All the headlines from our Property Topic Page, ordered by recency.
Nov 20 2024 // Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for the upcoming session that begins in March, according to state news...
Oct 23 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio.The...
Oct 8 2024 // This edition of International People Moves details appointments at Price Forbes Re and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Price Forbes Re Names Gallagher Re’s...
Oct 8 2024 // U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida’s western coast, marking yet another costly disaster for the...
Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in...
Sep 27 2024 // This edition of International People Moves details appointments at AXA XL Bermuda, the tech risk platform Intangic, and the Lloyd’s insurer Dale Underwriting Partners.A summary of these new hires follows here. AXA XL...
Sep 25 2024 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL.A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property FacPrice Forbes...
Sep 18 2024 // State leaders tasked with reviewing Maine’s preparations and responses to climate change-fueled natural disasters are at a crossroads.While Maine has seen seven federal disaster declarations for severe storms and...
Sep 17 2024 // US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid lower losses tied to catastrophes.The average US property insurance rate decreased 0.94% in...
Sep 16 2024 // Florida and much of the country face a real estate crash unless government officials deal with climate change, members of Congress said at a roundtable discussion Saturday in St. Petersburg.U.S. Sen. Sheldon Whitehouse,...
Sep 12 2024 // JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters.Musolf works with independent insurance agents and company underwriters in Michigan and...
Sep 12 2024 // For the sixth straight year, U.S. excess and surplus insurers in 2023 saw double-digit growth in direct written premiums.E&S direct written premiums (DWP) grew 15% last year to increase its share of the total...
Sep 12 2024 // An academic paper published in the Journal of Insurance Regulation seems to have rekindled the debate over how much of an impact litigation and fraud have had on property insurance losses and premiums, particularly in...
Sep 10 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its...
Aug 20 2024 // This post is part of a series sponsored by AgentSync.By now, if you haven’t heard about insurance companies (large and small) and their max exodus from the most risky states, you may have been living under a rock....
Aug 16 2024 // A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible.A three-judge panel of the Massachusetts Appeals Court has held for...
Aug 14 2024 // In the wake of flash flooding in the Bismarck-Mandan area, North Dakota Insurance Commissioner Jon Godfread is reminding residents to take immediate steps to assess and document any property damage and to review their...
Aug 13 2024 // James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast iron parts for tractors and other equipment to at least double when it’s up for renewal...
Jul 25 2024 // This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW.A summary of these new hires follows here. Marsh Promotes McKay as UK Advisory...
Jul 23 2024 // FAITH, S.D. (AP) — A few months ago, the city council in this ranching town in remote northwestern South Dakota decided to join dozens of other communities across the state and hire an outside contractor to enforce...