Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

Underwriters Get Picky and Other Trends in Construction Insurance

Aug 19 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts.According to specialists interviewed by Insurance Journal for their...

AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper

Aug 19 2019 // The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019, according to new data from Juniper Research.This growth will be...

AXA XL Adds Zurich’s Arezes as Senior Underwriter for Large Property in Canada

Aug 16 2019 // AXA XL has added Jennifer Arezes to its property insurance team in Canada. Arezes is based in Toronto and will work alongside Ian Rutherford, head of Property, Canada and Urs Uhlmann, CEO and country manager AXA XL, Canada...

Empire Underwriters Expands Workers Comp Coverage to Various Trucking Classes

Aug 12 2019 // Empire Underwriters, a leading national insurance wholesaler, excess and surplus lines facility and program manager has released a new workers comp program for truckers, tow truck operators, and delivery companies backed...

SterlingRisk Insurance Hires Wu as Assistant Production Underwriter in New York

Aug 9 2019 // SterlingRisk Insurance, an independently owned insurance brokerage based in New York, has hired Katrina Wu as assistant production Underwriter. A licensed property & casualty broker and licensed life, accident &...

Empire Underwriters Expands Programs into Hawaii

Aug 9 2019 // Empire Underwriters, an MGA, surplus lines broker and wholesaler in business insurance underwriting and services, has launched new programs available in the State of Hawaii.The new programs include its Main Street Workers...

AIG’s P/C Business Delivers on CEO’s Underwriting Promise

Aug 8 2019 // American International Group (AIG) President and CEO Brian Duperreault has insisted that the insurer’s General Insurance unit will produce an underwriting profit for all of 2019, after a decade of losses. His promise...

California Insurance Commissioner’s Applied Underwriters Decision Challenged over Campaign Contributions

Aug 7 2019 // A pair of companies has filed to overturn decisions by California Insurance Commissioner Ricardo Lara in cases involving workers’ comp provider Applied Underwriters, alleging the decisions by Lara were swayed by...

Property Insurance Veteran Stephen Manahan Joins Blue River Underwriters

Aug 7 2019 // Atlanta, GA, August 7, 2019 — Stephen Manahan has joined the Specialty Property Program team of Blue River Underwriters, part of Breckenridge Insurance Group, as vice president, underwriting. Manahan brings more than 25...

Berkshire Hathaway’s Insurance Underwriting Profit Fell in Q2

Aug 5 2019 // Giant conglomerate Berkshire Hathaway saw its total insurance underwriting profit in the second quarter fall 63% to $353 million from $943 million in the second quarter of last year.Compared to the same period last year,...

People

Aug 5 2019 // The Vertafore technology users network, NetVU, has named Linda Dodson as executive director. Dodson’s career has included work in an insurance agency and with agency carriers. She began her insurance career with Rand...

Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO

Aug 1 2019 // Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS.Andrew Dolphin has been appointed director of Underwriting – London, replacing Megan McConnell who is relocating to...

J.M. Wilson Hires Boyer as Transportation Underwriter in Ohio

Jul 31 2019 // Managing general agency and surplus lines broker, J.M. Wilson, has added Molly Boyer as transportation underwriter in its Westerville, Ohio, office. Boyer is responsible for underwriting new and renewal non-fleet...

CFC Underwriting Taps Francis from Aon/Stroz Friedberg as Cyber Claims Director

Jul 26 2019 // CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber Claims director. Francis will lead CFC’s cyber claims and incident...

Ensurance Expands Terrorism, Sabotage Coverage to US; Hires 2 New Underwriters

Jul 24 2019 // Ensurance, the specialist MGA and Lloyd’s of London Coverholder, has launched a new terrorism and sabotage insurance offering for the U.S. market. The product will support the U.S. property market and is backed by an...

J.M. Wilson Promotes Tucker-Lorenz to Surety Underwriter in Indiana

Jul 24 2019 // J.M. Wilson has promoted Shelly Tucker-Lorenz to surety underwriter in its Carmel, Indiana, office.With this new role, she is responsible for underwriting new and renewal commercial and contract bonds, corresponding with...

Botti Promoted to Assistant Fleet Underwriter at J.M. Wilson in Michigan

Jul 23 2019 // J.M. Wilson has promoted Stephen Botti to assistant fleet underwriter in its Portage, Michigan, office.Botti is responsible for assisting underwriters on a wide variety of commercial transportation risks, as well as...

Sage Program Underwriters Offers Workers’ Comp for Shooting Sports Industry

Jul 23 2019 // Sage Program Underwriters has launched a new national workers’ compensation program for the shooting sports industry. The exclusive program targets all aspects of the industry including: Indoor & outdoor...

Legacy Acquisition Firm DARAG Buys UK Insurer, The Underwriter

Jul 22 2019 // DARAG Group Ltd., a Malta-based legacy acquirer, announced the acquisition of The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off. The transaction will be completed through DARAG Deutsche Versicherungs-und...

Berkshire Hathaway’s Applied Underwriters Settles Workers’ Comp Dispute with New York

Jul 19 2019 // Berkshire Hathaway subsidiary Applied Underwriters will voluntarily halt the selling of a reinsurance-based, loss-sensitive workers’ compensation product in New York under an agreement with the state regulator who...