Insurance Journal

JULY 24, 2024

Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe as vice president, package lines underwriting. Shaver most recently was a small business leader for Chubb Insurance. She also previously …

Underwriting 263

Underwriting Underwriter Commercial Insurer 263

Insurance Journal

NOVEMBER 13, 2024

commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports indicates further deterioration in the first half of 2024. Despite targeted underwriting initiatives, including raising premiums to match the rising … After the U.S.

Auto Insurance 246

Auto Insurance Commercial Underwriting Underwriter 246

Insurance Journal

NOVEMBER 17, 2024

Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net written premiums (NWP), according to the Insurance Information Institute (Triple-I), an …

Commercial 245

Commercial Auto Insurance Underwriting Underwriter 245

Insurance Journal

AUGUST 1, 2024

JM Wilson, headquartered in Portage, Michigan, added new members to its transportation underwriting team. Olga Jaquet was promoted to senior transportation underwriter, responsible for underwriting new and renewal commercial transportation risks and working with carrier underwriters and independent insurance agents …

Underwriting 203

Underwriting Underwriter Insurance Agent Insurance Agents 203

Insurance Journal

NOVEMBER 22, 2024

This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. Markel Taps AEGIS London’s Pressman as Senior Underwriter, Marine Cargo Markel, the insurance operations within Markel Group … A summary of these new hires follows.

Underwriting 246

Underwriting Underwriter Marine Commercial 246

Insurance Journal

OCTOBER 3, 2024

Starwind Specialty Insurance Services, headquartered in New York City, named Kirk Conrad as chief underwriting officer. Conrad, based in Dallas, has over two decades of experience across multiple industry sectors, spanning roles in commercial and personal lines, risk management and …

Underwriting 214

Underwriting Underwriter Commercial Risk 214

Insurance Journal

JANUARY 17, 2025

The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over the next 2 years. According to a report from …

Underwriting 264

Underwriting Underwriter Insurance Industry Commercial 264

Insurance Journal

JULY 31, 2024

The deconsolidation and divestitures from last year affected AIG’s general insurance underwriting income, … The formal split of its life and retirement business Corebridge Financial resulted in a second quarter net loss of nearly $4 billion for American International Group (AIG).

Underwriting 246

Underwriting Underwriter Insurer Insured 246

Insurance Journal

OCTOBER 2, 2024

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …

Agents 290

Agents Commercial Underwriting Underwriter 290

Insurance Journal

OCTOBER 20, 2024

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D. Power 2024 …

Commercial 162

Commercial Commercial Insurance Agents Underwriting 162

Insurance Journal

SEPTEMBER 16, 2024

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting. Lillelund Named CEO of AGCS and Allianz Commercial Allianz Global … A summary of these new hires follows here.

Underwriting 243

Underwriting Underwriter Commercial 243

Insurance Journal

JULY 14, 2024

By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since first-quarter 2007. Translating to …

Casualty Insurance 240

Casualty Insurance Underwriting Underwriter Liability 240

Insurance Journal

OCTOBER 9, 2024

Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin underwriting in 2025. It has set up a Spanish branch of Munich Re Risk Solutions Ireland Ltd., which holds regulatory …

Underwriting 261

Underwriting Underwriter Commercial Insurer 261

Insurance Journal

AUGUST 19, 2024

Houston’s Skyward Specialty Insurance Group announced it is launching an aviation program in partnership with Acceleration Aviation Underwriters. The partnership between Skyward Specialty and Acceleration Aviation introduces a robust program that extends coverage to commercial and general aviation aircraft, fixed …

Underwriting 261

Underwriting Underwriter Commercial Insurer 261

Insurance Journal

NOVEMBER 21, 2024

It is “how” commercial lines carriers execute their underwriting strategies, not “what” lines they write that is key to profitable growth for top performers, according to new research from McKinsey. A section of the consulting firm’s recently published “Global Insurance …

Commercial 147

Commercial Underwriting Underwriter Insurer 147

Insurance Journal

NOVEMBER 14, 2024

Underwriting carrier Emerald Bay Risk Solutions announced a partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group comprising a large portfolio of high-end residential and commercial real estate properties as its members, to launch its inaugural casualty program. The …

Underwriting 245

Underwriting Underwriter Commercial Risk 245

Rough Notes

DECEMBER 2, 2024

Harrington, CPCU If insurance underwriting were a reality television show, commercial auto underwriting would be cast as the ultimate challenge of endurance for the participants. Like haggard, sweat-soaked individuals scrambling to reach the finish line, commercial auto insurance providers, producers, and buyers […]

Auto Insurance 105

Auto Insurance Commercial Underwriting Underwriter 105

Insurance Journal

OCTOBER 17, 2024

Travelers on Thursday said third quarter net income was $1.26 billion compared to net income of $454 million during the same period a year ago on record net premiums, favorable prior year reserve development, and higher investment income. The New …

Underwriting 264

Underwriting Underwriter Premium Commercial 264

Insurance Journal

JULY 19, 2024

The Travelers Companies, Inc. reported second quarter net income of $534 million, compared to a loss of $14 million during the same time a year ago, thanks to record net premiums of about $11.1 The New York-based insurer posted …

Underwriting 264

Underwriting Underwriter Premium Insurer 264

Insurance Journal

JULY 31, 2024

JM Wilson, headquartered in Portage, Michigan, hired Gina Deryas as a transportation renewal underwriter and Brian Bragg as a transportation underwriter. JM Wilson team member Joe Delaney was promoted to transportation underwriter. Deryas is responsible for underwriting renewal commercial transportation …

Underwriting 113

Underwriting Underwriter Commercial 113

Insurance Journal

DECEMBER 1, 2024

commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best report indicates further deterioration in the first half of 2024. Despite targeted underwriting initiatives, including raising premiums to match the rising … After the U.S.

