All the headlines from our Property Topic Page, ordered by recency.
Dec 20 2018 // Fitch Ratings said it expects the November wildfires in California to have some but not great impact on property/casualty insurers’ year-end results and it anticipates limited or no rating actions due to the fires....
Dec 17 2018 // XL Catlin has added Kimberly Hans to its Broker & Client Management team as Southeast Regional Leader.Hans is based in Atlanta and reports to Robert Peretti, XL Catlin’s Head of Broker & Client Management in...
Dec 13 2018 // Gallagher Bassett, the risk management services subsidiary of Arthur J. Gallagher, has boosted its size and offering in the United Kingdom by acquiring Property Claims Management Services Ltd. (PCMS).With origins dating...
Dec 12 2018 // Florida-based catastrophe reinsurance broker COIN Re has appointed global property reinsurance professional Andy Crichton as executive vice president, effective Dec. 7, 2018.Crichton will be based in London, England, where...
Dec 11 2018 // Willis Towers Watson has appointed Tom Rowley as senior vice president, North American Property, and named Matt Harvey as senior vice president, International Property. Both will sit within the Property & Casualty...
Dec 3 2018 // Fires across North America in 2018 have continued the pattern of extreme destruction established by significant insured loss events in both Northern and Southern California last year and the 2016 disasters in Alberta and...
Dec 3 2018 // Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re’s latest sigma study.Swiss Re’s report said that the figure illustrates increasing risk...
Nov 28 2018 // It’s that time of year at the Academy. I’m pouring over spreadsheets and schedules. I’m emailing instructors and planning classes. Yeah. I’m trying to look ahead and work ahead, all while looking at...
Nov 27 2018 // The voters have spoken. Republicans have increased their slight advantage in the Senate, while Democrats have flipped the House and will now be in control there. Of course, President Trump, a Republican, still occupies the...
Nov 26 2018 // Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re’s latest sigma study.Swiss Re’s report said that the figure illustrates increasing risk...
Nov 26 2018 // A.M. Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of National Farmers Union Property and Casualty...
Nov 20 2018 // Keating, Inc., a specialty property and casualty wholesale intermediary and program manager, has launched a new in-house monoline property package product. The new program features the monoline property coverage as well as...
Nov 19 2018 // Market Detail: McNeil & Co.’s FireWatch Program (www.mcneilandcompany.com) is a comprehensive insurance and risk management program. The program offers specialty insurance products to the complete fire protection...
Nov 19 2018 // Construction has a major problem: every year, construction sites suffer $11 billion in losses due to damage from fire and water, worker accidents, and theft. In addition, a fifth of all worker deaths in the U.S. –...
Nov 19 2018 // Jackson Sumner & Associates (JSA) has hired Adam Winfree as the company’s Virginia marketing representative.Winfree joins the company as a 13-year veteran of the insurance industry, having worked previously as...
Nov 15 2018 // A.M. Best has placed under review with positive implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” of Savers Property and Casualty...
Nov 15 2018 // Ohio-based insurance provider Tower Hill Specialty LLC says its property insurance products available are now available in Missouri.A subsidiary of Tower Hill Insurance Group LLC headquartered in Gainesville, Florida,...
Nov 7 2018 // Swiss Re Corporate Solutions appoints Michael LaRocca as head of Property & Specialty Lines North America, effective November 7, 2018.In this role, LaRocca will be responsible for managing the strategy, development and...
Nov 7 2018 // A few weeks ago, we got a question in through IJPro. The agent was asking about the wisdom of having a customer change from a dwelling fire type policy form to a commercial property type of policy. Of course, my first...
Nov 7 2018 // Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd.The...