All the headlines from our Underwriting Topic Page, ordered by recency.
Jan 25 2017 // For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development.The period produced a...
Jan 25 2017 // W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward, Insurance Journal can reveal.W/R/B Underwriting, the...
Jan 23 2017 // Insurers and customers alike are increasingly embracing the Internet of Things (IoT) for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could create problems that...
Jan 19 2017 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has named Henning Haagen northeast zone executive for North America in addition to his current role as global head of...
Jan 18 2017 // CNA said it has appointed Andy Lea as vice president of commercial underwriting for Errors & Omissions (E&O), Cyber and Media in the company’s commercial unit. In this role, Lea will manage the strategic...
Jan 12 2017 // Pioneer Underwriters (Pioneer) has launched its new Miscellaneous, Technology and Cyber Liability unit with the appointment of David Lucey as vice president to lead the new team.Lucey will report directly to Gene Hinman,...
Jan 12 2017 // The New York Brick & Brownstone program offered by Distinguished Programs, a national real estate insurance program manager, is now being underwritten by Zurich.The NY Brick & Brownstone program is designed for...
Jan 11 2017 // Argo Surety, a Houston-based member of Argo Group International Holdings Ltd., has appointed David M. Layman as vice president and chief underwriting officer (CUO) of Contract Surety.Layman will be responsible for managing...
Jan 10 2017 // Everest Insurance has continued the expansion of its property underwriting team with several Eastern region hires.Patrick Mulready has been appointed vice president of the Everest Wholesale Property Division based in...
Jan 9 2017 // Everest Insurance has expanded its property underwriting team with several key hires in the retail, wholesale and inland marine areas.According to the insurer, joining the Everest Wholesale Property team are: Patrick...
Jan 9 2017 // ICAT Syndicate 4242 at Lloyd’s, a U.S. catastrophe-exposed property underwriter, and Neon, a specialist Lloyd’s underwriter, have partnered in a reciprocal capacity arrangement to bring additional per risk...
Jan 9 2017 // Insurance carriers and agents have come to learn that increased data can lead to greater risk for insureds, and they are increasingly advising businesses to disclose data collection practices while seeking to gain...
Jan 9 2017 // Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a...
Jan 9 2017 // Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak will serve in 2017 as president-elect of the National Association of Insurance Commissioners (NAIC), the nation’s insurance...
Jan 5 2017 // Cranbrook Underwriters, an H.W. Kaufman Financial Group company, announced the relocation of its London offices to One Minster Court, Mincing Lane, London EC3R 7AE, U.K., in the heart of London’s financial...
Jan 5 2017 // Collinson Group, the London-based provider of insurance and assistance solutions, has appointed Saugata Basu as chief underwriting officer.In his role, Basu will partner with the group’s capacity providers to develop...
Jan 4 2017 // AXON Underwriting Services LLC, a program administrator and service provider based in Somerville, N.J., has hired David McMillan as an underwriting manager.He joins the firm in order to further develop its growing...
Jan 4 2017 // Velocity Risk Underwriters has expanded its Florida home insurance products and is now writing coastal homeowners policies statewide. Velocity offers an A.M. Best “A” rated coastal homeowners program through...
Jan 3 2017 // New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people...
Dec 30 2016 // On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the...