Latest Property Headlines

All the headlines from our Property Topic Page, ordered by recency.

2006 looking good already for P/C industry

Jan 23 2006 // ‘The expectation for a third consecutive underwriting profit in 2006 is, of course, predicated on the belief that catastrophe activity will return to more “normal” levels. Record catastrophe losses will...

New entrants join race for surplus lines share

Jan 23 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writers Katrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...

Fla. Insurance Council predicts hurricane coverage utmost concern

Jan 23 2006 // Florida Insurance Council Executive Vice President Sam Miller predicts hurricane insurance will be the most significant property and casualty issue in 2006, just as it was in 2005, on the state level. “Congress, at a...

2006 already looking good for the property/casualty industry

Jan 23 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent “Earlybird Forecast Survey,” but the survey of Wall Street...

Multiline Productivity Poll: Agents play key role in understanding risk

Jan 23 2006 // Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey commissioned by property and casualty insurer Wausau Insurance, Wausau,...

Earlybird Forecast

Jan 22 2006 // Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s Earlybird Forecast Survey, but the survey of Wall Street stock analysts and...

Earlybird Forecast

Jan 22 2006 // 2006 looking good already for P/C industry Record catastrophe losses will weigh heavily on 2005’s underwriting results, according to the Insurance Information Institute’s recent Earlybird Forecast Survey, but...

People

Jan 22 2006 // Susan Alford has been named executive vice president and southeast region head for Aon Consulting in Atlanta. The promotion is effective Jan. 1. Alford will be responsible for Maryland, Virginia, North Carolina, South...

People

Jan 22 2006 // The Insurance Council of Texas elected James Langford as chairman of its Board of Directors effective Jan. 1, 2006. Langford is the assistant vice president of compliance, regulatory and governmental affairs, and training...

Growing Your Property Casualty Agency

Jan 22 2006 // When you encounter an account you can’t competitively place, instead of declining to quote or expending extensive time searching for a viable market, refer the prospect to a competing producer who can easily write...

Earlybird Forecast

Jan 22 2006 // Fortunately for insurers, 2006 will likely feature far fewer screaming headlines announcing investigations into various insurance industry practices such as broker compensation and finite reinsurance. Each year the...

Spotlight: Counseling Buyers

Jan 22 2006 // Multiline Productivity Poll: Agents play key role in understanding risk Insurance buyers see increasing value from reducing their total cost of risk across multiple lines of commercial insurance, according to a new survey...

Personal lines looking fine, thanks to fewer accidents and price changes

Jan 22 2006 // I.I.I. JOINT P/C FORUM: Outside Looking In – Left to right: V.J. Dowling, Dowling & Partners Securities; Mark Puccia, Standard & Poor’s; David Schiff, Schiff’s Insurance Observer; Brian P....

CLOSER LOOK: Excess, Surplus & Specialty

Jan 22 2006 // XL, Rockhill and GMAC RE jockey for market share with established surplus lines writers Katrina-sized catastrophes put added pressure on admitted carriers, which increases the demand for greater capacity in excess and...

Fla. Residents Urged to Purchase Flood Insurance for 2006 Hurricane Season

Jan 20 2006 // As Floridians continue to recover from the storms of 2004 and 2005, and the 2006 season fast approaches, it is vital that all property owners living and doing business in areas designated as flood zones by the National...

Nagin: New Orleans Enters into Consent Decree on Demolition

Jan 19 2006 // Mayor C. Ray Nagin reported on Thursday that the City of New Orleans has entered into a Consent Decree regarding the demolition of homes and property damaged by Hurricanes Katrina or Rita and deemed to be in imminent...

Excoffier Joins Guy Carpenter as Sr. VP-Property Specialty Practice

Jan 12 2006 // Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that Eric Excoffier has joined its Property Specialty Practice as Senior VP and Practice...

White Joins Max Re – Sr. VP Property Treaty Reinsurance

Jan 11 2006 // Bermuda-based Max Re Capital Ltd. announced that Peta White has joined the company’s Property and Casualty Reinsurance Division as Senior Vice President and International Treaty Underwriter. She has more than 10...

Personal Lines Doing Fine, Even Without Price Changes, Suggest P&C Analysts

Jan 11 2006 // The year 2005 is looking like it was a relatively good one with solid financial news for property casualty insurers overall, despite record catastrophe losses, and 2006 could bring even better news, according to analysts...

Allstate Announces New Reinsurance Program for Property, Auto

Jan 11 2006 // Allstate Corp. recently announced a partially completed new reinsurance program for its countrywide personal lines property and auto insurance business. The Northbrook, Illinois-based insurer said it has placed $750...