Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
PCI: Majority of Texans Not Prepared for Hurricane Season
Aug 6 2018 // A large majority of Texas residents are not taking necessary steps to protect their property this hurricane season despite the aftermath of Hurricane Harvey, according to a new poll conducted online by SurveyMonkey on...
Casualty: The Next ILS Frontier?
Aug 6 2018 // Executive Summary: While progress has been made in the development of casualty insurance-linked securities (ILS), there still is significant work to do, says Aaron C. Koch of Milliman, who discusses some of the key...
People
Aug 6 2018 // Risk management services firm, Hanover Stone Partners, has tapped Ellen Shew Holland to lead its newly established national higher education practice. She is based in Dallas. Shew Holland will lead a practice that will...
The Condo Coverage Puzzle
Aug 6 2018 // Have you ever watched someone try to finish a jigsaw puzzle with pieces missing? There are still a few hundred pieces to place, but there is one open space in the middle of a grove of trees that beckons to be filled. The...
Aspen MGA, Tower Hill Specialty Partner on Property Programs in Texas
Jul 26 2018 // Aspen Managing General Agency, a division of Atlanta-based Allstar Financial Group, has partnered with Tower Hill Specialty (THS) to offer property insurance programs in Texas. Tower Hill Specialty offers a range of...
I’m moving. What about my stuff? Part 2.
Jul 25 2018 // Last week, we talked about how my move impacts my renters insurance. If you missed that one, you can read it here. We still need to talk about what happens while it’s on the move. Now that I’m thinking about...
Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers
Jul 24 2018 // With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10...
Brown & Riding Adds Pike as Property Broker in Dallas
Jul 23 2018 // Brown & Riding Insurance Services Inc. has hired Ryan Pike as a property broker in its Dallas office. Pike specializes in placing difficult manufacturing as well as Property and Inland Marine risks in the oil and gas...
What’s New in Today’s Construction Insurance Market
Jul 23 2018 // Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in...
Iowa’s Holmes Murphy Welcomes 14 New Employee Shareholders
Jul 19 2018 // Iowa-based insurance services firm, Holmes Murphy, recently added 14 new employee shareholders. Holmes Murphy shareholders help lead the company in its mission to promote health, protect wealth, and deliver peace of mind....
Property Owner Not Liable for Wisconsin Hunter’s Injuries
Jul 18 2018 // An insurance company was upheld in its denial of a claim filed by a hunter who was accidentally shot in the head nearly four years ago on its insured’s property. According to court documents, David Devine shot...
I’m moving. What happens if my stuff gets damaged?
Jul 18 2018 // It’s moving week. That’s right. We are taking on the monumental task of moving our home. This isn’t new to my family. My wife and I have been married over 25 years and haven’t lived in one house for...
Liberty Mutual Increases Per Risk Property Insurance Capacity to $800M
Jul 16 2018 // Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help property owners and their brokers better manage mid-size and large risks. According to...
People
Jul 16 2018 // The Independent Insurance Agents of Texas (IIAT) elected Jeffrey L. Brady of Brady, Chapman, Holland & Associates (BCH) in Houston to serve as IIAT chair for 2018-19. Brady was elected during IIAT’s 121st Annual...
People
Jul 16 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services to U.S. property/casualty and life insurance companies, has appointed Joanne Morrissey and Gary Dubois as senior advisors based in New York...
Cyber Business Interruption Risks Still Difficult to Figure
Jul 11 2018 // Powered by InsuranceJournal.tv Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the growing area of non-physical threats? This question was...
Maryland Appeals Court Says Insurer Has Duty To Defend in Hidden Camera Case
Jul 6 2018 // The Maryland Court of Special Appeals has concluded that Harleysville Preferred Insurance Company has a duty to defend the limited liability company that owns and operates Rams Head Tavern in underlying litigation...
3 New Property/Casualty Insurers OK’d to Do Business in Arkansas
Jul 5 2018 // Three new property/casualty insurance companies have been approved to do business in Arkansas, the state insurance department reported. All three are based in Florida. Counting the recently accepted companies, 10 new...
TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates
Jul 3 2018 // Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the...
Nearly $2M in Property Damage from Florida Fire Started by Controlled Burn
Jul 2 2018 // Officials estimate $1.7 million in property damage was lost to a “controlled-burn” fire that blazed out of control and destroyed 36 homes in a tiny Florida Panhandle community. The Tallahassee Democrat reports...
