All the headlines from our Property Topic Page, ordered by recency.
Jan 25 2006 // Countrywide Insurance Services is expanding the company’s Southern California presence with the addition of four new commercial insurance producers and with 7,000 square feet of space in Glendale, Calif. to support...
Jan 24 2006 // Solutions to strengthen Florida’s property insurance market were described by CFO Tom Gallagher during an address to the Windermere Rotary Club in Orlando, Fla.Last year, in the wake of two unprecedented hurricane...
Jan 24 2006 // Although the overall commercial property/casualty marketplace has seen little impact from the severe 2005 hurricane season, coastal property is experiencing a sharp increase in prices for wind and flood coverage, according...
Jan 23 2006 // Each year the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the year ahead. This year’s survey results indicate...
Jan 23 2006 // The year 2005 is looking like it was a relatively good one with solid financial news for property casualty insurers overall, despite record catastrophe losses, and 2006 could bring even better news, according to analysts...
Jan 23 2006 // ‘The expectation for a third consecutive underwriting profit in 2006 is, of course, predicated on the belief that catastrophe activity will return to more “normal” levels.Record catastrophe losses will...
Jan 23 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writersKatrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...
Jan 23 2006 // Florida Insurance Council Executive Vice President Sam Miller predicts hurricane insurance will be the most significant property and casualty issue in 2006, just as it was in 2005, on the state level.“Congress, at a...
Jan 23 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent “Earlybird Forecast Survey,” but the survey of Wall Street...
Jan 23 2006 // Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by property and casualty insurer Wausau Insurance, Wausau,...
Jan 22 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s Earlybird Forecast Survey, but the survey of Wall Street stock analysts and...
Jan 22 2006 // 2006 looking good already for P/C industryRecord catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent Earlybird Forecast Survey, but...
Jan 22 2006 // Susan Alford has been named executive vice president and southeast region head for Aon Consulting in Atlanta. The promotion is effective Jan. 1. Alford will be responsible for Maryland, Virginia, North Carolina, South...
Jan 22 2006 // The Insurance Council of Texas elected James Langford as chairman of its Board of Directors effective Jan. 1, 2006.Langford is the assistant vice president of compliance, regulatory and governmental affairs, and training...
Jan 22 2006 // When you encounter an account you can’t competitively place, instead of declining to quote or expending extensive time searching for a viable market, refer the prospect to a competing producer who can easily write...
Jan 22 2006 // Fortunately for insurers, 2006 will likely feature far fewer screaming headlines announcing investigations into various insurance industry practices such as broker compensation and finite reinsurance.Each year the...
Jan 22 2006 // Multiline Productivity Poll: Agents play key role in understanding riskInsurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey...
Jan 22 2006 // I.I.I. JOINT P/C FORUM: Outside Looking In – Left to right: V.J. Dowling, Dowling & Partners Securities; Mark Puccia, Standard & Poor’s; David Schiff, Schiff’s Insurance Observer; Brian P....
Jan 22 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writersKatrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...
Jan 20 2006 // As Floridians continue to recover from the storms of 2004 and 2005, and the 2006 season fast approaches, it is vital that all property owners living and doing business in areas designated as flood zones by the National...