Latest Property Headlines

All the headlines from our Property Topic Page, ordered by recency.

Poll: Fla. Gov. More Popular with Voters than Some of his Issues

Jul 24 2007 // While many Florida voters don’t think enough has been done to bring down their property taxes or insurance premiums, more than 70 percent say Gov. Charlie Crist has done a good job during his first six months in...

PA. BILL LIMITS FARM OWNERS’ LIABILITY FOR HUNTING ACCIDENTS

Jul 23 2007 // A bill limiting Pennsylvania farmers’ liability for hunting accidents on their properties has flown through the House and Senate and been sent to Gov. Edward Rendell for signing. The measure was backed by...

U.S. P/C INSURERS PAY $2.1 BILLION IN CAT LOSSES

Jul 23 2007 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from a total of six catastrophes in 25 states — tying the record...

Pa. bill limits farm owners’ liability for hunting accidents

Jul 23 2007 // A bill limiting Pennsylvania farmers’ liability for hunting accidents on their properties has flown through the House and Senate and been sent to Gov. Edward Rendell for signing. The measure was backed by...

P/C industry net income, overall profitability slips

Jul 23 2007 // The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005, according to...

People

Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...

Package of insurance measures passes La. legislature

Jul 23 2007 // Louisiana’s Legislature in June approved a package of insurance bills promoted by Louisiana Gov. Kathleen Babineaux Blanco and Insurance Commissioner Jim Donelon. Among the bills passed were one that provides for...

Thousands of Washington homes threatened by faulty fire sprinklers

Jul 23 2007 // Washington Attorney General Rob McKenna and the Office of the State Fire Marshal are warning Washington apartment homes and hotels that their fire sprinkler systems may be defective. The Washington State Fire...

Bankruptcy and D&O Claims Settlements

Jul 23 2007 // Ever since “entity coverage” became a part of the standard directors’ and officers’ policy, bankruptcy courts have wrestled with the question of whether D&O policy proceeds are property of the...

News Currents

Jul 23 2007 // P/C industry net income, overall profitability slips The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and...

Ark. Reminds Insurers not to Penalize Armed Services Personnel

Jul 13 2007 // The Arkansas Insurance Department issued a directive to property and casualty carriers issuing policies containing “occupancy” requirements in their underwriting standards that could adversely impact insurance...

Thousands of Washington Homes Threatened by Faulty Fire Sprinklers

Jul 11 2007 // Washington Attorney General Rob McKenna and the Office of the State Fire Marshal are warning Washington apartment homes and hotels that their fire sprinkler systems may be defective. The Washington State Fire...

U.S. P/C Insurers’ Paid $2.1 Billion for 2d Quarter Catastrophes

Jul 10 2007 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from a total of six catastrophes in 25 states — tying the record for...

CSC Names Fogle to Head Sales to Property and Casualty Industry

Jul 10 2007 // Computer Sciences Corp. based in El Segundo, Calif., announced that Lee Fogle has joined the company as vice president of sales for the property and casualty (P&C) insurance market in the Americas. He reports to Ray...

Bill Limiting Pa. Farm Owners’ Liability for Hunting Accidents On Gov.’s Desk

Jul 5 2007 // A bill limiting Pennsylvania farmers’ liability for hunting accidents on their properties has flown through the House and Senate and been sent to Gov. Edward Rendell for signing. The measure was backed by...

People

Jul 2 2007 // Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the past 15...

Small business owners’ needs run large

Jul 2 2007 // Agents can serve as partners to satisfy the demands of running today’s small business Small business is big and getting bigger. Some 6.4 million businesses with one to 20 employees now contribute to our economy, and...

Coverage interpretation and claims litigation at odds

Jul 2 2007 // But overall, construction market looks ‘optimistic,’ Willis exec says Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage...

Jay Dillon

Jul 2 2007 // People Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the...

Small business owners’ needs run large

Jul 2 2007 // Small business is big and getting bigger. Some 6.4 million businesses with one to 20 employees now contribute to our economy, and this segment continues to grow at a record pace. Everyone — the college graduate, the...