Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Florida-Based Lighthouse Property’s Pres. Chapman to Retire in July
Mar 21 2014 // Lighthouse Property Insurance Corp. announced its president, Ronald Chapman, will retire in July. The company said Patrick White, a director and owner of Lighthouse since 2010, will succeed Chapman as president. Chapman...
National ConnectForce Claims Announces Integration of Google Glass in Property Claims Inspections
Mar 19 2014 // Alpharetta, GA, 03/19/2014 – National ConnectForce Claims (NCC), a leader in the claims adjusting industry, has begun a pilot evaluation using Google Glass as a way to provide realtime feedback from field adjusters....
New Orleans Man Pleads Guilty to Arson, Insurance Fraud
Mar 17 2014 // A resident of New Orleans, La., is awaiting sentencing after pleading guilty to multiple arson-for-insurance fraud schemes Anthony R. Thomas had been charged with multiple criminal counts for his involvement in a 2007...
Indiana City Urging Property Owners to Cleanup Tornado Damage
Mar 16 2014 // Owners of structures damaged by tornadoes that hit Kokomo, Ind., in November are being urged to start removing the debris or begin rebuilding. The city’s code enforcement section has begun sending letters to owners...
Senate Approves Bill to Curb Flood Insurance Hikes
Mar 13 2014 // The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood...
10 Things to Know About Home & Auto
Mar 10 2014 // New Jersey is the most expensive state for auto insurance where the average expenditure is $1,183.95. Idaho is the least expensive with an average expenditure for coverage at $535.15. – Insurance Information Institute...
4-State PIA Survey Shows Prices Rising, But at Slower Pace
Mar 10 2014 // In January 2014, the Professional Insurance Agents (PIA) affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not...
Recalling the Florida Sinkhole Tragedy
Mar 10 2014 // Chuck Holloway didn’t sleep well for a week after a sinkhole swallowed his neighbor Jeffrey Bush in Seffner last year. “And neither did anyone else around here,” he said from his front patio. February 28...
The Future of Drones in the Insurance Industry
Mar 7 2014 // After a catastrophe hits, mobile units filled with adjusters are on site to evaluate property damage. Flash forward five years and an insured may never meet the property adjuster handling his or her claim. Instead, a drone...
House Passes Flood Insurance Bill; Key Senators Sign On
Mar 4 2014 // The U.S. House of Representatives Tuesday evening passed legislation to curb some of the premium increases in the nation’s flood insurance program that have been causing “sticker shock” for property...
Florida Sinkhole Tragedy: One Year Later
Feb 28 2014 // Chuck Holloway didn’t sleep well for a week after a sinkhole swallowed his neighbor Jeffrey Bush in Seffner last year. “And neither did anyone else around here,” he said from his front patio...
Louisiana Property Policyholders Urged to File for Citizens Insurance Rebate
Feb 27 2014 // Louisiana Insurance Commissioner Jim Donelon is once again reminding property insurance policyholders that tax season is one of the easiest times to claim the Louisiana Citizens Property Insurance Assessment rebate. At a...
MacDonald to Head Miller’s New Combined P&C Team
Feb 27 2014 // UK specialist insurance and reinsurance broker Miller Insurance Services LLP announced that it is combining its property and casualty specialists into one business area headed by Ken MacDonald. Miller said the new...
Georgia Recovers $1M from Drivers, Insurers for Damage to State Property
Feb 27 2014 // State transportation officials say an initiative to recover money to pay for damage to state property in traffic accidents has netted the agency more than $1 million. GDOT officials say annual damages to state property —...
Northeast PIA Survey Shows Prices Rising, But at Slower Pace
Feb 24 2014 // In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not be launching as...
Indiana Homeowners Fear Flood Insurance Sticker Shock
Feb 21 2014 // Homeowner Wally Cantrell’s finished basement was destroyed in the June 2008 flood in Columbus, Ind., but his flood insurance policy helped cover a good bit of the repairs. Now, Cantrell wonders if he will soon face a...
How ACA Healthcare Law Could Affect P/C Insurance Costs and Claims
Feb 21 2014 // The property/casualty insurance industry is likely to face cost shifting by hospitals, physicians and other medical providers due to the Patient Protection and Affordable Care Act (ACA), according to an insurance industry...
AXA Profit Rises 10% in 2013 on Life, Property and Casualty
Feb 21 2014 // AXA SA, Europe’s second-largest insurer, posted a 10 percent increase in 2013 profit on higher earnings at its life and savings and property and casualty divisions. Net income rose to €4.48 billion ($6.15 billion)...
ACE Names Bengtsson, Stensholt to Strengthen Nordic Operations
Feb 20 2014 // The ACE Group announced two management appointments as part of a program of investment to further strengthen its proposition for corporate clients across the Nordic region. Both appointments are effective immediately. ACE...
Ascot Underwriting Limited Appoints American Claims Management to Manage Commercial Property Program
Feb 20 2014 // San Diego, Calif. (02/20/2014) – American Claims Management Inc. (ACM), a national third party administrator (TPA), is pleased to announce that effective January 1, 2014, it began claims handling for the Commercial...
