All the headlines from our Property Topic Page, ordered by recency.
Aug 24 2020 // The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the threat not only to their own IP, but also the potential that they may face a claim of infringement by...
Aug 21 2020 // A federal judge in Texas has dismissed an independent insurance agency from a lawsuit brought by a Dallas restaurant group seeking reimbursement for business income losses stemming from the civil authority enforced...
Aug 21 2020 // In an opinion that could inform coronavirus business interruption claims now before various courts, a federal appeals court has ruled that a Florida restaurant is unable to collect on its insurance for business...
Aug 19 2020 // What is the best way to launch this article? I don’t know if I should say I’m itching for a fight or if it’s better to say that insurance carriers are misinterpreting coverage forms and I am trying to...
Aug 19 2020 // The Long-Term Issuer Credit Rating (Long-Term ICR) of Southern Pioneer Property and Casualty Insurance Co.(Southern Pioneer) in Jonesboro, Arkansas, has been upgraded by AM Best to “bbb+” from...
Aug 19 2020 // New wildfire guidelines from an insurance industry home safety organization offer guidance for adapting suburban communities to the growing threat of wildfire.The Insurance Institute for Business & Home Safety (IBHS)...
Aug 18 2020 // Georgia’s governor, who has opposed local mask mandates and even sued over one in Atlanta, has signed a new executive order that allows local governments to enact mask requirements to help fight the coronavirus...
Aug 13 2020 // The New Jersey Department of Banking and Insurance (DOBI) has provided guidance for homeowners suffering property damage caused by the recent tropical storm that rattled the state.DOBI has issued guidance for New Jersey...
Aug 12 2020 // This summer marks three years since the NotPetya malware attack, which has been called the most devastating cyber attack in history. While cyber experts say cybersecurity and prevention strategies have since evolved in...
Aug 11 2020 // The stage has been set for a major battle over a California bill due to be heard in the next few weeks in a key committee that opponents say is a direct attack on insurance consumer protections and proponents say is the...
Aug 10 2020 // Global average commercial insurance prices increased 19% in the second quarter of 2020, the eleventh straight quarter they have risen.Average price increases were driven principally by increases in property insurance rates...
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
Aug 10 2020 // Gridiron Insurance Underwriters, Inc., a program manager specializing in program business on a regional and national basis through select retail and wholesale producers, has hired Ben Murphy as its new head of...
Aug 10 2020 // “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in a letter to shareholders.In the letter that was mostly commentary on second quarter results,...
Aug 10 2020 // Insurance for a condominium association is designed to finance the insurable exposures for the association. These exposures include the property and several liability exposures, including what would be covered by a...
Aug 7 2020 // The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus.In a case brought by the owner of several restaurants...
Aug 6 2020 // AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains as clients react to the ongoing COVID-19 pandemic.“We believe that COVID has...
Aug 5 2020 // Insurer American International Group Inc. racked up $730 million in COVID-19-related losses during the first half of the year, its chief executive officer said on Tuesday.The pandemic is a “formidable and ongoing...
Aug 4 2020 // The Reinsurance Solutions business of Aon plc has appointed Catherine Turner as head of UK Property, and co-leader with Richard Evans of its UK & Ireland and Specialty Casualty business.Turner will report to Peter...
Aug 3 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Kapil Palathinkal as head of First Party Lines, Middle East, and Carlos Beltran as head of First Party Lines, Asia, overseeing General Property,...