Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
People
Jun 18 2018 // Erie Insurance, a homeowners and automobile insurer based in Erie, Pa., has named Matt Palczer as vice president of property and subrogation. Palczer began his career with Erie Insurance in 2002 as a mail clerk in the...
I.I.I. on How Insurance Boosts Economy, Communities and Innovation
Jun 18 2018 // While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute argues...
Cyber Business Interruption Remains Area of Uncertainty for Insurance
Jun 12 2018 // Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the newly growing area of non-physical threats? Panelists at the 2018 PLUS Cyber Symposium,...
Pennsylvania Urges Proper Coverage for Home-Based Businesses
Jun 11 2018 // Pennsyslvania Insurance Commissioner Jessica Altman is encouraging small business owners to ensure they have proper coverage and know how to file claims after storm damage. “Many Pennsylvanians run businesses out of...
Property MGA EPUL Offers Online Terrorism Cover as Pool Re Alternative in UK
Jun 11 2018 // European Property Underwriting Ltd. (EPUL), the London-based commercial property managing general agent (MGA), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an...
How Insurance Boosts Economy, Communities and Innovation: I.I.I.
Jun 7 2018 // While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute...
MDP Programs, NTIS to Offer Historic Property Program with Great American
Jun 7 2018 // MDP Programs and National Trust Insurance Services, LLC, divisions of Maury, Donnelly & Parr, Inc., have formed a new strategic relationship with Great American Insurance Group’s Property & Inland Marine...
Hawaii Insurance Agent Busy Sorting out Coverage Mess from Lava Flows
Jun 6 2018 // It could be an understatement to say Amber Lopez, principal at Pacific Island Insurance LLC in Hawaii, has been busy over the past month as the island state’s erupting Kilauea sends lava flows throughout...
People
Jun 4 2018 // Doug Slape has been promoted to second-in-command at the Texas Department of Insurance. Slape has been at the agency since 1988 and has served as deputy commissioner for the Financial Regulation Division the past three...
QBE Adds Inland Marine Property Coverage for Construction Risks
May 25 2018 // QBE North America is continuing its inland marine product expansion with the launch of The Solution for Builder’s Risk, a comprehensive policy offering with coverages tailored for construction projects. Features of...
Bizet to Join JLT Re Property Treaty Team in Miami
May 25 2018 // JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on...
Pennsylvania’s Erie Insurance Names Palczer as Vice President of Property and Subrogation
May 21 2018 // Erie Insurance, a homeowners and automobile insurer based in Erie, Penn., has named Matt Palczer as vice president of property and subrogation. Palczer began his career with Erie Insurance in 2002 as a mail clerk in the...
7 Questions to Consider When Selling Flood Insurance
May 21 2018 // Any agent who has used the National Flood Insurance Program (NFIP) in the past to deliver flood insurance to clients knows all too well that trying to simplify the complexities of flood insurance in the midst of program...
Preferred Property Program Names Dow Vice President of Programs in New Jersey
May 18 2018 // Preferred Property Program (PPP), a national managing general agency, has named Wayne Dow vice president of programs. Dow will be joining the Bell Works office in Holmdel, N.J., to oversee the marketing of PPP products to...
Texas Calls for 2017 Commercial Property, Businessowners Premium Data
May 15 2018 // The Texas Department of Insurance has issued a special data call to companies writing direct commercial property or businessowners insurance in Texas catastrophe areas during calendar year 2017. The data call is necessary...
12 Indicted on Property Insurance Fraud Charges in Southeast Texas
May 11 2018 // A federal grand jury in Beaumont, Texas, has returned a 40-count indictment charging 12 individuals with federal violations related to a $1.7 million insurance fraud scheme in the Eastern District of Texas, U.S. Attorney...
Want Flood? Let the Market Make it Happen.
May 9 2018 // I spent a day last week in a conference that was focused on some specific risks that make up a property insurance gap nationwide. The morning was focused on one of my favorite soap boxes, flood. You guessed it. It’s...
Nationwide Ventures Backs Drone Data Startup Betterview
May 9 2018 // Nationwide has made an investment in Betterview, a machine learning insurtech startup that focuses on analyzing data from drones, satellite and other aerial imagery. Betterview said it will use the undisclosed amount of...
Why Agents Should Care About Underinsurance
May 8 2018 // This post is part of a series sponsored by CoreLogic. When it comes down to it, the biggest loser in a property that is underinsured is the homeowner who may not be able to rebuild their home to the way it was before a...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...