Latest Underwriting Headlines

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

We Need Your Voice

Jan 16 2019 // I remember very clearly the conversation that launched me on the path that brought me to this blog, the Academy and all that comes with them (typing at my stand-up desk in my office in the top-secret Academy of Insurance...

Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead

Jan 16 2019 // Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report.The market improvement was driven by the...

Verisk Launches Black Box 3 Solution to Enhance Medical Underwriting

Jan 14 2019 // Verisk, the Jersey City, N.J.- based data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, which helps insurers make underwriting decisions for...

AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting

Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities.AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...

eSURETY® Recognized as a Top Surety Underwriting Platform

Jan 9 2019 // Ponte Vedra, FL, January 9, 2019 – eSURETY® is in the list of Top 10 Underwriting Solution Providers 2018 by Insurance CIO Outlook who publishes an annual listing of companies that are at the forefront of providing...

CorPro Underwriting Managers Expands AIG Management Liability Offering

Jan 8 2019 // CorPro Underwriting Managers has expanded its availability of several new key coverage enhancements under the Private Edge Plus and Not-for-Profit Risk Protector products (directors and officers, employment practices,...

Hamilton Underwriting Taps Vetch from W.R. Berkley as CFO, Replacing Barrett

Jan 7 2019 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Robert Vetch has joined the agency as chief financial officer.Reporting to CEO...

People

Jan 7 2019 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...

2019 Insurance Industry Meetings & Conventions Directory

Jan 7 2019 // 2019 CIWA Industry DaysJan 6-8 Hilton La Jolla Torrey PinesLa Jolla, CACIWAwww.ciwa.net2019 Big ‘I’ Winter MeetingJan 9-12 Hyatt Regency St. Louis at the ArchSt. Louis, MOIndependent Insurance Agents &...

Mixing Up Occupancy for Commercial and Residential Properties

Jan 4 2019 // There is a trend in residential construction to build condominium communities that go beyond the traditional amenities we’re used to. We are accustomed to work out rooms, pools, game rooms and the like in...

R&Q’s EU Program Manager, Accredited, Forms Partnership with CPD Underwriting

Jan 3 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with CPD Underwriting Solutions Ltd.,...

Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business

Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment.The acquired business, which generated more than £150...

Commercial Auto: An Old Dog Up to New Tricks

Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...

Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance

Dec 21 2018 // In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability...

Neon Underwriting Promotes Butt to CEO, Washington to Managing Director

Dec 21 2018 // Neon Underwriting Ltd. (NUL), Neon’s Lloyd’s managing agency, announced the promotions of Theo Butt to chief executive officer and Matthew Washington to managing director with immediate effect.The appointments...

UK MGA Nexus Acquires Hiscox Global Flying

Dec 20 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that...

People

Dec 17 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Michael Power as a principal.Power will be based in Frenkel’s New York, N.Y., office and report to Phil Remig, the...

People

Dec 17 2018 // Cincinnati, Ohio-based American Financial Group Inc. (AFG) hired Anthony W. Dunn as vice president, overseeing the internal audit function for the company and its subsidiaries.Dunn has 20 years of experience in the...

Massachusetts’ Energi Names Windstein Chief Underwriting Officer

Dec 10 2018 // Energi, the Peabody, Mass.-headquartered parent company for Energi Insurance Services Inc., has named Michael Windstein as chief underwriting officer.In this role, Windstein will support Energi’s underwriting...

WKFC Underwriting Managers, CorRisk Solutions Hire Girardi

Dec 4 2018 // WKFC Underwriting Managers and CorRisk Solutions have hired Joseph Girardi as senior vice president of specialty casualty.Girardi joins WKFC and CorRisk with more than 30 years of experience in the commercial insurance...