Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Fireman’s Fund Enhances Prestige Home Premier Product
Sep 16 2014 // Fireman’s Fund has unveiled new coverages and enhancements to its Prestige Home Premier product, now available in six states and filing nationwide through 2016. Homeowners in Arizona, Colorado, Connecticut, Illinois,...
N.J. Sen. Menendez Urges FEMA to Reform NFIP’s Claims Process
Sep 12 2014 // Following up on issues that were raised at the July 30 hearing on post-Sandy flood insurance claims, U.S. Sen. Robert Menendez (D-N.J.) sent a letter on Wednesday, Sept. 10, to Federal Emergency Management Agency’s...
Florida Approves Rate Cuts for Citizens Property Customers
Sep 9 2014 // Florida’s insurance regulator has approved rate decreases for policyholders of Citizens Property Insurance Corp. The approval means for the first time in five years a majority of the state-backed insurer’s...
Insureds Rarely Have Home Inventories Despite Benefits, Say Claims Pros
Sep 8 2014 // Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of...
The Impact of Prior Work Exclusions and Sunset Provisions in CGL Policies
Sep 8 2014 // The commercial general liability (CGL) occurrence form policy is like a row of briefcases each filled with $1 million. Inscribed on the front of each briefcase is a year representing a specific annual policy period. Each...
Kentucky Employers’ Mutual Insurance to File for 5% Rate Reduction
Sep 5 2014 // Kentucky Employers’ Mutual Insurance (KEMI), the largest workers’ compensation insurer in Kentucky, announced that it plans to file for an overall rate reduction of 5 percent effective Jan. 1, 2015. KEMI said...
Conn. Regulators Recovered $1.8M for Policyholders, Taxpayers in Q2
Aug 26 2014 // Connecticut Insurance Commissioner Thomas B. Leonardi announced Monday that the Connecticut Insurance Department recovered nearly $1.8 million for policyholders and taxpayers in the second quarter of 2014. “The...
Florida Opens, Closes Surplus Lines Opportunities
Aug 20 2014 // The recent legislative session in Tallahassee was relatively quiet, a matter some attribute to this being an election year. But even in quiet years, Florida lawmakers tend to make some noise about the insurance industry...
Insureds Rarely Have Home Inventories Despite Benefits, Say Claims Pros
Aug 18 2014 // Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of...
Flood Insurance Premium Refunds in Process
Aug 18 2014 // The Federal Emergency Management Agency (FEMA) is being praised for moving quickly and ahead of schedule to get $100 million in flood insurance premium refunds into the hands of the one million policyholders who...
Ex-Insurance Agent Strikes Plea Deal in Kansas Fraud Case
Aug 7 2014 // A former Wichita insurance agent accused of defrauding policyholders has struck a deal with prosecutors for a 42-month prison sentence. Jason Matthew Pennington pleaded guilty on Aug. 5 to two counts of wire fraud and one...
North Dakota State Fire and Tornado Fund Waives Premiums
Aug 5 2014 // The North Dakota State Fire and Tornado Fund (F&T) for the first time in its history will waive insurance premiums for its policyholders, the state insurance department announced “The State Fire and Tornado Fund...
Crop Insurer to Reimburse Some North Dakota Policyholders
Aug 5 2014 // A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm...
Anthem to Return $7.8M to Missouri Policyholders in Market Conduct Settlement
Aug 4 2014 // The Missouri Department of Insurance announced it reached a regulatory settlement with Healthy Alliance Life Insurance Co. and HMO Missouri Inc., subsidiaries of Anthem BlueCross BlueShield of Missouri, which are part of...
Could Citizens Become Too Competitive in Florida?
Aug 4 2014 // Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the private market. Citizens Property Insurance Corp. recently...
South Carolina Mandates Home Insurance Education, Disclosure
Aug 4 2014 // South Carolina Insurance Director Ray FarmerSouth Carolina Insurance Director Ray Farmer has issued a bulletin drawing the industry’s attention to the provisions of the Competitive Insurance Act passed this year. The...
Senate Committee Holds Hearing on Flood Claims Process After Sandy
Jul 30 2014 // A U.S. Senate committee today conducted a hearing titled “The Flood Insurance Claims Process in Communities After Sandy: Lessons Learned and Potential Improvements,” where lawmakers had a chance to listen to...
With Premium Refunds in Process, Washington Criticism of Flood Insurance Ebbs
Jul 28 2014 // Insurance agent, insurance carrier and real estate lobbyists praised federal regulators in charge of the National Flood Insurance Program (NFIP) last week on Capitol Hill, agreeing that the process of issuing flood...
Texas Homebuilder Workers’ Comp Group Distributing $500K to Members
Jul 23 2014 // Texas Homebuilder Workers’ Compensation Group (THB) announced that 2014 dividend payments to policyholders will total more than $500,000. The program is available only to homebuilders in Texas. Founded in 2004 by...
Florida Frets That With Proposed Rate Cut, Citizens Could Be Too Competitive
Jul 22 2014 // Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the private market. Citizens Property Insurance Corp. recently...
