All the headlines from our Property Topic Page, ordered by recency.
Jul 18 2018 // It’s moving week. That’s right. We are taking on the monumental task of moving our home. This isn’t new to my family. My wife and I have been married over 25 years and haven’t lived in one house for...
Jul 16 2018 // Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help property owners and their brokers better manage mid-size and large risks. According to...
Jul 16 2018 // The Independent Insurance Agents of Texas (IIAT) elected Jeffrey L. Brady of Brady, Chapman, Holland & Associates (BCH) in Houston to serve as IIAT chair for 2018-19.Brady was elected during IIAT’s 121st Annual...
Jul 16 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services to U.S. property/casualty and life insurance companies, has appointed Joanne Morrissey and Gary Dubois as senior advisors based in New York...
Jul 11 2018 // Powered by InsuranceJournal.tvAlthough the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the growing area of non-physical threats?This question was...
Jul 6 2018 // The Maryland Court of Special Appeals has concluded that Harleysville Preferred Insurance Company has a duty to defend the limited liability company that owns and operates Rams Head Tavern in underlying litigation...
Jul 5 2018 // Three new property/casualty insurance companies have been approved to do business in Arkansas, the state insurance department reported. All three are based in Florida.Counting the recently accepted companies, 10 new...
Jul 3 2018 // Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates.The facility will be led by TMK and is one of the...
Jul 2 2018 // Officials estimate $1.7 million in property damage was lost to a “controlled-burn” fire that blazed out of control and destroyed 36 homes in a tiny Florida Panhandle community.The Tallahassee Democrat reports...
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously.The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Jun 29 2018 // Talage Inc. is an insurtech to its core – both in function and name.The Reno, Nev.-based software platform designed to help small business owners compare and quickly purchase a range of commercial insurance policies...
Jun 29 2018 // After Hurricane Harvey inundated David Bush’s Richmond, Texas, home with 20 inches of rain, he knew he wanted to rebuild but was worried about how his property could be protected from the next big storm.So, Bush came...
Jun 28 2018 // Every $1 a business spends on hurricane protection reduces loss exposure by an average of $105.That’s based on an analysis by global commercial and industrial property insurer firm FM Global, which reviewed loss and...
Jun 28 2018 // XL Catlin and new insurtech-focused program administrator Bamboo Insurance have entered into an underwriting agreement to provide property insurance in California. Bamboo Insurance is a California-based program...
Jun 28 2018 // Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in...
Jun 27 2018 // Iowa-based Holmes Murphy has named John Hurley II as president of Property Casualty Brokerage Services.Hurley was formerly senior vice president of Property Casualty, and this new title reflects the high-caliber work...
Jun 25 2018 // Residents in a Newport, R.I., neighborhood say baseballs hit out of a field used by a collegiate summer league team are damaging their houses and cars.The Newport Daily News reports residents gathered at City Hall to...
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously.The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO of a new, yet-to-be-named property catastrophe managing underwriting facility that will be exclusive to RT Specialty. Company...
Jun 20 2018 // Two leading U.S. property/casualty insurance carrier trade groups are talking about merging.The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) said their respective...