Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Florida Insurer American Integrity Launches Policyholder Home Maintenance App
Aug 28 2019 // American Integrity Insurance Co., a Tampa, Fla.-based home insurance carrier, has introduced a new, free home platform app designed to provide tools and information for customers to maintain their home and...
California State Fund Declares $105M Dividend for Workers’ Comp Policyholders
Aug 22 2019 // The board of California’s State Compensation Insurance Fund announced plans to distribute a $105 million dividend to qualifying policyholders with policies that took effect between Jan. 1 and Aug. 19. This dividend...
Pennsylvania Makes Changes to Reduce Chances of Workers’ Comp Rate Filing Errors
Aug 14 2019 // Pennsylvania Insurance Commissioner Jessica Altman and Labor & Industry Secretary Jerry Oleksiak announced agreements with two insurers and the Pennsylvania Compensation Rating Bureau (PCRB) to protect Pennsylvania...
Outlooks Revised to Positive for Minnesota Lawyers Mutual, MLM Risk Retention Group
Aug 2 2019 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Minnesota Lawyers Mutual Insurance Co.,...
Florida Regulator Calls Open Hurricane Michael Claims ‘Discouraging’; Plans Data Call
Aug 1 2019 // With more than 20,000 claims related to Hurricane Michael still open nine months after the storm hit the Florida Panhandle, Florida’s top insurance regulator is calling on the insurance industry to take “all...
Florida Regulator Approves Post-AOB Reform Rates for Citizens Policyholders
Jul 30 2019 // Florida’s insurance regulator has established 2019 rates for Citizens Property Insurance Corp. after the insurer resubmitted its rate filing as part of a requirement of the new assignment of benefits law that...
California Earthquake Authority Board Expands Policyholder Eligibility for Retrofit Grants
Jul 22 2019 // The governing board of the California Earthquake Authority has voted to increase the number of policyholders eligible for a $3,000 retrofit grant. The CEA board voted to make the grant available to roughly 30,000 CEA...
Jewelers Mutual Board OKs Plan to Transition to Mutual Holding Company
Jul 12 2019 // Jewelers Mutual Insurance Company’s board of directors has approved the insurer’s plan to become a mutual holding company, a process the company hopes to complete by Jan. 1, 2020. The plan was filed with the...
Louisiana Law Strengthens Policyholder Choice of Auto Repair Shops
Jul 1 2019 // A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. John Bel Edwards,...
Texas Windstorm Insurer: $4.2B Available for 2019 Hurricane Season
Jul 1 2019 // Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. That amount includes a $111...
New Louisiana Law Aims to Protect Policyholder Choice of Auto Repair Shop
Jun 21 2019 // A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. Jon Bel Edwards,...
Florida’s Citizens Revises 2019 Rate Filing; Will Request 2.3% Statewide Rate Increase
Jun 20 2019 // Citizens Property Insurance Corporation’s Board of Governors has approved a revised 2019 rate proposal that the company said reflects recent legislative changes that targets the ongoing abuse of assignment of benefit...
What to Expect from Florida’s AOB Reform Law Taking Effect July 1
Jun 18 2019 // The countdown is on for Florida assignment of benefits (AOB) reform that will take effect July 1, and the insurance industry is getting ready to respond to new requirements as a result of the law as well as evaluating how...
How the Workers’ Compensation Industry Is Embracing Telemedicine
Jun 10 2019 // The use of telemedicine may be in its nascent stages within the workers’ compensation system, but the starting line has definitely been crossed with employers and workers’ comp insurers embracing the ability to...
Congress Renews Flood Insurance Program Until June 14
May 30 2019 // Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by unanimous consent, the House of Representatives managed on Thursday to pass a separate...
Texas Mutual to Distribute $330M in Policyholder Dividends
May 9 2019 // Workers’ compensation insurer Texas Mutual Insurance Co. announced plans to distribute $330 million in dividends to policyholders in 2019. The dividends will be distributed to over 55,000 business owners, who are...
CNA Hardy Enhances Cyber Proposition for UK Clients
May 9 2019 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced significant enhancements to its cyber proposition with a new pre-breach service and additional...
Telemedicine Takes Workers’ Comp Into the Future
May 6 2019 // The use of telemedicine may be in its nascent stages within the workers’ compensation system, but the starting line has definitely been crossed with employers and workers’ comp insurers embracing the ability to...
Florida Governor to Sign AOB Reform Bill; Citizens Plans Rate Review
Apr 25 2019 // Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry...
Update: Florida Legislature Passes Industry-Backed AOB Reform Bill
Apr 24 2019 // After seven years of failed attempts, Florida legislators have passed property insurance reform to address the abuse of a policyholder benefit known as assignment of benefits (AOB). The insurance industry and consumers...
