All the headlines from our Underwriting Topic Page, ordered by recency.
Feb 24 2020 // Full-year insurance results at Berkshire Hathaway disappointed in 2019, with after-tax earnings from underwriting falling to $325 million in 2019 compared to $1.6 billion in 2018.Earnings from primary insurance operations...
Feb 21 2020 // Appalachian Underwriters, Inc. has hired Carol Ashman as its new external marketing representative for Western Florida. She will focus on building agent relationships in the Florida Panhandle. She comes to AUI with 16...
Feb 21 2020 // Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase pressure on UK household insurers’ profits in 2020, said Fitch Ratings.While the...
Feb 19 2020 // Everest Insurance has added four underwriters within its Excess & Surplus Casualty Excess group. The new members of the group include:Kelly Doyle, who joins Everest as a senior underwriter based in the company’s...
Feb 19 2020 // A third Republican said that he will run for the party’s nomination for Montana state auditor. Scott Tuxbury is an insurance underwriter who has worked to bring new insurance companies to Montana and design new...
Feb 14 2020 // As insurers introduce artificial intelligence into pricing and claims handling activities, regulatory focus on disparate impact will grow into “one of the biggest topics of the next 10 years,” a well-known...
Feb 14 2020 // Atlanta, GA, February 14, 2020 — The Specialty Property team at Blue River Underwriters will host an informative webinar on the real estate investor property insurance market and other commercial excess and surplus...
Feb 13 2020 // American International Group reported fourth quarter 2019 net income of $922 million compared to a net loss of $622 million in the prior-year quarter. The results reflected improvement in its closely-watched General...
Feb 13 2020 // Argo Group International Holdings Ltd. is warning that its 2019 fourth quarter will feature some “unacceptable” results, particularly a $114 million underwriting loss. Separately, there are also added expenses...
Feb 13 2020 // Integrity Insurance, a property & casualty carrier headquartered in Appleton, Wisconsin, has promoted Lisa Messerschmidt to commercial lines underwriting manager.Messerschmidt will be responsible for leading a group of...
Feb 11 2020 // Pen Underwriting has announced the appointment of Tom Downey to the role of chief executive officer, subject to regulatory approval.He takes over the leadership of the £500 million (USS$646 million) GWP underwriting...
Feb 10 2020 // Although workers’ compensation results remain strong — and the line continues to outperform all other commercial insurance lines — worries about continued soft pricing and loss reserve levels for...
Feb 10 2020 // The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to fully serve those entities that serve our communities in myriad ways,...
Feb 6 2020 // For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They occurred frequently but rarely resulted in more than a handful of claims, and underwriters priced for...
Feb 5 2020 // To help manage its cyber risk portfolio worldwide, AXA XL has named Elizabeth Benet to the newly-created role of global chief underwriting officer for Cyber. Benet will help the insurer monitor its cyber risk portfolio and...
Feb 5 2020 // California-based specialty insurance holding company K2 Insurance Services is acquiring London-based Pioneer Underwriters.Pioneer will form the cornerstone for a new international platform of K2. This will initially...
Feb 5 2020 // J.M. Wilson has hired Andy Knibloe, as an assistant transportation underwriter in its Portage, Michigan, office.Knibloe is responsible for assisting underwriters on a wide variety of transportation risks, quoting new and...
Feb 4 2020 // Lloyd’s developed the concept of a syndicate-in-a-box (SiaB) to make it easier for innovative capital to enter the market, but there are certain requirements and differences compared to traditional syndicates.The...
Jan 31 2020 // W.R. Berkley Corp. reported that its gross premiums written grew by more than 10 percent in the 2019 fourth quarter, thanks in part to accelerated rate increases.But net income dipped compared to the same period a year...
Jan 29 2020 // Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS.“The second thing that has got to be present for those...