Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Liberty Mutual Names Kayali West Division Underwriting Manager
Feb 4 2015 // Liberty Mutual’s national insurance property operation has named Melissa Kayali division underwriting manager in its West region. Based in Los Angeles, Calif. Kayali is responsible for expanding Liberty...
Philadelphia Insurance Companies Announces 2 Promotions
Feb 3 2015 // Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurance company for niche markets, promoted two vice presidents to senior vice presidents. Bob...
Understanding Commercial Property Underwriting and ‘COPE’
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The...
Canopius Expands U.S. Business, Adds Ironshore’s Winfield
Jan 29 2015 // Canopius Group Limited, the global specialty insurance and reinsurance platform of Sompo Holdings, is expanding its its U.S. operations with the appointment of Bradley Winfield as head of U.S. Direct Property. Bradley...
Reported Crimes Fell in First Half of 2014: FBI
Jan 26 2015 // The number of property crimes and violent crimes reported for the first six months of 2014 was down from the first six months of 2013, according to statistics from the FBI. The report, based on information from 11,009 law...
TWIA Legislative Recommendations Address Funding, Depopulation
Jan 26 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 26 2015 // A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB...
Oklahoma Jazz Hall : Insurance Debts Paid or Not?
Jan 25 2015 // The shaky finances of the Oklahoma Jazz Hall of Fame seem to be attracting more attention than the museum itself. Executives at the nearly 30-year-old Tulsa nonprofit have sternly denied that the museum was in dire straits...
Legislative Focus for Texas Windstorm Insurer: Funding, Depopulation
Jan 22 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...
Chinese Insurers’ Hunt for Trophy Properties Boosts NYC, London Prices
Jan 20 2015 // What do New York’s most famous hotel, the Lloyd’s of London building and the headquarters of the U.K.’s top law firm have in common? They’re all owned by Chinese insurers. This new breed of buyers,...
Texas Bill Would Protect P/C Agent Ownership of Expiration Rights
Jan 13 2015 // A bill filed in the Texas Legislature for the 2015 session would clarify that insurance agents in the state have exclusive ownership of the expiration rights to property/casualty insurance policies they sell and place. HB...
Mass. FAIR Plan Expands to Include Dwelling Liability Coverage
Jan 12 2015 // The Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — has expanded to include the writing of dwelling liability coverage, effective Jan. 7,...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Lighthouse Property Names Stewart as North Carolina Rep
Jan 6 2015 // Lighthouse Property Insurance Corp. has appointed Bill Stewart as its marketing representative for North Carolina. Stewart brings 16 years of insurance industry experience to Lighthouse. Before joining the Lighthouse team,...
Topel Joins Hays Cos. in Chicago as President of Property/Casualty
Jan 6 2015 // Hays Companies announced Steve Topel has joined its Chicago operations as president of property and casualty. He will be responsible for spearheading new business development, overall office leadership, and recruiting...
Atlas General Insurance Services, LLC, Announces Addition of New Binding Agreement for Its Property DIC Division
Jan 6 2015 // San Diego, CA, January 6, 2015: Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the addition of a new binding agreement for its Property DIC Division. The agreement,...
Aon’s Andler to Lead Lockton’s Property Practice
Jan 5 2015 // Insurance broker Lockton has named industry veteran Michael Andler as executive vice president and head of its U.S. property insurance practice. Andler will operate from Lockton’s New York office. Andler joins...
Global Indemnity Completes Purchase of American Reliable
Jan 5 2015 // Dublin-based Global Indemnity plc’s U.S. affiliate said it has completed its previously-announced purchase of American Reliable Insurance Co. from Assurant Inc. In a transaction valued at approximately $394,000,000,...
Aon Benfield 2015 Reinsurance Outlook Notes ‘Financial Security’ Strength
Jan 5 2015 // The roller coaster ride engendered by the entry of large amounts of alternative capital into the reinsurance market – originally seen as a threat – has turned out to be a major factor in strengthening the capital...
Mass. FAIR Plan Expands to Include Writing of Dwelling Liability Coverage
Dec 30 2014 // The Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — will be expanded to include the writing of dwelling liability coverage, effective Jan. 7,...
