Profitability in Q1 With $8.9B in Net Income

Jun 23 2010 // The property/casualty industry returned to profitability in the first quarter of 2010 despite continuing declines in both written premiums and earned premiums.Private U.S. property/casualty insurers’ net income after...

How to COPE with Apartments

Jun 21 2010 // COPE is generally associated with property underwriting rather than as a risk class-based underwriting acronym. However, the traditional use and definition of COPE can be broadened to highlight the top concerns of...

Utah Chartered Property Casualty Underwriters Chapter Installs Officers

Jun 17 2010 // The Utah Chapter of the Chartered Property Casualty Underwriters has installed officers for the 2010-2011 term. Officers include: President Melanie Hamilton of Hamilton Insurance Associates Inc. in Salt Lake City; Vice...

Pacific Gateway Insurance Adds To Underwriting Staff

Jun 14 2010 // Pacific Gateway Insurance of Valencia, Calif., has added the field underwriting staff previously with Berkshire Hathaway Homestate Companies. Pacific Gateway acquired BHHC’s property/casualty division in...

The Competitive Advantage: Opportunity Knocks

Jun 11 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...

OnPoint Underwriting Adds Surety Bond Coverage for Tribal Clients

Jun 9 2010 // OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M....

Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook

Jun 9 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and...

Texas High Court Sides with Lloyd’s in Contractual Liability Exclusion Case

Jun 7 2010 // The Texas Supreme Court has found in favor of an excess insurance provider in a case involving the contractual liability exclusion in a Commercial General Liability (CGL) policy.In 1993, Dallas Area Rapid Transit Authority...

People

Jun 7 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...

People

Jun 7 2010 // Crump Insurance Services Inc. has invested in new talent for its Atlanta brokerage location. Terry Sherwin has joined Crump as the Atlanta office leader; and property brokers Alex Duran, Jordan Yoss and Carl Feldhaus have...