Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Oregon SAIF Declares Dividends as Workers’ Comp Costs Decrease
Sep 14 2018 // The board of directors of the SAIF, the not-for-profit company providing workers’ comp insurance in Oregon, declared two dividends for customers: a $120 million primary dividend to be paid to SAIF’s...
Roost Partners with New York-Based Kingstone Insurance
Aug 30 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with New York-based Kingstone Insurance. Roost is a technology company headquartered in Sunnyvale, Calif. Kingstone is a property and...
$3.7M Recovered for Georgia Policyholders in First Half of 2018
Aug 6 2018 // Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according...
Chubb Partners with DynaRisk to Offer Cyber Loss Mitigation Service in UK, Ireland
Jul 30 2018 // Chubb has partnered with cyber security company DynaRisk to offer a cyber loss mitigation service to Chubb’s Cyber Enterprise Risk Management policyholders in the UK and Ireland. The DynaRisk service assesses a...
A.M. Best Revises Outlooks to Negative for Wisconsin Municipal Mutual Insurance
Jul 26 2018 // A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” for Wisconsin Municipal Mutual Insurance...
Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer
Jul 9 2018 // In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses...
Florida’s Citizens Delays Decision on Proposed Rate Increases
Jul 2 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Chubb Enhances Global Cyber Incident Response Management Capabilities
Jun 26 2018 // Chubb announced that it has enhanced its cyber incident response management capabilities and launched two new ways of accessing the service: a mobile application and a dedicated website. As the threat of cyber risks facing...
Florida’s Citizens Delays Decision on Proposed 2019 Rate Increases
Jun 21 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Commentary: Reforms Needed to Protect Florida Policyholders
Jun 7 2018 // Like thousands of other Floridians, I recently received my homeowner’s insurance renewal statement only to learn that my premium was increasing by a double-digit percentage – nearly $600 annually. But like most...
What the Florida Industry Needs to Know for the 2018 Hurricane Season
Jun 1 2018 // The 2018 hurricane season is officially underway, even as the dust continues to settle on the 2017 hurricane season — one of the costliest hurricane years on record — that brought devastation to Florida from Hurricane...
Texas Mutual Names Ward as COO, Haugaard as Sr. VP-Policyholder Services
May 29 2018 // Austin-based workers’ compensation carrier, Texas Mutual Insurance Company, has appointed Jeanette Ward as the company’s new chief operating officer (COO) and Kim Haugaard as its new senior vice president of...
LWCC in Louisiana Declares 2017 Policyholder Dividend
May 23 2018 // The board of directors for LWCC, a provider of competitive workers’ compensation insurance to Louisiana employers, has declared a 2017 dividend of $81 million to its policyholders. The amount was distributed to...
Missouri Employers Mutual Awards $800K in Workplace Safety Grants
May 22 2018 // Workers’ compensation insurer, Missouri Employers Mutual has awarded the company’s fourth round of safety grants to Missouri businesses this month to help them take the next step toward improving workplace...
Chubb Subsidiary Fined $1.3M for Underwriting NRA-Branded Insurance
May 7 2018 // The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
Florida’s Citizens Reopens More Than 25K Hurricane Irma Claims
May 7 2018 // Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of...
Deadline Extended for TWIA Damage Appraisal Demands; Depopulation Program Begins
May 7 2018 // The deadlines for a Texas Windstorm Insurance Association (TWIA) policyholder to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. The new...
American Family, Main Street America Reveal Plan to Merge
May 4 2018 // Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group will pursue a merger, the companies announced today. The combined equity of the merged entities is expected to be more than $9...
Missouri Employers Mutual: More Businesses Injury-Free in 2017
Apr 26 2018 // Workers’ compensation insurer, Missouri Employers Mutual Insurance (MEM), says it experienced an all-time high in injury-free policyholders last year. MEM’s 2017 workplace safety data show the company increased...
