Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Closer Look: Insurance Associations
Apr 3 2006 // Editor’s note: This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // “The ultimate objective is for an insurer is to use an ERM framework to better understand and manage the correlation and diversification of risk across the company and uses this information to determine overall risk...
The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and
Apr 3 2006 // outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two...
Fitch: Deterioration in profits for U.S. P/C sector
Apr 3 2006 // The U.S. property/casualty insurance industry will report deterioration in profitability in 2005 because insured catastrophe losses reached record levels in 2005, Fitch Ratings said. The decrease in profitability is...
iPartner Data Management Scorecard Application Released
Mar 28 2006 // Atlanta-based iPartners has announced the release of iPartners Insurance Scorecard to help managers in mid-sized property casualty insurance companies to view and analyze all of the data they need to maximize...
Aon Global Market Property Tracker Shows Rates Still Falling
Mar 28 2006 // According to Aon’s first “Global Market Property Tracker” the “slide in international property insurance rates” appears to be continuing despite “a number of terrorism incidents around...
Fitch: Deterioration in Profits For U.S. P/C Sector At YE2005
Mar 28 2006 // The U.S. property/casualty insurance industry will report deterioration in profitability in 2005 because insured catastrophe losses reached record levels in 2005, Fitch Ratings said. The decrease in profitability is...
Chartered Property Casualty Underwriters Host Contractual Risk Transfer Seminar in Pasadena
Mar 28 2006 // The Chartered Property Casualty Underwriters Society’s California El Camino, Los Angeles and San Gabriel Valley Chapters are hosting a Contractual Risk Transfer seminar on Thursday, April 20 in Pasadena, Calif. The...
Financial Planners Pay More Attention to P/C Insurance and Risk Management
Mar 21 2006 // Property/casualty insurance and risk management increasingly play a role in financial planning, according to a survey by the Chubb Group of Insurance Companies. Fifty-seven percent of the 102 financial planners surveyed...
Wausau Signature Agency unveils new Employee Benefit Division
Mar 20 2006 // Wisconsin-based Wausau Signature Agency has unveiled its new Employee Benefits Division with comprehensive sales, marketing and service capabilities to fully complement its traditionally-strong property and casualty...
Beazley Commercial Property Team Expands In U.S.
Mar 20 2006 // Beazley announced it has hired two senior underwriters to assist with the company’s U.S. operations mid market commercial property business a focus. Todd Hanes joins Beazley as the West Coast regional underwriting...
News Currents
Mar 19 2006 // Property issues to dominate Florida Legislature Measures aimed at improving the property insurance market dominated the insurance agenda as the Florida Legislature convened March 7, according to the American Insurance...
Growing Your Property Casualty Agency
Mar 19 2006 // The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a...
National Association of Insurance Commissioners
Mar 19 2006 // The Antifraud Task Force cited the need for a uniform database that would allow state authorities to track vehicles damaged by floods. Federal Bureau of Investigation targeting insurance fraud Agent reports to insurance...
N.Y. Assembly Approves Making High Risk Property Plan Permanent
Mar 15 2006 // The New York Assembly approved a bill that would make permanent the New York Property Insurance Underwriting Association (NYPIUA), an insurance program to provide insurance “of last resort” to property owners...
UPDATE: Insurers Tally Storm Damage to Auto, Property in Midwest
Mar 14 2006 // Insurance companies in the Midwest are beginning to tally claims connected to hundreds of tornadoes and severe storms that hit a five state region in the Midwest late Saturday and early Sunday. Illinois, Indiana, Missouri,...
National Insurer Group Announces New Product, Fast Track Plus
Mar 13 2006 // The Property Casualty Insurers Association of America has unveiled a new product created by its statistical organization that can get customized and timely auto and homeowners rating information in an Excel format on a...
IBHS Annual Conference to Focus on Property Loss Reduction
Mar 10 2006 // “Making the Right Connections” is the theme for the Institute for Business & Home Safety’s (IBHS) 2006 Annual Conference on Property Loss Reduction. The event is scheduled for Nov. 16-17 at the...
Insurers Urge Maryland to Adopt Fire-Safe Cigarette Law
Mar 7 2006 // Lawmakers in Annapolis are considering legislation to mandate that cigarettes sold in Maryland meet tough new fire safety requirements. The insurance industry is backing the measure (HB 1300) that is now before the House...
Wausau Signature Agency Unveils New Employee Benefit Division
Mar 7 2006 // Wisconsin-based Wausau Signature Agency has unveiled its new Employee Benefits Division with comprehensive sales, marketing and service capabilities to fully complement its traditionally-strong property and casualty...
