All the headlines from our Property Topic Page, ordered by recency.
Jun 7 2010 // Wholesaler Crump Insurance promoted Kevin Hahn to executive vice president. As head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, and its environmental practice.XL...
Jun 7 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...
Jun 7 2010 // Crump Insurance Services Inc. has invested in new talent for its Atlanta brokerage location. Terry Sherwin has joined Crump as the Atlanta office leader; and property brokers Alex Duran, Jordan Yoss and Carl Feldhaus have...
Jun 7 2010 // Florida’s property insurance companies haven’t suffered hurricane losses for nearly five years, but many claim to be losing money even while collecting hefty premiums. It’s a complex paradigm for almost...
Jun 7 2010 // The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners...
Jun 2 2010 // Florida Governor Charlie Crist today signed legislation making properties affected by imported or domestic drywall eligible for an adjustment of their assessed value.The bill, HB 965, applies to the 2010 and subsequent...
Jun 1 2010 // As he hinted he would do, Florida Gov. Charlie Crist has vetoed an omnibus property insurance bill (SB2044) that the industry and even the state’s insurance commissioner had urged him to sign.Crist, who was elected...
Jun 1 2010 // The omnibus property insurance bill, SB2044, becomes law at the end of today, unless Florida Governor Charlie Crist vetoes it.Crist could sign the bill or just let it become law without his signature. But if he intends to...
May 26 2010 // The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners...
May 25 2010 // Crime rates declined in both violent and property crimes in the United States last year, according to the FBI’s Preliminary Annual Uniform Crime Report released today.Preliminary 2009 statistics indicate that violent...
May 25 2010 // Several of Florida’s insurers with affiliated managing general agencies (MGAs) have come in for criticism recently but there is no widespread problem with the MGA model, regulators and insurance industry executives...
May 24 2010 // Property owners across the country fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two...
May 24 2010 // Residents and businesses in a northeast Iowa town can sue the state for flood damage caused by a highway project, the Iowa Supreme Court ruled last Friday.The court overturned district court and appeals court decisions...
May 17 2010 // After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets don’t face further financial risks, even as conditions appear ripe for...
May 17 2010 // A newly-formed Mississippi company with backing from a Florida insurer and local private investors including six independent agencies will begin writing homeowners policies on the coast in Mississippi.Gulfport-based...
May 17 2010 // On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for...
May 17 2010 // Homeowners can mitigate against wind damage, but they’re powerless, really, to do anything against storm surge,” said one researcher whose job it is to develop ways to determine the vulnerability of homes and...
May 17 2010 // Since their inception in the days of Ben Franklin, our nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. Yet, the profound impact of the current and historic...
May 17 2010 // The original criteria and objective definition for Super Regional P/C Insurers™ was established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of...
May 14 2010 // The chorus urging Florida Gov. Charlie Crist to sign an omnibus property insurance measure passed by the Legislature is growing.One of the state’s leading consumer advocates, Walter Dartland, of the Consumer...