Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman
Jan 17 2025 // The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over...
Commercial Property Market Stabilizing, With Ample Capacity: USI
Jan 9 2025 // The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025...
Broker McGill Offers Property War Reinsurance for Ukraine
Jan 9 2025 // Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022....
Global Property Catastrophe Rates-on-Line Down 6.6% During Renewals: Guy Carpenter
Jan 6 2025 // Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3% to 7.2%. Guy Carpenter defines rate on line (ROL) as the...
Loss-Free Property Cat Rates Fall 5%-15% as Reinsurer Appetite Grows: Guy Carpenter
Dec 30 2024 // Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5%-15% for loss-free accounts, according to a renewal...
Texas Property Management Companies Pay $55K in Disability Discrimination Suit
Dec 19 2024 // Texas property management companies Castle Hills Master Association Inc., Bright Realty LLC, Bright Industries LLC, and Bright Executive Services LLC will pay $55,000 and furnish other relief to settle a disability...
International, Domestic Insurers Push Into Catastrophe-Hit US Property Markets
Dec 16 2024 // International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and...
People Moves: Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team; Arch Insurance Taps Laazaouzi From CNA Hardy as Senior Casualty U/W in France
Dec 16 2024 // This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these new hires follows here. Rokstone Taps Hogarth From Castel for Direct & Facultative...
New York Considers Making Property Insurers Cover Taxi Claims Losses
Dec 12 2024 // New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several...
Study: A Meter of Sea Rise Could Impact $1 Trillion in Property on Southeast Coast
Dec 10 2024 // A meter of sea level rise by 2100 would affect more than 14 million people and $1 trillion worth of property along the Southeast Atlantic coast, a new study shows. A recent study published in the journal Nature Climate...
3 Reasons for Property Insurance Professionals to Attend INTRConnect 2025
Dec 6 2024 // This post is part of a series sponsored by CoreLogic. Update: Due to the ongoing wildfires in Southern California, CoreLogic has made the decision to postpone INTRConnect 2025. The event will now be held Sunday, March 23...
China Aims to Boost Foreign Investment in Property Insurance Market
Dec 6 2024 // China’s financial regulator unveiled a plan on Friday to enhance supervision and support the development of the property insurance industry, according to a statement. The country will support qualified foreign...
New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans
Nov 20 2024 // Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for the upcoming session that begins in March, according to state news...
Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva
Oct 23 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio. The...
Markets/Coverages: Price Forbes Re Taps Gallagher Re’s Cole as Head of Financial Lines; BHSI Names Aon’s Pache for PI/Cyber Team, DACH Region, Schumacher as Property U/W
Oct 8 2024 // This edition of International People Moves details appointments at Price Forbes Re and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Price Forbes Re Names Gallagher Re’s...
Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears
Oct 8 2024 // U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida’s western coast, marking yet another costly disaster for the...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS
Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024. Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported...
People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance
Sep 27 2024 // This edition of International People Moves details appointments at AXA XL Bermuda, the tech risk platform Intangic, and the Lloyd’s insurer Dale Underwriting Partners. A summary of these new hires follows here. AXA...
People Moves: Price Forbes Re Taps Howden’s Waterhouse as Head of Property Fac; AXA XL Appoints Underwriters and Claims Adjusters for UK Cyber Team
Sep 25 2024 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL. A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property Fac Price Forbes...
Maine Considers Public Flood Insurance Option for Municipalities, Property Owners
Sep 18 2024 // State leaders tasked with reviewing Maine’s preparations and responses to climate change-fueled natural disasters are at a crossroads. While Maine has seen seven federal disaster declarations for severe storms and...
