Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm? March 7, 2013 By Amy O'Connor Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to...
Florida Senate Democrats to Oppose Property Insurance Rate Hikes January 31, 2013 By Michael Adams With Florida lawmakers expected to consider formal changes to the state’s property insurance market next week, state Democrats are signaling...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh January 30, 2013 Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and...
ACE USA Restructures Global Property Division December 6, 2012 ACE USA, the U.S.-based retail operating division of The ACE Group, has reorganized its Global Property division to now include...
ISO Adds Alternative Energy Classifications to Commercial Property Program November 13, 2012 ISO has added new classifications to its commercial property program to account for the emergence of alternative energy sources. ISO...
Attorney: Violent Weather Slamming Oklahoma Property Market October 11, 2012 By Stephanie K. Jones Property insurance claims in Oklahoma totaled $1.6 billion in 2011, according to one attorney familiar with the property insurance market...
ISO Enhances Wind Rating Program for Underwriting, Pricing Wind Exposure October 1, 2012 ISO has launched its Enhanced Wind Rating Program, a commercial property rating program designed specifically to address the wind peril....
Allied World Europe Launches Corporate Property Line of Business October 1, 2012 Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled...
XL Group Launches New Builders Risk Property Protection Program September 26, 2012 XL Group has launched a new Builder’s Risk and Installation Coverage Solutions (BRICS) product, containing more than two dozen coverage...
Lexington Introduces CarbonCover Property Policy September 6, 2012 Lexington Insurance Co. has introduced CarbonCover ODS, a property insurance policy that addresses the emerging needs of the climate change...