All the headlines from our Underwriting Topic Page, ordered by recency.
Jul 23 2008 // Topa Insurance Co. has promoted Bob Dultz to underwriting manager, commercial casualty. Dultz has more than 30 years of experience in all casualty lines, including both primary and excess general liability coverage....
Jul 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...
Jul 14 2008 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Co. (China) Limited.A.M. Best said it believes...
Jul 9 2008 // John Charman, chief executive of Bermuda-based Axis Capital says insurers are caught between softening policy rates and volatile investment markets, a situation he expects to hurt returns.“You could make the case...
Jul 8 2008 // The Gibraltar Group, a full-service insurance firm based in Lubbock, Texas, announced that Brandt Beal has been promoted to president of the firm and Ralph Beal has been designated as chairman of the company’s board...
Jul 8 2008 // Ray L. Thomas and Sheldon I. Oster, founders of Houston-based Bunker Hill Insurance Agency Inc. and Shel-Ray Underwriters Inc., are retiring. L. Byron Way, currently executive vice president of Bunker Hill, has been named...
Jul 7 2008 // Allied American Underwriters (AAU), a national program manager headquartered in Tampa, Fla., has introduced a high value homeowners program that is available on a national basis.The program’s values start at...
Jul 7 2008 // The National Association of Professional Insurance Agents (PIA) has announced the promotion of Mike Becker to director of federal affairs.Since joining PIA, Becker has managed the day-to-day responsibilities associated...
Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer.As president, Crowley has been responsible for HRH’s retail operations. In the...
Jul 3 2008 // Bermuda-based Ariel Reinsurance Company Ltd. has announced the following executive appointments: — George Rivaz has been named Chairman of Ariel Re. He will also continue in his current role as Chairman of Atrium...
Jul 2 2008 // Chicago-based Specialty Underwriters’ Alliance, Inc. (SUAI) today announced that it has responded to a letter, dated July 1, 2008, from Hallmark Financial Services, Inc. (“Hallmark”) in which Hallmark...
Jul 1 2008 // Ironshore Inc. announced from Bermuda that it has signed a sale and purchase agreement with Chaucer Holdings PLC and the management of Pembroke for the £17 million ($34 million) cash purchase of Pembroke Managing...
Jul 1 2008 // Fort Worth Texas-based Hallmark Financial Services, Inc. today reaffirmed its proposal to acquire all of the outstanding stock of Chicago-based Specialty Underwriters’ Alliance Inc. (SUAI).Hallmark submitted a...
Jun 30 2008 // Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc.Darwin offers specialty and primary professional lines coverages, which include health care...
Jun 26 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added a new broker, underwriter and account representative to its team.Chris Rohrer was hired as a property broker and will focus on...
Jun 25 2008 // New Day Underwriting Managers LLC, an environmental and construction insurance wholesaler, has appointed David D. Russo to the newly-created position of account manager. Russo joins New Day Underwriting from Commerce...
Jun 25 2008 // The U.S. property/casualty insurance industry’s net income after taxes fell to $8.2 billion in first-quarter 2008 from $16.2 billion in first-quarter 2007.Contributing to the $8 billion, or 49.3 percent, decline in...
Jun 25 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has hired Cindy Downs as a senior underwriter in the firm’s MGA unit. Downs formerly was a senior underwriter at Capstone...
Jun 25 2008 // Regional carriers rate better in underwriting experience, relationships and stability as well as in customer service and agency relations than their national competitors in the view of independent agents. Regional insurers...
Jun 24 2008 // Specialty Underwriters’ Alliance, Inc. reports that it has received a letter from Hallmark Financial Services, Inc. containing an unsolicited, non-binding and conditional proposal to acquire the company.The proposal...