property insurance News

40-Plus Structures Burned in Kansas, Oklahoma Wildfire

Officials say a wildfire that burned hundreds of square miles of rural land in Oklahoma and Kansas this week destroyed at least 41 structures in both states. Oklahoma Forestry Services spokeswoman Hannah Anderson says authorities in both states determined 16 …

Integro Acquires London-Based Broker, Croton Stokes Wilson Holden

International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd. Financial considerations of the transaction have not been disclosed. Founded in 1988, Croton Stokes Wilson Holden Ltd. (CSWH) has …

Ironshore Names Alexander Head of Global Property Programs, Based in London

Ironshore Inc. has announced that Melanie Alexander will serve as head of Global Property Programs, overseeing the London-based property facility business. She will report to Tony Mammolite, president of Global Property. Alexander has been underwriting on behalf of various syndicates at …

The Right Property Data Helps Better Serve Consumers

This post is part of a series sponsored by CoreLogic. Why doesn’t the carrier already have property data on this home? Is this quote accurate or will I have to go back to the homeowner with a revision? Every agent …

AIG Increases Global Commercial Property Limits to $2.5B

American International Group, Inc. (AIG) has significantly raised available global commercial property limits to $2.5 billion per occurrence. According to the company, the move responds to the growing demand for capacity and services by clients managing more complex global risks …

China’s Insurance Marketplace Explained in California Symposium

Few people in the world could probably offer the sort of perspective on China’s developing insurance industry as economist Qixiang Sun. Sun is the dean of the school of economics at Peking University, and director of the China Center for …

California Fire Safety Rule Citations Lag During Severe Drought

Amid the most destructive wildfire season in more than a decade, California’s firefighting agency amped up its warnings to thousands of property owners who weren’t doing enough to protect their homes by clearing brush and other flammable materials. But it …

Tokio Marine Kiln Appoints Dreblow as Head of Corporate & Commercial Property

Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, has appointed Paul Dreblow as head of Corporate and Commercial Property in its London office. The newly created position will see Dreblow responsible for large commercial (LCP) and mid-market …

CNA Hardy Appoints Rollins as Direct & Facultative Property Senior Underwriter

CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, has appointed Jason Rollins as direct & facultative property senior underwriter. Previously, Rollins was an operational underwriter at International Mining Industry Underwriters (IMIU), where he …

Chinese Insurers Seek Strategic Tie-Ups, M&As to Tap Western Expertise

Chinese insurers are pursuing strategic tie-ups and outright mergers and acquisitions to tap Western expertise. They are keen for knowledge on products, pricing and technology as a nascent Chinese market for health and property insurance takes off, industry executives say. …