All the headlines from our Underwriting Topic Page, ordered by recency.
Dec 2 2020 // CHARLOTTE, N.C. (December 2, 2020) – AmWINS Program Underwriters (“APU”) today announced a new carrier partnership to provide insurance solutions for APU’s Long-Term Care Facilities program, effective...
Dec 1 2020 // Nashville, TN, December 1, 2020 – Method has partnered with Gradient AI to incorporate state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) solutions into the underwriting process. Method utilizes...
Nov 25 2020 // Frankenmuth Insurance in Frankenmuth, Michigan, has added Rich Schumacher as regional director for the Midwest Region.Schumacher brings 28 years of experience in the industry, most recently serving as associate vice...
Nov 23 2020 // RSG Underwriting Managers LLC has consolidated two of its current managing underwriting manager businesses, Houston-based Trident Marine Managers (Trident) and Global Special Risks (GSR), and created a new practice...
Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s.It is also marked by...
Nov 18 2020 // Two former Berkshire Hathaway companies have been hit with a $250,000 fine by Illinois regulators for selling unapproved workers’ compensation policies to small businesses.The Illinois Department of Insurance says...
Nov 17 2020 // Calabasas, Calif.-based Topa Insurance Group has promoted Susan Pavone to vice president of underwriting. Pavone will oversee the commercial underwriting of Topa Insurance Co. and be responsible for setting underwriting...
Nov 16 2020 // Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with greater access to its underwriting expertise and capacity. This follows the...
Nov 16 2020 // Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect...
Nov 16 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report.With its...
Nov 13 2020 // EQ One, a West Coast earthquake insurance underwriter, has added additional capacity to its earthquake offering through Munich Re Specialty Insurance.This increased capacity will allow EQ One team to write larger...
Nov 12 2020 // While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may...
Nov 10 2020 // Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd’s operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief Underwriting Officer David...
Nov 5 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team.The three lead...
Nov 5 2020 // Applied Specialty Underwriters will concentrate on Casualty E&S markets nationwide, initially focusing on New York construction risks.Omaha, NE, November 5, 2020 — Steve Menzies, CEO of Applied Underwriters,...
Nov 4 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to its U.S. Renewable Energy team, effective immediately.Kristopher Williams and...
Nov 4 2020 // McGowan Allied Specialty Insurance (MASI), a provider of commercial insurance products to the amusement industry, has announced the hiring of Joe K. Boyd as an Underwriting manager.In his new role with MASI, Boyd will be...
Oct 29 2020 // QBE North America has hired Bobby Steinsdoerfer as senior vice president, regional underwriting leader – central region. Steinsdoerfer joins QBE from AIG’s Blackboard Insurance Co., bringing 12 years of...
Oct 28 2020 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory...