All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 1 2008 // Community Financial Insurance Center, Monroe, La., hired Jeanette F. Credo as senior vice president for its new Financial Institutions Division for the states of Louisiana, Alabama and Mississippi.Credo will establish and...
Sep 1 2008 // General Star Management Co. appointed Gregory J. Diorio chief operating officer and Joseph L. Majsak chief marketing officer. Diorio will oversee all underwriting divisions while Majsak will oversee the new marketing...
Sep 1 2008 // Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to how such...
Sep 1 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007 despite the softening market and more aggressive competition. Heightened competition along...
Aug 28 2008 // Steven A. Page joined Lakeland, Florida-based IBSL (formerly known as International Brokerage & Surplus Lines) as a marketing underwriter for non-trucking lines. Page comes to IBSL from Brown & Brown, where he...
Aug 26 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007, despite the softening market and more aggressive competition. Heightened competition along...
Aug 26 2008 // Stockton, Calif.-based Western Marine Insurance Services appointed Scott Olmstead vice president of programs underwriting of the Aquapac Plus recreation marine package programs. He will be responsible for managing the...
Aug 21 2008 // Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager.Frankovich will be based in Indiana Insurance’s Illinois regional office and...
Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team.Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...
Aug 19 2008 // Oklahoma Insurance Commissioner Kim Holland has ordered Underwriter Reinsurance Co., also known as The Underwriter Group, to refrain from selling unlicensed, unauthorized insurance in her state.The Oklahoma Insurance...
Aug 15 2008 // Standard & Poor’s Ratings Services has announced the results of its latest public information Lloyd’s Syndicate Assessment (LSA) review, which considered the 2007 syndicate financial statements and...
Aug 8 2008 // Chicago-based Specialty Underwriters’ Alliance, Inc. today aannounced financial results for the 2nd quarter ending June 30, 2008.Highlights include: — Net income for the second quarter of 2008 was $2.3 million,...
Aug 5 2008 // R.E. Chaix & Associates announced that Ronald “Ron” Hughes has joined the Northern California underwriting team in Napa. Hughes began his insurance career in 1977 at Fireman’s Fund and has worked...
Aug 4 2008 // Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th...
Aug 4 2008 // Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck.Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the...
Aug 1 2008 // XL Capital announced that the underwriters exercised their options to purchase an additional 18,750,000 ordinary shares and an additional 3,000,000 equity security units in connection with XL’s previously announced...
Jul 31 2008 // Genesis Underwriting Management Co. in Stamford, Conn. has named Jill L. Eaton to be manager of the Public Entity Division. Eaton will also continue to lead the division’s Western Region. The Public Entity Division...
Jul 31 2008 // Clovis, CA, July 31, 2008 – Topa Insurance Company, headquartered in Los Angeles, CA is an admitted property and casualty specialty insurer writing personal lines, commercial lines and programs. Topa has partnered...
Jul 29 2008 // Seattle, Wash.-based Safeco’s net income dropped nearly $37 million in the second-quarter 2008 over the same time period in 2007, the company reported today. For the second-quarter 2008, Safeco posted net income of...
Jul 29 2008 // Bordentown, New Jersey-based New Day Underwriting Managers has promoted Jeffrey Slivka to executive vice president and Timothy Farrell to senior vice president of sales. Slivka, who previously served as senior vice...