Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property
Apr 29 2025 // This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. A summary of these new hires follows here. CEO of Carbon Retires for...
Transatlantic Underwriters Expands Into Property, Liability Coverage, Names Flores SVP
Apr 22 2025 // Transatlantic Underwriters, a specialized wholesale brokerage for trucking and transportation insurance, is making a limited move into broader property-casualty coverage. The Marietta, Georgia-based firm, founded in 1989,...
New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting
Apr 18 2025 // The New Hampshire Insurance Department (NHID) has issued a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems to assess automobile damage. That guidance came in response to a...
People Moves: Allianz Commercial Expands US Construction With Hires; IMA Hires Lockton’s Wargo to Lead Property Team
Apr 9 2025 // Kristen Hoskinson Allianz Commercial, headquartered in New York City, expanded its U.S. construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Kristen...
People Moves: URA Adds Fifth Third Bank Executive and Financial Planner to Leadership Team; AXA XL Names Hermann Head of Property for Central Zone
Apr 8 2025 // Unison Risk Advisors Adds Fifth Third Bank Executive and Financial Planner to Leadership Team Joe DiRocco Unison Risk Advisors (URA), headquartered in Cleveland, Ohio, hired Joe DiRocco, formerly an executive with Fifth...
The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market
Apr 8 2025 // Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Nichols (Linkedin) Apex Star...
Cattle Raisers Insurance to Offer 10% Discount on Travelers Property Coverage
Apr 7 2025 // Cattle Raisers Insurance, in partnership with Higginbotham, announced a new offering that provides qualified Texas & Southwestern Cattle Raisers Association members with an exclusive 10% discount on Travelers property...
US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals
Apr 7 2025 // Reinsurance renewal rates continued dropping during January renewals, but U.S. property/catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from Moody’s...
JD Power: Customers Not Happy With Carrier Property Claims Service
Apr 7 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends: Vacancies, Alternatives, Valuations, Wildfires
Apr 7 2025 // Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to...
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections
Apr 1 2025 // A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires insurers to provide a notice...
California OKs Increase in FAIR Plan Commercial Property Coverage Limits
Mar 31 2025 // California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous...
Property Data and Info Provider CoreLogic Rebrands to Cotality
Mar 24 2025 // Property data provider CoreLogic is rebranding to Cotality. The rebrand includes a new name, logo and brand identity. “The property ecosystem underpins the prosperity of individuals, businesses, governments, and...
JD Power: Customers Not Happy With Carrier Property Claims Service
Mar 20 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates
Mar 18 2025 // Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct and facultative (D&F) portfolio with a new binder backed by Lloyd’s Somers...
Judge Finds Frozen Embryos Are Not Property That Can Be Divided
Mar 17 2025 // A northern Virginia judge determined embryos are not property that can be divided up, rejecting a previous analysis by the court saying such fertilized eggs could be considered divisible “goods or chattel”...
US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals
Mar 14 2025 // Reinsurance renewal rates continued dropping during this year’s January renewals, but US property/catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from...
People Moves: Shipper to Head Beazley N.A. Commercial Property; Porch Group Names New Leadership; Allstate Names Carter as CHRO
Mar 14 2025 // Lindsay Shipper Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in...
People Moves: Courtney to Lead Nationwide’s Newest E&S Brokerage Property Unit
Mar 7 2025 // Tonya Courtney Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with the goal of opening for business in the second half of the...
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund
Mar 6 2025 // RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built...
