All the headlines from our Property Topic Page, ordered by recency.
Jul 7 2020 // Has the coronavirus experience changed how property/casualty insurance professionals view their jobs?Yes and no. The biggest change is that many in the industry learned they can do their job from home, and most, although...
Jul 6 2020 // Canopius, the London-based specialty re/insurer, announced the launch of a set of cyber property products for medium-to-large corporations across all sectors across the globe.In light of the ever-evolving cyber threat, the...
Jul 6 2020 // Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25.Gutlovics,...
Jul 6 2020 // Demotech Inc. Reveals Leading Multi-State Property/Casualty Insurers In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of...
Jul 6 2020 // Tropical Storm Imelda hit the Texas Gulf Coast on Sept. 17, 2019, as a fairly low-level tropical storm but that doesn’t mean it was an inexpensive one in terms of property damage, especially with regard to...
Jul 2 2020 // The American Property Casualty Insurance Association is opposing legislation that would create a rebuttable presumption that the COVID-19 virus caused property damage triggering business interruption coverage in commercial...
Jul 1 2020 // Many property/casualty insurance professionals, most of whom have been working at home during the pandemic, may need some convincing not only to return to an office anytime soon but also to engage in typical business...
Jun 29 2020 // This post is part of a series sponsored by CoreLogic.Accurate valuation is critical to the primary functions of the real estate economy. From the listing of a property all the way through acquiring insurance, there are 3...
Jun 25 2020 // According to Dorothy in the Wizard of Oz, there’s no place like home.For many in the property/casualty insurance industry, home is where their job has been during the pandemic. While millions of people in other...
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
Jun 22 2020 // Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance – Property. Mackie will be responsible for managing the underwriting of U.S. property risk and pro-rata...
Jun 19 2020 // The Hartford has hired William H. Steinberg as head of wholesale property for Navigators, a brand of The Hartford. Steinberg reports to Vince Tizzio, head of the Global Specialty business at The Hartford.As head of...
Jun 15 2020 // Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25.Gutlovics,...
Jun 15 2020 // A property services company has agreed to pay $550,000 and change its business practices to settle allegations that it violated state consumer protection laws by illegally profiting from Massachusetts homeowners facing...
Jun 15 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Jun 15 2020 // A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to pay nearly $350,000 to resolve a lawsuit filed by Washington state Attorney General...
Jun 10 2020 // The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida...
Jun 10 2020 // Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites of business interruption coverage language are unfair, according to a...
Jun 9 2020 // Thanks to Friend of the Academy of Insurance, Joe Harringon, for this guest post. Joe is an independent business researcher and writer specializing in property and casualty coverages. He is also a regular instructor with...
Jun 5 2020 // The city of Minneapolis says the looting and property damage that following the death of George Floyd in police custody has caused least $55 million in destruction so far.Vandals damaged or set fire to at least 220...