All the headlines from our Property Topic Page, ordered by recency.
Dec 30 2014 // The Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — will be expanded to include the writing of dwelling liability coverage, effective Jan. 7,...
Dec 29 2014 // This post is part of a series sponsored by CoreLogic.Natural hazards continue to pose a significant risk to properties in the United States and abroad. As we near the close of 2014, it is important to take time to consider...
Dec 18 2014 // A levee proposal by the North Lafourche Levee District in Louisiana is receiving flak from landowners who aren’t pleased with updated plans, causing the project to stall.A section of the Lockport to Larose levee...
Dec 16 2014 // The state-managed Recovery School District can’t locate $7 million in property, things like computers and equipment, a repeated problem across the school system, according to a Louisiana legislative audit released...
Dec 15 2014 // Florida’s largest private insurer has raised $19 million through a privately negotiated stock deal with an investment firm that specializes in natural catastrophe reinsurance and weather risk.Universal Holdings Inc...
Dec 15 2014 // U.S. property/casualty insurers have cause for celebration as carriers reported higher overall earnings and premium levels in the 2014 third quarter versus the same period a year ago. Yet, at the same time Moody’s...
Dec 5 2014 // The Louisiana Department of Insurance is reminding property insurance policyholders about the upcoming deadline to claim a Citizens Property Insurance Corp. (Citizens) assessment rebate on their policies.Commissioner of...
Dec 3 2014 // U.S. property/casualty insurers can celebrate higher overall earnings and premium levels in the 2014 third quarter versus the same period a year ago, Moody’s Investors Service said in a new report. At the same time,...
Dec 2 2014 // Imagine an insured taking a photo of a property that gives underwriters every bit of information they need to assess the risk.CoreLogic is working to make that happen sooner rather than later. CoreLogic, a provider of...
Dec 1 2014 // Ratings agency A.M. Best said there is potential for some insurers — particularly the small, geographically concentrated writers — that were impacted by the recent snowstorm in and around Buffalo, New York, to...
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Dec 1 2014 // Connecticut’s Supreme Court ruled that property owners can’t be sued for injuries suffered when someone slips on an icy sidewalk in front of their home or business, unless their town has a specific law making...
Nov 30 2014 // North Carolina insurance officials reported the arrests of five people from Fayetville in an alleged insurance fraud scheme involving a staged auto accident in Cumberland County.Department of Insurance criminal...
Nov 21 2014 // ClearView Risk Holdings LLC, the holding company of Texas-based Southwest Risk LP, announced that Chad Thibodeaux has joined Southwest Risk as a property/inland marine broker. Thibodeaux began his insurance career with...
Nov 21 2014 // Property/catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in catastrophe risk...
Nov 20 2014 // To address the property insurance needs of industrial and commercials properties in Atlanta and the surrounding region, XL Group has appointed Mike Smith as the new Southeast regional underwriting leader in its North...
Nov 19 2014 // Connecticut’s Supreme Court ruled Monday that property owners can’t be sued for injuries suffered when someone slips on an icy sidewalk in front of their home or business, unless their town has a specific law...
Nov 18 2014 // A fingerprint examiner for the Travis County sheriff’s office in Texas will devote the next six months to clearing a backlog of more than 600 property crime cases that piled up over the past 17 months. Most of the...
Nov 17 2014 // The West Virginia Supreme Court has ordered the restoration of monetary damages to Huntington homeowners hit by flooding in 2011.The high court ruled in an appeal brought by five plaintiffs along Krouts Creek, The...
Nov 17 2014 // Last month’s “Minding Your Business” column explored a few reasons an agency might perpetuate the firm, the four common techniques to transfer ownership, pros and cons, and some options for internal...