All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 20 2019 // PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new...
Mar 19 2019 // Charlotte, North Carolina, March 19, 2019 – Consolidated Claims Group LLC (CCG), a leading provider of independent claim investigations, announced the acquisition of San Francisco-based Research Specialists Inc. (RSI), a...
Mar 18 2019 // California, a bellwether state in many ways, rang in 2019 with a regulation banning the use of gender in auto insurance underwriting and rating. Prior to this regulation, insurers used gender in California for more than 30...
Mar 15 2019 // Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, announced it has appointed Nick Greggains as CEO of Pioneer’s U.S. operation, effective March 25.Greggains succeeds current U.S. CEO Gene...
Mar 14 2019 // Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S.A new petition by several climate change and...
Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting.Zesty.ai’s technology provides...
Mar 8 2019 // H.W. Kaufman Group and Burns & Wilcox Canada announced they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd. (TRU), a Canadian managing general agent (MGA) with expertise in providing risk...
Mar 5 2019 // Workers’ compensation specialist The MEMIC Group has appointed Beth Austerman to senior production underwriter to support continued growth in the Central and Western New York markets. Austerman has more than 14 years...
Feb 28 2019 // HDI Global Specialty SE, the new specialty lines insurer, has acquired Neon Underwriting’s bloodstock team.The team is led by Mark Edwards, who has been Neon’s head of Specialty and class underwriter...
Feb 27 2019 // In a rare move, Berkshire Hathaway is selling one of its companies, leading workers’ compensation specialist Applied Underwriters, in order to avoid conflict with its other workers’ compensation...
Feb 27 2019 // The U.S. property/casualty industry is expected to report that 2018 was its third consecutive year with an underwriting loss. A new A.M. Best analysis projects an estimated net underwriting loss of $12.1 billion in 2018,...
Feb 27 2019 // QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of US$715 million during 2018, a significant improvement on the cash loss of US$262 million...
Feb 25 2019 // In the conglomerate’s annual report published on Saturday, Berkshire Hathaway’s Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance operations...
Feb 25 2019 // Allstar Underwriters (AUI) has expanded its HO-6 Condo Insurance Program to three additional states. The expansion covers Delaware, New Jersey and Maryland.Through the HO-6 expansion, AUI aims to continue developing...
Feb 25 2019 // Atlanta, GA, February 25, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property group will be presenting an informational webinar on a new investor property...
Feb 22 2019 // Warren Buffett’s Berkshire Hathaway Inc. is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said on Friday.The...
Feb 19 2019 // Antares the Lloyd’s managing agency and member of the QIC Group announced the appointment of Jonathan (Joe) Battle, the current active underwriter, as chief executive officer (subject to necessary regulatory...
Feb 19 2019 // J.M. Wilson has added Jasmine Jefferson as Transportation underwriter in their North Charleston, S.C., office.Jefferson is responsible for underwriting new and renewal commercial transportation business, corresponding with...
Feb 18 2019 // Upgraded Ratings for Northwest G.F. Mutual InsuranceAM Best upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of...