Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Florida’s Citizens Says AOB Abuse to Blame for Statewide Rate Increase of 6.8%
Jun 23 2016 // Citizens Board of Governors has approved recommended rates for 2017 that equal an average rate increase of nearly 7 percent statewide. The company said the increase is a necessary response to rising non-weather water...
Philadelphia Insurance Renews Campaign to Plant 80K Trees
Jun 17 2016 // Philadelphia Insurance Companies (PHLY) in Bala Cynwyd, Pennsylvania, announced that it is continuing its partnership this year with the Arbor Day Foundation with a goal of planting 80,000 trees for the second year in a...
CAMICO to Offer Enhanced Coverage for CPA Firms Through New Berkley Company
Jun 17 2016 // CAMICO, a CPA-directed program of insurance and risk management for the accounting profession, and Berkley Alliance Managers (BAM), a W. R. Berkley Company, have announced new insurance policies with enhanced coverage....
American Family Insurance Seeks Change in Corporate Structure
Jun 17 2016 // American Family Mutual Insurance Co., headquartered in Madison, Wis., announced the filing of a plan to create a mutual holding company that it says would provide more flexibility to pursue customer-driven initiatives...
5 Principles for Navigating Complex Property/Casualty Claims
Jun 16 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
5 Principles for Navigating Complex Property/Casualty Claims
Jun 6 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Citizens Board Approves $2.46B Risk Transfer Program for 2016 Hurricane Season
May 25 2016 // Florida’s Citizens Property Insurance Corporation’s Board of Governors has approved a $2.46 billion risk transfer program as the state heads into the 2016 hurricane season, the insurer said in a statement. By...
Iowa Insurance Commissioner Sues Feds Over Failed Health Co-Op
May 23 2016 // Iowa Insurance Commissioner Nick Gerhart says federal health officials are unlawfully withholding millions of dollars owed to a failed health insurance co-op in his state. Gerhart, who is Liquidator for CoOportunity...
What to Know About Travelers’ CGL Cyber Ruling
May 23 2016 // Experts are cautioning insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Buyers would be mistaken to...
Citizens Implements Contract Changes to Address Florida Water Losses
May 10 2016 // Citizens Property Insurance Corp. is alerting policyholders to important policy changes beginning July 1 as part of the state-backed insurer’s efforts to improve communication and protect customers early in the...
Special Report: Execs Warn of Impending Florida Market Crisis Over Water Loss Claims
May 3 2016 // Abuse of assignment of benefits (AOB) from water loss claims has become a full-blown Florida insurance crisis that will mean higher insurance rates next year and for the foreseeable future for every Florida policyholder,...
FEMA Grants Proof of Loss Extension to Louisiana NFIP Policyholders
Apr 26 2016 // Louisiana Insurance Commissioner Jim Donelon announced that the Federal Emergency Management Agency (FEMA) has granted a 60-day extension on filing the Proof of Loss form for National Flood Insurance Program (NFIP)...
Fallout from Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Apr 25 2016 // Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Experts are cautioning...
Florida Commissioner McCarty Saying Goodbye: ‘It’s Been a Labor of Love’
Apr 21 2016 // “It’s not for the faint of heart, I can tell you that… Anyone who comes in here and thinks it’s an easy job really does not have any idea what they’re getting into. But it’s been a...
Georgia to Investigate Allstate Auto Rate Increase
Apr 12 2016 // A Georgia statewide rate increase of 25 percent on Allstate Property & Casualty Insurance Company policyholders has triggered a consumer alert from state Insurance Commissioner Ralph Hudgens. The Georgia Department of...
Delaware: Former Coventry Policyholders Entitled to Unclaimed Funds
Apr 8 2016 // The Delaware Department of Insurance said several consumers have recently contacted the department’s Consumer Services Division regarding a letter they received in the mail from “Aetna, Treasury Services –...
Florida’s Failure to Pass AOB Reforms Will Impact State Insurance Market
Apr 4 2016 // Following the 2016 Florida Legislative Session’s failure to pass essential assignment of benefit (AOB) reforms, the insurance industry and Citizens Property Insurance Corp. are working in tandem with the Florida...
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims
Apr 4 2016 // Citizens Property Insurance Corp.’s board of governors approved recommendations last month aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress made in returning...
Commentary: Florida’s Failure to Pass AOB Reforms Will Impact State Insurance Market
Mar 21 2016 // Following the 2016 Florida Legislative Session’s failure to pass essential assignment of benefit (AOB) reforms, the insurance industry and Citizens Property Insurance Corp. are working in tandem with the Florida...
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims
Mar 17 2016 // Citizens Property Insurance Corp.’s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress made in...
