All the headlines from our Property Topic Page, ordered by recency.
Jun 6 2007 // Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI.Violent crime was up, except in the Northeast....
Jun 6 2007 // People and businesses in Louisiana who are paying higher property insurance premiums since hurricanes Katrina and Rita should get a tax break for those increased costs, the Senate agreed June 4.The tax break proposal by...
Jun 5 2007 // A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from a wide array of perils, according to new research by the National Association of Insurance Commissioners...
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast.The Louisiana Insurance Rating Commission...
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast.The Louisiana Insurance Rating Commission...
Jun 4 2007 // Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer and fall months alone, nor to just...
May 31 2007 // Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., announced the following executive moves in its property division effective immediately:Michael Kmetz has been promoted to senior vice president and will be the...
May 31 2007 // Global broker Willis, in its latest “Property Alert” indicates that the “the global capacity, pricing regimens, terms and conditions for both Cat Risks and non-Cat Risks in the global property insurance...
May 30 2007 // Spurrred by advice from their agent or broker, commercial insurance buyers show increasing interest in buying more than one line of coverage from a carrier, according to a new survey commissioned by Wis.-based Wausau...
May 29 2007 // Louisiana regulators have approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast.The Louisiana Insurance Rating Commission on May...
May 29 2007 // Liabilities follow the insurance industry as the night follows the day. So, it’s not terribly surprising to learn that a new study – “Limiting Liability in the Greenhouse: Insurance Risk-management...
May 25 2007 // The Louisiana House of Representatives Insurance Committee approved a plan meant to lower homeowners rates charged by Louisiana’s state-backed insurer, despite warnings that it will backfire and exacerbate the...
May 24 2007 // Bermuda-based Ironshore Insurance Ltd. reports it has been approved to write property, property catastrophe and casualty insurance on an excess and surplus basis for risks in Florida.Ironshore, formed in late 2006, is a...
May 22 2007 // As floodwaters recede along the Missouri River bottoms, some areas remain at risk because their levees are broken.“The flood is not over for me if there’s still a hole in the levee,” said Tom Waters of...
May 21 2007 // A Florida law enacted during a 2007 January special session provides immediate savings for homeowners by shifting potential payments for hurricane losses from the homeowners receiving the current policy benefits to future...
May 21 2007 // The late Speaker of the House of Representatives “Tip” O’Neill once said, “All politics is local.” To paraphrase, all insurance is local. This is why a large number of state specialists thrive...
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,9632 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,6414 SAIF Corp. OR 449,7945 Universal Property & Casualty...
May 21 2007 // Habitational properties — apartments, condominiums, hotels, motels — present similar property and liability risks, including fires, slips and falls, and water damage. These concerns can be addressed with...
May 21 2007 // Effective management and maintenance tips to help clients avoid major lossesHabitational properties — apartments, condominiums, hotels, motels — present similar property and liability risks, including fires,...
May 21 2007 // Liberty Northwest, a member of Liberty Mutual Group based in Portland, Ore., appointed Larry W. Becker president and chief operating officer. Becker most recently was executive vice president, sales and marketing for...