Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Maine’s The MEMIC Group Appoints Roberts as Senior Production Underwriter
Sep 27 2019 // Benjamin Roberts has been appointed as a senior production underwriter by workers’ compensation specialist The MEMIC Group to support continued growth in the Vermont market. Roberts, a native of Vermont, previously...
U.S. Private Flood Insurance: The Journey to Build a New Market
Sep 27 2019 // Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood...
AIG Taps Eccles from Argo, Langdon from Chubb for Senior Global Specialty Roles
Sep 26 2019 // American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join AIG as global head of Aerospace, General Insurance. James Langdon will join AIG as...
ClearPath Mutual Hires Sellers as Production Underwriter in Tennessee
Sep 26 2019 // ClearPath Mutual Insurance Co. has appointed Kim Sellers as the company’s first production underwriter. Sellers will be based out of Burns, Tenn., and will handle agents in Kentucky and Tennessee. Kim Sellers As...
Excess & Surplus Market Soars as Standard Carriers, Lloyd’s Drop Accounts
Sep 24 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and surplus lines sector is enjoying its...
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO
Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...
Davis Promoted to Asst. Personal Lines Underwriter at J.M. Wilson
Sep 19 2019 // Managing general agency and surplus lines broker J.M. Wilson has promoted Liam Davis to assistant personal lines underwriter in its Portage, Michigan, office. Davis is responsible for assisting underwriters on a wide...
Breckenridge Insurance Services Continues to Expand With the Hiring of Aaron Patterson as Vice President, Broker
Sep 18 2019 // Atlanta, GA, September 18, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of Aaron Patterson, vice president, broker. Patterson brings a well-rounded commercial insurance sales and underwriting...
Specialty Lines Insurance: Innovating at the Edges of Society and the Economy
Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...
Sentinel Marine Underwriters Hires Chung in New York City, Klein in Baltimore
Sep 16 2019 // Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in...
Today’s E&S Market Is an ‘Overwhelming’ Success
Sep 16 2019 // Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The...
Texas Windstorm Insurer Names Actuarial/Underwriting Committee Members
Sep 12 2019 // The Texas Windstorm Insurance Association has identified appointees to its Actuarial/Underwriting Committee. The committee has historically developed recommendations to the TWIA Board concerning association rate filings,...
Liberty Mutual Appoints Perez as Chief Underwriting Officer, North America
Sep 11 2019 // Liberty Mutual Insurance has appointed David Perez to the post of chief underwriting officer, North America, for its Global Risk Solutions commercial and specialty lines insurer and reinsurer. In this new role, Perez will...
3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures
Sep 10 2019 // Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their...
Fire Sprinkler Contractors Insurance Program Webinar to be Held Tuesday, September 10
Sep 9 2019 // Atlanta, GA, September 9, 2019 — Bob Leonhart and Cricket Thomas, CRIS, both executive vice presidents and program directors at Blue River Underwriters, will host an informative webinar on the Fire Sprinkler Elite...
Transatlantic Underwriters Names Waltenburg President in California
Sep 6 2019 // Transatlantic Underwriters has named Colby Waltenburg president. Waltenburg was previously a vice president. He joined TAU in June and expanded the presence of the company by opening the first West Coast branch, located in...
ArgoGlobal Syndicate 1200 to Exit Asia and Global Hull Underwriting
Sep 4 2019 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced plans to exit Syndicate 1200’s underwriting operations in Asia and most of its hull underwriting business within the syndicate. All existing...
CFC Underwriting Enhances Product Recall Coverages
Sep 4 2019 // CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new extensions include regulatory advisory coverage which addresses the emerging...
AIG’s Su Joins AXA XL as Underwriting Lead for Structured Risk Solutions
Sep 4 2019 // AXA XL, the property/casualty and specialty risk division of AXA, has named Austin Su as U.S. Underwriting Lead of its Structured Risk Solutions (SRS) business. Based in New York, Su joins SRS’ growing global...
First-Half 2019 Records Drop in P/C Insurers’ Underwriting Income; Downgrades Outpace Upgrades: A.M. Best
Sep 2 2019 // The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period, A.M. Best reports. Also, ongoing...
