All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 7 2015 // Times are good for surplus lines professionals.The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M....
Sep 3 2015 // Dallas, TX, September 3 2015- U.S. Risk Insurance Group, Inc. (www.usrisk.com), the sixth largest managing general agency and surplus lines wholesaler in the nation, announced they have entered into an agreement involving...
Sep 2 2015 // ACE Group announced six appointments to its ACE Global Markets (AGM) and ACE Overseas General (AOG) energy teams. All appointments are based in London and are effective immediately.Matthew Hardy has been appointed product...
Sep 1 2015 // Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of Lloyd’s...
Aug 31 2015 // Hamilton Underwriting Limited, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has hired Trevor Carvey as head of treaty.Carvey will report to Dermot O’Donohoe, chief...
Aug 28 2015 // Concord Specialty Risk, a New York City-based managing general underwriter and underwriting agent for a number of carriers and a series of RSG Underwriting Managers LLC, specializing in providing transactional risk...
Aug 27 2015 // Continental Underwriters, a Richmond, Virginia-based managing general agency/wholesaler specializing in the placement of insurance for lumber and forest products operations, hired Corey Bounds as loss control director and...
Aug 25 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of global specialty insurance group ANV, has appointed Christina Lippert as professional lines underwriting manager for Europe.Based in...
Aug 24 2015 // CNA has appointed Julie Stephenson as senior vice president and chief underwriting officer for CNA Commercial. In this role, Stephenson will be responsible for underwriting oversight and governance for all business written...
Aug 21 2015 // Insurance underwriters claim they shouldn’t be responsible for reimbursing a charity for payouts to golf fans for two holes-in-one made during the PGA Tour’s Greenbrier Classic in White Sulphur Springs, West...
Aug 21 2015 // Shariah-compliant managing general agent Cobalt Underwriting has been selected as the insurer of preference for the proposed London Paramount Entertainment Resort in Kent, England.Valued at £3 billion ($4.6 billion), the...
Aug 20 2015 // Federal health insurance reforms may cause a major disruption in the group insurance market, according to the Texas Association of Health Underwriters, a professional association of insurance agents and brokers who focus...
Aug 20 2015 // Allied American Underwriters, a subsidiary of USG Insurance Services Inc., announced that it acquired the renewal rights on several books of business from Jacksonville, Florida-based US Assure.The terms of the acquisition...
Aug 19 2015 // Pictured left to right: Michael Mahoney and Susan DoyleAtlanta, GA, August 19 2015 — As part of the growth plans for its Auto Dealer and United States Longshoreman & Harbor Workers Act (USL&H) insurance programs,...
Aug 13 2015 // Westbrook, CT, August 13, 2015- Maritime Program announces three new hires to their recreational marine division; naming Roger Carbonier as a Vice President and Director of Recreational Marine, Michael Luu as Commercial...
Aug 11 2015 // Managing general agency and surplus lines broker J.M. Wilson has hired Sarah Schell in its Arlington Heights, Illinois, office as transportation underwriter. Schell will quote new and renewal commercial transportation...
Aug 11 2015 // A new report from UK-based financial marketing and consulting firm Finaccord concludes that “affinity schemes for commercial lines insurance in the UK are on the rise as brokers and underwriters strive to grow market...
Aug 11 2015 // R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent...
Aug 10 2015 // Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico.Net income dropped 37 percent to $4.01...
Aug 10 2015 // The property/casualty insurance industry has made money on its personal lines underwriting since 2013 but that is likely to change in 2015. At the same time, commercial auto insurance should still make an underwriting...