Latest Property Headlines

All the headlines from our Property Topic Page, ordered by recency.

Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO

Mar 18 2019 // Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients...

Wading into Flood Waters

Mar 18 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...

Consumer Advocacy in an Age of Consumer, Insurer Options

Mar 18 2019 // Years ago, insurance consumer advocates in the states were most often focused on getting consumers access to insurance at fair prices. They still advocate on those issues, of course, but today some are looking beyond these...

3 Claims Areas Where Property Insurers Disappoint Customers

Mar 18 2019 // Property insurers are falling short in some areas of the claims process even as they earn high marks for overall customer satisfaction, according to the J.D. Power 2019 U.S. Property Claims Satisfaction Study.J.D. Power...

Delaware Lawmaker Loses Bid to Revive Lawsuit Over City Property

Mar 15 2019 // A Delaware lawmaker who owns a house damaged by a fire that started in an adjacent city-owned dwelling has lost her bid to revive a federal lawsuit. Rep. Stephanie Bolden, a Wilmington Democrat, claimed that the city...

Florida Governor Urges Lawmakers to Address AOB as Reforms Move Forward

Mar 15 2019 // Just over a week into the 2019 legislative session, insurance industry-supported bills aimed at reforming Florida assignment of benefits (AOB) abuse are making progress in the state legislature.Lawmakers in the Florida...

Marsh Launches Intellectual Property Product With Broad Defense Coverage

Mar 13 2019 // Marsh has launched IP Protect – an insurance product tailored to address organizations’ intellectual property (IP) risks.A proprietary Marsh policy, IP Protect is backed by Ambridge Partners, a managing general...

Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data

Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting.Zesty.ai’s technology provides...

North Carolina Insurance Fraud Round-Up: January, February

Mar 13 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019.Insurance fraud costs American consumers approximately $80 billion dollars a year. According to...

CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 12 2019 // CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name.Accirdubg to Dave...

Zurich Canada Names Steiner from RSA as Head of Property

Mar 12 2019 // Yvonne Steiner has been named head of Property for Zurich Canada.Steiner will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. Her first day at Zurich will be April 15....

BHSI Names Heads of Marine (AXA’s Mairos) & Property (Zurich’s Mannion) in UK, Ireland

Mar 11 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has appointed Pedro Mairos as head of Marine, and Sean Mannion as head of Property, for the UK and Ireland.Mairos comes to BHSI with nearly two decades working in...

Shares of China’s Largest Property Insurer PICC Begin Their Expected Steep Descent

Mar 11 2019 // Shares in China’s largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey.People’s Insurance Co. (Group) of China Ltd.’s...

Texas’ CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 8 2019 // Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk.Additionally, CRC Group has entered into an exclusive partnership...

Aon Partners with Claim Central; Opens New Claims Center in Florida

Mar 4 2019 // Aon plc has established a strategic alliance with global insurtech firm Claim Central to digitize and streamline claim management capabilities and improve the customer experience through technology and services developed...

Mississippi House Votes on Bill Limiting Landowners’ Liability

Feb 28 2019 // Attorneys in the Mississippi House are sharply divided over a bill that could limit the liability of landowners or property managers who are sued by people harmed on their property.The House voted 74-39 Monday to pass...

Insurer Group Warns on Property Losses Due to Climate Change

Feb 27 2019 // Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil.Those were the conclusions a group run out of the University of Cambridge...

New Investor Property Insurance Program Webinar to be Held Thursday, February 28

Feb 25 2019 // Atlanta, GA, February 25, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property group will be presenting an informational webinar on a new investor property...

Round 12: Louisiana Citizens Property Insurance Shedding More Policies

Feb 20 2019 // Louisiana’s property insurer of last resort has completed another round of policy depopulation — its 12th, the state insurance department announced.Louisiana Citizens Property Insurance Corp. (Citizens) offers...

The Original Family Business

Feb 18 2019 // Why family farms dance between the line of personal and commercial coverageNowhere is insurance more complicated than when you mix two exposures that don’t “traditionally” go together, like business and...