All the headlines from our Property Topic Page, ordered by recency.
Oct 23 2006 // Despite the mandate of new mold endorsements and adoption of new forms, there has been a great deal of continuing litigation in Texas under the Homeowners B form as to when mold is covered. The focus has been on the...
Oct 23 2006 // The Society of Chartered Property Casualty Underwriters elected new officers and governors. They are: President Betsey L. Brewer, senior vice president of The Rule Co. in Pasadena, Calif. President-Elect James L. Britt,...
Oct 23 2006 // The U.S. property/casualty insurance industry’s net income after taxes fell 9.3 percent to $28.3 billion in first-half 2006 from $31.2 billion in first-half 2005 as investment results deteriorated. Reflecting the...
Oct 23 2006 // It’s a problem many brokers face: clients love our property casualty risk management products and services, but have we given them all they need? What else can we do for them?An employee benefits program offers an...
Oct 22 2006 // Japan’s Supreme Court recognized the intellectual property rights of employees who invent products in a landmark ruling last week, ordering Hitachi to pay 163 million yen ($1.4 million) to a former worker.The court...
Oct 19 2006 // Louisiana Gov. Kathleen Blanco said she has delayed calling a special legislative session on insurance relief because she is waiting to hear if the state will attract the major manufacturers it is courting, in deals that...
Oct 19 2006 // The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the...
Oct 18 2006 // Republican state lawmakers face steep hurdles in their attempts to call the Louisiana Legislature into special session early next month an attempt to sidestep Democratic Gov. Kathleen Blanco, who they say is moving too...
Oct 18 2006 // Indianapolis-based Baldwin & Lyons, Inc. announced that its subsidiary, Protective Insurance Company, has entered into an agreement with newly formed Paladin Catastrophe Management to produce property catastrophe...
Oct 10 2006 // More insurance cutbacks for Alabama coastal properties — not only for buildings and homes near the beaches — are coming in the wake of 2004 and 2005 hurricanes.Two of the state’s largest insurance firms said...
Oct 9 2006 // The state of New Hampshire routinely bypasses competitive bidding for insurance contracts and awards them to incumbent producers, a state audit report that severely criticizes many of the state’s insurance practices...
Oct 3 2006 // Michigan recently enacted a series of positive reforms to the Michigan Property Casualty Guaranty Association Act that among many things adds a large deductible provision which clarifies the rights of the receiver and...
Oct 2 2006 // The U.S. property/casualty insurance industry’s net income after taxes fell 9.3 percent to $28.3 billion in first-half 2006 from $31.2 billion in first-half 2005 as investment results deteriorated. Reflecting the...
Oct 2 2006 // Fireman’s Fund Insurance Co. has recently introduced a new service coverage, Insurance for Wineries. The comprehensive product has coverages specifically created for the business of growing, making and selling wine,...
Sep 26 2006 // Citizens Property Insurance Corp. announced the resignation of President and Executive Director Robert L. Ricker effective November 1, 2006.Ricker led Citizens for the past three years and tendered his voluntary...
Sep 25 2006 // The American Institute for Chartered Property and Casualty Underwriters (AICPCU), the American College and the Society of Financial Service Professionals founded Ethics Awareness Month in 1990. While it is impossible for...
Sep 25 2006 // In the grip of a heat wave, the owners of a fruit farm didn’t suspect a mechanical problem when a 600 hp deep well pump started producing less water. After all, the temperature had been soaring for weeks and other...
Sep 25 2006 // Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15.More than 60 agents had signed up online for the program within hours of the official signing of a contract...
Sep 25 2006 // The American Institute for Chartered Property and Casualty Underwriters (AICPCU), the American College and the Society of Financial Service Professionals founded Ethics Awareness Month in 1990. While it is impossible for...