Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Insurance Industry Posts Strong Q1 Gains HOW REAL ARE THEY’
May 13 2002 // After suffering its first ever net loss in 2001,an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of 2002...
XML Provides the Missing Link for SEMCI
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
Insurance Industry Posts Strong Q1 Gains
May 13 2002 // After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of...
XML Provides the Missing Link for SEMCI
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
Horace Mann Reports Slight Increase in
May 7 2002 // Horace Mann Educators Corporation of Springfield, Ill., a provider of a variety of insurance products to educators, reported operating income of $13.9 million, for the first quarter ended March 31, 2002, slightly higher...
FM Global Unveils New Technology Center
May 2 2002 // FM Global has developed a new US$70 million-plus world-class scientific research and product-testing complex to meet its customers’ increasingly sophisticated property protection needs, expand its capabilities,...
American Institute Revamps CPCU Program
May 1 2002 // The American Institute for CPCU has just announced major changes in its Chartered Property Casualty Underwriter (CPCUÒ) professional designation program. Starting in the summer of 2002, the CPCU program will Require...
News Analysis: Commentary on Full Year 2001
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
Insurers to Pay $580M Related to Insured-Property Damage in 1stQ 2002
Apr 24 2002 // Insurers are expected to pay $580 million to homeowners and businesses for insured-property losses from three catastrophe events in the first quarter this year—the lowest first-quarter loss in more than a...
Study Finds Companies Need to Prepare More for Property-Related Hazards
Apr 19 2002 // A study focusing on Fortune 1,000 chief financial officers (CFOs), treasurers and risk managers covering a broad range of industries reports more than 50 percent say their companies are not well-prepared to come back from...
Cattle Loom Large on the Farm & Ranch Scene
Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...
2001: The Insurance Industry’s ‘Annus Horribilis’
Apr 15 2002 // In future years property/casualty insurers will no doubt look back on the year 2001 and shudder. Right now they’re too busy coping with the reality of the industry’s “annus horribilis,” to borrow...
Cattle Loom Large on the Farm & Ranch Scene
Apr 15 2002 // Whoopee ti yi yo, git along little dogies It’s your misfortune, and none of my own. Whoopee ti yi yo, git along little dogies, For you know Wyoming will be your new home. That trail song, used by historian Walter...
A.M. Best Study Shows Property and Liability Lines Had Major New Risk Exposure in 2001
Apr 10 2002 // In a recent statistical analysis, A.M. Best Co. released its preliminary 2001 financial results on the property/casualty industry, which reports that property and liability lines had significant new risk exposure in...
Minn. Drafts New Requirements for Mold Exclusions
Mar 27 2002 // The Minnesota Department of Commerce issued a bulletin describing new filing criteria for rate, rule and form filings by insurers that exclude loss or damage caused by mold. The department defined mold for purposes of the...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Aon Names Turner, President, P/C for Combined Specialty Corp.
Feb 26 2002 // Aon Corporation has named F. Marshall Turner, President — Property & Casualty, Combined Specialty Corporation. “We’re very happy to have Marshall join Combined Specialty Corporation as a member of...
The Ocean Marine Market: A Unique Animal
Feb 25 2002 // Like life itself, insurance began in the ocean, eventually spawning the various land-based descendants we’ve come to know. While those terrestrial variants-auto, homeowners, commercial liability, among others-now...
The View from Up There-Insurers Embrace Space Age Technologies
Feb 25 2002 // In the summer of 2001, a U.S. District judge in Arkansas ruled against several farmers accused of filing false crop insurance claims totaling approximately $244,000. Key evidence in the lawsuit—filed on behalf of the...
Property
Feb 25 2002 // Nuts & Bolts: Union General Insurance Services Inc. has available property coverage for all types of small and medium-sized commercial risks. Coverage is also available for vacant dwellings and builders’ risks....
