All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 13 2017 // Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of the P&C Insurance Industry 2017. The whitepaper is available from Insurance Journal’s...
Jun 12 2017 // Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last...
Jun 9 2017 // Ryan Specialty Group (RSG) announced that Debra Goldberg has joined RSG’s managing general underwriting company, Sapphire Blue, as chief underwriting officer. Goldberg is based at Sapphire Blue’s headquarters...
Jun 8 2017 // California Insurance Commissioner Dave Jones announced today that the California Department of Insurance has reached a settlement agreement with Berkshire Hathaway subsidiaries to stop what he calls “bait and switch...
Jun 7 2017 // Dallas-based insurance exchange MarketScout, which provides agents with access to specialty markets, has sold its workers’ compensation managing general agency business to Specialty Program Group.MarketScout said it...
Jun 7 2017 // The Main Street America Group has promoted Dan Gaynor to senior vice president, chief underwriting officer.Gaynor, who has been the super-regional property/casualty insurance company’s vice president of commercial...
Jun 5 2017 // The Inland Marine Underwriters Association (IMUA) has approved its 2017 slate of officers, with William Rosa, XL Catlin Re, being re-elected the association’s chair.Also re-elected were Richard Pye, QBE North...
Jun 5 2017 // Private U.S. property/casualty insurers lost big in 2016, reporting a $4.7 billion net underwriting loss driven, in part, by higher catastrophe-related property losses, according to ISO and the Property Casualty Insurers...
Jun 2 2017 // Wanda Becotte will join tKg Wholesale Brokerage as senior underwriter, Small Business Division serving its Southeastern region.Becotte began her insurance career in 2002, working on the retail side for nine years. During...
Jun 1 2017 // Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced the creation of a new contingency and sports personal accident business.The team will be led by Martin Lawson, who will be...
May 30 2017 // Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., hired Dennis Mathies as a senior marine underwriter based in Houston.Mathies will be responsible for expanding the group’s brown...
May 26 2017 // The Hartford has named David Firstenberg as chief underwriting officer for the company’s property/ casualty insurance businesses, replacing Mo Tooker, who was recently named head of The Hartford’s Middle Market...
May 25 2017 // The U.S. property/casualty industry posted a first-quarter 2017 net underwriting loss of $841.5 million, according to preliminary financial results, continuing the industry’s underwriting loss trend seen in 2016.The...
May 25 2017 // Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of the National Insurance Specialty Energy unit.Dekermanji will lead a team of underwriting, risk control and account...
May 23 2017 // Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division.The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report...
May 22 2017 // Lloyd’s managing general agency CFC announced it has formed a partnership with risk management and security consultant, EOS Risk.EOS Risk joins red24 and S-RM on CFC’s panel of security companies that...
May 22 2017 // RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice.Smooth Waters, LLC, serves as a...
May 17 2017 // Anthony Manzitto, chief operating officer of Calabasas, Calif.-based Topa Insurance Group, is resigning at the end of this month to pursue another opportunity, according to a letter from President and CEO John Donahue that...
May 16 2017 // SIU, a division of Alliant Specialty Insurance Services, has opened a Chicago location and tapped Mike Kroman to head up the expansion. SUI specializes in earthquake and flood underwritingSIU, which is based in Glendale,...
May 12 2017 // The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term,...