All the headlines from our Property Topic Page, ordered by recency.
Mar 14 2006 // Insurance companies in the Midwest are beginning to tally claims connected to hundreds of tornadoes and severe storms that hit a five state region in the Midwest late Saturday and early Sunday. Illinois, Indiana, Missouri,...
Mar 13 2006 // The Property Casualty Insurers Association of America has unveiled a new product created by its statistical organization that can get customized and timely auto and homeowners rating information in an Excel format on a...
Mar 10 2006 // “Making the Right Connections” is the theme for the Institute for Business & Home Safety’s (IBHS) 2006 Annual Conference on Property Loss Reduction. The event is scheduled for Nov. 16-17 at the...
Mar 7 2006 // Lawmakers in Annapolis are considering legislation to mandate that cigarettes sold in Maryland meet tough new fire safety requirements.The insurance industry is backing the measure (HB 1300) that is now before the House...
Mar 7 2006 // Wisconsin-based Wausau Signature Agency has unveiled its new Employee Benefits Division with comprehensive sales, marketing and service capabilities to fully complement its traditionally-strong property and casualty...
Mar 6 2006 // The Golden Gate Chapter of RIMS is hosting a seminar on the “State of the Market: What You Should Know about the Markets for Property, Casualty and D&O” on Thursday, March 16, 2006, in San Francisco....
Mar 3 2006 // Bermuda-based Allied World Assurance Holdings, Ltd. has reported a net loss of $23.9 million for the fourth quarter 2005, compared to net income of $103 million for the fourth quarter 2004. The net loss for the twelve...
Mar 3 2006 // Measures aimed at improving the property insurance market are expected to dominate the insurance agenda when the Florida Legislature convenes on March 7, according to the American Insurance Association. Legislators also...
Mar 1 2006 // The National Association of Mutual Insurance Companies (NAMIC) – which has more than 1,400 member companies that underwrite 43 percent ($196 billion) of the property/casualty insurance premium in the United States...
Feb 26 2006 // Regulators in three states are investigating whether companies in London and Miami sold a fraudulent insurance policy to the owner of a tour boat that capsized on a New York lake and killed 20 elderly tourists, a Detroit...
Feb 21 2006 // Local governments in Mississippi requesting federal funding for debris removal on private property have until Feb. 28, 2006, to collect signed Right of Entry (ROE) requests from residential property owners.The date...
Feb 20 2006 // As is obvious from a perusal of newspaper articles and legal journals, the devastating damage throughout the entire Gulf Coast Region from the recent hurricane season has raised numerous legal issues regarding insurance...
Feb 20 2006 // When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV) calculations so they can charge the right premiums for the risks they assume.Adequate ITV is not an issue to be taken...
Feb 20 2006 // Introduction to Insurance Glendale Community College (Calif.) has added new credit courses for training in the insurance industry. Courses were developed as part of a $1.2 million President’s Community-Based Job...
Feb 20 2006 // When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV) calculations so they can charge the right premiums for the risks assumed. Adequate ITV should not be taken lightly. If...
Feb 20 2006 // Excess and surplus lines experts expect to see steady premium growth in 2006, with commercial property and contractors business leading the way, according to an exclusive Insurance Journal survey.Nearly 85% of survey...
Feb 20 2006 // Hiring a relative can be a terrific or a terrible move. Unfortunately, it isn’t always easy working with your relatives, day after day. Personal and professional problems frequently arise. Regardless, for years,...
Feb 19 2006 // There often are not many incentives for agents and brokers to calculate accurate property and business interruption values.When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value...
Feb 19 2006 // In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time a policy is written and to pay that value to the insured when there is a total loss.As is...
Feb 19 2006 // Glendale Community College (Calif.) has added new credit courses for training in the insurance industry. Courses were developed as part of a $1.2 million President’s Community-Based Job Training Grant involving 16...