Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Demotech Classification System
Feb 11 2007 // number of property/casualty insurers call themselves Super Regionals as a way to differentiate themselves in the marketplace. They pride themselves on being not too big and not too small. Big enough for economies of scale...
Fla. Commissioner Prohibits Cancellation of Tornado Victims’ Policies
Feb 7 2007 // Florida Insurance Commissioner Kevin McCarty issued an emergency order prohibiting insurance companies from canceling personal lines insurance policies for residents affected by last week’s tornadoes in central...
Sixth Person Charged in Alleged Okla. ID Theft Crime Ring
Feb 6 2007 // A sixth person has been charged in Oklahoma in an investigation of an alleged identity theft crime ring, according to the office of Oklahoma Attorney General Drew Edmondson’s office. Scott Richard Poor, 50, was...
The Hartford Dropping One-Third of Fla. Property Risks; Tower Hill Reconsiders
Feb 5 2007 // The Hartford Financial Services group says it will drop about 38,000 property insurance policies in the next 18 to 30 months, about a third of its business and personal policies in the state. However, The Hartford’s...
Keane Unclaimed Property Services Division Adds West Coast Office
Feb 1 2007 // Wayne, Pa.-based The Keane Organization announced that its Unclaimed Property Services Division has established a West Coast office and has hired Susan Han, a nationally-known expert in the field of unclaimed property...
Providence Property & Casualty Appoints New Officers
Jan 29 2007 // Providence Property & Casualty Insurance Company, which provides workers’ compensation insurance to Professional Employer Organizations (PEOs), has appointed Stephen (Steve) A. Gober as vice president,...
There’s a lot insurers do not like in Florida’s property insurance fix
Jan 29 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 29 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
Coping with catastrophe
Jan 29 2007 // Ten things agents and brokers can do to help clients obtain adequate cat coverage When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of...
Biggest U.S. property cat losses in 2006 were away from coasts
Jan 29 2007 // Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in...
There’s lot insurers do not like in Florida’s property insurance fix
Jan 28 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 28 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
Fla. Gov. Crist Signs Property Insurance Bill
Jan 25 2007 // Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of...
Miss. Commissioner Sets Hearing for Consumer Bill of Rights
Jan 23 2007 // Mississippi Commissioner of Insurance George Dale twill hold a public hearing for the his proposed regulation regarding a homeowner insurance policyholder bill of rights. The hearing will be held at 9 a.m. on Friday,...
Feb. 12 is ‘Super’ Monday: Super Regional P/C Insurers™ to be Unveiled
Jan 23 2007 // As excitement over the Super Bowl builds, property casualty insurance professionals are anticipating their own “super” day: Monday, February 12. That’s the date when Insurance Journal magazine, in...
Fla. Lawmakers Agree on Insurance Relief Plan; Bill Sent to Gov. Crist
Jan 23 2007 // Florida homeowners could see property insurance rates cut by as much as 40 percent under a plan finalized by lawmakers hoping to reverse hurricane-fueled increases many residents say have threatened to price them out of...
Arrowhead General Expands HO3 Property Product in Nevada
Jan 23 2007 // Arrowhead General Insurance Agency has expanded its HO3 property product in Nevada. There is a maximum coverage A of $750,000, and liability limits of $100,000/$300,000/$500,000. Deductibles are $250, $500 and...
Biggest U.S. Property Cat Losses in 2006 Were Away From Coasts
Jan 19 2007 // Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in...
Next Casper Mountain Fire Could Be Far More Damaging
Jan 18 2007 // Firefighters warn that the next big wildfire on Casper Mountain could be far more damaging to property than the huge fire that burned much of the area last summer. The Jackson Canyon fire covered 12,000 acres, cost about...
Mo. Director Provides Tips to Residents Affected by Deadly Ice Storms
Jan 17 2007 // As Missourians continue to recover from the deadly ice storms of last weekend, newly-appointed Director of the Department of Insurance Doug Ommen, issued a statement offering some helpful advice. “The weight of ice...
