All the headlines from our Property Topic Page, ordered by recency.
Oct 2 2017 // With two Florida landfalls in the same day, Hurricane Irma’s destructive wind and flood damage could cost up to $65 billion for both insured and uninsured losses, according to a recent estimate by...
Oct 2 2017 // Damage left by Hurricanes Irma and Harvey will lead to a hardened property market and pricing correction, at least in the short-term according to a new KPMG survey.In related analysis, a new Morgan Stanley report...
Sep 26 2017 // Seeman Holtz Property & Casualty, Inc. has acquired three different agencies in Florida as part of its geographic expansion and continued growth throughout the United States. The three Florida agencies most recently...
Sep 24 2017 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired RateGenius Insurance Agency Inc., an affiliate of RateGenius, headquartered in Austin, Texas.Serving all of Texas for almost 10 years,...
Sep 22 2017 // Americans are still buying homes in areas with high risk of natural hazards and the homes in those cities continue to appreciate in value far faster than homes in low natural hazard locales.However, the effect on home...
Sep 22 2017 // With two Florida landfalls in the same day, Hurricane Irma‘s destructive wind and flood damage could cost up to $65 billion for both insured and uninsured losses, according to a recent estimate by...
Sep 20 2017 // Editor’s Note: This is a republication of a January, 2013 article by Sally Coombs, who was then with Fireman’s Fund Insurance Co, which is now integrated into Allianz Global Corporate & Specialty...
Sep 19 2017 // Liberty Mutual Insurance has appointed Gregg Cunningham as executive vice president, National Insurance, and general manager, National Insurance Property. Cunningham, who has 25 years of commercial insurance experience,...
Sep 18 2017 // Damage left by Hurricanes Irma and Harvey will lead to a hardened property market and pricing correction, at least in the short-term according to a new KPMG survey.In related analysis, a new Morgan Stanley report...
Sep 18 2017 // Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis.Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full spectrum...
Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...
Sep 18 2017 // Ambiguity surrounding a Texas law that went into effect on Sept. 1 had insurance industry representatives and attorneys who represent insurance policyholders issuing conflicting messages to insureds who may have suffered...
Sep 18 2017 // For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the...
Sep 15 2017 // The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes an estimated $11 billion in flood losses insured by the National Flood Insurance Program.Insured...
Sep 14 2017 // Seeman Holtz Property & Casualty, Inc. (SHP&C) has acquired Stirling Insurance Services, Inc., headquartered in Boca Raton, Florida.Stirling has served all of Florida for over 28, led by Terry Sgammato and his team...
Sep 13 2017 // I wasn’t planning on writing about hurricane season again, but circumstances made it feel like the right thing to do. This hurricane season is already memorable, and it’s still got over two months to go. The...
Sep 11 2017 // Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars’ worth of property damage in less than two...
Sep 8 2017 // Motel 6 has agreed to pay $250,000 to settle a lawsuit alleging one of its properties in Los Angeles was a base for sex trafficking, drug dealers and gang members.City Attorney Mike Feuer told The Associated Press on...
Sep 7 2017 // Boston-based catastrophe modeling firm AIR Worldwide has estimated property losses from the flooding in Texas caused by Hurricane Harvey’s record-breaking rainfall will be between $65 billion and $75 billion.These...
Sep 5 2017 // BOLT Solutions Inc., a New York-headquartered provider of an online distribution and customer support platform for the property and casualty insurance industry, has hired Tom Temple as managing director of business...