Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Request Withdrawn for Judge to Approve Miss. State Farm Settlement
Mar 14 2007 // Some of the lawyers who helped negotiate a proposed settlement with State Farm Insurance Cos. over Hurricane Katrina damage claims withdrew their request Monday for a federal judge to approve the multimillion dollar...
Fla.’s Citizens Business Plan Receives Approval from Finance Commission
Mar 14 2007 // Citizens is one step closer to providing policyholders with more options and premium savings, thanks to approval of the Multi-Peril Business Plan by the Financial Services Commission. “We are excited about providing...
La.’s Citizens Agrees to Mass Settlement of Hurricane Suits
Mar 12 2007 // Louisiana’s state-run insurer has agreed to a mass settlement with more than 100 policyholders, a deal believed to be the first of its kind in the state since hurricanes Katrina and Rita spawned thousands of...
State Farm announces $1.2 Billion mutual auto policyholder dividend
Mar 12 2007 // State Farm Mutual Automobile Insurance Co. recently announced it will pay $1.25 billion in dividends to its mutual auto insurance policyholders in 46 states, the District of Columbia and the Canadian province of New...
Fla. homeowners seek cover for permit fees
Mar 12 2007 // Alleging that insurers failed to pay or properly adjust claims for 200,000 policyholders in Florida by ignoring fees for rebuilding permits, a group representing homeowners has filed suits against three insurers. The...
Judge Senter weighs binding arbitration in Miss. State Farm Katrina settlement
Mar 12 2007 // U.S. District Judge L.T. Senter Jr., the federal judge weighing competing plans to resolve thousands of disputed claims in Mississippi against State Farm Fire and Casualty Co. after Hurricane Katrina, held a hearing...
News Currents
Mar 12 2007 // La. insurance regulators probe Allstate’s policy cancellations Louisiana insurance regulators are investigating whether Allstate Insurance Co. is canceling policies without properly inspecting homes to see if they...
Computer Data Bugs Lead to Shakeup, Lawsuit by La.’s Citizens
Mar 9 2007 // With its financial records in disarray, Louisiana’s state-run insurance company of last resort will get a new chief administrator and beef up its management with a chief financial officer and internal auditor,...
La. Commissioner Orders Allstate to Reinstate Policyholders
Mar 6 2007 // Louisiana Commissioner of Insurance Jim Donelon has ordered Allstate to scrap its property inspection process that led to the cancellation of more than 4,700 homeowners policies and reinstate coverage on those homeowners...
Royal & Sun Management Team Completes Buyout of U.S. Businesses
Mar 5 2007 // Arrowpoint Capital Corp. has completed the acquisition of all Royal & SunAlliance USA businesses formerly owned by Royal & Sun Alliance Insurance Group plc of London. Arrowpoint Capital Corp. was formed in June...
La. DOI to Inspect Some Allstate Insured Properties
Mar 2 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that Department of Insurance staff will be inspecting the properties of 18 Allstate policyholders in Jefferson, Orleans and St. Bernard Parishes who complained to...
Judge Weighs Miss. Katrina Class Action, State Farm Settlement
Mar 2 2007 // A federal judge weighing competing plans to resolve thousands of disputed claims against State Farm Fire and Casualty Co. after Hurricane Katrina heard emotional testimony Wednesday in Gulfport from Mississippi...
State Farm to Distribute $195 Million Calif. Auto Policyholder Dividend
Mar 1 2007 // State Farm Mutual Automobile Insurance Co. announced that auto insurance policyholders in California will receive a dividend 15 percent of their semi-annual premium. The total amount to be distributed is estimated to total...
Fla. Homeowners File Suit Seeking Payments for Permit Fees
Feb 28 2007 // Alleging that insurers failed to pay or properly adjust claims for 200,000 policyholders in Florida by ignoring fees for rebuilding permits, a group representing homeowners has filed suits against three insurers. The...
Lawyer: La. Citizens Nearing Mass Settlement of Hurricane Suits
Feb 21 2007 // Louisiana’s state-run insurer is nearing a mass settlement with policyholders that would be the first deal of its kind in the state since hurricanes Katrina and Rita spawned thousands of lawsuits, an attorney for the...
Royal Sun U.S. Buyout Can Proceed Subject to Conditions
Feb 21 2007 // Delaware Insurance Commissioner Matthew Denn has conditionally approved a management buyout of Royal & Sun Alliance Insurance Group’s U.S. operations, even while chastising the company’s British parent for...
Miss. Commissioner, AG Upset Over State Farm Cutback
Feb 15 2007 // Mississippi officials are concerned about the effect State Farm’s decision to curtail its insurance writings will have on rebuilding efforts and remaining insurance markets. State Farm, Mississippi’s largest...
Florida Insurers Fight Emergency Rule
Feb 14 2007 // Insurance companies are seeking to invalidate an emergency rule adopted last month by the Florida Financial Services Commission that restricts their right to price and drop homeowners policies. The rule, 690ER07-01,...
Fla.: Citizens Tornado Claims Payments Top $500,000
Feb 8 2007 // Citizens Property Insurance Corp. paid out more than $520,000 in claims payments to policyholders affected by the Feb. 2 storms according to a company official. “We’ve paid $521,951 in damage claims and have...
