Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Mississippi House Votes on Bill Limiting Landowners’ Liability
Feb 28 2019 // Attorneys in the Mississippi House are sharply divided over a bill that could limit the liability of landowners or property managers who are sued by people harmed on their property. The House voted 74-39 Monday to pass...
Insurer Group Warns on Property Losses Due to Climate Change
Feb 27 2019 // Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge...
New Investor Property Insurance Program Webinar to be Held Thursday, February 28
Feb 25 2019 // Atlanta, GA, February 25, 2019 — Jared Mathis, executive vice president and head of the Blue River Underwriters’ specialty property group will be presenting an informational webinar on a new investor property...
Round 12: Louisiana Citizens Property Insurance Shedding More Policies
Feb 20 2019 // Louisiana’s property insurer of last resort has completed another round of policy depopulation — its 12th, the state insurance department announced. Louisiana Citizens Property Insurance Corp. (Citizens) offers...
The Original Family Business
Feb 18 2019 // Why family farms dance between the line of personal and commercial coverage Nowhere is insurance more complicated than when you mix two exposures that don’t “traditionally” go together, like business and...
Mississippi Lawmakers Consider Bill Limiting Liability of Property Owners
Feb 12 2019 // Mississippi senators are advancing a bill that would limit people’s ability to sue property owners for injuries or other problems. Senate Bill 2901 passed Thursday by a 32-17 vote. It was held for the possibility of...
New Beazley Environmental Liability Coverage Targets Banks, Lenders
Feb 11 2019 // Specialist insurer Beazley has launched site lender environmental asset protection (SLEAP) cover to protect banks and other lenders from pollution risks that could seriously impair the value of property used as collateral...
What do you mean, I have to cover YOUR property?
Feb 6 2019 // The Academy Journal is pleased to present the following article by our friend, Craig Andrews. As questions come to me from property-casualty practitioners all over the country, one situation in particular seems to popping...
People
Feb 4 2019 // AmTrust Financial Services announced leadership changes as it moves forward as a private company. Its $2.95 billion privatization plan was finalized on November 28, 2018 after receipt of all approvals. AmTrust announced...
What It Takes to Successfully Resolve Insurance Coverage and Claims Disputes
Feb 4 2019 // While Understanding Why Some Claims Are Denied In the first column of this series, I provided an overview of what it takes to successfully resolve coverage and claims disputes without litigation. In the coming months, we...
Breckenridge Insurance Services To Hold Investor Property Insurance Webinar for Agents
Feb 1 2019 // Atlanta, GA, February 1, 2019 — Breckenridge Insurance Services will hold a webinar for agents who are working with insureds that have real estate investment portfolios such as property investors, property managers and...
How Forensic Meteorologists are Assisting with Florida First-Party Property Cases
Jan 30 2019 // Every day the impact technology has on our daily lives increases. The legal profession is not immune to the inundation of technological advances. A prime example of the collision of law and technology is how forensic...
Prime Property & Casualty Insurance Enters Kentucky Commercial Auto Market
Jan 29 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kentucky commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI offers the capacity...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...
Flood Coverage, TWIA, Workers’ Comp Relativities Among TDI Concerns in Legislative Report
Jan 21 2019 // In its 2018 Biennial Report to the Legislature dated Dec. 14, 2018, the Texas Department of Insurance made several recommendations to state lawmakers regarding issues the agency believes are worth looking at in the...
BHSI Expands into UK-Ireland Property Construction, Taps Scor’s Seamer to Lead Team
Jan 18 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding into the property construction insurance market in the UK and Ireland and has appointed Simeon Seamer to lead the effort as head of Property...
Suit Targets Shell Over Oilfield Contamination in Louisiana’s Spanish Lake Basin
Jan 14 2019 // Wetland ecologist Scott Nesbit drove down a gravel oil field road in Louisiana in an all-terrain utility vehicle, zipping under a heavy forest canopy toward what he says is the source of it all. Nesbit’s target was a...
Brightway Goes ‘All In’ on Independent Agents, Unveils No-Cost Path to Agency Ownership
Jan 10 2019 // On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled...
AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting
Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities. AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...
Texas Insurance Department Recommends Flood Disclosure on Property Policies
Jan 9 2019 // In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session. One, at...
