All the headlines from our Property Topic Page, ordered by recency.
Sep 20 2012 // A report out Thursday urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change.In short, the report, its authors and those endorsing...
Sep 20 2012 // If Mike McGavick is right, the business world will soon be carrying the equivalent of a massive data base in a cell phone. Technology has moved so rapidly that not only the insurance industry, but also business in general,...
Sep 19 2012 // Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC), which focuses on intellectual property (IP) insurance risks, has launched the InventPro Abatement Insurance program.The InventPro...
Sep 19 2012 // Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents.But being down so long means there is plenty of room for independent agents...
Sep 14 2012 // Six mutual insurance companies have been inducted into the National Association of Mutual Insurance Companies’ (NAMIC) Century Club in recognition of 100 years of serving their policyholders. Five of the new members...
Sep 10 2012 // More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic.CoreLogic’s Wildfire Hazard Risk Report...
Sep 10 2012 // Jeff Menary has been named vice president of Reinsurance at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa, and Kurt Eaves has been named vice president of Direct Underwriting/Production. Both position changes...
Sep 10 2012 // Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents.But being down so long means there is plenty of room for independent agents...
Sep 6 2012 // Lexington Insurance Co. has introduced CarbonCover ODS, a property insurance policy that addresses the emerging needs of the climate change and greenhouse gas emissions sector. CarbonCover ODS is designed for project...
Sep 4 2012 // Kiln, the international specialist insurance and reinsurance underwriting group, which is a part of Tokio Marine, announced that it has appointed Petra Pudemat as a new property underwriter in Frankfurt to write a broad...
Aug 29 2012 // Mississippi Commissioner of Insurance Mike Chaney issued a statement urging coastal homeowners to take steps to protect their homes until the danger of Hurricane Isaac has passed.A satellite image of Isaac approaching...
Aug 27 2012 // Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac.In a statement issued Sunday, Citizens Board Chairman Carlos A. Lacasa says the mobile units...
Aug 17 2012 // Bermuda-based Montpelier Reinsurance Ltd. a subsidiary of Montpelier Re Holdings Ltd., announced the appointment of Nicholas Lucking as Head of Individual Risk Property, effective immediately.He is responsible for...
Aug 16 2012 // Property and Casualty Division of the Kansas Insurance Department (KID) has raised the bar when it comes to reviewing new rate and form filings from insurance companies, the department announced.Kansas Commissioner of...
Aug 13 2012 // More than 800,000 Californians who own property in wildfire country will begin receiving bills this week for a new annual fire-protection fee, rekindling outrage among rural residents and leading to a likely lawsuit...
Aug 13 2012 // Preferred Concepts LLC, a program underwriter and specialty insurance broker based in New York City, has appointed Robert Lynch as senior vice president and senior property underwriter for its Preferred underwriting...
Aug 10 2012 // Montpelier Reinsurance Ltd., the Bermuda subsidiary of Montpelier Re Holdings Ltd., has announced several appointments in its Bermuda property treaty operation.Effective immediately, Paul Hopwood, formerly Head of US...
Aug 6 2012 // Evaluate, evolve, sharpen focus, create value.That’s how a group of executives at one Midwest-based property/casualty insurance company summarized the organization’s ability to grow and thrive through a century...
Aug 2 2012 // Swiss Re Corporate Solutions has increased available Property capacity from $250 million to $500 million.As part of the company’s single carrier offering, the increase in property capacity up to $500 million is...
Jul 31 2012 // In addition to suspending the 10 percent surcharge rule on property insurance provided by Louisiana’s property insurer of last resort in certain coastal parishes, recently passed state legislation includes provisions...