Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Energy Property Broker Batten Joins All Risks Ltd. in Dallas
Dec 21 2017 // Independent wholesale insurance broker All Risks Ltd. has added Nancy Batten as energy property broker in its Dallas office. Batten has nearly 30 years of experience in the insurance industry on the wholesaler side. Most...
Volante Global to Launch in Q1 2018 as Multi-Class International MGA Platform
Dec 20 2017 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018, subject to Lloyd’s coverholder approvals where...
Leadership Changes Coming for Louisiana Citizens Property Insurance
Dec 19 2017 // The Louisiana Department of Insurance reported that the leadership of Louisiana Citizens Property Insurance Corp. will change in 2018. Two long-serving employees, Chief Operating Officer Vijay Ramachandran and Chief...
Chubb Names Booker Major Commercial Lines Property Accounts Senior VP
Dec 19 2017 // Chubb has named Matt Booker, as senior vice president, Major Accounts Property, in the United States. In this capacity, he will have responsibility for underwriting, strategy, production, product development, management,...
Language Lessons for Property/Casualty Insurers
Dec 18 2017 // InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf...
Florida Approves Statewide Homeowners Rate Increase of 6.6% For Citizens
Dec 18 2017 // The Florida Office of Insurance Regulation (OIR) has approved statewide rate increases on 2018 personal and commercial property insurance rates for Citizens Property Insurance Corp. OIR approved a statewide increase of 6.6...
Louisiana Citizens Property Insurance Policy Count Continues to Drop
Dec 15 2017 // The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years. The eleventh round of...
Chubb Appoints Church as Head of International Property
Dec 15 2017 // Chubb announced the appointment of Brian Church as executive vice president and head of International Property for Chubb’s Overseas General business, effective Jan. 1, 2018. In this role, Church will have...
Lockton Adds Former Marsh Exec Gillmon to Southeast Property Team
Dec 15 2017 // Lockton has added Brett Gillmon to its Property team as senior vice president. Gillmon will serve as a national resource working closely with the U.S. Property leader Mike Andler, and will provide service and property...
Former Hartford Underwriter Reese Joins Pioneer Underwriters’ Georgia Team
Dec 13 2017 // Pioneer Underwriters has appointed Kellie Reese as an underwriter in its recently launched E&S Property operation. She will report to Dave Phillips, based in Alpharetta, Ga. Reese has almost 30 years of experience as a...
Special Reuters Report: The High Cost of Building in High Flood Risk Areas
Dec 12 2017 // When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo Becerra had to flee his modest 1,500-square-foot house. Muddy floodwater submerged the furniture and...
Florida Approves 6.6% Statewide Homeowners Rate Increase for Citizens
Dec 7 2017 // The Florida Office of Insurance Regulation (OIR) has approved statewide rate increases on 2018 personal and commercial property insurance rates for Citizens Property Insurance Corp. OIR approved a statewide increase of 6.6...
What do Cupcakes, BBQ and Ethnic Fusion Have In Common?
Dec 4 2017 // They top the list of trending food trucks…and food trucks, in general, are definitely trending. With over 4,000 food trucks on the road today and an annual growth of 8% reported by IBISWorld, the trend is expected to...
Miner Dies on Blackhawk Mining Property in West Virginia
Dec 1 2017 // West Virginia mining officials say that a 28-year-old equipment operator for a coal mining company has died. The Office of Miners’ Health, Safety and Training says the incident occurred about 3 p.m. Tuesday on...
Index Shows Where People Are Moving in Next Few Months
Nov 30 2017 // It’s possible to know where in the country more homebuyers will be moving over the next 30 to 90 days, thanks to what’s called a “pre-mover” index. It turns out that the U.S. markets with the...
Florida’s Hurricane Irma Recovery: The Cost, The Challenges, The Lessons
Nov 30 2017 // The hurricane season is officially over, but it didn’t go by without leaving a major mark on Florida and its insurance industry. Hurricane Irma, a name most in the state won’t soon forget, first hit the Florida...
Four Reasons to Explore Underwriting Automation
Nov 28 2017 // This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more...
Florida Keys Insurance Agent Accused of Defrauding Citizens Insurance
Nov 27 2017 // A Florida insurance agent has been arrested after allegedly submitting a fraudulent insurance policy to Citizens Property Insurance Corp., according to a statement from Florida CFO Jimmy Patronis and the Florida Department...
Gardner, Berger Appointed to Louisiana Citizens Property Insurance Commission
Nov 21 2017 // Louisiana Gov. John Bel Edwards has appointed Susan Denise Gardner and Eric S. Berger to serve on the Louisiana Citizens Property Insurance Commission. Gardner, of Clinton, is a certified financial examiner and market...
A Storm of Claims Likely Following 2017 Hurricane Season
Nov 20 2017 // The aftermath of this year’s hurricanes includes massive reconstruction across the impacted areas, which in turn creates an increased possibility for construction defect claims that would affect the liability...
