All the headlines from our Property Topic Page, ordered by recency.
May 3 2007 // The Texas Department of Insurance announced enforcement actions that became final during March include nine license revocations, four license denials and fines and restitution totaling $188,826. Copies of Insurance...
May 1 2007 // The Alabama state treasurer’s job is to reconnect lost items such as pearls, coins, timepieces, old Elvis records and a half a million dollars to their rightful owners, and right now the office has $317 million in...
May 1 2007 // Due to the huge success and continued growth of all of their offered programs, combined with a catastrophe free season, Professional Program Insurance Brokerage has reduced their property rates nationwide. New rates take...
Apr 30 2007 // The Republicans who control the Florida Legislature swore they would solve the property tax imbroglio before the 2007 session ends May 4, but their competing bills remain unresolved along with several other bills of...
Apr 30 2007 // Bermuda-based Aspen Insurance Holdings Limited announced that Nathan Warde has been appointed President of Aspen Insurance U.S., with immediate effect. He will report directly to Chris O’Kane, Aspen’s CEO.Warde...
Apr 27 2007 // Rockhill Underwriting Management recently named Curt Crozier vice president and director of Property Underwriting. In his new role, Crozier will work closely with Rockhill’s Chief Property Officer to manage and grow...
Apr 26 2007 // Lexington Insurance Company, a member company of American International Group, Inc. announced it has opened a property and casualty insurance underwriting office in Hamilton, Bermuda. “Establishing this new office...
Apr 26 2007 // Jeanette Waddle is frustrated with rising property taxes and unaffordable insurance rates, and she let Fla.’s Gov. Charlie Crist hear about it Tuesday night during a town hall forum.The mother of three is married to...
Apr 25 2007 // Severe tornadoes in several southern states helped push catastrophe losses to more than $1.2 billion during the first quarter of 2007, according to the industry’s Property Claim Services (PCS), a unit of Insurance...
Apr 23 2007 // Insurers fight impression their big profits are at claimants’ expenseThe headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65...
Apr 23 2007 // Company admits no wrongdoing but agrees to pay $2.1 million8 La.’s governor, commissioner unveil legislative plan Package of bills aimed at increasing competition in insurance market10 Ark. commissioner tells U.S....
Apr 23 2007 // Even a year of profitability has not settled the large property insurance market for buyers, especially for catastrophic coverage near coastlines and in earthquake zones, finds a new research report from New Jersey...
Apr 23 2007 // The U.S. population in hurricane-prone coastal states continues to rise, a trend that is likely to impact adversely the nation’s coastal property insurance market for years to come, according to Dr. Robert Hartwig,...
Apr 23 2007 // Louisiana Governor Kathleen Babineaux Blanco and state Commissioner of Insurance Jim Donelon on April 11 unveiled a joint legislative package designed to attract new insurers to the state, drive down rates and protect...
Apr 23 2007 // The U.S. population residing in hurricane-prone states continues to rise, a trend which is likely to impact adversely the nation’s coastal property insurance market for years to come, according to testimony by Dr....
Apr 23 2007 // 12-months ending Dec. 31, 2006 versus Dec. 31, 2005 (000 Omitted)DPW $ Change DWP DWP DWP $ DWP %Rank Company Name 12/31/2006 12/31/2005 Change Change1 Lexington Insurance Co. 6,273,352 5,020,961 1,252,391 24.94%2 American...
Apr 23 2007 // While catastrophe scenarios like earthquakes, mudslides or hurricanes capture most of the headlines, social, economic and investment trends continue to impact habitation, offering excellent opportunities for alert,...
Apr 19 2007 // McQueary Henry Bowles Troy L.L.P. (MHBT) announced that David Henson has joined its Dallas office as vice president in the property and casualty group.Having spent 20 years in the insurance business, Henson brings a deep...
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year.The U.S. property/casualty...
Apr 17 2007 // Europ Assistance, which has considerably expanded from its French origins into international operations, has launched a new Commercial Property Assistance (CPA) product, “which,” it said, “will be made...