Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Fireman’s Fund Offers Policy for Historic Commercial Properties
Sep 24 2007 // Fireman’s Fund Insurance Co. introduced a new insurance product designed to meet the unique needs of historic and vintage commercial properties. Historic Property-Gard by Fireman’s Fund is a comprehensive...
Fla. High Court Affirms Policies Cover Only Losses from Covered Perils
Sep 21 2007 // Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key...
NAMIC Names Lehman 2007 Chairman’s Award Recepient
Sep 18 2007 // Indianpolis-based the National Association of Mutual Insurance Companies (NAMIC) recently named David L. Lehman, president of Mennonite Mutual Insurance Co., Orrville, Ohio, as the 2007 recipient of the Chairman’s...
Wis. Capitol Launches New Specialty Markets Division
Sep 18 2007 // Middleton, Wis.-based Capitol today announced the formation of its new Specialty Markets Division. The focus of the division will be specialty property and casualty insurance programs throughout the U. S. The division will...
Jurors Hear Opening Arguments in W. Va. Pollution Suit
Sep 14 2007 // DuPont’s lawyers say the company is a good corporate neighbor but lawyers for 10 West Virginia property owners suing the chemical giant claim it puts profits ahead of community safety. Jurors heard these dueling...
SCRMA Adds P/C Claims Administration
Sep 14 2007 // Southern California Risk Management Associates (SCRMA) has added property and casualty claims administration to its suite of workers’ compensation and managed care services. SCRMA now offers an array of property and...
W.Va. Residents Sue DuPont Over Zinc Plant Contamination
Sep 12 2007 // From its grassy surface, the 112-acre mound seems harmless, a vast but benign-looking field ringed by hundreds of small homes. But signs wired to the chain-link fence hint at something potentially sinister lurking beneath....
U.S. Fire Report: More Fires; Fewer Deaths and Injuries; Rise in Property Loss
Sep 11 2007 // Fire departments in the United States responded to an estimated 1.6 million fires during 2006. These fires caused 3,245 civilian deaths and 16,400 injuries, according to the National Fire Protection Association (NFPA). The...
Aon Construction Adds New Managing Director, National Property Solutions
Sep 10 2007 // Aon Construction Services Group, the construction risk management arm of Aon Corporation recently appointed Vincent Zegers as managing director, National Property Solutions. In his new position Zegers will be responsible...
Fla. Special Session Postponed, Insurers Agree on Level of Confusion
Sep 7 2007 // A three-week Florida special legislative session scheduled to begin Sept. 18 has been postponed, meaning lawmakers will probably not act to halt the Oct. 1 expiration of a key no-fault auto insurance law. The session was...
Maryland Officials to Explain Good Faith P/C Damage Filings
Sep 6 2007 // The Maryland Insurance Administration (MIA) will conduct a workshop to explain how it will implement newly enacted legislation that authorizes the award of enhanced damages against property and casualty insurance companies...
SC. Insurance Director Loses Property Coverage
Sep 6 2007 // Add the director of the South Carolina Department of Insurance to the thousands of coastal homeowners who have lost property insurance since Hurricane Katrina. Scott Richardson, who lives on Hilton Head Island, was...
Latinos and property casualty insurance products
Sep 3 2007 // As the Latino population continues to grow, marketers are directing more efforts to reach this segment. Every company in the United States has asked itself the question: how do we attract Latino consumers? And many are now...
Report: insurers did not shift wind claims
Sep 3 2007 // A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood...
News Currents
Sep 3 2007 // Report: insurers did not shift wind claims A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina...
Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty
Aug 27 2007 // Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to...
Fla. Drivers Told Property Damage Liability Still Needed If No-Fault Expires
Aug 22 2007 // Florida drivers will still need to purchase property damage liability insurance even if the state’s no-fault insurance system disappears Oct. 1, a lawyer for the Department of Highway Safety and Motor Vehicles...
Court affirms flood exclusions in La. property policies
Aug 20 2007 // Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the validity of flood exclusions in property insurance...
FORE! Golf club risk moves off course
Aug 20 2007 // In June 2007, a California woman was awarded $4.3 million for injuries she received in a golf car crash that left her too disabled to continue her successful photography and jewelry design careers. A wheel of the car she...
News Currents
Aug 20 2007 // Court affirms flood exclusions in La. property policies Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the...
