All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 7 2025 // Old Bridge, NJ March 07, 2025 – FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier provider of flood insurance solutions. This strategic move strengthens FTP’s commitment to...
Mar 6 2025 // After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for the year for all property/casualty lines it writes.The improvement from a 110.8 in 2023 and...
Mar 5 2025 // This post is part of a series sponsored by Old Republic Surety.Construction accounting is complex. Getting guidance on the expected time and capital investment, as well as a clear understanding of the role of a CPA in...
Mar 3 2025 // After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss for 2024—but narrowed it thanks to its auto insurance results.State Farm reported a 2024...
Feb 28 2025 // Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3.In his new role, Faynberg will have executive...
Feb 25 2025 // This edition of International People Moves details appointments at Markel and Specialty MGA UK.A summary of these new hires follows here. Markel Taps Johnson From Travelers as Senior U/W, Transport and LogisticsMarkel, the...
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection.A report from industry rating agency AM Best this week said U.S. P/C...
Feb 18 2025 // This post is part of a series sponsored by Old Republic Surety.Construction accounting is complex. Getting guidance on the expected time and capital investment, as well as a clear understanding of the role of a CPA in...
Feb 13 2025 // This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK.A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director...
Feb 12 2025 // American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting income was down 29% on high catastrophe losses.AIG said the dramatic...
Feb 11 2025 // This post is part of a series sponsored by Old Republic Surety.Many commercial contractors have experienced the stress caused by the surety requiring them to obtain a financial statement prepared by a certified public...
Feb 11 2025 // Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and expertise across the UK and Ireland.Under the central...
Feb 5 2025 // DOXA Expands Executive Leadership TeamDOXA, headquartered in Fort Wayne, Indiana, hired five new executive leadership team members. Matt Bishop joined the team as head of operating entities and business verticals. He has...
Feb 4 2025 // This post is part of a series sponsored by CoreLogic.An insurance organization is composed of so many little pieces — a multitude of workflows that come together to form a cohesive operation. And it all starts with...
Feb 4 2025 // Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P.Based in Nashville, Tennessee, Velocity is a...
Feb 4 2025 // The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a...
Jan 29 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Jan 29 2025 // Ignite Specialty Risk Names Patel as US Head of Intellectual Property UnderwritingIgnite Specialty Risk, headquartered in London, appointed Ankit Patel as U.S. head of intellectual property (IP) underwriting. With more...
Jan 29 2025 // Brooks Insurance hired Tiffani Ann Garabedian as senior vice president of underwriting.Garabedian is based in Los Angeles. Garabedian has nearly 20 years of insurance industry experience, most recently serving as a...