Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
1347 Property Insurance Holdings Expects Losses from Louisiana Storms
Aug 23 2016 // 1347 Property Insurance Holdings Inc., which offers specialty property/casualty insurance through its subsidiary, Maison Insurance Co. (Maison), said it expects to incur losses from claims related to damage from the recent...
Tornado Causes Property Damage in Michigan but No Injuries or Deaths
Aug 22 2016 // A storm that appeared to spawn at least one tornado slammed parts of western Michigan on Saturday, causing extensive damage but no injuries or loss of life, authorities said. State Police spokesman Dale Hinz said damage...
The Top 10 Things Sharp Brokers Should Consider When Placing Cyber Liability
Aug 22 2016 // The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are...
Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement
Aug 18 2016 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with RDX Holding, LLC, the parent of American Coastal Insurance Co. (ACIC or American...
Endurance Global Risk Solutions Launches Environmental Liability Products
Aug 17 2016 // Endurance Specialty Holdings Ltd. has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products...
Florida-Based UPC Insurance Appoints St. John as Chief Claims Officer
Aug 16 2016 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, appointed Scott St. John as its chief claims officer effective August 22, 2016. St. John will be responsible for directing...
Allianz Group’s AGCS Names Property, Engineering & Risk Consulting Senior Leaders
Aug 15 2016 // Allianz Global Corporate & Specialty SE (AGCS) has announced senior underwriting appointments in property and engineering as well as risk consulting. Thierry Portevin will take over the role of global head of Property...
Florida Homeowners Insurer Olympus Adds Newby as VP of Claims
Aug 15 2016 // Olympus Insurance Co., a Florida homeowners insurer, has appointed Martin Newby as vice president of Claims. Newby will serve as Olympus’ senior claims executive responsible for the development, implementation,...
Wells Media Group Names Blosfield Insurance Journal East Editor
Aug 11 2016 // Wells Media Group Inc. recently hired Elizabeth Blosfield as editor for Insurance Journal’s East region. Blosfield has a background in financial reporting, previously serving as a New York-based energy and...
IFG Companies Taps Blumencranz to Head Sales, Marketing
Aug 11 2016 // IFG Companies has added Brett M. Blumencranz as senior vice president, and head of Sales and Marketing. Blumencranz comes to IFG with more than 20 years of experience in business development within the financial services...
Top 100 Independent Property/Casualty Agencies
Aug 8 2016 // About This Report: Welcome to the 12th annual Insurance Journal Top 100 Independent Property/Casualty Agencies report. The Top 100 list is ranked by total property/casualty agency revenue for 2015 and comprises only...
Condominiums and the Problems They Cause
Aug 8 2016 // Condominiums present a unique problem for insurance agents and underwriters. Two separate persons (one a legal person and the other a natural person) may “split” the ownership of contiguous property. Regardless...
The Cincinnati Insurance Co. Adds 3 to the Cincinnati Re Team
Aug 3 2016 // Cincinnati Financial Corp. announced that R. Philip Sandercox, Erin A. Skala and Wendy A. Hayes joined The Cincinnati Insurance Co., adding expertise to Cincinnati Re, its reinsurance assumed operation. Sandercox, managing...
CNA Reports Q2 Results with Improved P/C Underwriting
Aug 2 2016 // CNA Financial Corp. reported second quarter 2016 net income of $209 million and net operating income of $201 million. “Overall I am pleased with the result this quarter. Although our International segment had a...
10 Arrested in North Carolina Staged Auto Accident Ring
Aug 2 2016 // Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI). Investigators allege...
J.M. Wilson Promotes Galecka; Hires Richards and Moloney
Aug 1 2016 // J.M. Wilson, based in Portage, Mich., has promoted Kristy Galecka to senior property/casualty underwriter and garage specialist. Galecka is responsible for quoting new and renewal accounts for a wide variety of commercial...
What to Know About Liability and Legal Costs for Apps
Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...
Universal Property & Casualty Expands Into Alabama Homeowners Market
Jul 25 2016 // Universal Insurance Holdings, Inc. was approved in June by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC)....
AIG Unleashes New Primary Cyber Policy for Property/Liability Exposures
Jul 20 2016 // AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks. The insurance giant is marketing CyberEdge Plus as offering primary protection for property damage,...
The ‘Pokemon Go’ Files: 10 Tales of Trespass, Robbery, Murder and More
Jul 15 2016 // The “Pokemon Go” craze across the U.S. has people wandering into yards, driveways, cemeteries and even an off-limits police parking lot in search of cartoon monsters, prompting warnings that trespassers could...
