All the headlines from our Property Topic Page, ordered by recency.
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...
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...
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...
Nov 21 2016 // China’s Anbang Insurance Group Co. is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, two people involved in the discussions said, in what would be Japan’s...
Nov 21 2016 // XL Catlin has enhanced its Platinum Property insurance program with a new terrorism and political violence insurance option.XL Catlin’s Platinum Property program allows businesses to address 100 percent of their...
Nov 21 2016 // Former long-time Chubb executive Dino E. Robusto assumes the roles of CNA chairman and chief executive officer on Nov. 21, succeeding Thomas F. Motamed, who is retiring after eight years in those positions.The succession...
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
Nov 16 2016 // ISO has introduced new homesharing insurance options to address exposures that policyholders may face when renting out all or parts of their homes.The new homeowners coverage options and accompanying rating provisions have...
Nov 15 2016 // EPIC Insurance Brokers & Consultants has hired Rick Haycock as a property/casualty insurance producer in Northern California.Haycock will be responsible for new business development and the design and management of...
Nov 14 2016 // Everest Insurance has expanded its environmental offering with its new ESP policy form, a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily...
Nov 8 2016 // This post is part of a series sponsored by CoreLogic.In 2015, the amount of area consumed by wildfires in the U.S. topped 10 million acres for the first time, recording an annual total of 10,125,149 acres burned according...
Nov 7 2016 // A 5.0 magnitude earthquake struck Oklahoma on the evening of Nov. 6 near the town of Cushing, an area that has experienced increased seismic activity since 2015, the Oklahoma Geological Survey reported. Several...
Nov 7 2016 // Data provider CoreLogic’s new annual Wildfire Risk report designates 1.8 million single-family homes across 13 Western states as being at “Extreme” or “High” risk of wildfire damage,...
Nov 4 2016 // The West Virginia Supreme Court has ruled that driving under the influence on private property is a crime.The Charleston Gazette-Mail reports that the Supreme Court’s 4-1 ruling last week reversed a Monroe County...
Nov 3 2016 // Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment.Chubb BOP for the...
Nov 2 2016 // Rene van Winden has joined Lockton as a senior vice president and national energy property leader based in the insurance broker’s Houston operation. He is an expert in onshore property insurance programs and will...
Nov 2 2016 // The Georgia Department of Insurance is ordering all insurers operating in the state to report claims information related to Hurricane Matthew. The storm, which began its path through Georgia starting Oct. 7, is estimated...
Oct 31 2016 // Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to...
Oct 31 2016 // On Halloween, homeowners have more to worry about than running out of candy for trick-or-treaters. The Travelers insurance company says there are 24 percent more property crime-related claims on Halloween than an average...
Oct 28 2016 // Wallace & Associates Insurance Agency, based in Jackson, Mo., recently hired Ron Brown as its property/casualty producer. In this position, Brown will handle automobile and home insurance for new and existing accounts,...