All the headlines from our Property Topic Page, ordered by recency.
Jun 18 2012 // Commercial insurance prices in aggregate increased by nearly 5 percent during the first quarter of 2012, the fifth consecutive quarter that prices rose. In addition, commercial insurers’ loss ratios stabilized for...
Jun 18 2012 // Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear of Y2K...
Jun 18 2012 // AtlasAtlas Financial Holdings Inc. has started selling its core commercial automobile insurance products in Utah, becoming the 31st state where Atlas is actively underwriting. Atlas’ insurance subsidiaries, American...
Jun 18 2012 // There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby boomers that are beginning to retire and will continue to do so into the next...
Jun 15 2012 // Three families have filed a lawsuit against the U.S. Forest Service alleging an August 2010 prescribed burn got out of control near Lincoln, causing the “total destruction” of their property.The Independent...
Jun 11 2012 // Commercial insurance prices in aggregate increased by nearly five percent during the first quarter of 2012, the fifth consecutive quarter that prices rose. In addition, commercial insurers’ loss ratios stabilized for...
Jun 4 2012 // Taking the position that Florida’s heavily-subsidized property insurance market is leading to over-development along the state’s coastline, wildlife groups are calling on state lawmakers to make reforms even if...
Jun 4 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...
Jun 4 2012 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners.The 11 categories that...
Jun 4 2012 // Massachusetts officials said that insurers so far paid out $200 million in claims related to devastating tornadoes in western and central Massachusetts that occurred on June 1, 2011.The Massachusetts Insurance Division...
Jun 4 2012 // There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby boomers that are beginning to retire and will continue to do so into the next...
May 25 2012 // Every few years it seems that there are predictions a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear...
May 23 2012 // Assurant Specialty Property, a provider of insurance services, said this week it is hiring as many as 100 new employees at its customer service centers in Gwinnett County, Georgia. The company is hiring part-time and...
May 23 2012 // Massachusetts officials said that insurers so far paid out $200 million in claims related to devastating tornadoes in western and central Massachusetts that occurred on June 1, 2011.The Massachusetts Insurance Division...
May 21 2012 // Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear of Y2K...
May 21 2012 // Before the 2012 Olympic Games open in London on July 27, the city will already have experienced an unprecedented round of preparations, notably the construction of stadiums, site venues and housing that is in the process...
May 21 2012 // Neace Lukens, Matrix BenefitsNeace Lukens has completed its acquisition of Matrix Benefits and Consulting Group, a Ft. Wayne, Ind.-based consulting firm. Matrix employees will report to the Neace Lukens Indianapolis office...
May 21 2012 // Louisiana Insurance Commissioner Jim Donelon told an Alexandria civic club that the state’s property insurance market is “more competitive than ever.” Speaking to the Alexandria Rotary Club about the...
May 15 2012 // Don Glisson, Jr., chairman and CEO of Triad Financial Services, Jacksonville, Florida, has been appointed to serve as a member of the board of governors of the state-backed Citizens Property Insurance Corp. Florida Chief...
May 11 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc....