All the headlines from our Underwriting Topic Page, ordered by recency.
May 6 2008 // California-based NAS Insurance Services and Kentucky Hospital Insurance Company have entered into a new reinsurance arrangement for network security insurance. The agreement provides for KHIC to cover the insured...
May 6 2008 // W. R. Berkley Corp. has formed Berkley Asset Protection Underwriters, LLC. Based in New York City, it will offer products designed to protect commercial and personal assets. The products will include coverage for fine...
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete.Ryan founded Aon, which has...
May 5 2008 // Smart program administrators know that aligning themselves with financially-strong insurance carriers can help attract good clients to their program. While the process of evaluating a program relationship takes more time...
May 5 2008 // Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables which may affect their execution, and the means and modes of analysis available.The...
May 1 2008 // Farmington, Mich.-based Burns & Wilcox recently announced that Kerri Senger has rejoined the company’s St. Louis office as a senior underwriter. Senger will be responsible for contract and brokerage...
Apr 21 2008 // PeopleMichigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Crandell was hired as a transportation underwriter. She will service commercial trucking accounts...
Apr 21 2008 // Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups says.The industry’s net...
Apr 18 2008 // Melville, New York-based managing general agent, WKF&C Agency Inc., announced it is expanding its nationwide casualty underwriting platform with the opening of a new office in Dallas, Texas.Industry veteran and Dallas...
Apr 17 2008 // Liberty International Underwriters (LIU), a part of Liberty Mutual Group, announced the appointments of several new executives in its Atlanta, Houston, Los Angeles, and New York locations. The executives bring insurance...
Apr 16 2008 // Lighhouse Underwriters, a subsidiary of U.S. Risk Insurance Group Inc. announced it has enhanced its ElderCare coverage with a new ElderCare Plus program.The ElderCare Plus program provides underwriting for assisted...
Apr 11 2008 // Bermuda-based XL Insurance, the global insurance operations of XL Capital Ltd., has announced the formation of a global Product Development team to further address customers’ risk management needs.“The team...
Apr 11 2008 // Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups says.The industry’s net...
Apr 9 2008 // Raj Manghani has been appointed vice president of underwriting solutions product management at Newark, Calif.-based Risk Management Solutions (RMS). In this role, Manghani will lead RMS’ efforts to help insurers use...
Apr 8 2008 // Florida-based Privilege Underwriters Reciprocal Exchange (PURE) plans to expand into the Florida Panhandle, according to Ross Buchmueller, president and chief executive officer, PURE Risk Management LLC .PURE will offer...
Apr 8 2008 // Hull & Co. Inc. has acquired substantially all of the assets of Missoula, Mont.-based Big Sky Underwriters Inc. “The people of Big Sky are well respected in the Northwest marketplace,” said Bob McGrew,...
Apr 3 2008 // The Bermuda-based Argo Group International Holdings has made an offer to acquire Heritage Underwriting Agency, Plc, a successful Lloyd’s insurer.The transaction is subject to “relevant legal and regulatory...
Apr 3 2008 // California-based Monarch E&S Insurance Services announced the return of Dina Dryden as a senior commercial underwriter for the Property & Casualty Department. She will work from the San Diego office and will be...
Apr 3 2008 // Burns & Wilcox announces that Hariett Rose has rejoined the company as a commercial underwriting manager at its Cleveland, Ohio office.Rose first started at Burns & Wilcox in 1997 as a senior underwriter. Most...
Mar 28 2008 // Newark, Calif.-based Risk Management Solutions has launched a probabilistic model to help account underwriters quantify and manage exposure to fire risk. Aimed at primary commercial and specialty insurers and reinsurers,...