Commercial 130

Commercial Auto Insurance Underwriting Underwriter 130

Insurance Journal

AUGUST 7, 2024

XPT Specialty, headquartered in New Haven, Connecticut, appointed Tyler Myers as transportation underwriter. Myers has over 10 years of experience as a broker specializing in underwriting commercial automobile risks. He began his career as an associate underwriter at Burns & …

Commercial Automobile 113

Commercial Automobile Underwriting Underwriter Commercial 113

Insurance Journal

JULY 15, 2024

Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …

Premium 277

Premium Casualty Insurance Underwriting Underwriter 277

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. points year-over-year improvement, with commercial lines continuing to outperform personal lines. represented a 2.3-points

Commercial 68

Commercial Underwriting Underwriter General Liability 68

The Property Insurance Law Observer

JUNE 13, 2024

Certain Underwriters at Lloyd’s, London, et al. 2024), to preserve diversity jurisdiction, the United States District Court for the Southern District of New York permitted a plaintiff insured to drop non-diverse, dispensable defendant Underwriters at Lloyd’s, London (“Underwriters”) which subscribed to a commercial property insurance policy.

Underwriting 130

Underwriting Underwriter Commercial Property Property Damage 130

Insurance Journal

JANUARY 22, 2025

said fourth quarter 2024 and full year net income increased 28% and 67% on string underlying underwriting results. The Travelers Cos. Travelers posted fourth quarter net income of about $2.1 billion compared to about $1.6 billion during the last quarter …

Underwriting 246

Underwriting Underwriter Commercial 246

Insurance Journal

OCTOBER 29, 2024

increase in P/C underwriting income with a combined ratio of 87.7 Chubb recorded an 11.7% as part of third quarter net income of about $2.2 billion, up 13.8% CEO Evan G. Greenberg said the Whitehouse Station, New Jersey-based insurer is …

Underwriting 264

Underwriting Underwriter Insurer Insured 264

Insurance Journal

OCTOBER 21, 2024

million the same period the prior year on underwriting and investments. Third quarter 2024 net income at W.R. Berkley Corp. increased to about $365.6 million compared to $333.6 Net income was a record for the third quarter, the company said.

Underwriting 261

Underwriting Underwriter Commercial 261

Insurance Journal

SEPTEMBER 30, 2024

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

Broker-Agent 277

Broker-Agent Commercial Agents Broker 277

Insurance Journal

OCTOBER 6, 2024

Multi-Family Commercial Property Program Market Detail: Amalgamated Insurance Underwriters offers a commercial property program for hard to place multi-family habitational/commercial properties. This program is a fit for older risks made of frame, JM, or MNC construction that can’t find adequate …

Commercial Property 130

Commercial Property Commercial Underwriting Underwriter 130

Triple-I: Business Insurance

OCTOBER 25, 2024

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This weakness in underwriting profitability has been driven by several causes, according to a new Triple-I Issues Brief.

Underwriting 52

Underwriting Underwriter Commercial Auto Insurance 52

RiskQuoter

APRIL 25, 2024

Find the perfect life insurance plan as a private or commercial pilot. The post Pilot Life Insurance: Underwriting, Rates, Flat Extras, Exclusions & More appeared first on RiskQuoter.com. We specialize in affordable pilot coverage and minimizing flat extras.

Life Insurance 52

Life Insurance Underwriting Underwriter Commercial 52

Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. Call us today for the most updated information.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. Whether you’re a small business owner, an industry leader, or just curious about the future, understanding these key trends will be essential in navigating the commercial insurance world.

Commercial Insurance 52

Commercial Insurance Commercial Insurer Insured 52

Friendly Agent

SEPTEMBER 11, 2020

commercial underwriter, personal lines underwriter all 3 in my office, all with my binder… appointment ON THE SPOT!” Superior Access (P&C and Commercial insurance) Superior access has multiple carriers across the United States. Got 5 out-of-5 appointments. company president was on his desk!

Insurance Carrier 130

Insurance Carrier License Agents Insurer 130

Paragon Independent Insurance Agencies

JUNE 14, 2024

Filing a commercial claim is a complex and daunting process, especially for business owners unfamiliar with the ins and outs of insurance policies. The insurance agents are there to break down all the details, from underwriting to filing claims. These are regular issues around Plano, TX. Our team covers the Plano, TX area.

Commercial Insurance 40

Commercial Insurance Commercial Insurance Claim Claim 40

Cowbell

AUGUST 20, 2024

In two years, he successfully implemented over 20 partnerships with major insurance brokers and significantly enhanced Arch’s digital presence while optimizing the underwriting process through automation, culminating in improved user interfaces and portals.

Cyber 105

Cyber Underwriter Underwriting Insurance Broker 105