All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 30 2019 // Appalachian Underwriters, Inc. has hired transportation broker Mary Kidd to focus on large commercial transportation accounts in its Sarasota, Fla., office.Kidd will work with accounts with more than $25,000 in premium,...
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm.Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are...
Apr 25 2019 // Cannasure Insurance Services (Cannasure), a Cleveland, Ohio-based managing general agent and wholesale insurance broker for the cannabis and hemp industries, hired Jenna Keesey as a senior underwriter in its growing MGA...
Apr 24 2019 // We are grateful for friend of the Academy, Chris Burand, President of Burand & Associates, LLC for this timely article. Thanks, Chris!Now, let’s get to his question: Is it really necessary to read forms? Of...
Apr 23 2019 // California’s new insurance commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists.California Insurance Commissioner Ricardo Lara, who put battling climate...
Apr 23 2019 // Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American...
Apr 22 2019 // Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list of re/insurers that have made similar moves.In addition to excluding coal-based projects from its...
Apr 22 2019 // After two consecutive years of combined ratios above 100, the U.S. property/casualty industry returned to a modest statutory underwriting profit in 2018 as catastrophe losses slowed, premium growth accelerated and several...
Apr 15 2019 // American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer of AIG...
Apr 4 2019 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Nicole Lloyd as assistant transportation underwriter in its Westerville, Ohio, office.Lloyd is responsible for assisting underwriters on a wide...
Apr 4 2019 // AXA XL has promoted Jennifer Minors to senior vice president – product line leader in its Bermuda Professional Lines Insurance business.Minors is responsible for managing directors and officers (D&O), professional...
Apr 4 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible...
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker.On...
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
Apr 2 2019 // Boston-based Corvus Insurance, an artificial intelligence (AI)-driven insurtech company offering Smart Commercial Insurance policies, has opened an office in Dallas and hired Greg Wagner as vice president of Cyber...
Apr 1 2019 // Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators...
Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...
Mar 26 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
Mar 21 2019 // SCOR Global P&C announced the following reinsurance appointments, effective April 1, 2019: Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global...
Mar 21 2019 // The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the...