Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Insurance issues have been key in Southeast’s ongoing recovery
Dec 25 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
Top 10 Stories of the Year – South Central
Dec 24 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
Top 10 Stories of the Year – Southeast
Dec 24 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Insurance Surcharges Add up for Florida Property Owners
Dec 22 2006 // Many Floridians already facing soaring insurance rates will be hit by additional surcharges that could tack another 9 percent to their premiums next year, according to the association that pays claims for defunct...
ID Theft, Fraud Case Leads Okla. AG to Ask for Statute Change
Dec 21 2006 // Oklahoma Attorney General Drew Edmondson’s office will propose legislation to expand his Consumer Protection Unit’s prosecutorial authority. In a release, Edmondson said a case he recently filed, which concerns...
La. Rating Commission Rejects Key Rule Change for Allstate
Dec 18 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The...
Recovery Czar to Meet with Insurer Regarding Southern La.
Dec 14 2006 // Federal recovery czar Donald Powell says he plans to meet with St. Paul Travelers Companies Inc. about the company’s recent decision not to renew commercial property insurance policies in southern Louisiana. During a...
Virginia Property Owners Alerted to Insurers’ Higher Deductibles
Dec 14 2006 // Virginia’s Bureau of Insurance is advising property owners in the state that several top writers of property insurance are imposing mandatory hurricane deductibles of five percent on new and renewal policies. Many of...
Number of western businesses buying property terrorism coverage increases dramatically
Dec 11 2006 // Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, an increase from the 2003 average of 27 percent and up from 50 percent in 2004. A report from insurance...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
Can the stand-alone market withstand TRIA ending?
Dec 11 2006 // The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage. With a recent...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
A state-based insurance safety net
Dec 11 2006 // The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the...
Lost in translation
Dec 11 2006 // Global businesses need integrated insurance solutions to ensure adequate protection A U.S. company has purchased a manufacturing plant in China as part of a global expansion. Now, it needs property insurance for that...
A state-based insurance safety net
Dec 10 2006 // From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation for insurers. Debate continues with participants anxiously assessing the impact...
People
Dec 10 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and...
People
Dec 10 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and...
