All the headlines from our Underwriting Topic Page, ordered by recency.
Oct 28 2009 // A.M. Best Co. has assigned its Best’s Syndicate Ratings of ‘A’ (Excellent) and issuer credit ratings of “a+” to Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622, with stable...
Oct 28 2009 // Brian Schwarzbach has been named vice president of underwriting at North Carolina-based Atlantic Casualty Insurance Co., a member of the Strickland Insurance Group.Schwarzbach has been in the excess and surplus lines...
Oct 23 2009 // Rockhill Underwriting Management has established a new underwriting division focused on serving specific segments of the healthcare industry.The unit will be led by Rob Jurgel, who has 20 years of experience in the...
Oct 22 2009 // Bermuda-based Ironshore Inc. announced today that it has gained approval to write direct and facultative property business on behalf of its Pembroke Lloyd’s Syndicate effective October 1, 2009. The Pembroke team will...
Oct 22 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reassurance Suisse SA and the ICR of “bbb-” of...
Oct 22 2009 // Travelers Companies Inc., the No. 1 publicly-traded U.S. property/ casualty insurer, said its quarterly profit more than quadrupled, strongly beating expectations, as a dearth of costly catastrophes left the company with...
Oct 16 2009 // Westrope General Insurance Agency, of Kansas City, Mo., has hired Chris Frost, who joins the company as a production underwriter in the company’s office in Irvine, Calif. Frost has experience underwriting all classes...
Oct 5 2009 // David Daniel was named chairman of the Independent Insurance Agents & Brokers of America (Big “I”). He will lead the organization as chairman for the 2009-2010 term.Daniel is president of Daniel &...
Oct 5 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...
Oct 2 2009 // Global specialty property/casualty insurer Catlin Group Limited has established an underwriting office in Rome, its second office in Italy.The Rome office for Catlin Europe will be staffed by a five-member reinsurance...
Oct 1 2009 // Charlotte, N.C.-based specialty insurance broker AmWINS Group, Inc. has named Ben Francavilla as president of AmWINS Program Underwriters (APU). In this role, Francavilla will be responsible for the day-to-day operations...
Sep 28 2009 // Private U.S. property/casualty insurers’ net income after taxes fell 59.3 percent to $5.8 billion in first-half 2009 from $14.1 billion in first-half 2008. Insurers’ overall profitability as measured by their...
Sep 23 2009 // Insurance executives see their companies performing above general market expectations in 2010, but their outlook on the industry’s ability to generate underwriting profit in the next one to three years remains...
Sep 23 2009 // Florida has given the go-ahead to a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002.Prepared Insurance Co., headquartered in Tampa, intends to use...
Sep 21 2009 // Wells Fargo Insurance Services of Minnesota Inc. named Gina Samland managing director for its Nebraska, Iowa, and Kansas City, Kan., operations. She is based in the Omaha, Neb., office.In her new role, Samland is...
Sep 21 2009 // Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team.Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice...
Sep 21 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008.Changing regulatory conditions and reforms have also impacted the...
Sep 17 2009 // Curtis R. Chalmers has been named assistant vice president-miscellaneous professional liability, for Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co.,...
Sep 17 2009 // London American Risk Specialists Inc. is expanding its Dallas, Texas, underwriting division and has created an underwriting/binding authority department in the Dallas office. The department will offer in-house quoting and...
Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit.This new unit within ACE Risk Management provides a...