Property Matters covers industry developments affecting commercial and personal lines of property insurance.
|
|
|
|
 |
Issue: October, 2011 Language: English
Author:
Michael Guthrie
Summary:
This article looks at warehouse operational issues--what does logistics mean to a warehouse or cargo liability underwriter. The article includes an explanation of logistics and 3PL, a listing of the top 3PL providers, and discussion about the services that 3PL providers offer, U.C.C. warehouse liability, bailment liability and intentionally expanded coverage. |
 |
|
|
 |
Issue: March, 2011 Language: English
Author:
Rick Hartmann
Summary:
This article discusses the insurance implications around vacant buildings. With a rise in vacancy rates, the market continues to be saturated with available commercial property. In order to underwrite these risks profitably, insurers must understand the underlying exposures, their loss potential and how policies will respond. |
|
|
|
 |
Issue: February, 2011 Language: English
Author:
Joaquin Orejas
Summary:
This publication discusses earthquakes and underwriting lessons gained from some recent ones. Discussion includes building codes, business interruption losses, and other loss issues. |
|
|
|
 |
Issue: September, 2010 Language: English
Author:
Charlie Kingdollar
Summary:
This issue of Property Matters discusses the challenges related to "green" construction currently in use, how some building innovations aren't really green, and how well-known exposures can still present challenges to insurers. Also discussed are some underwriting considerations for insurers evaluating any type of building innovation. |
|
|
|
 |
Issue: July, 2010 Language: English
Summary:
This edition features an article written by Tony Sammur of Gen Re Intermediaries, Gen Re's reinsurance intermediary and risk advisor. Tony discusses RMS's model changes expected with their 2011 Atlantic Hurricane model update and the implication for insurers. In this article, you can read about inland risk and model approaches, historical storms and hurricane model assumptions and model changes to come. |
|
|
|
 |
Issue: May, 2010 Language: English
Summary:
A new research center funded by the insurance industry is opening in October 2010. This interview with Julie Rochman, President and CEO of the Institute for Business & Home Safety, discusses the IBHS mission and how its new facility will promote safer and more resilient buildings. Berto Sciolla, Executive Vice President of Gen Re, adds a reinsurer's perspective on catastrophe losses and the benefits of improved construction methods. |
|
|
|
 |
Issue: August, 2009 Language: English
Author:
Geoff Piggot
Summary:
This issue of Property Matters highlights the potential changes for the insurance industry with regard to terms and conditions in wordings and policy coverages and how these are going to be affected by Government targets for a reduction in greenhouse gas emissions. |
|
|
|
 |
Issue: May, 2009 Language: English
Authors:
Charlie Kingdollar,
Sue Stein
Summary:
A growing number of states and municipalities across the U.S. are adopting green building programs including Energy Star, LEED and more. This issue of Property Matters looks at a few approaches from a large city to a small county -- California, Washington, DC, Dallas, Texas, Howard County, Maryland and Epping, New Hampshire. In addition, we highlight Greensburg, Kansas which is regarded as one of the greenest cities in America and the frontrunner of requiring new construction be built to green standards. |
|
|
|
 |
Issue: September, 2008 Language: English
Authors:
Sue Johnson,
Deborah Nelson
Summary:
Wind and thunderstorm losses in Midwest states have reached an unusually high level in 2008. Due to most of the events being smaller, frequency events, cat retentions on reinsurance programs have not often been breached, leaving companies with several smaller net losses impacting their results. This issue discusses 2008 Wind and Thunderstorm events in the Midwest and Gen Re's study of historical PCS loss data for the Midwest and how clients can better manage their loss experience through disciplined accumulation and product management. |
|
|
|
 |
Issue: September, 2008 Language: English
Summary:
Important changes in Maryland property insurance coverage are highlighted in our latest edition of Property Matters. Maryland attorney Christopher Poverman discusses the Anderson decision and its impact on the state condo insurance market. Kim Hanke of Gen Re highlights 2008 legislative changes involving Additional Living Expense and Sewer Back-Up coverage in Maryland. |
|
|
|
 |
Issue: July, 2008 Language: English
Summary:
Gen Re's facultative non-proportional product is a tool to help our clients manage the volatility in their portfolio. This flyer discusses its benefits. |
|
|
|
 |
Issue: June, 2008 Language: English
Summary:
This issue focuses on Ordinance or Law Policy Provisions for Property Insurance Policies, written by Jeffrey Learned, Esq., of the law firm of Denenberg Tuffley, PLLC. Topics discussed are the basic types and what constitutes enforcement and policy sub-limits and the extent of coverage for code upgrades to undamaged parts of a building. There is also an Appendix with summaries for each state on notable court decisions issued in the last 50 years interpreting, construing or applying ordinance or law exclusions or coverage provisions in property insurance policies. |
|
|
|
 |
Issue: May, 2008 Language: English
Authors:
Troy Dockery,
Mindy Pollack,
Sue Stein
Summary:
This issue of Property Matters focuses on the coverage of water damage after Hurricane Katrina and provides an in-depth discussion on the recent Louisiana Supreme Court ruling that upheld the flood exclusion in a commercial policy. |
|
|
|
 |
Issue: March, 2008 Language: English
Summary:
Gen Re's facultative non-proportional product is a tool to help our clients manage the volatility in their portfolio. This flyer discusses its benefits. |
|
|
|
 |
Issue: September, 2007 Language: English
Author:
Melinda Kawamura
Summary:
In this publication, we discuss the forecast for much higher-than-normal wildfire activity and fire potential in the western U.S. We point out elements that are significant to wildfires, and we identify fire fuels unique to California. Insurers may be interested in the population shift into the "wildland urban interface," its impact on exposure accumulation and variables that can increase loss potential. Though wildfires are more common in California, they are not just a California problem. |
|
|
|
 |
Issue: July, 2007 Language: English
Author:
Richard Ruggiero
Summary:
In this publication, we discuss how changes in risk profile can be affected by wildfires. Although not a new risk, it is becoming of more importance as the population of Florida increases and moves into areas that were once forest. This publication includes maps of active wildfires and Florida's growing population. |
|
|
|
 |
Issue: May, 2007 Language: English
Summary:
This publication discusses an issue in the spotlight after Hurricane Katrina: Concurrent Causation. The coverage questions raised by levee breaks and wind vs. flood can arise in a multitude of catastrophe scenarios. To help insurers gauge their exposure and adequacy of policy language, we review: efficient proximate cause and concurrent causation; anti-concurrent causation clauses in HO and business property policies; enforcing anti-concurrent causation language -- questions in Florida; and policy language variations -- Louisiana levee break case. |
|
|
|
 |
Issue: November, 2006 Language: English
Author:
Marc Dahling
Summary:
This edition of Property Matters discusses Business Interruption Limits, Insurance to Value, and Blanket Coverage Variables--and the Gen Re tools that can help. Also discussion on Florida and Louisiana valued policy law. |
|
|
|
 |
Issue: September, 2006 Language: English
Author:
James Canfield
Summary:
This issue of Property Matters focuses on hurricane loss models. |
|
|
|
 |
Issue: January, 2006 Language: English
Summary:
This issue of Property Matters highlights investigating fire losses. Attorneys Mike Pavlisin, Evan Williams and Jennifer Seidler of O'Hagan, Smith & Amundsen in Illinois provide insights and suggestions for insurers handling fire claims. While fire losses may appear routine, many claims are complex and demand considerable attention and expertise. This article offers suggestions to help insurers reach good outcomes and avoid bad faith exposures. |
|
|
|
|
|
|
|
