Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
ISO: Insurers’ $920M CAT Losses is Lowest for Q2 in a Decade
Jul 6 2005 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $920 million for second-quarter insured property losses from four catastrophes in 25 states — the lowest tally among second...
News Briefs
Jul 4 2005 // MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care...
People
Jul 4 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...
News Briefs
Jul 4 2005 // ALABAMA Arlene’s Timing Perfect for Referral List When Tropical Storm Arlene blew through Alabama it made the timing ideal for the release of a homeowners insurance referral list providing area homeowners with the...
LEAD PAINT LAW GOES INTO EFFECT:
Jul 4 2005 // The state’s Lead Hazard Miti-gation Law went into effect July 1. The law requires all rental property owners to take a three-hour lead hazard awareness class and meet and maintain the lead hazard mitigation standard,...
FAIA Speaker Warns: Make Hurricane Policy Changes Before That One-in-10,000 Hurricane Hits
Jul 1 2005 // It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Insurance told conventioneers attending the Florida Association of...
Treasury Report on Terrorism Insurance: Exec Summary
Jun 30 2005 // The following is the Introduction and the Executive Summary of the June 30, 2005 report from the Treasury Department on the Terrorism Risk Insurance Act of 2002 including its assessment of the act and recommendations for...
AIG Private Client Group Launches Mobile Wildfire Protection Unit for Calif. Policyholders
Jun 28 2005 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the creation and deployment of its Wildfire Protection Unit, the first mobile...
Hylant Group Adds Bentley as VP for Property Risk Management
Jun 23 2005 // Michigan-based Hylant Group announced the addition of Tina Bentley to its Risk Management practice. Bentley has more than 15 years of experience in the industry and was most recently employed with Marsh. Hylant Group is a...
CRAWFORD & COMPANY OFFERS HANDS-ON ADJUSTER TRAINING
Jun 20 2005 // Atlanta-based Crawford & Company has announced the expansion of its educational program to offer adjusters training in personal and commercial liability; property and casualty; and workers’ compensation...
News Briefs
Jun 20 2005 // MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting the six carriers that will service this residual market business...
North Dakota Sets Example on Loss-History Databases
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...
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...
