All the headlines from our Property Topic Page, ordered by recency.
Mar 1 2013 // Melanie DeVos has been promoted to vice president, Client Services – Property and Casualty at Assurance, an independent insurance brokerage located in Schaumburg, Ill., and St. Louis, Mo.This newly created role is...
Mar 1 2013 // ClearView Risk Holdings LLC (CVR), the holding company of Dallas, Texas-based Southwest Risk LP (SWR), announced that Simon Bancroft has joined SWR as a senior property broker. Bancroft started his career in the London...
Feb 25 2013 // Self-promotion is not a trait a lot of people respect, but when you think you really have something to offer, there’s no harm telling folks about it.Is there? Starting on page 22 guest columnist Carl Morello, vice...
Feb 25 2013 // Editor’s note: This is the first of a three-part series to explain insurers’ requirements for building updates and to help agents advise clients on mitigating risks inherent in older buildings. Later articles...
Feb 22 2013 // Without a single headline referring to a hardening property/casualty insurance market, Wells Media Group has launched a new website—CarrierManagement.com—a business management publication focusing on the needs of...
Feb 21 2013 // Nearly two-thirds of Louisiana Citizens Property Insurance Corp. (Citizens) rebates that are available to policyholders are unclaimed, according to state Insurance Commissioner Jim Donelon.Donelon and Department of Revenue...
Feb 15 2013 // It has been more than two years since the adults regained control of Florida, yet the specter of the Charlie Crist days of demagoguery, populism-at-any-cost and overall political buffoonery looms heavy over the state...
Feb 14 2013 // Edgewood Partners Insurance Center named George Descalso as a property and casualty insurance producer and principal in its San Mateo, Calif., office. Descalso’s responsibilities include the acquisition of new...
Feb 13 2013 // Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $2.0 million for the fourth quarter of 2012, compared to $12.4 million in Q4 2011. After tax net income for the full year was $280.4 million,...
Feb 13 2013 // Lockton Companies has named Sheri Wilson as national property claim director to advise Lockton clients on complex property insurance claims. She is based in the insurance broker’s Dallas, Texas, office and serves as...
Feb 11 2013 // Florida lawmakers’ first draft of a property reform emphasizes depopulating and diverting policies from Citizens Property Insurance Corp., the state-backed property insurer that has 1.3 million policyholders.The...
Feb 8 2013 // Hundreds of property/casualty insurance companies have not registered with Alabama regulators as required, prompting the state insurance department to issue a warning and extend the registration deadline to March 31.The...
Feb 4 2013 // Clearwater, FL, 02/04/13 – In alignment with the corporate initiative for growth of the company’s presence in Central Florida, Atlantic Specialty Lines of Florida , Inc. has added Liz Henderson, AAI, AIS to...
Jan 31 2013 // With Florida lawmakers expected to consider formal changes to the state’s property insurance market next week, state Democrats are signaling that they will likely oppose any measure that results in higher...
Jan 31 2013 // Florida lawmakers are planning next week to release a draft version of a property insurance reform bill.The Senate Banking and Insurance Committee has taken the lead on property insurance reform this year and so far has...
Jan 30 2013 // Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases.However, according to a new report published by Marsh, traditional...
Jan 30 2013 // Do you always verify exposure changes at renewal? The genesis of a common E&O claim is when a commercial client changes their operations and the agency does not catch this at renewal. These claims can be property or...
Jan 28 2013 // Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy the demand-surge impact is minimal so far, an expert said recently.There has only been a...
Jan 28 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” of New York-based American International Group, Inc. (AIG), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and...
Jan 28 2013 // More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster.For the most part, the types of allegations and claims that surface after a catastrophe are the same as...