Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Citizens Highlights ‘Disturbing’ Water Loss Trend at FLOIR Rate Hearing
Sep 7 2015 // Representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their rate filing for 2016, which included significant increases in many Florida regions, before the Florida Office of...
FEMA: Sandy Reviews Will Be Considered Beyond Deadline
Sep 7 2015 // The Federal Emergency Management Agency says it strongly encourages National Flood Insurance Program policyholders seeking Superstorm Sandy-related payment reviews to submit requests by Sept. 15, but will consider all...
Louisiana Regulators Take Over Health Insurance CO-OP
Sep 2 2015 // The 19th Judicial District Court granted an Order of Rehabilitation and Injunctive Relief giving Insurance Commissioner Jim Donelon possession and control of the Louisiana Health Cooperative Inc. (LAHC, aka CO-OP), the...
District of Columbia Issues Price Optimization Ban Bulletin
Aug 28 2015 // The District of Columbia’s Department of Insurance, Securities and Banking (DISB) this week issued a bulletin notifying property/casualty insurers doing business in the District that price optimization is...
Citizens: Water Losses the Reason for Rate Increases in South Florida
Aug 26 2015 // In a nearly three-hour rate hearing on August 25, representatives from Florida’s Citizens Property Insurance Corp. delved into and defended their recent rate filing, which included significant increases in many...
Maine Issues Bulletin Prohibiting Use of Price Optimization
Aug 26 2015 // Maine Insurance Superintendent Eric A. Cioppa stated in a bulletin published Monday that in Maine, personal lines property/casualty insurers that use price optimization should submit revised rate filings removing such...
Lawsuit Relief Needed for TWIA Depopulation Plan to Work: Lawmakers
Aug 21 2015 // A new law that becomes effective Sept. 1 in Texas will give the state’s property insurer of last resort for wind and hail along the coast more leeway in a plan to reduce its overall exposure by incenting private...
New Hampshire to Wind Down Med Mal JUA
Aug 17 2015 // The New Hampshire Insurance Department announced on July 24 that following a court order, Insurance Commissioner Roger A. Sevigny has been officially named as receiver of the New Hampshire Medical Malpractice Joint...
FEMA Encourages Sandy Claimants Seeking Reviews to Meet Sept. 15 Deadline
Aug 14 2015 // The Federal Emergency Management Agency says it strongly encourages National Flood Insurance Program policyholders seeking Superstorm Sandy-related payment reviews to submit them by Sept. 15, but will consider all requests...
FEMA Makes 1st New Payments to Sandy Flood Claimants After Review
Aug 11 2015 // The federal government has started making new payments to victims of Superstorm Sandy after a review found that some policyholders were not paid what they were due from the National Flood Insurance Program. The Federal...
Florida Updates Neutral Evaluation Rules for Sinkhole Claim Disputes
Aug 6 2015 // Powered by InsuranceJournal.tv New rules changing the way disputed sinkhole claims are handled in Florida as part of the state’s Sinkhole Neutral Evaluation Program have been approved and took effect July 27. The...
Extension Granted for Flood Proof of Loss Forms in Louisiana
Jul 29 2015 // The Federal Emergency Management Agency (FEMA) has extended its filing deadline for National Flood Insurance Program (NFIP) policyholders in Louisiana impacted by recent flooding, the insurance department announced. The...
N.H. to Begin Winding Down Medical Malpractice Joint Underwriting Association
Jul 27 2015 // The New Hampshire Insurance Department announced on July 24 that the Merrimack County Superior Court issued an order appointing Insurance Commissioner Roger A. Sevigny as receiver of the New Hampshire Medical Malpractice...
$84.4M Farmers Insurance Settlement Approved by Texas Court
Jul 20 2015 // A Travis County, Texas, district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The...
Vermont Regulators Issue Bulletin on Price Optimization
Jul 20 2015 // Vermont regulators recently issued a bulletin addressing the issue of price optimization in personal lines ratemaking, warning insurers that adjustments to rates may not be based on non-risk-related factors. The Vermont...
N.Y. Assembly OKs Bill to Expedite Claims Processes After Disasters
Jul 8 2015 // The New York State Assembly recently approved a bill (A04458) that would require insurers to expedite claims investigation and settlement processes after declared disasters and emergencies. Under the legislation, which...
Texas Court Approves $84.4M Settlement in Farmers Case
Jul 7 2015 // A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The...
Three Steps Towards Getting Your Portfolio Ready for Hurricane Season
Jul 6 2015 // This post is part of a series sponsored by CoreLogic. Insuring property along our nation’s coastlines can be either extremely lucrative or laden with risk. Many coastal residents are underinsured—which puts...
Florida’s Citizens Approves Rate Increases Along Coast
Jul 6 2015 // Citizens Property Insurance Corporation’s Board of Governors has approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased water loss...
FEMA Sets Deadline for Requesting Sandy Claims Review
Jul 6 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...
