Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Transatlantic Underwriters Expands Into Property, Liability Coverage, Names Flores SVP
Apr 22 2025 // Transatlantic Underwriters, a specialized wholesale brokerage for trucking and transportation insurance, is making a limited move into broader property-casualty coverage. The Marietta, Georgia-based firm, founded in 1989,...
Business Moves: Applied Underwriters Completes Spin-Off of United Risk
Apr 21 2025 // Applied Underwriters has spun-off United Risk as an independent, stand-alone operating company. United Risk, which was announced in November 2023, is a global property/casualty underwriting platform comprised of 28...
Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment?
Apr 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...
New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting
Apr 18 2025 // The New Hampshire Insurance Department (NHID) has issued a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems to assess automobile damage. That guidance came in response to a...
People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany
Apr 17 2025 // Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior...
People Moves: Markel Promotes Brooke to Senior Underwriter of War and Terrorism; BHSI Promotes Kidd to Newly Created Role of Head of Underwriting in Europe
Apr 10 2025 // Markel Promotes Brooke to Senior Underwriter of War and Terrorism Markel, the insurance operations within Markel Group Inc., announced that Matthew Brooke has been promoted to senior underwriter, War and Terrorism,...
Markets/Coverages: MGA Helix Underwriting Launches Professional Lines Program
Apr 9 2025 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed by Somers Re, the Bermuda-based program is...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
Gen AI Is Shaking Up Underwriting, but Can it Replace Human Judgment?
Mar 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...
Berkshire, Progressive Are Underwriting Profit Leaders; Industry Sets Income Record
Mar 12 2025 // S&P Global Market Intelligence expects the U.S. property/casualty insurance industry to post more than $100 billion of net income for 2024—and that the biggest underwriting profits contributing to the figure will...
US P/C Industry Improves Despite 2024 Underwriting Loss: Changes in Personal Lines Segment Driver of Expected Improvement
Mar 10 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, most notably in the personal lines sector. A report from industry...
FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters
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...
AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years
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...
Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part III
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...
State Farm 2024 Underwriting Losses Shrink on Auto Results
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...
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers
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. Alex Faynberg In his new role, Faynberg will...
People Moves: Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics; Specialty MGA UK Hires 2 Energy Underwriters
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 Logistics Markel,...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
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,...
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss
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...
