All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 2 2016 // Texas-based workers’ compensation insurer, Service Lloyds Insurance Co., has added Todd Richardson as the business development manager in its Underwriting unit.He is responsible for the overall leadership of the...
May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE.Through its new branch based in Hong Kong,...
May 27 2016 // Towergate Underwriting has formed a Specialty London Markets underwriting division, by hiring two market leading talents in this important and undeveloped specialist opportunity for the group.John Murphy and Glenn Marshall...
May 25 2016 // Liberty International Underwriters, part of Liberty Mutual Insurance, has launched an Automotive Components Product Recall Policy designed to cover first and third party recall expenses. The policy coverage encompasses...
May 23 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City.Allianz Group said...
May 23 2016 // Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games to be postponed or...
May 23 2016 // While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole reported an underwriting loss for the fifth consecutive year in 2015.In...
May 23 2016 // Experts are cautioning insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy.Buyers would be mistaken to...
May 23 2016 // So what is all the buzz about? Lately it is about unmanned aerial vehicles (UAV) or drones, which are emerging as a valuable component in a vast array of American businesses and markets. While UAVs are generally associated...
May 20 2016 // Ryan Specialty Group’s (RSG) ThinkRisk Underwriting Agency has entered into a new underwriting partnership for its Converging Risk program with Lloyd’s of London.ThinkRisk will transition its existing...
May 20 2016 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced the creation of an underwriting capability in Australia. The new hub will operate alongside Enstar’s existing Australian...
May 20 2016 // Ascinsure Specialty Risk has hired David White as underwriting manager and assistant vice president. He is based in Pittsburgh.Within this role, White will manage and oversee underwriting of all new and renewal business....
May 19 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
May 18 2016 // Mathew Reardon Ultra Risk Advisors has hired Mathew Reardon as sales executive for the Northeastern territory. He is based in Boston. Reardon brings more than five years of healthcare professional liability insurance...
May 17 2016 // A.M. Besthas removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from...
May 16 2016 // This week is National Dog Bite Prevention Week (certainly a noble cause). To celebrate this “occasion,” the Insurance Information Institute (I.I.I.) published the most recently available dog-bite...
May 16 2016 // While Zurich Insurance Group’s new chief executive officer believes the insurer is on the right track in terms of growth and profit, the organizational structure remains too complicated, he suggested during an...
May 13 2016 // XL Catlin’s insurance operations announced it has strengthened its energy team globally with four senior hires: Wayne Jacobson, Joseph Tina, Helen Watkinson and Denise Dass-Hewitt.In the Americas, XL Catlin has...
May 10 2016 // Andre Stewart has been named chief underwriting officer for NORCAL Mutual Insurance Co. Stewart joined NORCAL in 2015 as senior vice president of underwriting for custom accounts, where he was responsible for new business...
May 9 2016 // The U.S. property/casualty (P/C) industry marked a third consecutive year of underwriting profitability, with $6.2 billion in underwriting income in 2015. However, the lower level of underwriting income and an 11.2 percent...