Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
2019 Insurance Industry Meetings & Conventions Directory
Jan 7 2019 // 2019 CIWA Industry Days Jan 6-8 Hilton La Jolla Torrey Pines La Jolla, CA CIWA www.ciwa.net 2019 Big ‘I’ Winter Meeting Jan 9-12 Hyatt Regency St. Louis at the Arch St. Louis, MO Independent Insurance Agents...
Mixing Up Occupancy for Commercial and Residential Properties
Jan 4 2019 // There is a trend in residential construction to build condominium communities that go beyond the traditional amenities we’re used to. We are accustomed to work out rooms, pools, game rooms and the like in...
R&Q’s EU Program Manager, Accredited, Forms Partnership with CPD Underwriting
Jan 3 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with CPD Underwriting Solutions Ltd.,...
Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business
Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which generated more than £150...
Commercial Auto: An Old Dog Up to New Tricks
Dec 28 2018 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance
Dec 21 2018 // In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability...
Neon Underwriting Promotes Butt to CEO, Washington to Managing Director
Dec 21 2018 // Neon Underwriting Ltd. (NUL), Neon’s Lloyd’s managing agency, announced the promotions of Theo Butt to chief executive officer and Matthew Washington to managing director with immediate effect. The appointments...
UK MGA Nexus Acquires Hiscox Global Flying
Dec 20 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that...
People
Dec 17 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Michael Power as a principal. Power will be based in Frenkel’s New York, N.Y., office and report to Phil Remig, the...
People
Dec 17 2018 // Cincinnati, Ohio-based American Financial Group Inc. (AFG) hired Anthony W. Dunn as vice president, overseeing the internal audit function for the company and its subsidiaries. Dunn has 20 years of experience in the...
Massachusetts’ Energi Names Windstein Chief Underwriting Officer
Dec 10 2018 // Energi, the Peabody, Mass.-headquartered parent company for Energi Insurance Services Inc., has named Michael Windstein as chief underwriting officer. In this role, Windstein will support Energi’s underwriting...
WKFC Underwriting Managers, CorRisk Solutions Hire Girardi
Dec 4 2018 // WKFC Underwriting Managers and CorRisk Solutions have hired Joseph Girardi as senior vice president of specialty casualty. Girardi joins WKFC and CorRisk with more than 30 years of experience in the commercial insurance...
Insurance Brokers Sharing in the Sharing Economy
Dec 3 2018 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
Imagery and Artificial Intelligence in Wildfire Risk
Dec 3 2018 // Fires across North America in 2018 have continued the pattern of extreme destruction established by significant insured loss events in both Northern and Southern California last year and the 2016 disasters in Alberta and...
Beazley Adds QBE’s Lever to Marine Underwriting Team in Houston
Nov 30 2018 // Beazley has appointed Reese Lever as a U.S. marine underwriter for the Southwest region. Reese joins Beazley’s office in Houston, Texas, from QBE where he was a vice president, marine, based in the same city. A...
J.M. Wilson Promotes Silverman to Transportation Underwriter in South Carolina
Nov 30 2018 // J.M. Wilson has promoted Cassandra Silverman to Transportation underwriter in its North Charleston, S.C., office. Silverman is responsible for underwriting new and renewal business, corresponding with carrier underwriters,...
J.M. Wilson Adds Henard as Commercial Bond Underwriter in Indiana
Nov 29 2018 // Managing general agency and surplus lines broker J.M. Wilson has hired Aimee Henard as a commercial bond underwriter in its Carmel, Indiana, office. Henard is responsible for underwriting new and renewal commercial and...
NAS Insurance Names Jacobs to Lead Underwriting Operations
Nov 28 2018 // NAS Insurance has named Jeff Jacobs to lead its Underwriting Operations. He is based in Chicago. Jacobs previously worked to establish NAS insurance’ regional operations in Chicago, New York and Atlanta. This new...
J.M. Wilson Announces Promotions, New Hires in Transportation Unit
Nov 27 2018 // Managing general agency and surplus lines broker, J.M. Wilson, has made a number of personnel changes in its transportation department with promotions and new hires in the Midwest. Josh Mauk was promoted to senior...
Texas’ Hochheim Mutual Insurers Removed From Credit Watch Negative
Nov 19 2018 // S&P Global Ratings has removed Texas-based Hochheim Prairie Farm Mutual Insurance Assn. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC, collectively Hochheim) from Credit Watch Negative,...
