All the headlines from our Property Topic Page, ordered by recency.
May 23 2019 // AXA XL has promoted Brian Gauder to lead its North Central region out of Chicago, Ill.AXA also named Raymond Chiusano to lead its North America property insurance team’s Northeast region out of New York. Chiusano is...
May 22 2019 // The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act...
May 20 2019 // Baltimore, Md., officials say they have a plan to get the city’s real estate market moving again in the midst of a crippling ransomware attack.A manual workaround for property sales during the recovery will begin...
May 20 2019 // For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn.Asking price: anyone’s guess. Some research suggests...
May 20 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
May 20 2019 // The Louisiana Supreme Court has determined that state law does not expressly prohibit a clause in a commercial property insurance policy that specifies that any coverage dispute ending up in litigation must be heard in a...
May 14 2019 // Markel International, the specialist insurer and subsidiary of Markel Corp., has appointed Nick Lazarus as managing director, North American property reinsurance based in London.Leading the existing and established London...
May 14 2019 // Atlanta, GA, May 14, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property program group will be presenting an informational webinar on vacant property insurance...
May 13 2019 // A Florida bill that the insurance industry says will help modernize the state’s surplus lines system, as well as impact property insurer contracts under the Florida Hurricane Catastrophe Fund and reduce “bad...
May 10 2019 // The Insurance Council of Texas has reported several insurance bills of interest are moving in the Texas Legislature as the end of the session draws closer.SB 590/HB 1411, which addresses amendments, cancellations and...
May 8 2019 // Residents seeking compensation after their Houston-area homes and businesses were flooded by two federally owned reservoirs during Hurricane Harvey say authorities knew for decades that such an inundation was inevitable...
May 7 2019 // International General Insurance Holdings Ltd. (IGI), the specialist commercial insurer and reinsurer, has expanded its growing portfolio of insurance business with the launch of intellectual property (IP) insurance.The new...
May 6 2019 // AmWINS Group, Inc., in conjunction with its recent acquisition of The Flood Insurance Agency (TFIA), has launched FloodFLEX, a new commercial property flood product designed to eliminate out-of-pocket expenses not covered...
May 6 2019 // Lighthouse Property Insurance Corp. has acquired Excalibur National Insurance Co., based in Louisiana.Lighthouse CEO and President Patrick White said in a press release that the acquisition “reaffirms...
May 6 2019 // Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new economy while...
May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the North Carolina commercial auto markets as an admitted carrier specializing in insurance for distressed and substandard risks.PPCI offers the capacity to insure...
May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks.PPCI offers the capacity to insure any...
Apr 30 2019 // General Re Corp., the reinsurance subsidiary of Berkshire Hathaway, announced that Andrew D’Arcy will become head of Gen Re International Property & Casualty.D’Arcy will relinquish the role of CEO of...
Apr 25 2019 // Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry...
Apr 24 2019 // It has been a long-held insurance axiom that flood is not considered an insurable peril due to its potentially catastrophic nature. Here is what the report, “Affordability of National Flood Insurance Program...