Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Mar. 4 is Deadline to Apply for La. $100M Insurer Grant Program
Mar 3 2008 // The Louisiana Department of Insurance announced that the deadline for applications to the Insure Louisiana Incentive Program is March 4, 2008. The program offers property insurers up to $10 million in matching grant money....
Insurer Launches Preferred-tier Programs in Ga. and Nev.
Feb 29 2008 // Calif.-based property and casualty insurer Pacific Specialty Insurance Co. announced a new suite of preferred-tier residential property products in Georgia and Nevada. Effective March 3, PSIC will offer new discounts and...
Survey: Fla. Voters Agree Property Insurance Market Still in Crisis
Feb 28 2008 // More than 40 percent of “likely” Florida voters polled in a recent survey describe the current property insurance market as a crisis, according to the Property Casualty Insurers Association of America. Neil...
Fla. Insurers See Hurricane Insurance Market on the Mend
Feb 25 2008 // The insurance market in Florida is adjusting to changing conditions – some man-made, others resulting from forces of nature – all of which make property insurance for Florida homeowners more available and more...
Georgia to Limit Landowners’ Hunter and Tourist Liability
Feb 24 2008 // Georgia Gov. Sonny Perdue has filed legislation that will limit liability for landowners who open their property to hunters and agri-tourists. The measure would protect landowners who allow individuals to hunt on their...
Hedging Against Losses
Feb 24 2008 // How to navigate risk and find coverage solutions for hedge funds and their managers Hedge funds manage financial risk every day. Managers constantly seek out new strategies and investments, and then weigh the potential...
Fla. Lawmakers Confront Property Insurance, again, in 2008 Session
Feb 22 2008 // Property insurance wasn’t supposed to be the big issue in the 2008 Florida Legislature. To the chagrin of many lawmakers, it just won’t go away. Legislators thought they’d largely taken care of the issue...
N.Y. Court: Insureds Can Sue For Consequential Damages
Feb 20 2008 // A new ruling by the New York Court of Appeals could open the door for breach of contract suits against commercial property insurers – a move two dissenting judges warned could raise the price of insurance for...
Ga. Law to Relieve Landowners of Hunter and Tourist Liability
Feb 14 2008 // Gov. Sonny Perdue filed legislation that will limit liability for landowners who open their property to hunters and agri-tourists. The proposal will protect landowners who allow individuals to hunt on their property from...
Minico Offering Self-Storage Property, Wind Coverage in Coastal States
Feb 11 2008 // Phoenix-based MiniCo Inc. reported it signed an agreement with Boulder, Colo.-based International Catastrophe Insurance Managers LLC (ICAT), to begin offering property and wind coverage for coastal locations in Florida,...
Up in Smoke No More
Feb 10 2008 // States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of...
It’s Time to Undo Florida’s Property Insurance ‘Reforms’
Feb 10 2008 // A year has passed since Gov. Charlie Crist and a nearly unanimous Legislature hailed the arrival of a new era for Florida’s property insurance system. They promised lower rates, greater availability of insurance, and...
People
Feb 10 2008 // Louisiana Workers’ Compensation Corporation hired Michael Page as director of safety and loss prevention. Page previously was director of loss prevention services for Workforce Safety and Insurance in North Dakota...
People
Feb 10 2008 // The Nonprofits Insurance Alliance Group in Santa Cruz, Calif., appointed Kim Aday to vice president finance/treasurer. Aday joined the group in 1997 in the position of accountant. In early 2001, she was promoted to...
Home-Based Business Boom
Feb 10 2008 // The risks of remote workplaces Americans’ houses have increasingly become a hodgepodge between a home and an office. It’s believed that there are more people working out of their homes now than at any time in...
Fla. Lawmakers Schedule More Hearings on Property Insurance Rates
Feb 8 2008 // After two more days of grueling questions to Florida state regulators and insurance company executives, a special Senate panel wrapped up its business Tuesday as confused as when it began. In fact, the Select Committee on...
Allstate Defends Property Insurance Rate Proposal to Lawmakers
Feb 6 2008 // Warming oceans, and the possibility they may bring more hurricanes, have to be considered when setting property insurance rates, Allstate officials told lawmakers Monday, defending themselves against allegations they are...
GAO Urges Changes in Wind, Flood Damage Determinations
Feb 1 2008 // Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of access to data on wind damage from the National Flood Insurance Program and private...
Insurers Say Property, Flood Insurance, Regulation Top Concerns in ’08
Feb 1 2008 // A group of insurers says it hopes U.S. lawmakers will continue to focus on the need for affordable property insurance, an optional federal charter for the insurance regulatory system in America, and comprehensive flood...
TDI December Enforcements Result in Nearly $1.6M in Fines, Restitution
Jan 31 2008 // Enforcement actions taken by the Texas Department of Insurance December 2007 resulted in eight license revocations, four license denials, and fines and restitution totaling $1,591,264, the department reported. An order...
