Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Broadening Club Coverage in a Softening Market
Aug 8 2005 // The softening market has provided some welcome price relief for golf and country clubs, which had weathered significantly higher premiums in the last few years. To agents and brokers writing golf and club business, this is...
Fore! Golf Course Owners: Watch Out for Errant Shots
Aug 8 2005 // To drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she claimed to have retrieved from her yard in the five years she and...
News Briefs
Aug 8 2005 // National Poll Reveals Americans’ Views on Aging: A poll by the MetLife Mature Market Institute conducted by Zogby International shows that 60 percent of Americans believe “old” is age 71 and over, but...
Two Floridians Join Citizen’s Property Insurance Board of Governors
Aug 5 2005 // John D. Collins and Julio G. Rebull, Jr. have been appointed by Tom Gallagher, Florida CFO to the board of governors of Citizens Property Insurance Corp., Florida’s insurer of last resort. Collins is founder and...
Higginbotham Expands Austin Property/Casualty Operations
Aug 5 2005 // Independent insurance brokerage firm Higginbotham & Associates announced the addition of sales associate Scott McGuire to its newest branch office, Austin, Texas. McGuire is the third addition this year, more than...
AMEX Enters N.J. Auto Insurance Market Via Internet Sales
Aug 1 2005 // AMEX Assurance Company,of the American Express Property Casualty companies, is now writing insurance policies in New Jersey. AMEX is entering the New Jersey market exclusively through the Internet. Its web site is...
LAAIA Topic: How to Place Commercial Property Insurance in Dade County
Jul 28 2005 // Three well-known South Florida commercial property insurance placement experts will provide insight into how to write this insurance in Miami-Dade County, Fla. and how to avoid becoming confused with county rules and...
Pa. Supreme Court Holds Building Collapse Coverage Ambiguous
Jul 26 2005 // The Pennsylvania Supreme Court has held that property insurance coverage for the “collapse” of a building is ambiguous and should be construed in favor of policyholders. The court granted coverage in instances...
Safeco Stops Writing New P/L Property Policies in Fla.; Will Stop Renewing Them in 2006
Jul 26 2005 // As of July 26, Safeco stopped writing new personal property policies in Florida and has notified the Florida Office of Insurance Regulation that at the beginning of 2006, it plans to stop renewing personal lines property...
Hurricane Dennis Losses Estimated at $900 Million in Four S.E. States
Jul 26 2005 // Insurance companies are expected to pay policyholders in four states $900 million on claims for insured property losses from Hurricane Dennis according to damage estimates released by the Florida Insurance Council and...
TDI Urges Coastal Residents to Review Insurance Coverages
Jul 22 2005 // During this already active hurricane season, officials at the Texas Department of Insurance are reminding all Gulf Coast home and business owners that is important to periodically review your insurance policies to ensure...
Conning Forecasts Strong PC Insurance Results Through 2007
Jul 20 2005 // Property/casualty insurance industry results should be relatively strong from 2004 through 2007, according to a new study by Conning Research and Consulting Inc. “Our latest projections indicate a slightly better...
A Consumer View on Loss-History Databases
Jul 18 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common-sense protections against unfair underwriting and rating actions by insurers because of information in loss history...
Gregg has held a number of executive positions within Liberty Mutual’s commercial insurance operations since joining the
Jul 18 2005 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer....
A Consumer View on Loss-History Databases
Jul 18 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common-sense protections against unfair underwriting and rating actions by insurers because of information in loss history...
The Industry Goes to School: Universities That Offer Insurance Degrees
Jul 18 2005 // Twenty years ago, it was nearly impossible to find colleges and universities offering degrees in insurance. Now there are many programs across the nation that offer bachelor’s degrees, concentrations, certifications...
Insurance Community Concerns Mount Over Climate Change Debate
Jul 18 2005 // To paraphrase an old adage: “Nothing concentrates the overall mind of the property/casualty insurance community as much as the approaching certainty of large loss events.” So, it’s no wonder that many...
Best Takes Various Actions on 52 Canadian P/C Insurers
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
LAAIA Agents Tackle Condo Policy Issues, Find Statutes Confusing
Jul 7 2005 // Major changes in Florida Statute 718 and how insurance agents should write condominium policies, based on what part of a condominium property should be covered by the condominium association and what part must be covered...
Citizens Property Returns More than 32,000 Policies to Private Market
Jul 6 2005 // More than 32,000 Florida homeowners insurance policies were returned to the private market in June, 2005, officials with Citizens Property Insurance Corporation announced this week. The added policies bring this...
