All the headlines from our Property Topic Page, ordered by recency.
Jun 3 2013 // The nation experienced a 1.2 percent increase in the number of violent crimes and a 0.8 percent decline in the number of property crimes in 2012 when compared with data from 2011, the FBI said.Violent crime increased in...
Jun 3 2013 // Mother Nature has been kind to Florida’s coastline lately with a record run of seven years without a hurricane making landfall, allowing property insurers time to re-stock their depleted coffers.As a result, before...
Jun 3 2013 // The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased and deductibles, according to a benchmarking report from broker Marsh. Superstorm...
Jun 3 2013 // The Professional Insurance Agents (PIA) said its recent survey shows significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the...
May 31 2013 // HCC Insurance Holdings, Inc. has expanded into builder’s risk insurance with the launch of its new Construction Property Risks Division. The new division will be based in New York and be led by Francis P. Tricamo,...
May 31 2013 // Tom Christmas and his wife argue that they didn’t discover the 84-plus alligators on land next to their homestead until four years after they bought the property in southwest Mississippi.ExxonMobil Corp. counters...
May 31 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty...
May 31 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...
May 30 2013 // Swett & Crawford named Shelbi Nicholson as a property broker to its property practice group in Seattle, Wash. Shelbi brings more than 20 years of insurance experience to Swett & Crawford with primary, excess, and...
May 29 2013 // The UK-based commercial insurance underwriting agency, APC, announced that it has increased the limits on the majority of its public and products liability risks to £10 million ($15 million] and property risks to £50...
May 29 2013 // It’s been nearly eight years since Hurricane Wilma raked the southern end of Florida and caused billions in damages, the last of eight hurricanes to hit the state in 2004 and 2005.Yet even as the state has been...
May 24 2013 // As an insurance guy who has been on both sides of the climate change debate (I’ve worked for organizations full of climate change skeptics and now head one that believes it’s an important public policy issue)...
May 22 2013 // The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market...
May 22 2013 // The property insurance market remained relatively stable and competitive in the first quarter of 2013, with few changes to limits purchased and deductibles, according to a benchmarking report from broker Marsh.Superstorm...
May 22 2013 // XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be responsible for supporting the unit’s Chief Executive, Jason Harris, in...
May 21 2013 // The Maine Legislature last week voted down a bill that sought to place stricter requirements on home insurers’ use of exclusions for losses on vacant homes.The bill LD 1413 (“An Act to Clarify Limitations on...
May 21 2013 // XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America.Motor truck cargo coverage solutions includes flexible limits on 23 additional...
May 20 2013 // A federal appeals panel has upheld the dismissal of a lawsuit filed by a group of Mississippi Gulf Coast residents and landowners who alleged that emissions by energy companies contributed to global warming, which...
May 20 2013 // Snow in October, hurricanes in the Northeast and record-setting “derechos” in the Ohio Valley and Mid-Atlantic regions are a sampling of the unusual weather that is changing the way insurance carriers evaluate...
May 14 2013 // Mobility technology is changing the way the insurance industry operates. But when it comes to working on the go, nothing is as important as mobile device applications. But what apps do independent agents use most? What...