All the headlines from our Underwriting Topic Page, ordered by recency.
May 17 2010 // Martha A. Lees has been named deputy superintendent and general counsel for the New York State Insurance Department. She advises the superintendent on legal matters and oversees the preparation of legal opinions, the...
May 17 2010 // Having met the management of many managing general agencies (MGA), and managing general underwriters (MGU), I have been somewhat surprised by their perspective on their errors and omissions (E&O) claim potential. Some...
May 17 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...
May 14 2010 // CNA has appointed Jamie Abercrombie as commercial underwriting officer. Abercrombie, who has more than 27 years of underwriting experience will be based in Philadelphia. He most recently served as vice president of risk...
May 12 2010 // Zurich, a property/casualty insurance provider, has added six people to its underwriting staff in its Southwest region offices. They are: Matt Sweesy has been brought in to lead expansion efforts in the Strategic Risk...
May 10 2010 // A.M. Best Co. has issued three separate bulletins announcing that it has removed a number of Berkshire Hathaway’s insurance companies from the “under review with negative implications” status it announced...
May 7 2010 // W. R. Berkley Corp. has appointed Collin J. Suttie as president of Berkley Medical Excess Underwriters LLC (BerkleyMed) in St. Louis, Mo. Suttie succeeds BerkleyMed founder J. Michael Foley, who will continue to be...
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
May 3 2010 // Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions.Dan Tuman, former vice president of commercial insurance, is now...
May 3 2010 // Regional property/casualty insurance company, The Republic Group, based in Dallas, announced that Jim Drawert, vice president – Industry Relations, will retire June 30.Prior to joining Republic in 2003, Drawert was...
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Apr 30 2010 // CNA has appointed Belinda Mattucci-Mychajliw to commercial underwriting officer for its New York Metro branch office.In this position, Mattucci-Mychajliw joins nine recently announced commercial underwriting officers who...
Apr 27 2010 // Your client’s directors and officers liability policy is coming up for renewal. What can you expect from the market? Like the Dickens classic, this is a tale of two markets.The Best of Times For companies with little...
Apr 23 2010 // The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to...
Apr 19 2010 // CNA appointed Nancy Osborn branch vice president for its Phoenix and Albuquerque, N.M., offices; and Connie Taylor vice president of its new Los Angeles branch office, scheduled to open in May.Osborn began her insurance...
Apr 19 2010 // Central Insurance Companies of Van Wert, Ohio, announced the retirements of Michael E. Thompson and George J. Gress. Additionally, Central promoted Jana L. Ringwald to vice president of Commercial Underwriting for its...
Apr 15 2010 // The U.S. property/casualty industry’s profitability as measured by their rate of return on average policyholders’ surplus (or statutory net worth) increased by 5.8 percent in 2009, while private P/C...
Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Apr 13 2010 // CNA Select Risk, which includes excess and surplus business, as well as wholesale property accounts, added to its transportation unit the newly-created Center of Excellence in Atlanta. The unit will focus on writing new...