Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Hartford Moving Closer to Its P/C Roots But Not Severing All Life Ties
Mar 21 2012 // The Hartford Financial Services Group Inc., under pressure to boost its stock price from hedge fund manager John Paulson, said it would get rid of most of its life insurance-related operations and focus on being a property...
Say Something Nice About Florida Insurance
Mar 19 2012 // Even though there are many problems to be resolved, at least they are out in the open and are being discussed, not buried in some political jargon and dismissed. If we could just get the PACs out of the way… The...
2012 Hot Markets: New Hope in Housing Market
Mar 19 2012 // This article is part of our Hot Insurance Markets for 2012 special feature. 2012 is delivering a sense of growing optimism for the housing industry – a welcomed relief to a market that has been troubled in recent...
People
Mar 19 2012 // Florida largest property insurer named a state regulator and former state lawmaker as its interim president. Citizens Property Insurance Corp. announced yesterday that it has hired Tom Grady to take over as president and...
Florida Unclaimed Property Scam
Mar 19 2012 // Florida consumers are being warned of an emerging unclaimed property scam. Chief Financial Officer Jeff Atwater said scammers have been offering to reunite consumers with unclaimed property for an upfront fee of...
Poms Names Flannery VP of Property/Casualty in Southern California
Mar 12 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Martin V. Flannery vice president in the property/casualty group in its Woodland Hills office. Prior to joining Poms & Associates,...
Property Owners Urged to Claim Louisiana Citizens Assessment Rebate
Mar 9 2012 // State officials in Louisiana are calling on property owners to claim their assessment rebate charged on their insurance policies. Following Hurricanes Katrina and Rita in 2005, all property policies were charged an...
NW Indiana Property Owners See Rise in Leasing Inquiries
Mar 7 2012 // Commercial and industrial landowners around northwest Indiana are redoubling efforts to market their parcels now that the economy has brightened from the recession’s dark days. Building activity may heat up this...
More in West Virginia Accept Flood Property Buyouts
Mar 6 2012 // Another 33 property owners in a flood-prone Berkeley County, West Virginia community have agreed to government buyouts. The buyouts will give the county title to a total 116 parcels in Sportsman’s Paradise along the...
Texas Company Develops Up-to-Date Property Data for Insurers
Mar 5 2012 // In many ways, insurance is a battle for information. From marketing to underwriting to claims, the ability to know as much as possible about a potential insured, especially for property risks, is vital. With that in mind,...
Mississippi County’s Funds for Flood Property Buybacks Remain Unspent
Feb 29 2012 // The state of Mississippi has asked Hancock County for $6 million in funds not spent on a “property acquisition” project. The project is a limited buy-out plan designated to reduce the repetitive losses of...
ACM Continues Expansion with Opening of Tampa Bay Office
Feb 23 2012 // San Diego, CA, 02/23/12 – American Claims Management, Inc. (ACM), a national third party administrator, has opened an additional office in Tampa Bay, Florida to leverage the Company’s growth in its East Coast,...
Florida Lawmakers Still Balk at Raising Homeowners’ Premiums for Cat Fund
Feb 21 2012 // State lawmakers have gambled with their constituents’ money for years when it comes to dealing with Florida’s property insurance issues. But now, many top industry analysts suggest, the odds may be turning...
Keeping up With the Greens: What to Know About Hobby Farm Insurance
Feb 20 2012 // What to Know About Hobby Farm Insurance The Green family owns a small farm. It’s not their primary source of income, but it is a lifestyle choice, and their hobby farm is just that – a hobby. The Green family...
Southeast Business Moves
Feb 20 2012 // BB&T Corp, Crump North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group. BB&T said it will pay $570 million in cash...
Obama Budget Bolsters Intellectual Property Enforcement
Feb 17 2012 // The Obama administration has proposed hiring more prosecutors to pursue intellectual property crimes in the new budget as the entertainment industry pressures the U.S. Justice Department to crack down on copyright...
PERILS Estimates Windstorm Andrea Property Losses at $350 Million
Feb 15 2012 // According to PERILS, the Zurich-based catastrophe data provider, initial loss estimates for property losses caused by windstorm Andrea, which struck Western Europe at the beginning of January, are €267 million [$350...
XL Group Launches Product for Construction Equipment
Feb 14 2012 // The marine insurance unit of XL Group has unveiled Contractor’s Equipment Coverage Solutions, a package designed to protect the equipment of general building, infrastructure and specialty contractors. “Whether...
Poms Names Mahl SVP of Property & Casualty in Southern California
Feb 10 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice...
Torus Appoints Rousseau to Develop General Property in France
Feb 6 2012 // Global specialty insurer Torus has appointed Gilles Rousseau as Senior Underwriter, General Property. He is based in Paris and has more than 30 years of underwriting experience, as well as “extensive knowledge of the...
