All the headlines from our Property Topic Page, ordered by recency.
Jun 18 2014 // The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management...
Jun 17 2014 // Bermuda-based Ironshore Canada has announced its entry into the Commercial Property Market with capacity that enhances its existing suite of specialty products available in the Canadian region.“Ironshore Canada has...
Jun 17 2014 // US and London-based risk management company ImageCat has flowed up its successful launch of “inhance” with a new partnership with the global property information, analytics and data services provider CoreLogic,...
Jun 17 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty insurance industry needs to change although exactly how remains a matter of debate.Reinsurers face a growing threat from the capital...
Jun 16 2014 // Find out by submitting your entry for the 2014 Insurance Journal Top Property/Casualty Agencies Listing.There are four ways to qualify: 1. Top 100 Independent P/C Agencies 2. Top Commercial Lines Independent Agencies 3....
Jun 16 2014 // The number of U.S. single family home sales attributed to flipping is on the decline but that isn’t deterring investors.Despite the percentage of flipped homes shrinking to 3.7 percent of the total homes sold, the...
Jun 11 2014 // American International Group Inc. promoted Peter Hancock to chief executive officer as the company focuses on growth after his predecessor stabilized the insurer and paid back a 2008 government bailout.Hancock, 55,...
Jun 10 2014 // Willis Group Holdings announced that in “response to growing demand from property investors for insurance cover that is compliant with Islamic law it has launched the UK’s first Shariah compliant commercial...
Jun 3 2014 // The U.S. Supreme Court will not hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners.The Supreme Court made no comment in denying the petition May...
Jun 2 2014 // Swett & Crawford, part of Cooper Gay Swett & Crawford (CGSC), a global wholesale and reinsurance broking group, appointed Todd Morin as vice president and broker for the property practice group. He is based in...
Jun 2 2014 // U.S. multinational businesses are increasingly seeking opportunities in new regions of the world, expanding outside of the United States and continental Europe into sub-Saharan Africa, Asia and Latin America. As their...
May 30 2014 // In 2008, Florida’s government-run property insurer paid Warren Buffett $224 million to agree to buy its debt if a major storm struck. Six hurricane-free years later, the state is turning investors away.With hurricane...
May 29 2014 // The federal terrorism risk insurance backstop, in place in one form or another since 2002, will likely be reauthorized by Congress, and in the absence of a major catastrophe — man-made or otherwise — the current...
May 27 2014 // Pennsylvania’s insurance department said last Friday it has taken steps to help consumers after a hail storm caused widespread damage in communities in eastern Pennsylvania.The department said it will allow...
May 27 2014 // A.M. Best has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa” of the...
May 15 2014 // XL Group has named Michele Sansone as president of its North America property insurance business and head of its global risk engineering division, XL GAPS. Reporting to Joseph Tocco, chief executive of XL Insurance’s...
May 14 2014 // Chinese insurers face increasing risks from their investments in property and local government debt as the nation’s economic growth slows, according to a senior regulatory official.The China Insurance Regulatory...
May 12 2014 // Computer technology has revolutionized the collection and use of massive amounts of data, and yet, somewhat ironically, it’s frequently harder to find what one actually needs. Aphorisms abound – “big...
May 8 2014 // A Florida circuit court has found that a condominium owner’s property policy did not include coverage for the “explosion” of an advanced decompose body since it did not fall under a name peril listed in...
May 7 2014 // Louisiana Citizens Property Insurance Corp. will connect its policyholders with experienced, licensed and insured local contractors in a program with Home Depot.The state’s property insurer of last resort says the...