All the headlines from our Underwriting Topic Page, ordered by recency.
May 23 2005 // Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance agents and brokers...
May 23 2005 // Twig BranchSeattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his...
May 23 2005 // NBIS appointed Joseph Savarese senior vice president of underwriting. He will focus on the company’s Eastern and Western U.S. presence working to establish a network of insurance agents and brokers in the contractors...
May 23 2005 // U.S.I. Holdings Corp. appointed C. Jeff Pan senior vice president – Business Transformation. Pan, who will be based in Dallas, is responsible for transforming the company’s business processes from a...
May 23 2005 // Insurance plays an important role in today’s society in protecting individuals and businesses from different risks. A wide variety of policies and products have been developed to cover common, and not so common,...
May 19 2005 // The Atlanta Chapter of the Chartered Property Casualty Underwriters Society elected and installed its new officers at its monthly luncheon meeting. The new officers for 2005/2006 are: Larry Long, president, Allstate; Phil...
May 19 2005 // Argonaut Group Inc. is expanding its commitment to the wholesale insurance market with the creation of a new company, Argonaut Specialty, which will target accounts that are somewhat larger than those currently handled by...
May 17 2005 // Chicago-based wholesaler Specialty Underwriters’ Alliance Inc. reported a net loss of $4.5 million for the quarter ended March 31, 2005. Total revenues were $1.3 million, comprised of earned insurance premiums of...
May 17 2005 // Bermuda-based Platinum Underwriters Holdings Ltd. has announced that it proposes “to raise in the aggregate $250 million of gross proceeds through an offering of non- cumulative perpetual preferred shares and an...
May 17 2005 // Standard & Poor’s has published an analysis of the current state of the Australian P/C industry. The rating agency noted: “The softening insurance cycle has entrenched itself in commercial lines in...
May 16 2005 // Folksamerica Reinsurance Co. announced the appointment of H. Clay Bassett, Jr. as the company’s chief underwriting officer. He will have responsibility for Folksamerica’s underwriting and marketing divisions...
May 13 2005 // Pennsylvania-based Penn National Insurance has realigned the structure of its underwriting operations, resulting in the following position changes.Robert Brandon has been appointed vice president–underwriting...
May 12 2005 // Chicago-based wholesaler Specialty Underwriters’ Alliance Inc. announced a new partner agent contract with Specialty Risk Solutions, which is also based in the Windy City and specializes in the public entity segment...
May 12 2005 // Union General is now offering its producers an online underwriting and rating system for Mobile Home; Homeowners, and Dwelling Fire Business. The online system is more than just a rater – agents can type in the...
May 11 2005 // American Underwriting Managers announced that Sharon Ward has joined the company in its Southlake, Texas, office as senior underwriter/broker. Among her responsibilities will be property and casualty underwriting for Texas...
May 10 2005 // The property/casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-14 billion, according to a new study by Conning Research and Consulting Inc. However, the...
May 5 2005 // Toronto-based Kingsway Financial Services Inc. announced financial results in Canadian dollars for the first quarter ended March 31, 2005. The company has decided to defer its change to U.S. dollar reporting until the end...
May 5 2005 // Jeffrey Slivka and Timothy Farrell have joined New Day Underwriting Managers LLC, an environmental insurance wholesale firm, based in Bordentown, N.J. Slivka joins New Day Underwriting as senior vice president of...
Apr 25 2005 // The U.S. property/casualty industry reported improved operating results in 2004 for the second straight year, but for the first time since 1978, underwriting results were profitable, with a combined ratio of 97.9,...
Apr 22 2005 // The U.K.’s Chartered Insurance Institute (CII) and Allianz Cornhill, the U.K. subsidiary of Germany’s Allianz, announced the success of a program they’ve been sponsoring to reverse the perceived decline...