All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 18 2008 // ACE has announced the appointment of Matthew Shaw as Chief Underwriting Officer, ACE Global Markets (AGM). He will also become the Chairman, ACE Tempest Re Europe, where he was previously Managing Director. He will report...
Jun 16 2008 // American Underwriting Managers (AUM), a managing general agency and surplus lines broker with offices in North and South Texas, added Ken Fisher as a contract underwriter/broker in its Southlake office. Fisher has more...
Jun 16 2008 // Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8,...
Jun 16 2008 // Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO.McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE...
Jun 16 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 13 2008 // Fitch Ratings said that following a review of industry aggregate statutory financials for year-end 2007 and 1Q 2008, the rating agency has updated its full-year 2008 U.S. Property/Casualty industry forecast and now...
Jun 11 2008 // Contractors are the target of nearly 2,000 mold-related lawsuits annually according to a 2003 report from toxlaw.com. When accused or sued for injuries and damages resulting from mold, contractors look to their commercial...
Jun 6 2008 // U.S. Risk Underwriters, a subsidiary of U.S. Risk Insurance Group, Inc., will relocate four programs currently operated by the U.S. Risk subsidiary, Lighthouse Underwriters.The programs – ElderCare, StaffPak, PLPros...
Jun 4 2008 // Agents submitting community bank risks to the new alliance between The Hartford and Progressive should expect to work with underwriters from each carrier but the companies promise quick turnaround.According to the...
Jun 2 2008 // Markel Corp.’s Board of Directors elected Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer.Markel served Markel Corp. for more than 40 years, most recently as...
Jun 2 2008 // Agents submitting community bank risks to the new alliance between The Hartford and Progressive should expect to work with underwriters from each carrier but the companies promise a quick turnaround.The “sweet...
Jun 2 2008 // Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents, the variables which may affect their execution, and the means and modes of analysis. The...
May 29 2008 // Texas Attorney General Greg Abbott reached a settlement with an automobile credit insurance company that unlawfully withheld insurance premiums from than 12,000 Texans who paid off their vehicle loans early. The Office of...
May 28 2008 // Narragansett Bay Insurance Co. has added Drew J. Magee as director of underwriting. With 25 years of experience in the insurance industry, Magee has worked as the chief operating officer and underwriting officer of The...
May 27 2008 // The Bermuda-based Catlin Group Limited announced that David Ibeson, currently chief executive of the Catlin Syndicate at Lloyd’s, has also been appointed chief executive of Catlin Insurance Company (UK) Ltd.He will...
May 19 2008 // Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on...
May 16 2008 // Vermont Mutual Insurance Group has promoted Mary J. Gray to the position of vice president of underwriting. Gray joined Vermont Mutual in 1984 and has served in several key positions in underwriting, research and...
May 16 2008 // The Bermuda-based Argo Group International Holdings, Ltd. announced that all conditions of its acquisition of Heritage Underwriting Agency plc. have been satisfied or waived and, as a result, its offer is wholly...
May 15 2008 // In preparation for another successful chapter year, the Kansas City Chapter of the CPCU Society (Chartered Property Casualty Underwriters) recently elected its 2008-2009 officers.Beginning May 12, 2008, Bill West, CPCU, of...
May 9 2008 // Scott Epstein has joined American E&S Insurance Brokers as underwriting manager, responsible for growing and strengthening the managing general agent (MGA) unit. He will work out of the company’s San Francisco...