Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // A recent Wall Street Journal story proclaimed, “As Hurricane Season Begins, Disaster Insurance Runs Short.” Indeed, the stark headline in the July 10 article mirrors the market reality: There is a severe lack...
New breed of pampered pet services creates market for insurers
Aug 7 2006 // With pet-friendly hotels, doggie happy hours and pet massages available today, this world might truly have gone to the dogs–and cats. According to the American Pet Products Manufacturers Association Inc., 63 percent...
‘Mom & Pop’ dry cleaning market hangs on environmental issues
Aug 7 2006 // While franchises and large company mergers have changed the landscape of businesses across the United States, the “Mom and Pop” structure of most dry cleaning facilities continues to be successful. With...
Growth in retail shopping centers a boon for insurance brokers
Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...
Plenty of room in still-growing self-storage program market
Aug 7 2006 // Randy Tipton, president of Universal Insurance Facilities (www.univins.com) in Phoenix, understands firsthand why self-storage facilities have caught on with so many Sunbelt residents and made her insurance niche a...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // The marine market, although not immune to severe weather and other catastrophic occurrences, has not suffered to the extent of the mainline commercial property sector. A recent Wall Street Journal story proclaimed,...
Fighting future losses in the midst of fire season
Aug 7 2006 // With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned,...
Marine market responds to stressed catastrophic property coverage
Aug 7 2006 // The marine market, although not immune to severe weather and other catastrophic occurrences, has not suffered to the extent of the mainline commercial property sector. As such, industry players have sought to fill gaps in...
New breed of pampered pet services creates market for insurers
Aug 7 2006 // With pet-friendly hotels, doggie happy hours and pet massages available today, this world might truly have gone to the dogs—and cats. According to the American Pet Products Manufacturers Association Inc., 63 percent...
‘Mom & Pop’ dry cleaning market hangs on environmental issues
Aug 7 2006 // While franchises and large company mergers have changed the landscape of businesses across the United States, the “Mom and Pop” structure of most dry cleaning facilities continues to be successful. With...
Growth in retail shopping centers a boon for insurance brokers
Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...
Plenty of room in still-growing self-storage program market
Aug 7 2006 // Randy Tipton, president of Universal Insurance Facilities (www.univins.com) in Phoenix, understands firsthand why self-storage facilities have caught on with so many Sunbelt residents and made her insurance niche a...
Crump Names Sienkiewicz Property Broker
Aug 4 2006 // Natalie Sienkiewicz has joined Crump Insurance Services Northwest as a property broker in the Bothell, Wash., office. Prior to joining Crump, she spent seven years as a package underwriter for Chubb focusing on commercial...
AmCom Offers Contractors’ Property and Inland Marine Coverage
Aug 4 2006 // AmCom Insurance Services Inc. in San Ramon, Calif., is offering contractor’s property and inland marine coverage in California to compliment the existing, preferred commercial auto program. The program is being...
Safeco Reports Strong Profitability in Second Quarter
Aug 2 2006 // Seattle-based Safeco has reported second-quarter net income of $199.7 million, reflecting consistent, profitable underwriting performance across all major lines of business. According to the company, it initiated expense...
Mercator Expands Northeast Property Practice with Gatto
Aug 1 2006 // Mercator Risk Services, an independent wholesale insurance broker, has added Vincent Gatto to its Northeast property practice as a vice president. Prior to joining Mercator, Gatto worked for eight years as a retail and...
Citizens Property in ‘Strong Financial Postion’
Jul 27 2006 // Citizens Property Insurance Corporation has $5 billion in reserves to deal with potential losses as the 2006 hurricane season moves into the traditionally active month of August, according to Bob Ricker,...
Infinity Property and Casualty Declares Quarterly Dividend
Jul 26 2006 // Infinity Property and Casualty Corp. of Birmingham, Ala. has declared a quarterly dividend of $0.075 per share of Infinity Property and Casualty Common Stock. The dividend is payable on Aug. 21, 2006 to holders of record...
OneBeacon Onboard ABC Aviation Property Program
Jul 24 2006 // The ABC Program, a subsidiary of Adrian N. Baker & Co., a national program administrator for regional airports and fixed-based operators, announced that its aviation property program – The ABC Program –...
Donelon orders insurers to extend hurricane claims period in Louisiana
Jul 24 2006 // Just over a month after asking insurers in his state to voluntarily do so, Louisiana Commis-sioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana extend the period...
