Latest Property Headlines

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

California Insurance Commissioner Wants Inventory Requirements Eased for 2018 Wildfire Survivors

Oct 4 2018 // California Insurance Commissioner Dave Jones wants insurers to assist wildfire survivors by voluntarily easing detailed personal property home inventory requirements and to follow the lead of other insurers providing at...

New Property Insurer, Journey, to Include Texas in Initial Roll Out

Sep 28 2018 // Texas is one of three states in which a new property/casualty insurance company plans its initial roll out.In addition to Texas, Florida-based Journey Insurance Co., formed by United Insurance Holdings Corp. (UPC...

UPC Insurance, Tokio Marine Kiln Form New Florida-Based Property Insurer ‘Journey’

Sep 27 2018 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has formed Journey Insurance Co. in partnership with Tokio Marine Kiln.The new property and casualty insurer will...

Guest Post: Post-Disaster Readiness: The Psychology of Downed Trees

Sep 26 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this very personal post. Thanks,...

Chubb Appoints Barziza to Lead North American Property Claims

Sep 25 2018 // Chubb has appointed Tim Barziza as head of its North American Property Claims. In this role, Barziza will be responsible for leading the technical and administrative operations of the Property Claim Service, including the...

Willis Towers Watson Launches Property Loss Modeling Platform

Sep 20 2018 // Willis Towers Watson has launched a new technology platform to help organizations analyze potential property losses across a global portfolio with the aim of optimizing risk transfer and insurance strategies. The new...

Did You Just Ask That?

Sep 19 2018 // We’ve received a few questions lately through our Ask an Expert service that motivated this post.Wait. You don’t know about Ask an Expert? It’s a benefit of the new subscription service through Insurance...

Cannabis: Striking a Balance Between Federal and State Laws

Sep 17 2018 // Currently, 30 states and the District of Columbia have legalized the use of cannabis in some form. Some states restrict use to medically necessary uses, while other states have legalized recreational use. Still other...

Partner Re Celebrates Its First 25 Years– When Everything and Nothing Has Changed

Sep 17 2018 // During PartnerRe’s first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved–or diversified–over the...

Mullarkey to Head Canada Property & Energy for Swiss Re Corporate Solutions

Sep 14 2018 // Swiss Re Corporate Solutions has named Jamie Mullarkey as head of Property & Energy, Canada. In this role, Mullarkey leads property and energy underwriting in Canada with teams based in Toronto and Vancouver. He...

Cherokee Nation Official: Medical Marijuana Illegal on Tribe Property

Sep 13 2018 // A Cherokee Nation official says medical marijuana won’t be legal on the Oklahoma-based tribe’s property even though the state’s voters approved use of the plant. The Cherokee Phoenix reports Cherokee...

Pay Attention to the Hurricane Deductible

Sep 12 2018 // It’s hurricane season.I’ll wait for your shock to subside. If you live in a coastal state from Texas on the Western Gulf Coast to Virginia, you already knew it was hurricane season. I’m just reminding...

North Carolina Insurance Fraud Round-Up: August

Sep 10 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of August.Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...

AIG’s Turpin Joins Arch Insurance as Head of U.S. Property

Sep 6 2018 // Valerie Turpin has joined Arch Insurance as executive vice president and Head of U.S. Property. She succeeds Michael Kmetz, who has taken a different role within the firm. In this position, Turpin will have oversight of...

15 Emerging Risks Worth Watching That Are Not Cyber

Sep 3 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form.While cyber obviously poses tremendous risks, some...

Proper Insurance Coverage for Construction Crucial in Avoiding Costly Litigation

Sep 3 2018 // If residential property owners don’t confirm proper insurance coverage and carefully consider labor laws when hiring contractors, they could be in for some costly litigation, according to two speakers at a July...

Virginia Reminds Homeowners to Review Property Coverage Before a Hurricane

Aug 30 2018 // Although hurricane activity in the Atlantic has been relatively quiet so far for 2018 with only five named storms to date, the Virginia State Corporation Commission’s (SCC) Bureau of Insurance is reminding Virginians...

Maday Joins J.M. Wilson as Assistant Property/Casualty Underwriter

Aug 29 2018 // Managing general agency and surplus lines broker J.M. Wilson has added Mark Maday as assistant property/casualty underwriter in the company’s Arlington Heights, Illinois, office. Maday is responsible for underwriting...

Finding the Missing Pieces in the Condo Insurance Coverage Puzzle

Aug 28 2018 // Have you ever watched someone try to finish a jigsaw puzzle with pieces missing? There are still a few hundred pieces to place, but there is one open space in the middle of a grove of trees that beckons to be filled. The...

Commercial Lines Premiums Up 2% in Q2: CIAB Survey

Aug 23 2018 // The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of...