All the headlines from our Property Topic Page, ordered by recency.
Aug 8 2016 // About This Report: Welcome to the 12th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report.The Top 100 list is ranked by total property/casualty agency revenue for 2015 and comprises only...
Aug 8 2016 // Condominiums present a unique problem for insurance agents and underwriters. Two separate persons (one a legal person and the other a natural person) may “split” the ownership of contiguous property. Regardless...
Aug 3 2016 // Cincinnati Financial Corp. announced that R. Philip Sandercox, Erin A. Skala and Wendy A. Hayes joined The Cincinnati Insurance Co., adding expertise to Cincinnati Re, its reinsurance assumed operation.Sandercox, managing...
Aug 2 2016 // CNA Financial Corp. reported second quarter 2016 net income of $209 million and net operating income of $201 million.“Overall I am pleased with the result this quarter. Although our International segment had a...
Aug 2 2016 // Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI). Investigators allege...
Aug 1 2016 // J.M. Wilson, based in Portage, Mich., has promoted Kristy Galecka to senior property/casualty underwriter and garage specialist. Galecka is responsible for quoting new and renewal accounts for a wide variety of commercial...
Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...
Jul 25 2016 // Universal Insurance Holdings, Inc. was approved in June by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC)....
Jul 20 2016 // AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks.The insurance giant is marketing CyberEdge Plus as offering primary protection for property damage,...
Jul 15 2016 // The “Pokemon Go” craze across the U.S. has people wandering into yards, driveways, cemeteries and even an off-limits police parking lot in search of cartoon monsters, prompting warnings that trespassers could...
Jul 15 2016 // An Alabama cemetery is banning people from playing the popular Pokemon Go game on its property.The president of Mobile Memorial Gardens, Timothy Claiborne, says a cemetery is supposed to be a place for peaceful reflection....
Jul 14 2016 // Recent storms that have dropped heavy rain and hail across North Dakota have caused headaches for motorists, farmers and homeowners.Weekend storms caused widespread crop and building damage in the Killdeer area, where hail...
Jul 11 2016 // Correction: The original version of this article omitted two of President Obama’s nominees, Colorado Insurance Commissioner Marguerite Salazar and Susan Louise Castaneda of The Hartford. Insurance Journal regrets the...
Jul 11 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Jul 11 2016 // Legislation awaiting the signature of Louisiana’s governor significantly lowers the amount of rebate that property insurance policyholders would receive for assessments to cover the debts of the state’s...
Jul 11 2016 // Following a severe hailstorm in south Texas in 2012, insurers were beset with homeowner property lawsuits – sometimes after claims were paid and repairs were completed, according to an insurer trade group.Since then,...
Jul 11 2016 // Rapid development in coastal areas, on barrier islands and near habitat-rich wetland areas prompted the federal government to pass the Coastal Barrier Resources Act of 1982 (CBRA). This was a legislative effort to minimize...
Jul 8 2016 // Another bill dealing with the sharing economy is headed to the California governor’s desk.A bill to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what...
Jul 8 2016 // The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers.UK...
Jul 7 2016 // Insurer Kemper Corp., headquartered in Chicago, announced that George “Chip” D. Dufala Jr. will join the company as president, Property & Casualty Division, effective July 18. Dufala will report directly to...