Property Insurance News and Trends

Be in the know about property insurance trends

Property insurance companies, in fact the entire insurance industry, is quite newsworthy. Most companies are financial giants, the sector is highly regulated and property insurance is always part of the story when natural disasters arise. For those reasons and many more, your business can find many sources of information on property insurance news and trends.

Just as not all commercial real estate insurance is the same, not all sources are equal. As your business collects and assesses news on property casualty insurance and property insurance providers, be sure to check and compare sources. That will ensure your company gets a balanced view of what is happening in property insurance. To find information on the news and trends in commercial real estate property insurance, note the following points:

1. Professional insurance organizations collect all general property insurance news stories.

2. Business news sources carry accounts of trends in property insurance coverage.

3. Property insurance providers post company and general information.

 

Check professional insurance news sources first

There are several national and state insurance organizations that collect news, data and trends about the insurance industry. Some archive general news, while others focus on specific segments, such as property or casualty insurance. It might be a good idea to check both types of sources initially. Once your staff is grounded in property insurance news and trends, it can select the sources to follow.
Try: Subscribe to the Insurance Journal. Your team can get daily national and regional casualty and business property insurance news as well as information on trends delivered online or in print. You can find all the insurance news that is news at the Insurance Information Institute website. If you don't find the information you seek right away, check other categories such as "Issues Updates," "Facts and Statistics" and "Press Releases." For a quick glimpse of what's happening with property insurance companies, access Insurance Headlines.

Use business sources for news about commercial property insurance

Because property insurance is a big business and property insurance companies control vast sums of money, industry news and trends make frequent appearances in business publications and on business-related websites. Accounts written by their staffs are usually quite informative and straightforward. They should be included in your firm's news portfolio.
Try: Encourage your staff to check Yahoo Finance and Newsvine.com regularly for commercial property insurance news. They also can access the archives for past news accounts (or even get property insurance quotes). Frequent visits will allow your team to track trends.

Read about news and trends at the websites of property insurance companies

As your business narrows the choices among property insurance providers, take the time to check each one's news accounts. Not only will you be informed about news and trends important to those companies, you will pick up some intelligence about them and a feel for their corporate culture. All of those factors can help your decision making.
Try: Visit the "Newsroom" at Nationwide Insurance for the latest property insurance news and trends. Encourage your firm to sign up for email alerts. At FM Global you can evaluate company and industry news as it is posted.

 

• In instances when you find opposing interpretations of trends or news accounts, check additional sources for consensus or discuss the situation with a local property insurance agent.

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