All the headlines from our Underwriting Topic Page, ordered by recency.
Aug 11 2009 // Markel International has appointed Robert Ashby as specie underwriter to boost its marine and energy division. Ashby has worked for nearly a decade in specie underwriting. Most recently, he spent six years at QBE where he...
Aug 10 2009 // Novato, Calif.-based Fireman’s Fund Insurance Co. is enhancing its Entertainment division with the addition of Jerid Schmickle, who specializes in assessing the risks of touring musical artists and their concert...
Aug 10 2009 // Delos Insurance Group and Avoca Insurance Holdings have launched a joint venture focused on underwriting excess and specialty lines.The newly formed, Boston-based underwriting management company will be known as Naxos...
Aug 6 2009 // The Arkansas Insurance Department has posted directives on its Web site that detail compliance requirements for property casualty insurance providers in that state.The insurance department noted that while Arkansas state...
Aug 5 2009 // Financial institutions faced an average premium hike of 15 percent in the second quarter of 2009, as insurers seek to make up for underwriting losses resulting from a deluge of credit crunch-related Professional Indemnity...
Aug 5 2009 // Cincinnati, Ohio-based Great American Insurance Group announced that its Alternative Markets Division has expanded its underwriting to include single entity captives.Highlights of Great American’s single entity...
Aug 4 2009 // Okemos, MI., August 4 2009 – NetRate Systems, Inc. (Okemos, MI) is pleased to announce implementation of the NetRate Commercial Lines Rating System at Trinity Underwriting Managers, Inc., of Pooler, GA. Trinity...
Aug 4 2009 // New Day Underwriting Managers has appointed Mitch Cohen assistant vice president.He has 27 years of experience as a structural engineer and construction manager, environmental contractor, environmental consultant and...
Aug 3 2009 // Markel International Limited has appointed Tom Drake as underwriter in its Singapore branch. The appointment will help Markel to develop facultative and treaty business in the property sector. Drake has more than 30...
Aug 3 2009 // U.S. captive insurers’ net income declined approximately 66 percent in 2008 for a composite of 186 captive companies represented in an A.M. Best Co. special report. This reflects realized losses of $1.2 billion for...
Jul 30 2009 // Travelers Cos. Inc. said on Thursday that second quarter earnings fell about 20 percent on lower investment income and underwriting profit.An increase in premium levels helped Travelers’ net policy sales keep pace...
Jul 27 2009 // Griffin Underwriting Services of Bellevue, Wash., has added John Houston as a property/causalty underwriter in the company’s Portland, Ore., office. In this position, Houston will be responsible for underwriting and...
Jul 24 2009 // U.S. property/casualty insurer Chubb Corp posted a higher quarterly profit on Thursday, beating Wall Street expectations, as investment gains and lower underwriting losses offset declining policy sales.Second-quarter net...
Jul 22 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) was named one of Washington’s “2009 Best Companies to Work For” by Seattle Business Magazine. The publication chose 100 finalists in its...
Jul 21 2009 // Torus Insurance Holdings Limited announced the appointment of Tim Mardon as President and Chief Underwriting Officer of Torus Re with immediate effect. He will report directly to Clive Tobin, Chief Executive of Torus.Prior...
Jul 21 2009 // For 2008, the U.S. reinsurers reported net premiums written of $26.4 billion, premiums earned of $25.9 billion, according to the Reinsurance Association of America’s “Reinsurance Underwriting Review: 2008...
Jul 20 2009 // When it comes to selecting a carrier partner, size matters. But when it comes to ending a carrier relationship, price, underwriting flexibility and service matter the most.That’s according to the survey –...
Jul 20 2009 // When it comes to selecting a carrier partner, size matters. But when it comes to ending a carrier relationship, price, underwriting flexibility and service matter the most.That’s according to the survey —...
Jul 20 2009 // Wholesaler Colemont Insurance Brokers reports that Bob Black has been promoted to vice president in the company’s Atlanta office.Black joined Colemont in 2004 as an associate broker responsible for marketing all...
Jul 20 2009 // LoriAnn Lowery resigned from her position as president of Lloyd’s North America, after a little more than a year on the job. Sue Langley, Lloyd’s director of market operations and North America, said Lowery,...