Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
What is the Underwriter Thinking?
Jun 5 2019 // Got a really interesting question this week. The essence of it is that the agent has a customer with a homeowners’ policy. The company is planning to renew coverage with the house on Actual Cash Value (ACV), rather...
Hudson, Professionals’ Best Underwriters to Offer Architects & Engineers Program
Jun 5 2019 // Hudson Insurance Group has unveiled a new national architects & engineers professional liability insurance program that will be available exclusively through Professionals’ Best Underwriters. Beginning June 1,...
Szalkay Joins Appalachian Underwriters Brokerage Division in Florida
Jun 3 2019 // Jennifer Szalkay has rejoined Appalachian Underwriters’ Brokerage division in Sarasota, Fla. Now a senior broker, she will be working on specialty casualty and construction accounts in all 50 states. Jennifer...
P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
Jun 3 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results. According to...
International Marine Underwriters Enhances Ocean Cargo Coverage
May 30 2019 // International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has enhanced its ocean cargo policy with new coverages to address the needs of an increasingly global ocean marine market and a redesigned...
Appalachian Underwriters Hires 3 to its Commercial Specialty Division
May 29 2019 // Appalachian Underwriters, Inc. has hired three new underwriters to its Commercial Specialty division. April Cook comes to AUI with background in the underwriting industry, starting as a property and casualty renewal...
GuideOne in Iowa Names Pearson Sr. VP, Chief Underwriting Officer
May 24 2019 // West Des Moines, Iowa-based GuideOne Insurance has appointed Doug Pearson senior vice president and chief underwriting officer. In this role, Pearson is responsible for niche product management, home office underwriting,...
P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
May 21 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results. According to...
Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany
May 21 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines...
Cyber Confusion: What’s Needed to Create a Sustainable Cyber Market
May 20 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
People
May 20 2019 // National Allianz Global Corporate & Specialty (AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head...
Tangram Insurance Services Acquires Assets of Pennsylvania’s GMG Underwriters
May 15 2019 // Tangram Insurance Services Inc., a managing general underwriter and program manager, has purchased the assets of Langhorne, Penn.-based managing general agent, GMG Underwriters (GMGU). The transaction became effective May...
MEMIC Hires Lieberman as Production Underwriter in Pennsylvania, New Jersey
May 15 2019 // Workers’ compensation specialist The MEMIC Group has appointed Ted Lieberman to the role of production underwriter to support continued growth in the Pennsylvania and New Jersey markets. Prior to joining MEMIC,...
CorRisk Solutions Hires Belvedere to Professional Liability Team in New York
May 15 2019 // CorRisk Solutions has hired Donna A. Belvedere to lead its professional liability team. In this role, Belvedere will be based at CorRisk Solutions’ headquarters in Melville, N.Y. She joins CorRisk with more than...
Vacant Property Program Webinar to be Held Wednesday, May 15
May 14 2019 // Atlanta, GA, May 14, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property program group will be presenting an informational webinar on vacant property insurance...
North Carolina-Based Curi Appoints PartnerRe’s Farrelly as SVP of Underwriting
May 13 2019 // Curi, a provider of medical malpractice products and services for physicians, has appointed Sean Farrelly as its new senior vice president of Underwriting. In this role, Farrelly will lead Curi’s underwriting...
UFG Insurance Appoints Donlick as Commercial Lines Underwriting Manager
May 9 2019 // UFG Insurance has appointed David Donlick as commercial lines underwriting manager for its East Coast regional office in Pennington, N.J. Donlick will succeed current assistant vice president and Commercial Lines...
Liberty Mutual Q1 Saw Better Underwriting Results, Strong Specialty Insurance
May 9 2019 // Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $671 million for the three months ended March 31, 2019, an increase of $23 million or 3.5% over the same period in 2018. Consolidated net income...
Bailey Named Surety Underwriting Manager at Iowa’s UFG Insurance
May 8 2019 // Cedar Rapids, Iowa-based UFG Insurance has hired Scott Bailey as surety underwriting manager. He will succeed current surety underwriting manager, Art Fearn, who is retiring after a successful 15-year career with the...
Ihling Promoted to Executive Brokerage Underwriter at J.M. Wilson
May 7 2019 // Managing general agency and surplus lines broker J.M. Wilson has promoted Sherry Ihling to executive brokerage underwriter in its Portage, Michigan, office. Ihling is responsible for underwriting new and renewal accounts...
