Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Fitch: Hurricane Rita Won’t Cause Widespread U.S. Insurance Company Rating Changes
Sep 26 2005 // Fitch Ratings said Monday it expects Hurricane Rita will represent a material loss to the insurance industry and will create further strain on insurers’ claims-adjusting resources. However, Fitch does not expect any...
Threats From Irate Property Owners Worry Adjusters in Mississippi
Sep 23 2005 // Insurance adjusters working to settle claims in Mississippi sometimes fear for their lives when working with irate property owners, according to Mississippi Insurance Commissioner George Dale. Dale told the Jackson...
Fitch: Katrina Causes Unprecedented Challenges/Risks for P/C Insurers
Sep 19 2005 // Circumstances surrounding Hurricane Katrina are unprecedented in many ways, said Fitch Ratings. So much so that the rating agency may need to reassess the core risk profile of the property/casualty insurance...
Midwest FEATURE: Market Spotlight on Illinois and Ohio
Sep 19 2005 // Although the insurance industry — and the rest of us — are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
A “Safe” Way to Add Value for Your Customers
Sep 19 2005 // Insurance agents need to stand out from the crowd if they are to successfully compete for good clients. One easy way to do this also happens to be a great way to provide a useful service: promoting safety and ways to...
A “Safe” Way to Add Value for Your Customers
Sep 19 2005 // Insurance agents need to stand out from the crowd if they are to successfully compete for good clients. One easy way to do this also happens to be a great way to provide a useful service: promoting safety and ways to...
Midwest FEATURE: Market Spotlight on Illinois and Ohio
Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
Midwest FEATURE: Market Spotlight on Illinois and Ohio
Sep 19 2005 // Although the insurance industry – and the rest of us – are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
NATIONWIDE CUTS BACK
Sep 19 2005 // The Nationwide Mutual Insurance Company has announced it is taking steps to reduce its property exposure in Florida. After these reductions, Nationwide said it will continue to serve more than 570,000 policies in Florida,...
People
Sep 19 2005 // The Independent Insurance Agents of Tarrant County recently installed Ron Brown as president of the association. The installation of Brown and other IIATC officers took place at the association’s annual installation...
Citizens Property Insurance Board Tables Rate-Increase Vote Until Nov.
Sep 16 2005 // A vote on whether to request a 37 percent statewide increase on homes insured by Citizens Property Insurance Corp. was tabled Friday in Orlando by state’s insurer of last resort’s board of governors, which will...
Ricker Tells CPCU: Citizens Provides A ‘Safety Net’ for Uninsurable Property Owners
Sep 14 2005 // Citizens Property Insurance Corp. provides a safety net for the ever-increasing number of Florida’s uninsurable property owners who can not find insurance, Bob Ricker, Citizens president, told members of the Florida...
Kan. Commissioner Reminds Students, Parents on Renter’s Insurance
Sep 14 2005 // Kansas Insurance Commissioner Sandy Praeger is offering some advice to share with parents of college students concerning the protection of personal property that might be damaged, lost or stolen while they are away at...
Guy Carpenter & Company Releases Study of Property Catastrophe Reinsurance Market
Sep 12 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies has released its annual, comprehensive study of the property catastrophe reinsurance market, The...
S&P Analyzes Earthquake Threat for Japan’s Property/Casualty Companies
Sep 12 2005 // “The one-two punch of insurance payouts and share price losses following a major earthquake in Tokyo would not immediately jeopardize insurance companies’ ability to pay claims, but could have a negative impact...
AIG Programs Names The Distinguished Programs Group to Oversee Property Owners Program
Sep 7 2005 // AIG Programs, a division of Lexington Insurance Company, a member company of American International Group Inc. (AIG), has appointed The Distinguished Programs Group as program administrator for Distinguished...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina–which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29–would be in the $10 billion to...
Midwest Surplus Lines: A Market Unto Itself
Sep 5 2005 // Gone are the days when the Midwest’s surplus lines market saw all sorts of business, from high-liability risks to garden variety commercial property coverage. For the region’s surplus lines business, the...
IJ Exclusive: Shand Morahan’s ‘How to Write’ Professional Liability
Sep 5 2005 // In the ongoing “How to Write” broadcast series from the Insurance Journal studios in San Diego, Calif., Carol Murphy and Mary Sanders of Shand Morahan & Co. discussed errors and omissions insurance,...
People
Sep 5 2005 // AVRECO, a wholesale insurance brokerage based in Chicago, has announced the appointment of Marcia Gloppe as an underwriter in the professional liability underwriting department, headed by Linda Deiss. Gloppe began her...
