All the headlines from our Property Topic Page, ordered by recency.
Oct 20 2011 // The insurance segment of Dublin, Ireland-based XL Group plc (NYSE: XL) has expanded its North America property and casualty team in the Rocky Mountain area.Gregory Melton was made as senior property underwriter and Stephen...
Oct 20 2011 // Aspen US Insurance and Brownstone Insurance Agency have formed a partnership effective September 1, to bring underwriting and claims services to the commercial residential property market. This new partnership allows...
Oct 17 2011 // New York State’s Suffolk County suffered the highest insured property loss among the 191 counties affected by Hurricane Irene, according to the latest estimate.New Jersey, New York and North Carolina were the top...
Oct 17 2011 // How carriers and adjusters respond to property losses can reduce the impact of the claims as well as the costs, according to Lynne Jurek Shannon and Doris T. Bobadilla, defense attorneys with the Galloway, Johnson,...
Oct 17 2011 // It only takes one fire, tornado or hurricane to completely destroy everything you own. Insurance adjusters frequently work with homeowners who have lost everything, but for those who have not taken an inventory of their...
Oct 13 2011 // Bermuda-based Endurance Specialty Holdings Ltd announced that Rene Lamer will assume the role of Senior Vice President and Head of U.S. Property Catastrophe Treaty Reinsurance.He is a Bermuda citizen, and will continue to...
Oct 12 2011 // Bermuda-headquartered XL Group said its insurance unit hired Michele Sansone as senior vice president and eastern regional executive, based in New York City.She will be responsible for managing XL’s property...
Oct 6 2011 // Phil Immordino was literally looking for a bull market to bring back a controversial event that will likely to draw hundreds of weekend daredevils to the tiny city of Cave Creek, Ariz.In what could be considered by some to...
Oct 6 2011 // It only takes one fire, tornado or hurricane to completely destroy everything you own. Insurance adjusters frequently work with homeowners who have lost everything, but for those who have not taken an inventory of their...
Oct 3 2011 // Many businesses and homeowners are struggling to determine the extent of their damages from what is shaping up to be the worst year in Texas history for fire losses.In handling the crisis, policyholders must quickly...
Oct 3 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility:Sandra Robinson, claims...
Oct 3 2011 // The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis.Biggert currently serves as...
Sep 26 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa’ of FM Global Group (FM Global) and its members, which includes the lead...
Sep 22 2011 // Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes.The broker...
Sep 19 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported.The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include:Lawrence Lejfer — Vice president and senior...
Sep 13 2011 // As fires tear through Texas, businesses and homeowners struggle to determine their losses. According to the Insurance Council of Texas, this year’s fire losses are Texas’ worst on record. The Texas Forest...
Sep 12 2011 // In terms of global underwriting volatility, the property insurance market remains substantially more volatile than other major lines. In Germany and Spain property is nearly twice as volatile as motor, the most stable...
Sep 6 2011 // Boston-based broker and service provider William Gallagher Associates (WGA) announced that David Bardelli has joined the firm as a senior vice president in the property/casualty practice. He will serve as the new casualty...
Sep 5 2011 // David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is moving into his new role as president and chief executive officer...