property insurance News

Colleagues of Oakland Artists’ Colony Founder Paint Caustic Portrait

The founder of a ramshackle Oakland artists’ colony where dozens of people burned to death saw himself as a kind of guru and loved to surround himself with followers but showed chilling disregard for their well-being, according to relatives, neighbors …

North Dakota, with Fewer Volunteers, Ranks 47th in Firefighting Capability

North Dakota ranks 47th in the country in being equipped to fight fires and it’s not helping that fewer people are signing up to be volunteer firefighters. Most fire departments in North Dakota are made up of volunteers but now the …

Small Quake Jolts San Francisco Bay Area: USGS

A small earthquake rumbled beneath the San Francisco Bay area on Tuesday and was widely felt across the region. The U.S. Geological Survey says the magnitude 3.5 temblor struck at 12:40 a.m. PDT and was centered just to the east …

Tourism Decline in California’s Scenic Big Sur Sparked by Wildfire

Lodge managers and cafe owners along California’s dramatic Big Sur coast were looking at a summer of jittery guests and cancelled bookings after fire officials warned that crews will likely be battling a wildfire raging in steep, forested ridges just …

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 …