All the headlines from our Property Topic Page, ordered by recency.
Jan 11 2009 // Top 100 Agency Profile RANKING: No. 7 Agency Name: The Hylant Group Headquarters: Toledo, Ohio Year Founded: 1935 Additional Locations: 11 other offices in Michigan, Indiana, Illinois and Tennessee 2007 Property/Casualty...
Jan 9 2009 // A special task force is recommending that Florida’s state-backed property insurer – Citizens Property Insurance — be permitted to raise its rates beginning in 2010 and that restrictions on what homeowners...
Jan 5 2009 // 2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to...
Dec 30 2008 // A computer program is helping western Kentucky police track down stolen property that’s been sold to pawn shops.Paducah’s five pawn shops submit records of transactions, including serial numbers of items bought...
Dec 23 2008 // A number of insurance companies in the Northeast are bringing in additional claims adjusters to respond to the needs of their hardest hit customers and help speed the recovery process from the recent string of storms that...
Dec 23 2008 // Bermuda-based Validus Holdings, Ltd. announced today that it is expanding its business into Technical Lines Property insurance through the creation of Validus Underwriting Risk Services Inc. (VURS), a managing general...
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
Dec 16 2008 // After-tax profits for the U.S. property and casualty industry through the first nine months of the year were $4.1 billion — a 91.8 percent decline from the $50 billion in profits earned the same period a year ago,...
Dec 3 2008 // Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana...
Dec 3 2008 // Property/casualty insurers are urging North Carolina officials to impose surcharges on policies in the state’s residual market property insurer, the Beach Plan, and take other financing and mitigation steps to...
Dec 2 2008 // The days leading up to the inauguration of Barack Obama could be an economic windfall for residential property owners in and around D.C.Washington Post staff writer David Nakamura reports that droves of people are looking...
Nov 30 2008 // Generally, the statute of limitations for the breach of an oral agreement is four years. However, a shorter period is mandated by California Insurance Code Section 2071 for all policies containing fire coverage (which...
Nov 24 2008 // The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana...
Nov 20 2008 // Willis Group Holdings announced the appointment of Philip Reynolds as an advisor to its Property Investors Division. Starting in 1995, he “created and built the Royal & SunAlliance (RSA) Property Investors Unit...
Nov 18 2008 // Global insurance broker Lockton has published its Fall 2008 Market Update, a snapshot guide to the latest trends and emerging risks confronting risk managers and insurance carriers today.“The 2008 Lockton Market...
Nov 18 2008 // With displaced residents of the Southern California fires now returning to their neighborhoods, several home and business owners are now finding themselves facing dozens of questions before they rebuild.To help navigate...
Nov 17 2008 // Pressures that could harden the property and casualty insurance market loom over insurance carriers entering into the final weeks of 2008, says a new industry report by the global insurance broker Lockton.In its Fall 2008...
Nov 16 2008 // Back in January, when Mike Chaney was getting ready to be sworn in as Mississippi insurance commissioner after his November victory at the polls, he had to do more than just show up. “[T]hey told me, to be sworn in,...
Nov 16 2008 // Florida’s state-backed Citizens Property Insurance Corp. has begun offering a commercial nonresidential multi-peril policy for business. This new policy is available to eligible nonresidential risks located...
Nov 16 2008 // The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana...