Latest Property Headlines

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

Sompo Canopius Names CNA’s O’Riordan as Head of International Property

Jan 27 2017 // Sompo Canopius AG has appointed Steve O’Riordan as head of international property with immediate effect.O’Riordan brings 30 years’ experience in the international property markets to Sompo Canopius and...

P/C Insurance Execs Foresee Commercial Lines Growth, Led by Cyber, Outpacing Personal Lines

Jan 25 2017 // Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber a potentially huge untapped market, according to an Industry Leader Trends...

Zurich North America Names Leaders of Realigned Commercial Divisions

Jan 25 2017 // Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new unit brings together the former Commercial Markets and the former Global Corporate in North...

Chubb Taps Allied World’s Müller as Property & Technical Lines Director, Europe

Jan 25 2017 // Chubb has appointed Alf Müller to the role of Property and Technical Lines director for Continental Europe, as it continues to evolve its client offering in the property, power generation (powergen) and construction...

1/1 Renewals Saw Some Price Stabilization, Record Capital, Demand Uptick: JLT Re

Jan 24 2017 // The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they face the reality of deteriorating results and margin compression, according to JLT Re...

Crawford Names Tolson as CEO of U.S. Property/Casualty Group

Jan 23 2017 // Claims management firm Crawford & Co. has named Kenneth Tolson chief executive officer of its U.S. Property & Casualty group. Tolson will be responsible for the company’s U.S. field operations and catastrophe...

P/C Insurance Executives Express Cautious Optimism for 2017

Jan 23 2017 // A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s (III) 21st Annual Property and Casualty Insurance Joint Industry Forum, held...

People

Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president.Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...

Everest Insurance Expands with East Region Hires

Jan 10 2017 // Everest Insurance has continued the expansion of its property underwriting team with several Eastern region hires.Patrick Mulready has been appointed vice president of the Everest Wholesale Property Division based in...

Everest Insurance Adds Pena, Twardowski, James to Midwest Property Team

Jan 9 2017 // Everest Insurance has expanded its Chicago-based Midwest property underwriting team with additions in the retail, wholesale and inland marine areas.Victor Pena has joined the Everest Retail Property team as vice president...

Everest Insurance Expands U.S Property Team

Jan 9 2017 // Everest Insurance has expanded its property underwriting team with several key hires in the retail, wholesale and inland marine areas.According to the insurer, joining the Everest Wholesale Property team are: Patrick...

ICAT Syndicate 4242 & Neon Partner to Underwrite Large U.S. Property

Jan 9 2017 // ICAT Syndicate 4242 at Lloyd’s, a U.S. catastrophe-exposed property underwriter, and Neon, a specialist Lloyd’s underwriter, have partnered in a reciprocal capacity arrangement to bring additional per risk...

Strong Storm Causes Property Damage, Power Outages in Pensacola, Florida

Jan 3 2017 // Authorities say about 30 homes show impacts from a storm with strong winds that swept through Pensacola, Fla., early Sunday.Escambia County Public Information Officer Joy Tsubooka told the Pensacola News-Journal that no...

XL Catlin Launches Active Assailant, Terrorism Threat Coverage

Dec 21 2016 // XL Catlin’s has launched Active Assailant, Loss of Attraction and Threat (ALT) insurance coverage to respond to the impact of terrorism or an active assailant attack or the threat of an attack on the operations of...

Texas Issues Mandatory Data Call to Property/Casualty Insurers

Dec 19 2016 // The Texas Department of Insurance has issued a mandatory annual data call to all insurance companies writing private passenger nonfleet automobile, homeowners multiple peril, workers’ compensation, commercial fire...

Battle Over Property Claims and Litigation in Texas Set to Continue in 2017

Dec 19 2016 // If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will be encouraged in the coming leg­islative session to take up what the property/casualty insurance industry says is a problematic trend following severe...

Property Claims and Litigation Likely on Texas 2017 Legislative Docket

Dec 19 2016 // If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will likely be encouraged in the coming legislative session to take up what the property/casualty insurance industry says is a problematic trend following...

2016 State Specialist P/C Insurers Revealed: Demotech

Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...

Aviva to Reopen Property Fund It Suspended After Brexit Vote Turmoil

Nov 23 2016 // Aviva Investors, the fund arm of insurer Aviva, plans to reopen the UK property fund it was forced to suspend during the market turmoil which followed Britain’s vote to leave the European Union in June.British funds...

Rockhill’s New E&S Property Unit Focused on Coastal Risks

Nov 22 2016 // Columbus, Ohio-based Rockhill Insurance Group, a member of the State Auto Insurance Group has launched an excess and surplus (E&S) property unit. Led by industry veteran Tracy Upton the unit is a catastrophe wind and...