Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Judge Vows He’s Still Open to Mass Settlement of State Farm Katrina Claims in Miss.
Apr 18 2007 // A federal judge said this week that his “door is open” to a mass settlement of disputed insurance claims in Mississippi after Hurricane Katrina, but he won’t endorse a proposed class-action settlement of...
Report Details P/C Insurers’ 2006 Proftability, Escape from Storms
Apr 18 2007 // Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in 2006 contributed to improved underwriting results for the year. The U.S. property/casualty...
LWCC to Pay $23.2 Million Dividend
Apr 16 2007 // Louisiana Workers’ Compensation Corporation (LWCC) will pay a $23.2 million dividend to qualifying policyholders in late April, Insurance Commissioner Jim Donelon and LWCC President/CEO Kristin W. Wall...
State Farm Begins Reevaluation of Mississippi Katrina Claims
Apr 13 2007 // State Farm Insurance Co. announced the details of how Mississippi policyholders can have their Katrina wind damage claims reevaluated under the agreement it reached last month with Mississippi Insurance Commissioner George...
Industry to Congress: Private Market Is the Best Solution on Natural Disasters, But Some Say Federal Help Needed
Apr 11 2007 // The private insurance marketplace, not the federal government, is the best vehicle to address coastal insurance issues and natural disasters in the U.S., according to insurers. Even so, the federal government can play a...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
57,000 Fla. customers of liquidated Vanguard given policy options
Apr 9 2007 // Leon County (Florida) Circuit Court Judge Terry P. Lewis approved an order on March 27 allowing Royal Palm Insurance Co. and Security First Insurance Co. to offer new coverage to the 57,000 homeowner policyholders...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
News Currents
Apr 9 2007 // 57,000 Fla. customers of liquidated Vanguard given policy options Leon County (Florida) Circuit Court Judge Terry P. Lewis approved an order on March 27 allowing Royal Palm Insurance Co. and Security First Insurance Co. to...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
38 More Miss. Katrina Suits Settled in Mediation, Judge Reports
Apr 6 2007 // Thirty-eight more Hurricane Katrina insurance cases of Mississippi residents have been settled during court-order mediation, says U.S. District Judge L.T. Senter Jr. More mediations will begin in May, according to...
Iowa Gov.Culver Questions State’s Handling of Conseco Fine
Apr 6 2007 // Iowa Gov. Chet Culver and lawmakers are questioning why the Iowa Insurance Division fined an insurance company $750,000, but didn’t make public the reasons for the penalty. Culver is concerned the agreement with...
Fla. Policyholders of Failed Vanguard Given Policy Options
Mar 28 2007 // Leon County Circuit Court Judge Terry P. Lewis approved an order allowing Royal Palm Insurance Co. and Security First Insurance Co. to offer new coverage to the 57,000 homeowner policyholders currently with Maitland-based...
News Currents
Mar 26 2007 // La.’s Donelon forges agreement with Allstate over cancelled policies Louisiana Commissioner of Insurance Jim Donelon reported on March 19, 2007, that he had reached a settlement with Allstate concerning 4,772...
Miss. State Farm $50 million settlement falters
Mar 26 2007 // Some of the lawyers who helped negotiate a proposed settlement affecting some 36,000 claims with State Farm Insurance Cos. over Hurricane Katrina damage have withdrawn their request for a federal judge to approve the...
