All the headlines from our Property Topic Page, ordered by recency.
Oct 24 2008 // West Chester, Pa.-based Venture Insurance Programs, a national program administrator, will offer coastal property coverage under a new CATalyst Property Insurance brokerage facility.CATalyst will support each of...
Oct 23 2008 // Catastrophe losses and the global financial crisis contributed to a $923 million net loss for the third quarter of 2008, which reflects an operating loss of $190 million and net realized capital losses of $728 million, The...
Oct 21 2008 // The Property Casualty Insurers Association of America unveiled results of an independent report which found that the North Carolina Insurance Underwriting Association, a.k.a. the Beach Plan, is not financially prepared to...
Oct 20 2008 // From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...
Oct 20 2008 // A majority of independent agents and brokers in a good position to know say insurance carriers do an acceptable job marketing to the Latino community, although as many as 40 percent also rate carriers’ efforts as...
Oct 20 2008 // Florida remains focused on recovery of its property insurance market. But new rules for reinsurers, a national catastrophe plan and the use of occupational rating in insurance are also on the radar of Florida Insurance...
Oct 20 2008 // Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob SchimekThe very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance...
Oct 15 2008 // North Carolina Department of Insurance investigators arrested five Halifax County residents for their roles in what investigators are calling an auto insurance fraud ring that netted the accused more than $25,550 in...
Oct 14 2008 // The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the...
Oct 9 2008 // Six insurance companies, some participating in the Insure Louisiana Incentive Program, want to assume 46,898 policies from the Louisiana Citizens Property Insurance Corporation by Dec. 1, 2008. However, Citizens CEO John...
Oct 6 2008 // Preliminary estimates of the combined total physical damage in Louisiana from Hurricanes Gustav and Ike range from roughly $8 billion to $20 billion, not including “temporary economic activity losses or damage to...
Oct 6 2008 // Trigger — what determines which policy applies. Most liability policies require property damage caused by an occurrence and require that the property damage occur during the policy period. The question, in Texas and...
Oct 6 2008 // A family-run crafts store opens in a strip mall and, after much hard work and long hours, begins to flourish. The store takes credit cards, contracting with a merchant bank to handle the logistics. The tech savvy teenager...
Oct 3 2008 // American International Group Inc. said it plans to keep its commercial property/ casualty and foreign general insurance businesses, while selling off some life insurance business and seeking alternatives for its securities...
Oct 1 2008 // The U.S. property/casualty insurance industry’s net income after taxes fell 57.4 percent to $13.9 billion in first-half 2008 from $32.7 billion in first-half 2007. The insurance industry’s overall profitability...
Sep 26 2008 // To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and...
Sep 26 2008 // Surplus lines insurer Lexington Insurance Co. reported that it has arranged a contingent property reinsurance cover from Berkshire Hathaway’s National Indemnity Co. for its real estate portfolio. The cover is also...
Sep 22 2008 // To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and...
Sep 22 2008 // Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. He will provide supervisory governance of the Americas businesses and also will oversee and direct regulatory and public affairs for all of Swiss...
Sep 22 2008 // To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and...