All the headlines from our Property Topic Page, ordered by recency.
May 15 2017 // Florida lawmakers have once again let slip an opportunity to address insurance claims abuse, as legislation failed to make it through the Senate before the 2017 legislative session ended.This is the fifth consecutive year...
May 15 2017 // The passage in the Texas House of a bill limiting liability for property insurance companies sued by policyholders following weather related events has given the insurance industry, which lobbied strongly for the bill,...
May 11 2017 // Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis.The nearly 200,000-square...
May 9 2017 // Private U.S. property/casualty insurers lost big in 2016, reporting a $4.7 billion net underwriting loss driven, in part, by significantly higher catastrophe-related property losses, according to ISO and the Property...
May 9 2017 // Florida lawmakers have once again let slip an opportunity to address insurance claims abuse, as legislation failed to make it through the Senate before the 2017 legislative session ended Friday.This is the fifth...
May 8 2017 // J.S. Held, a Jericho, N.Y.-based construction and property damage consulting firm, said it has become a majority owner in Spex, a digital property inspection and reporting platform for the property/casualty insurance...
May 5 2017 // Note: this story was originally published in the Texas Tribune.The Texas House gave initial passage on May 4 to a bill that would make it harder for property owners to sue insurers over weather-related damage to property....
May 3 2017 // The Texas Department of Insurance (TDI) has issued a special data call to companies writing direct commercial property or business owners insurance in Texas during calendar year 2016, seeking information that would help...
May 1 2017 // Legal marijuana shops are linked to higher levels of property crime in nearby areas, according to a nearly three-year study in Denver.Researchers found that crime isn’t higher in the area immediately surrounding...
Apr 28 2017 // Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada’s big financial services firms, Chief Executive Officer Guy...
Apr 26 2017 // Here at Insurance Journal’s Academy of Insurance, the idea of the sharing economy has been a front burner item lately. This week’s webinar is the third (and last) this year on the subject and the second in...
Apr 26 2017 // Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of John Plummer as chairman of Property & Casualty. Plummer takes up his role with immediate effect.Plummer brings over 30...
Apr 26 2017 // Generali is expanding its U.S. global corporate and commercial operations with the opening of offices in Chicago and San Francisco in a bid to grab more business from U.S. multinational companies.The Italian...
Apr 24 2017 // Neon has appointed Catherine Sethi as senior underwriter in its Property Direct & Facultative (D&F) team.Based in London, Sethi will report to Sam Yates, who joined Neon recently to lead the expansion and growth of...
Apr 24 2017 // Atlanta, GA, April 24, 2017 — Breckenridge Insurance Services announced insurance executive Thomas Elder, AU, ASLI, has joined the company as senior vice president/senior broker. Elder—a 17-year veteran of the...
Apr 24 2017 // Physical property damage due to natural disasters, weather-related or man-made incidents, can be relatively straightforward to assess, but understanding how a different form of property causes damage can be a little more...
Apr 20 2017 // On a predictably gorgeous South Florida afternoon, Coral Gables Mayor Jim Cason sat in his office overlooking the white-linen restaurants of this affluent seaside community and wondered when climate change would bring it...
Apr 20 2017 // The Delaware Department of Insurance, along with insurance regulators for forty-eight other jurisdictions, have reached a multi-million dollar settlement with Assurant Inc. regarding the company’s writing of...
Apr 17 2017 // Cincinnati, Ohio-based Great American Insurance Group has named Julie F. Kadnar divisional president of its Property and Inland Marine Division, succeeding Dale Kelley, who will retire in June 2017. Kadnar joined the...
Apr 12 2017 // AXIS Capital Holdings Ltd. announced the appointment of Michael Leahey as vice president and deputy head of Catastrophe Underwriting for Europe, Middle East and North Africa (MENA), and Israel, for AXIS Re.In addition to...