All the headlines from our Property Topic Page, ordered by recency.
Apr 7 2010 // Washington Holdings, a private real estate company, said Tuesday it bought the St. Regis Monarch Beach Resort, which became infamous after American International Group Inc executives spent lavishly there weeks after a...
Apr 5 2010 // Two bills that would prohibit property insurance companies from canceling policies or raising rates on homeowners who make damage claims stemming from corrosive Chinese drywall were proposed in Louisiana in advance of the...
Apr 5 2010 // While other insurance agents are visiting manufacturing plants, shopping malls and office parks, Brian Phoebus hangs out in historic homes, renovated museums, art galleries and performing arts theaters. His haunts include...
Apr 5 2010 // Novato, Calif.-based Fireman’s Fund Insurance Co. named David Zona senior vice president of product management in commercial insurance. He will be responsible for setting direction and priorities for various...
Apr 5 2010 // While other insurance agents are visiting manufacturing plants, shopping malls and office parks, Brian Phoebus is hanging out in historic homes, renovated museums, art galleries and performing arts theaters. His haunts...
Apr 2 2010 // IMA of Texas Inc., a retail insurance broker and risk management firm, announced that Kyle A. Bailey joined the company as a vice president for employee benefits and property and casualty insurance.Bailey has more than 12...
Apr 1 2010 // Acadia Insurance has designed a new set of customized coverage forms for the growing building cleaning services industry throughout New England and New York.The Acadia Clean program targets the specific needs of commercial...
Mar 31 2010 // Tallahassee politicians must ensure a robust private property insurance market to avoid a financial disaster if a major hurricane or several smaller storms strike the state this summer, former Gov. Jeb Bush said this...
Mar 30 2010 // Hayden Haucke has joined Swett & Crawford’s Dallas operation as a broker in its property practice group. Haucke was most recently with CRC in Dallas handling both inland marine and casualty lines of business. He...
Mar 29 2010 // A.M. Best Co. affirmed the issuer credit rating (ICR) of “bbb+” of The Hartford Financial Services Group, Inc. with a negative outlook. The rating agency also affirmed the FSRs of ‘A’ (Excellent)...
Mar 26 2010 // Property insurance companies would not be allowed to cancel policies or raise rates on homeowners who make damage claims stemming from corrosive Chinese drywall, under two proposed state laws in Louisiana.Bills by state...
Mar 25 2010 // London-based insurance and reinsurance broker Miller announced that it has strengthened its North American property broking team with the appointment of Robert Pound. He has more than 10 years’ experience in the...
Mar 22 2010 // Financial stress is the No. 1 reason residential dwellings are intentionally torched, but proving arson is not that easy. Only around 6 percent of arson offenses in 2007 resulted in convictions, according to the Federal...
Mar 22 2010 // With the U.S. Green Building Council forecasting growth in the green building market to double between now and 2013, agents and brokers can expect to see increasing client demand for green insurance coverage. Because...
Mar 22 2010 // The Chartered Property Casualty Underwriters Society Golden Gate Chapter has awarded Janis Dunivin of Wells Fargo Insurance Services of California with its Insurance Person of the Year Award, and State Farm with its...
Mar 22 2010 // Florida insurance regulators have notified a Jacksonville-based insurer that it has until the end of the month to comply with solvency requirements to avoid suspension or losing its license.The warning to Southern Oak...
Mar 19 2010 // Property/casualty insurance companies, which already pay into state guaranty funds to backup claims of their insolvent peers, don’t want to have to also pay into a federal fund to cover failures of larger and riskier...
Mar 16 2010 // Even though they are largely excluded from the federal financial regulatory overhaul proposed in the Senate, property/casualty insurers say there are some elements they fear could negatively affect them and their...
Mar 12 2010 // Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute.“Many states on...
Mar 12 2010 // Marsh has appointed Candice Sammeroff to lead the firm’s business development in the commercial property and real estate sector in the UK.She has 10 years’ experience in the legal sector, and joins Marsh from...