All the headlines from our Underwriting Topic Page, ordered by recency.
Dec 3 2008 // Dallas-based MarketScout has added three new associates to its Workers’ Compensation and Texas Specialty Underwriting Division.Rachael Bryk joins MarketScout as underwriter after seven years of specialty...
Dec 3 2008 // The Bermuda-based Catlin Group Limited announced that it has “significantly strengthened its leadership position in crisis management underwriting with the addition of two experienced product recall insurance...
Dec 1 2008 // Burns & Wilcox recently added David Derigiotis as a professional lines underwriter in its Special Risk Division (SRD). SRD is the company’s internal brokerage division located in Farmington Hills,...
Nov 30 2008 // When it comes to acquiring an agency or selling, timing is everything. Hard market or soft market, good business environment or bad, the decision on whether to merge, acquire or sell is unique to each individual business...
Nov 16 2008 // New York-based Navigators Group hired Paul Hennessy as president of Navigators Holdings (UK) Ltd. He will be responsible for Navigators’ operations in Europe, the Middle East and Asia, and will report to President...
Nov 14 2008 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicates 609 and 570, both of which are managed by Atrium...
Nov 11 2008 // Bowring, Marsh’s International Specialist Broker, announced new efforts to make its placement leadership meet the requirements of its clients by creating “five bespoke risk transfer products covering property,...
Nov 10 2008 // The Professional Liability Underwriting Society (PLUS) honored Kevin M. LaCroix with its 2008 PLUS Founders Award and John J. Degnan, with its 2008 PLUS1 Award at the organization’s 21st Annual International...
Nov 6 2008 // Zurich in North America has appointed Christopher Haarmann to be chief underwriting officer of its Specialties business unit. In this role, Haarmann will lead underwriting operations for Specialties products across the...
Nov 5 2008 // Birmingham, Ala.-based Infinity Property and Casualty Corp., a national provider of personal automobile insurance, reported results for the three and nine months ended Sept. 30.Stronger than expected underwriting results...
Nov 4 2008 // The Bermuda-based Max Capital Group reported a net loss for the three months ended September 30, 2008, of $163.2 million, or $2.79 per fully diluted share, compared to net income of $66.8 million, or $1.05 per fully...
Nov 2 2008 // More lawsuits and firmer rates for directors and officers liability coverage are almost certainly ahead as a result of the global financial crisis, which is likely to hit insurers especially hard. Given this, what are the...
Nov 2 2008 // While independent agents have their favorite carriers for certain risks, on occasion they end up choosing a carrier other than their preferred carrier. Most often the reason they do is pricing.Independent agents named...
Oct 31 2008 // A.M. Best Co. has commented that the ratings and outlook of Cayman Islands-based Ironshore Inc. and its operating subsidiaries are unchanged following the resignation of the company’s chief underwriting officer...
Oct 30 2008 // Les Rock, president and chief underwriting officer of Ironshore Insurance Ltd., has resigned effective Oct. 31, 2008 for personal reasons.Howard Barnes, Peter Coleman and Rod Todd will continue to underwrite property...
Oct 29 2008 // Oak Ridge, Tenn.-based Appalachian Underwriters Inc. acquired the business insurance center assets of NFIB, from MSC Insurance Agency of Tennessee LLC.NFIB is a small business association representing small and independent...
Oct 28 2008 // Chartered Property Casualty Underwriters Society (CPCU) chapters in the greater Los Angeles area — Los Angeles, El Camino and San Gabriel Valley — recently celebrated 63 years of professional excellence at the...
Oct 28 2008 // Tennessee-based Appalachian Underwriters Inc. established a commercial brokerage division and will open a new office in Sarasota, Fla. to house the new operation.AUI will focus on property and casualty risks that are...
Oct 24 2008 // The Bermuda-based Arch Capital Group Ltd. reported that net income available to common shareholders for the 2008 third quarter was $26.4 million, or $0.42 per share, compared to $199.7 million, or $2.76 per share, for the...
Oct 21 2008 // Yates & Associates of Tustin, Calif., announced that Denise Plecas will be joining the underwriting department as underwriter/broker – new business P&C. Starting as a receptionist at Hull & Co. in...