All the headlines from our Underwriting Topic Page, ordered by recency.
Jan 3 2020 // Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel...
Jan 2 2020 // The news that Berkshire Hathaway was in talks to sell its workers’ compensation unit, Applied Underwriters, caught readers’ attention in February and was easily Insurance Journal’s biggest workers’...
Dec 31 2019 // Fueled by efficiencies introduced by insurtechs and underwriters’ interest in niche classes, the insurance program business has experienced impressive growth the last few years.But heavy interest is also forcing...
Dec 24 2019 // Bermuda-based Sirius International Insurance Group Ltd. announced it is expanding its facultative product offerings in the Asian region to better service its clients, beginning in early 2020. Through its office in...
Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...
Dec 23 2019 // J.M. Wilson has promoted Tim Frawley to senior property/casualty underwriter in the company’s Arlington Heights, Illinois, office.He is responsible for quoting new and renewal accounts for a wide variety of...
Dec 23 2019 // The Hartford became the latest insurance carrier to cut back on business it does with the fossil fuel industry out of concern over climate change.The company announced it will no longer insure or invest in companies that...
Dec 20 2019 // Atlanta, GA, December 20, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, announces the hiring of James D. Skelton, underwriter, to the specialty property program team based in Glen Allen,...
Dec 19 2019 // Liberty Specialty Markets (LSM) has appointed Jennifer Rubin to a newly-created role as senior underwriting executive and head of Terrorism Underwriting in North America. Rubin was formerly senior vice president, head of...
Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020.This announcement follows...
Dec 18 2019 // SafeWaters Underwriting Managers has secured a delegated authority underwriting agreement with Nationwide to provide tailor made yacht insurance products.Products will be written on National Casualty company paper, a...
Dec 18 2019 // Covington, Louisiana-based Fidelis Group Holdings LLC (FGH), a provider of marine insurance coverage and services, has created a new senior management structure for the company and its subsidiaries, Continental...
Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...
Dec 18 2019 // Penn National Insurance President and CEO Christine Sears will transition on January 1 to CEO, and Executive Vice President and Chief Operating Officer Robert B. Brandon will become president on that date.Sears also...
Dec 17 2019 // Performance in the U.S. personal auto insurance market continues to run favorably in 2019, on par with underwriting profits achieved in 2018, according to Fitch Ratings. However segment results for the industry are likely...
Dec 16 2019 // Liberty Mutual Insurance said it will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among corporations.To...
Dec 13 2019 // CoreLogic, a global property analytics provider, has integrated HOVER property measurement and 3D technology into the CoreLogic UnderwritingCenter platform for insurance clients. The integration of HOVER provides carriers...
Dec 13 2019 // Concord Specialty Risk has hired Matthew Edgette as vice president of Tax Insurance Underwriting, where he will take on a leading role in Concord’s Tax Insurance practice. Edgette will be based in New York, N.Y. For...
Dec 13 2019 // J.M. Wilson has promoted Jennifer Councell to senior fleet underwriter in its Portage, Michigan, office.She is responsible for evaluating transportation fleet submissions (11-plus units); quoting new and renewal...
Dec 10 2019 // Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence underwriting effective January 1, 2020 with stamp capacity of...