Seattle, Wash.-based real-estate information website Zillow is paying $130 million to settle a lawsuit brought by rival Move Inc. The Seattle Times reported that the settlement was disclosed in securities filings earlier this week, ending more than two years of …
Ironshore Inc. has named Edward Mazman to lead the newly-established Real Estate Industry Practice group. Mazman, based in Boston, will assume the role in addition to his current responsibilities serving as executive vice president of the Ironshore U.S. Property unit. …
Fosun International Ltd., backed by Chinese billionaire Guo Guangchang, is vying with Ping An Insurance (Group) Co. to acquire 18 buildings on Berlin’s Potsdamer Platz square, people with knowledge of the matter said. Fosun and Ping An, China’s second-largest insurer, …
RSA, the London-based insurer, has appointed Rachel Cotton as real estate director for RSA’s Risk Managed Business. Cotton has worked at RSA for over 25 years across a variety of areas including technical and specialist claims, sales and marketing for …
Southern California’s construction sector continues to gain momentum, making good on positive outlooks issued late last year, and agents and brokers who deal in this segment can’t be any happier – especially those who remember the historically rough times that …
In response to the increasingly constricted habitational insurance market, Marsh has created a new property insurance facility designed specifically for those who own or are investors in multifamily properties. Marsh’s PRIME Habitational Property Insurance Facility was developed in collaboration with …
Victor O. Schinnerer & Company, Inc. has launched a new real estate errors and omissions (E&O) policy form. The new policy provides additional coverage enhancements for real estate professionals and will be available beginning Jan. 1, 2013. New features include; …
Island Park, NY, 09/27/12 – New Empire Group, Ltd announced the formation the “New Empire Group Wholesale Division” to be headed by James F. O’Neill, the current Executive VP. New Empire Group, Ltd. is a state-of-the-art managing general agent specializing …
For the first time since the American Bar Association began conducting surveys of legal malpractice insurance claims beginning in 1985, insurers reported a higher percentage of claims involving real estate than any other area of law. Real estate, personal injury-plaintiff …
General Star Management Co. has made its admitted professional liability coverage for real estate agents available in California. Underwritten by General Star’s Professional E&O Division, the new offering is provided by General Star National Insurance Co. General Star also upgraded …
