Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Missouri DOI Fines Auto Insurer $256K; Orders Operational Changes
Mar 11 2011 // A Chicago-based auto insurance company has paid $256,000 in fines and is required to more quickly process, investigate and pay claims under a settlement reached with the Missouri Department of Insurance, the department...
Louisiana Insurance Commissioner: Rebates, Incentives Available to Homeowners
Mar 1 2011 // Louisiana Insurance Commissioner Jim Donelon wants property insurance policyholders in his state to claim a possible rebate for the assessment from Louisiana Citizens Property Insurance Corp., and homeowners to take...
Massachusetts Allows for Terrorism Exclusion in Commercial Insurance
Feb 7 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance...
Court: Only English Required in Arizona Uninsured/Underinsured Form
Feb 7 2011 // The Supreme Court of Arizona has ruled that the state’s uninsured motorist (UM) and underinsured motorist (UIM) coverage selection or rejection form only needs to be filed in English — even when dealing with...
Massachusetts Allows for Terrorism Exclusion in Commercial Insurance
Jan 28 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance...
Insurance Council of Australia Takes New Initiatives in Wake of Floods
Jan 28 2011 // The Insurance Council of Australia (ICA) has reacted quickly to the disastrous flooding in the State of Queensland earlier this month with two new initiatives aimed at “developing a more effective and sustainable...
Court: Only English Required in Arizona Uninsured/Underinsured Form
Jan 24 2011 // The Supreme Court of Arizona has ruled that the state’s uninsured motorist (UM) and underinsured motorist (UIM) coverage selection or rejection form only needs to be filed in English — even when dealing with...
Florida Looking for Ways to Curb Sinkhole Losses
Jan 24 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Louisiana Policyholders Fail to Claim $133M in Rebates
Jan 10 2011 // Property insurance policyholders in Louisiana have missed the chance to claim almost $133 million in rebates that had been available before the end of 2010. Insurance Commissioner Jim Donelon says the money — part of...
Calif. Commissioner Asks Blue Shield to Delay Rate Increases
Jan 7 2011 // California Insurance Commissioner Dave Jones has called on Blue Shield of California to delay its implementation of a new round of substantial individual health insurance premium increases that would impact tens of...
Guggenheim to Reinsure Standard Life of Indiana in Reorganization
Dec 31 2010 // Indiana Insurance Commissioner Stephen W. Robertson announced that Guggenheim Life and Annuity Co. will reinsure policies originally issued by Standard Life Insurance Company of Indiana, which has been in rehabilitation...
LWCC Board Declares $22.5 Million Policyholder Dividend
Dec 23 2010 // The Board of Directors of Louisiana Workers’ Compensation Corporation (LWCC) has declared a 2010 dividend of $22.5 million, to be paid to qualifying policyholders in early 2011 upon authorization by the Louisiana...
California Employers See Lower Ex-Mods With New Rating Formula
Dec 8 2010 // California employers, by and large, saw lower experience modifications in 2010, thanks to changes to the experience rating formula. On Nov. 9, 2009, California Insurance Commissioner Steve Poizner issued a decision...
California Approves Pay-As-You-Drive Insurance Programs
Dec 2 2010 // California Insurance Commissioner Steve Poizner has approved filings by the Automobile Club of Southern California and State Farm Mutual Automobile Insurance to offer pay-as-you-drive insurance. The PAYD Insurance program...
NJM Insurance Policyholders to Get Dividend Checks
Nov 17 2010 // New Jersey’s largest auto insurer is issuing dividend checks averaging $107 to its policyholders. New Jersey Manufacturers Insurance Company began issuing the checks on Monday. The Ewing-based company says the checks...
Why Should Private Companies Buy D&O Insurance?
Nov 1 2010 // Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers...
Why Should Private Companies Buy D&O Insurance?
Nov 1 2010 // Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers...
Why Should Private Companies Buy D&O Insurance?
Nov 1 2010 // Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers...
Some Rezoned Flood Insurance Policyholders Get Price Break
Oct 18 2010 // The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in...
Iowa Court: Property Transfer Doesn’t Negate Builder’s Risk Policy
Oct 18 2010 // The Iowa Court of Appeals upheld a decision by a lower court that a builder’s risk insurance policy remained in effect after the policyholder transferred the property, by warranty deed, to another party in exchange...
