All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 2 2009 // Demographic changes are impacting the underwriting and pricing of many insurance products and the implications of these changes are creating new challenges and opportunities for property/casualty insurers, according to...
Jun 1 2009 // TD Insurance Inc. has hired Linda Bogardus as an account manager in the Core Division of Commercial Lines. Bogardus, who is based in Burlington, Vermont, will oversee marketing and servicing large commercial insurance...
Jun 1 2009 // Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury. In February, Wolin was named deputy assistant to the President and deputy counsel to the...
May 20 2009 // Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana’s insurer of last resort, said it is entering the voluntary homeowners’ market. The company said it...
May 19 2009 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s...
May 15 2009 // XL Insurance, the global insurance operations of XL Capital, has announced the hiring of three additional underwriters for its London-based aviation business.“The London team will be headed by Simon Murray as...
May 13 2009 // Safety National has opened regional underwriting office in New York, and has tapped industry veterans Sharon Herschlag and Dennis Zervos as regional underwriting managers.The company says the new office builds on its plans...
May 11 2009 // Liberty International Underwriters, a division of Liberty Mutual Group, named Tim Kania as senior vice president of construction for its North and South America operations. An insurance executive for more than 20 years,...
May 11 2009 // Most insurance professionals detest a soft market due to the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the change...
May 11 2009 // Chicago-based Specialty Underwriters’ Alliance Inc. reported that although net income was down in the first quarter of 2009 compared to the same period a year ago, gross written premiums rose to $29 million compared...
May 8 2009 // Syndicate 382 – Hardy Underwriting A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A ‘(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382,...
May 6 2009 // Bordentown, New Jersey-based New Day Underwriting has promoted John Heft to the newly created position of director – Real Estate Practice. Heft will lead the group’s focus on providing insurance and risk...
Apr 27 2009 // The Bermuda-based Max Capital Group announced the appointment of two senior underwriters – Clive Hatto and Hugh Sprowson – by Max at Lloyd’s Ltd, the Lloyd’s managing agent for Syndicates 1400, 2525...
Apr 22 2009 // Specialty Underwriters’ Alliance Inc. (SUA), headquartered in Chicago, reported that it has distributed a letter to stockholders in response to the proxy contest being waged by Hallmark Financial Services Inc., which...
Apr 20 2009 // The Association of Professional Insurance Women Inc. (APIW) has selected Chubb Group Executive Vice President Janice Tomlinson as its “Insurance Woman of the Year.” Tomlinson, who has been employed by Chubb...
Apr 20 2009 // Thoits Insurance of San Jose, Calif., promoted Paul Saich to CEO. Saich replaces Don Way, who had been with Thoits for 44 years, and will remain as chairman of the board. Saich joined Thoits Insurance in 1996 and most...
Apr 20 2009 // Like just about any company anywhere on earth, medical liability insurers lost money on their equity investments in 2008 due to the meltdown in the U.S. and worldwide economies in the latter half of the year. However, for...
Apr 20 2009 // Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C insurers earned $2.4 billion in net income after taxes in 2008, but...
Apr 9 2009 // Property/casualty insurers remained profitable in 2008 despite taking hits from several catastrophes, the recession and the ongoing financial crisis. P/C insurers earned $2.4 billion in net income after taxes in 2008, but...
Apr 6 2009 // Nautilus Insurance Group named Thomas Miali as assistant vice president-property underwriting. Miali joins Nautilus from a reinsurance company where he served as vice president. His background includes managerial positions...