Latest Property Headlines
All the headlines from our Property Topic Page, ordered by recency.
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Nevada-based Insurtech Talage Offering Workers’ Comp, Liability, Property Online
Jun 29 2018 // Talage Inc. is an insurtech to its core – both in function and name. The Reno, Nev.-based software platform designed to help small business owners compare and quickly purchase a range of commercial insurance policies...
One Man’s Solution After Harvey’s Floods? Build His Own Levee.
Jun 29 2018 // After Hurricane Harvey inundated David Bush’s Richmond, Texas, home with 20 inches of rain, he knew he wanted to rebuild but was worried about how his property could be protected from the next big storm. So, Bush...
Every $1 Spent in Hurricane Protection Lowers Property Loss Exposure by $105
Jun 28 2018 // Every $1 a business spends on hurricane protection reduces loss exposure by an average of $105. That’s based on an analysis by global commercial and industrial property insurer firm FM Global, which reviewed loss and...
XL Catlin, Bamboo Insurance to Provide Property Coverage In California
Jun 28 2018 // XL Catlin and new insurtech-focused program administrator Bamboo Insurance have entered into an underwriting agreement to provide property insurance in California. Bamboo Insurance is a California-based program...
Aon Launches Intellectual Property Liability Coverage
Jun 28 2018 // Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in...
Iowa’s Holmes Murphy Taps Hurley as President, Property Casualty Brokerage
Jun 27 2018 // Iowa-based Holmes Murphy has named John Hurley II as president of Property Casualty Brokerage Services. Hurley was formerly senior vice president of Property Casualty, and this new title reflects the high-caliber work...
Residents Say Home Run Balls from Local Rhode Island Field Damage Property
Jun 25 2018 // Residents in a Newport, R.I., neighborhood say baseballs hit out of a field used by a collegiate summer league team are damaging their houses and cars. The Newport Daily News reports residents gathered at City Hall to...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Amwins’ Davies Tapped to Lead New Property Underwriting Facility for Ryan Specialty Group
Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO of a new, yet-to-be-named property catastrophe managing underwriting facility that will be exclusive to RT Specialty. Company...
Two P/C Insurance Trade Groups — AIA and PCI — Plan to Merge
Jun 20 2018 // Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) said their respective...
Maximum Builds Texas Property Team with Addition of Lally
Jun 19 2018 // Insurance wholesale broker Maximum has added Bill Lally to its property team in Texas. He will be based in Houston. With previous experience as a property broker and several years spent developing a property underwriting...
Keeping Up With Construction Insurance
Jun 18 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...
Pennsylvania Urges Proper Coverage for Home-Based Businesses
Jun 18 2018 // Pennsyslvania Insurance Commissioner Jessica Altman is encouraging small business owners to ensure they have proper coverage and know how to file claims after storm damage. “Many Pennsylvanians run businesses out of...
People
Jun 18 2018 // Erie Insurance, a homeowners and automobile insurer based in Erie, Pa., has named Matt Palczer as vice president of property and subrogation. Palczer began his career with Erie Insurance in 2002 as a mail clerk in the...
I.I.I. on How Insurance Boosts Economy, Communities and Innovation
Jun 18 2018 // While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute argues...
Cyber Business Interruption Remains Area of Uncertainty for Insurance
Jun 12 2018 // Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the newly growing area of non-physical threats? Panelists at the 2018 PLUS Cyber Symposium,...
Pennsylvania Urges Proper Coverage for Home-Based Businesses
Jun 11 2018 // Pennsyslvania Insurance Commissioner Jessica Altman is encouraging small business owners to ensure they have proper coverage and know how to file claims after storm damage. “Many Pennsylvanians run businesses out of...
Property MGA EPUL Offers Online Terrorism Cover as Pool Re Alternative in UK
Jun 11 2018 // European Property Underwriting Ltd. (EPUL), the London-based commercial property managing general agent (MGA), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an...
How Insurance Boosts Economy, Communities and Innovation: I.I.I.
Jun 7 2018 // While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute...
