All the headlines from our Property Topic Page, ordered by recency.
Sep 24 2013 // Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Early reports confirm nearly 2,400 square miles saturated with water causing massive dislocation...
Sep 24 2013 // Fireman’s Fund Insurance Co. has launched Property-Gard Pinnacle, a new commercial property form that integrates new coverages and policy format with existing protection for highly protected risk (HPR) properties.The...
Sep 23 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released three new 2 percent total premium credits for commercial apartment and condominium lines. The Stovetop...
Sep 23 2013 // The surplus lines industry is letting the good times roll. Well, not exactly. But times are good and getting better for wholesalers and insurers doing business in the specialty insurance market, experts say.That’s...
Sep 23 2013 // When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be boring. Such was the case in its Aug. 23 decision in Lennar Corp. v. Markel...
Sep 23 2013 // The property insurer of last resort in Louisiana plans to lower rates for commercial policyholders. The 352 commercial policyholders Louisiana Citizens Property Insurance Corp. covers in coastal areas.would see rates drop...
Sep 18 2013 // A Washington County, Mississippi man has been charged with three counts of insurance fraud involving property claims. Attorney General Jim Hood said in a news release that 31-year-old Oliver Johnson of Greenville was being...
Sep 18 2013 // A coalition of Florida business and consumer groups is objecting to the state-backed property insurer providing coverage for 180,000 individuals who reside outside of the state and, in some cases, the country.The Stronger...
Sep 16 2013 // The FBI estimates that in 2012, the number of violent crimes increased 0.7 percent while property crimes decreased 0.9 percent, the tenth straight year of declines for these offenses, collectively.The 2012 statistics show...
Sep 16 2013 // The state-run property insurer of last resort in Louisiana plans to lower commercial rates.The Advocate reports the bulk of those cuts would benefit the 352 commercial policyholders Louisiana Citizens Property Insurance...
Sep 11 2013 // Although the notion of a binding agreement between two parties dates back to ancient times, the doctrine of contracts has evolved through the years to meet the needs of modern times.In 1911, Judge Learned Hand defined this...
Sep 10 2013 // Lighthouse Property Insurance Corp. reported that Scot Moore has been named as the firm’s new executive vice president. Moore’s accounting career began in 1986 with KPMG Peat Marwick and he has worked in the...
Sep 9 2013 // Fur coats, diamonds and Rolex watches were among hundreds of items once owned by a pair of Wausau, Wis., insurance executives that have been auctioned off to pay for their multimillion-dollar fraud scheme.Federal agents...
Sep 9 2013 // A recent report from the Union of Concerned Scientists, a watchdog group, calls for further reforms to flood and wind insurance programs to discourage risky development and help reduce risk and taxpayer costs.The report,...
Sep 4 2013 // Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives.This magazine launch follows the spring debut of the website,...
Sep 4 2013 // FinSecure — a W.R. Berkley Corp. member company that focuses on insurance for financial institutions — announced that Elizabeth Loft Good has joined the company as vice president and chief underwriting officer...
Aug 30 2013 // The Massachusetts Division of Insurance says that so far, 207 Boston Marathon bombing-related property/casualty claims have been reported by the top 25 insurers and the residual market insurer Massachusetts FAIR Plan.These...
Aug 29 2013 // Cochrane & Company has combined general liability and property insurance for its ARMS program for the shooting sports industry, which includes ammunition, firearms manufacturing, and all supporting specialties. The...
Aug 26 2013 // Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Mike Martin as executive vice president and general manager, National Insurance Property. Martin will lead a unit that provides...
Aug 22 2013 // Business property insurer FM Global is urging property owners to take active measures now to help prevent potential storm losses as the peak of hurricane season approaches.“A big lesson from Hurricane Sandy is that...