Latest Property Headlines

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

News Briefs

Jun 20 2005 // ALABAMA DOI Lists Insurance Providers A list of insurance companies, agencies and agents writing property insurance in coastal areas of Alabama, including Mobile and Baldwin counties became available June 13, thanks to the...

North Dakota’s SB 2186 Should Be a Template for NAIC Model

Jun 20 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common sense protections against unfair underwriting and rating actions by insurers because of information in loss history...

Grange Tabs Brannan as 1st President of Property/Casualty Operations

Jun 17 2005 // Columbus, Ohio-based Grange Insurance has promoted Alan D. Brannan to the new post of president of property/casualty for the Grange Mutual Casualty Group. In his new role, Brannan will oversee all property/casualty...

DOI Slates June 23, 24 S.C. Property Insurance Forum

Jun 14 2005 // The direction South Carolina is headed, how it is addressing the challenges of increasing capacity, fostering competition and providing consumers with options will be discussed during the June 23 and 24 annual Property...

Los Angeles Area Quake Could Result in 7,600 Dead; Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Bradley Poe

Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

Bradley Poe

Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

The British Are Coming! No – They’re Already Here

Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...

Insurers Move to Block N.Y.-N.J. Port Authority $2.1B Claim From 9-11

Jun 3 2005 // Responding to a new claim by the Port Authority of New York and New Jersey that it is separately insured for a $2.1 billion “shortfall” in Silverstein property insurance following the Sept. 11, 2001 terrorist...

N.Y. Eyes Extending Assessment Deadline For Storm Damaged Homes

May 31 2005 // New York Superintendent of Insurance Howard Mills has urged the state legislature to extend the deadline to give Broome County homeowners whose properties were damaged in last month’s floods more time to file for...

TDI Reports April Enforcement Actions

May 27 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Jose Montemayor that became final during the month of April. The actions include eleven license revocations, a license denials and fines...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

May 25 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Nearly Half of Large, Mid-sized Businesses Purchased Terrorism Insurance in 2004

May 23 2005 // Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from the 2003 average of 27 percent. Meanwhile, the cost of property terrorism...

Outsourcing Coverage

May 23 2005 // Nuts & Bolts: Lexington Insurance Co., a member company of American International Group, launched Outsourcing Protector, a new property insurance offering designed to help companies address the risks of domestic and...

CPCU Society Looking at IMSA-Type Body

May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A...

Fla. OKs Funds to Fight PIP Fraud

May 23 2005 // Florida’s Chief Financial Officer Tom Gallagher thanked legislators for approving his request for funding to add more law enforcement investigators to fight PIP fraud and workers’ compensation fraud, and a...