Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Texas Governor Deems Hailstorm Litigation ‘Lawsuit Abuse’
Feb 20 2017 // In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against...
Texas Supreme Court Sides with Policyholder in Ike-Damaged Property Case
Feb 20 2017 // When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co....
Wraight, New Director of Academy of Insurance, Focuses on Learning Customers’ Needs
Feb 15 2017 // Patrick Wraight has been named the director of the Insurance Journal Academy of Insurance, a leading property/casualty insurance learning center that is part of the Wells Media Group. Wraight, an Army veteran, comes to the...
Miller Hires Richards (from Guy Carpenter) for Its Facultative Property Team
Feb 14 2017 // Miller Insurance Services has expanded its facultative property team with the appointment of experienced broker and producer Damian Richards. Richards will work with the team in London and colleagues across Miller to...
Neon Names AlphaCat’s Pritchard as Head of Property Reinsurance
Feb 13 2017 // Neon has appointed Nick Pritchard as head of Property Reinsurance. Pritchard initially will be based in Neon’s Bermuda office and will oversee the growth of Neon’s property reinsurance operations across both...
Texas High Court Sides with Policyholder in Ike-Damaged Property Case
Feb 13 2017 // When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co....
CNA CEO Robusto ‘Back in the Game,’ Sees Room for Improvement in 2017
Feb 6 2017 // CNA reported fourth quarter and full year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting discipline and results and...
Get Ready for Another Year of ‘Cautious Optimism’ Predict P/C Executives
Feb 6 2017 // A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s (III) 21st Annual Property and Casualty Insurance Joint Industry Forum. The...
Texas Governor Calls for Legislation to Rein in Hailstorm Litigation
Feb 2 2017 // In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against...
Skuld Appoints Knighton as Head of Marine Cargo & Marine Property
Jan 30 2017 // Skuld, the marine insurance provider, announced the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. Knighton will enhance Skuld’s...
Sompo Canopius Names CNA’s O’Riordan as Head of International Property
Jan 27 2017 // Sompo Canopius AG has appointed Steve O’Riordan as head of international property with immediate effect. O’Riordan brings 30 years’ experience in the international property markets to Sompo Canopius and...
P/C Insurance Execs Foresee Commercial Lines Growth, Led by Cyber, Outpacing Personal Lines
Jan 25 2017 // Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber a potentially huge untapped market, according to an Industry Leader Trends...
Zurich North America Names Leaders of Realigned Commercial Divisions
Jan 25 2017 // Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new unit brings together the former Commercial Markets and the former Global Corporate in North...
Chubb Taps Allied World’s Müller as Property & Technical Lines Director, Europe
Jan 25 2017 // Chubb has appointed Alf Müller to the role of Property and Technical Lines director for Continental Europe, as it continues to evolve its client offering in the property, power generation (powergen) and construction...
1/1 Renewals Saw Some Price Stabilization, Record Capital, Demand Uptick: JLT Re
Jan 24 2017 // The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they face the reality of deteriorating results and margin compression, according to JLT Re...
Crawford Names Tolson as CEO of U.S. Property/Casualty Group
Jan 23 2017 // Claims management firm Crawford & Co. has named Kenneth Tolson chief executive officer of its U.S. Property & Casualty group. Tolson will be responsible for the company’s U.S. field operations and catastrophe...
P/C Insurance Executives Express Cautious Optimism for 2017
Jan 23 2017 // A panel of financial experts discussed the opportunities and challenges they see ahead in 2017 at the Insurance Information Institute’s (III) 21st Annual Property and Casualty Insurance Joint Industry Forum, held...
People
Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president. Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...
Everest Insurance Expands with East Region Hires
Jan 10 2017 // Everest Insurance has continued the expansion of its property underwriting team with several Eastern region hires. Patrick Mulready has been appointed vice president of the Everest Wholesale Property Division based in...
Everest Insurance Adds Pena, Twardowski, James to Midwest Property Team
Jan 9 2017 // Everest Insurance has expanded its Chicago-based Midwest property underwriting team with additions in the retail, wholesale and inland marine areas. Victor Pena has joined the Everest Retail Property team as vice president...
