Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
P/C Industry Posts $4.7B Net Underwriting Loss in 2016
Jun 5 2017 // Private U.S. property/casualty insurers lost big in 2016, reporting a $4.7 billion net underwriting loss driven, in part, by higher catastrophe-related property losses, according to ISO and the Property Casualty Insurers...
tKg Wholesale Brokerage Taps Becotte as Senior Underwriter for Small Business in Southeast
Jun 2 2017 // Wanda Becotte will join tKg Wholesale Brokerage as senior underwriter, Small Business Division serving its Southeastern region. Becotte began her insurance career in 2002, working on the retail side for nine years. During...
Dale Underwriting Offers Contingency & Sports Personal Accident Cover; Syndicate Support Extended
Jun 1 2017 // Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced the creation of a new contingency and sports personal accident business. The team will be led by Martin Lawson, who will be...
Mathies Joins Fidelis in Houston as Sr. Marine Underwriter
May 30 2017 // Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., hired Dennis Mathies as a senior marine underwriter based in Houston. Mathies will be responsible for expanding the group’s brown...
The Hartford Names Firstenberg P/C Insurance Chief Underwriting Officer
May 26 2017 // The Hartford has named David Firstenberg as chief underwriting officer for the company’s property/ casualty insurance businesses, replacing Mo Tooker, who was recently named head of The Hartford’s Middle Market...
P/C Insurance Industry Again Reports Underwriting Loss in Q1
May 25 2017 // The U.S. property/casualty industry posted a first-quarter 2017 net underwriting loss of $841.5 million, according to preliminary financial results, continuing the industry’s underwriting loss trend seen in 2016. The...
Liberty Mutual Appoints Dekermanji Chief Underwriter for Specialty Energy
May 25 2017 // Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of the National Insurance Specialty Energy unit. Dekermanji will lead a team of underwriting, risk control and account...
MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus
May 23 2017 // Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will...
Underwriting Agency, CFC, Partners with Kidnap Response Expert EOS Risk
May 22 2017 // Lloyd’s managing general agency CFC announced it has formed a partnership with risk management and security consultant, EOS Risk. EOS Risk joins red24 and S-RM on CFC’s panel of security companies that...
RSG Underwriting Managers Forms Marine Consultancy, Claims Firm
May 22 2017 // RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice. Smooth Waters, LLC, serves as a...
COO Manzitto to Resign from Topa in California
May 17 2017 // Anthony Manzitto, chief operating officer of Calabasas, Calif.-based Topa Insurance Group, is resigning at the end of this month to pursue another opportunity, according to a letter from President and CEO John Donahue that...
SIU Taps Kroman to Lead New Chicago Office
May 16 2017 // SIU, a division of Alliant Specialty Insurance Services, has opened a Chicago location and tapped Mike Kroman to head up the expansion. SUI specializes in earthquake and flood underwriting SIU, which is based in Glendale,...
Medical Professional Insurance Market in Good Health for Now: A.M. Best
May 12 2017 // The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term,...
Highmark Insurance of Florida Names Drake Underwriting Manager
May 12 2017 // Highmark Insurance, a Melbourne, Fla.-based leading provider of business and commercial insurance, general liability and workers’ compensation, has named Darrell Drake as underwriting manager. In his new position,...
Allianz Global Corporate & Specialty Partners with Insurtech Firm to ID Liability Risks
May 11 2017 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based insurtech analytics firm, to better predict key catastrophe liability...
How AIG Woes Hurt U.S. Commercial Lines Results: Fitch
May 10 2017 // While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear deterioration due to weakening premiums and poor loss experience. What’s more,...
Venture Programs Adds Baker as Underwriter for South, Central U.S.
May 10 2017 // Venture Programs, national insurance program administrator based in West Chester, Pa., has hired Diane Baker as regional underwriter for the company’s U.S. south and central regions. As regional underwriter, Baker...
Hiscox Taps Sompo’s Szakmary to Lead Bermuda Underwriting; Smith to Lead Specialty at Hiscox Re
May 4 2017 // Specialist global insurer Hiscox has announced the appointment of Adam Szakmary as director of underwriting for Hiscox Insurance Company Bermuda, subject to immigration and regulatory approval. Szakmary replaces Damien...
RIC in Nevada Names Watson Transportation Underwriting Manager
May 2 2017 // RIC Insurance General Agency has named Jim Watson transportation underwriting manager. He is based in Reno, Nev. Watson worked as a commercial auto product manager at Capital Insurance Group prior to joining RIC. He was...
ArgoGlobal Appoints Montellier as Yacht Underwriter
May 1 2017 // ArgoGlobal announced the appointment of Karen Montellier as yacht underwriter. She takes up the role with immediate effect and will report to Michael Thompson, hull and yacht class underwriter. Montellier brings more than...
