All the headlines from our Property Topic Page, ordered by recency.
Nov 21 2011 // Gov. Rick Scott wants the state-backed Citizens Property Insurance Corp. to recommend ways to shore up the troubled insurer.Scott, who prefers the insurer be sold to a private company, wants answers from the...
Nov 21 2011 // The Republican-controlled Wisconsin Legislature has passed a bill that would reduce property owners’ liability for a trespasser’s injuries or death. The Assembly passed the measure 80-15 on Nov. 3. The state...
Nov 17 2011 // Large catastrophe losses and the prospect of poor investment returns are paving the way for much tougher market conditions for commercial property insurance buyers, according to a new reportThe new report — the Lockton...
Nov 17 2011 // Torus Insurance announced that it has “enhanced its offering in Europe with the appointment of Brian Byrnes as Senior Underwriter for General Property and Marco Sonntag as Senior Underwriter for Casualty.”They...
Nov 15 2011 // San Diego, CA, 11/15/11 – American Claims Management, Inc. (ACM), has appointed Pier Westra as vice president of its Property Claims Division. Effective November 14, 2011, Westra will oversee all of ACM’s East...
Nov 9 2011 // Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, has opened an excess and surplus (E&S) property operation in Los Angeles to better serve the West Coast wholesale...
Nov 8 2011 // Alleghany Corp. reported $19.2 million in third-quarter net earnings, down 48 percent from one year ago when the company had $36.6 million in earnings.The company’s result reflects the decrease in pre-tax net...
Nov 7 2011 // The Republican-controlled Wisconsin Legislature has passed a bill that would reduce property owners’ liability for a trespasser’s injuries or death. The Assembly passed the measure 80-15 on Nov. 3. The state...
Nov 7 2011 // Dark clouds continue to hang over the U.S. housing market with prices still well below their peak and foreclosures high in many parts of the country.But there is a silver lining — great bargains on rental properties....
Nov 7 2011 // Company Name State of Speciality 2010 TOTAL DPW Texas Mutual Insurance Co. TX 596,191 Old American County Mutual Fire Insurance Co. TX 575,100 SAIF Corporation OR 327,373 St. Johns Insurance Co. Inc. FL 257,106 Brickstreet...
Nov 7 2011 // In a year in which natural disasters have dominated the news and have strongly — and negatively — influenced insurance companies’ bottom lines, insurers, industries and governments may want to take notice of an...
Nov 7 2011 // This issue has reports on innovation in insurance and where entrepreneurs find their inspiration. The presenters at this year’s Entrepreneurial Insurance Symposium said they are inspired by their own experiences,...
Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
Nov 4 2011 // Property/casualty insurance rates will continue to be flat to with some slight increases or decreases in most major and specialty lines of insurance.Some exceptions to that trend include catastrophe-exposed property...
Nov 3 2011 // Duane Caldwell was added to Lockton’s technology-focused team in San Jose, Calif. as a property risk control consultant. Caldwell will take a lead in expanding Kansas City, Mo.based-Lockton’s presence in the...
Nov 3 2011 // Gov. Rick Scott wants the state-backed Citizens Property Insurance Corp. to recommend ways to shore up the troubled insurer.Scott, who would prefer the insurer be sold to a private company, wants answers from the...
Nov 1 2011 // Standard & Poor’s Ratings Services has affirmed its ‘BBB’ long-term counterparty credit rating on Montpelier Re Holdings Ltd. and its ‘A-‘ counterparty credit and financial strength...
Oct 27 2011 // As Insurance Journal has reported, Florida lawmakers are considering the future of the state’s largest homeowners’ insurer, Citizens Property Insurance Corp. It’s supposed to be the insurer of last resort...
Oct 26 2011 // Kevin Hoskinson has joined Lockton as its technology practice leader focused on property and casualty insurance for technology companies. Hoskinson will work in Kansas City, Mo. Lockton’s San Jose, Calif. office....
Oct 26 2011 // As Insurance Journal has reported, Florida lawmakers are considering the future of the state’s largest homeowners’ insurer, Citizens Property Insurance Corp. It’s supposed to be the insurer of last resort...