All the headlines from our Underwriting Topic Page, ordered by recency.
Nov 22 2019 // Atlanta, GA, November 22, 2019 — The specialty property program team at Blue River Underwriters, a Breckenridge Insurance Group company, welcomed Jamey Schoenhard, underwriter, to the team and opened a new office in Glen...
Nov 21 2019 // Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as well as their bottom lines, a recent analysis from Deloitte asserts.“The escalating...
Nov 21 2019 // Liberty Mutual Insurance has appointed Max Libman as lead underwriting consultant for its national Sharing Economy & New Mobility unit.The dedicated Sharing Economy & New Mobility practice was launched earlier this...
Nov 18 2019 // Portage, Michigan-based managing general agency and surplus lines broker, J.M. Wilson, has added Jim Walsh as a marine underwriter. He will be responsible for working with marine carriers and agents for both commercial and...
Nov 18 2019 // Marine and construction broker Jonny Young had no idea three years ago that an internship he was required to complete to graduate college would lead to a career in insurance.But after just three weeks interning with...
Nov 15 2019 // Pioneer Underwriters has decided to put its Lloyd’s Syndicate 1980 into run-off after completing an examination of “strategic and capital options for 2020.”Pioneer said it will be working with Asta, the...
Nov 14 2019 // Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh...
Nov 13 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has hired a team of eight underwriters to its Specialty Brokerage division.All eight previously worked together at Hanover Insurance under Mark...
Nov 8 2019 // Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three...
Nov 6 2019 // Hamilton Insurance Group Ltd. announced the launch of a new team of underwriters at the recently acquired Pembroke Managing Agency Ltd. and the development of a new cyber product.Pembroke’s four-person cyber team is...
Nov 5 2019 // On October 17th, the Insurance Journal hosted a virtual, 6 hour, live summit on insuring the cannabis industry. With 2,300 pre-registrants, an additional 200 joined in as the day progressed. These viewers represented over...
Nov 5 2019 // Note: This story has been updated with a response from an Applied spokesman describing the actions by the California Department of Insurance as “an unusual Draconian attempt.”A San Mateo County Superior Court...
Nov 5 2019 // AccuRisk Solutions LLC has completed its acquisition of M-D Underwriting Services, Inc. (MDU), a Franklin, Tenn.-based medical stop loss MGU. AccuRisk CEO Dan Boisvert said the company will add MDU President and Cathy...
Nov 1 2019 // Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses.AIG said that its General Insurance unit...
Nov 1 2019 // Specialist insurer Beazley has appointed Matthew Westhoff as head of U.S. large commercial property based in New York.Reporting to Beazley’s global head of commercial property, Simon Jackson, Westhoff will manage the...
Oct 31 2019 // Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state...
Oct 30 2019 // Global insurer Chubb reported a banner 2019 third quarter, even though the company’s net income took a hit largely from losses relating to an accounting adjustment.Net income for the insurer reached $1 billion...
Oct 30 2019 // Specialist insurer Beazley has appointed Hannah Smith as a miscellaneous medical underwriter within its U.S. healthcare team.Based in Atlanta, Ga., Smith will underwrite a range of miscellaneous medical professional...
Oct 30 2019 // “The industry really does look to specialty writers to be at the forefront of innovation,” says Gail McGiffin.Specialty insurance carriers have a unique “toolset” that helps them grow through...
Oct 29 2019 // Accredited Surety and Casualty Co. Inc., a Florida-domiciled insurance company licensed to write admitted business in all 50 states, has entered into a new program partnership with M.G. Skinner & Associates Insurance...