Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
As Isabel Heads for N.C., Commissioner Urges Storm Readiness
Sep 17 2003 // With Hurricane Isabel threatening North Carolina’s coast, Insurance Commissioner Jim Long today released a comprehensive list of consumer tips to address questions frequently encountered by North Carolinians...
Check Home Cover in Path of Isabel
Sep 17 2003 // Property owners on the Atlantic seaboard who are bracing themselves for Hurricane Isabel should check their insurance coverage and take some basic precautions to secure their homes or businesses, advised the National...
N.J. DOBI Issues Guidelines on Mold/Fungus Exclusions
Sep 11 2003 // New Jersey Insurance Commissioner Holly C. Bakke has issued a bulletin to all NJ P/C Insurers giving guidelines on Mold/Fungus Exclusions for personal and Commercial lines. The bulletin, No. 03-24, replaces a previous set...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Gov. Bush Sees Hope for Industry in Florida and Nationally
Sep 8 2003 // From medical malpractice to workers’ compensation, Florida Gov. Jeb Bush {R} has been working with insurance industry leaders to solve problems in the Sunshine State during his two terms in office. The issues in...
Gov. Bush Sees Hope for Industry in Florida and Nationally
Sep 8 2003 // From medical malpractice to workers’ compensation, Florida Gov. Jeb Bush (R) has been working with insurance industry leaders to solve problems in the Sunshine State during his two terms in office. The issues in...
How Do You Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Allianz German P/C Operations Post Premium Gains
Aug 20 2003 // Allianz Property and Casualty Group Germany, which combines the property and casualty insurance business of the German Allianz companies, achieved a positive underwriting result in the first half-year of 2003 as gross...
Allmerica Names Frederick Eppinger New CEO
Aug 20 2003 // Allmerica Financial Corporation announced that it has named Frederick Eppinger, 44, President, Chief Executive Officer and Director, effective September 8. He will succeed John O’Brien, who resigned in the fall of...
IBHS Congress to Highlight Protecting Against Disasters
Aug 18 2003 // “Taking the Lead in Property Loss Reduction” is the theme of the Institute for Business & Home Safety’s 2003 Annual Congress on Natural Hazard Loss Reduction. The event will be held Nov. 12-13, at...
Production, Service & Employee Satisfaction Drive Higginbotham to the Top
Aug 18 2003 // Fort Worth-based Higginbotham & Associates began as a small personal lines agency in 1948 representing Trinity Universal Insurance Company and SAFECO. Today it is one of the largest independent agencies in North...
Fed. Judge Defers Decision Until Aug. 25 on Injunction Sought by Intellectual Property Suit
Aug 15 2003 // A federal judge on Thursday deferred until Aug. 25 a decision on whether to issue an injunction against San Diego-based Arrowhead General Insurance Agency Inc.’s use of certain computer software. The deferral of...
AIA Calls on N.M. Blue Ribbon Commission to Reduce Tax Toll on Insurers
Aug 12 2003 // The American Insurance Association (AIA) led a delegation of property-casualty trade associations on Monday in urging New Mexico’s Blue Ribbon Tax Reform Commission to recommend real improvements to the state’s...
Insurers Expected to Pay $4.9B for Q2 CAT Losses
Aug 8 2003 // U.S. property/casualty insurers are expected to pay policyholders an estimated $4.9 billion for insured property-loss claims from four catastrophic events in the second quarter ― the second-highest second quarter in...
CNA Financial Reports Q2 Net Income of $70M; Reductions in Workforce to Occur
Aug 7 2003 // CNA Financial Corporation reported net income for the second quarter of 2003 of $70 million, or $0.25 per share, as compared with net income of $31 million, or $0.14 per share, for the same period in 2002. Net income for...
Vesta Reports Cat Losses for Second Quarter
Aug 6 2003 // Birmingham, Ala.-based Vesta Insurance Group Inc. reported a net operating loss from continuing operations of $5.4 million, or $(0.16) per share in the second quarter of 2003 compared to a net operating loss from...
Insure the Game You Love to Play
Aug 4 2003 // Like most other industries, clubs have been impacted a great deal by the hardening market. While recent pricing has improved slightly, clubs still face pricing, stability and consistency issues with respect to their...
ISO Reports Insurers Expected to Pay $4.9B for Q2 Catastrophe Losses
Jul 29 2003 // U.S. property/casualty insurers are expected to pay policyholders an estimated $4.9 billion for insured property-loss claims from four catastrophic events in the second quarter ― the second-highest second quarter in...
N.J. Man Sentenced for Receiving Stolen Property
Jul 23 2003 // New Jersey Attorney General Peter Harvey announced that a Passaic County man was sentenced by Union County Superior Court Judge Rudy Coleman on a charge of receiving stolen property for possessing a stolen...
ACE Limited Announces Executive Appointments
Jul 18 2003 // Bermuda-based ACE Limited announced that Jaime Paredes will join the ACE Group of Companies next month as chairman and CEO of ACE Latin America. Klaus Gebhardt, currently executive vice president, Global Property at ACE...
