All the headlines from our Underwriting Topic Page, ordered by recency.
Jan 20 2010 // Markel International has appointed Tom Davies as liability underwriter in the insurer’s Marine and Energy Division. Davies has eight years of experience in marine and energy insurance and has spent the last six years...
Jan 13 2010 // New York-based XL Insurance, the global insurance operations of XL Capital Ltd., has expanded its U.S. Aviation underwriting team with an aviation branch office in San Francisco and by adding to its New York-based...
Jan 13 2010 // Insurance agents, a former insurance commissioner and a consumer advocate have sounded an alarm about the property insurance marketplace in Florida, a market that has seen four insurers get into financial trouble in the...
Jan 12 2010 // Standard & Poor’s Ratings Services has stated that its ratings on Bermuda-based RenaissanceRe Holdings Ltd. (currently ‘A’ with a stable outlook) and related entities are not affected by the...
Jan 10 2010 // New York-based insurance wholesaler Russell Bond & Co. has promoted Margaret J. Arnold to assistant vice president-controller. She is a 20-year veteran of the firm.In addition, the company has also promoted Derek...
Jan 10 2010 // The board of directors of the American Academy of Actuaries has elected Mary Frances Miller as the organization’s president-elect. Miller will succeed Ken Hohman as president for the 2010-2011 term.Miller is a...
Jan 8 2010 // The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this...
Jan 7 2010 // Bordentown, N.J.-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers, announced it is building its underweriting team by...
Jan 5 2010 // Specialty insurer Torus has hired three New Jersey-based executives to oversee underwriting of primary lines of general liability and auto liability for renewable energy.Angie Adams, Adam Newman and Wayne Jacobson have...
Dec 30 2009 // In times like these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial...
Dec 22 2009 // Private U.S. property/casualty insurers’ net income after taxes rose to $16.2 billion through nine-months 2009, partially recovering from the 91.2 percent decline to $4.4 billion through nine-months 2008 from $49.6...
Dec 21 2009 // Standard & Poor’s Ratings Services has raised its counterparty credit rating on Platinum Underwriting Holdings Ltd. to ‘BBB+’ from ‘BBB’. S&P also assigned its ‘A’...
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Dec 10 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) a program administrator and specialty wholesale broker, and ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE...
Dec 6 2009 // A series of violent storms struck the west coast of England, beginning Nov. 19. Cumbria, the county just below the Scottish border, was the most severely affected area, where heavy rain caused extensive flooding in a...
Dec 6 2009 // In times likes these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial...
Dec 3 2009 // New Jersey-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability broker, has added Joseph Buono as an account manager. Buono joins New Day Underwriting from Protector...
Dec 3 2009 // Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance...
Nov 30 2009 // Naxos Avondale Specialty Casualty Inc., an underwriting management company focused on the specialty casualty excess and surplus lines markets, has officially launched operations and begun accepting business.The creation of...
Nov 25 2009 // Lloyd’s and international insurer Beazley announced that underwriters placing business for the company now have access to the Lloyd’s Exchange. The processing system will enable them to “undertake...