Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
TDI Offers Guidance on New Ban on Named Driver Policies
Sep 16 2019 // The Texas Department of Insurance has issued a bulletin providing guidance on House Bill 259, passed during the 2019 legislative session, that prohibits insurers from delivering, issuing for delivery, or renewing named...
Oregon Employers Will Get $160 Million From SAIF
Sep 16 2019 // SAIF customers in Oregon will receive $160 million in dividends this year. The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
Resolving Claim Disputes: Step 3 Research and Document the Interpretation – Part 1 of 3
Sep 16 2019 // This article introduces a three-part series covering over a dozen largely legal and contractual principles, many of which are used by attorneys to resolve contract disputes. Most of them can also be used by agents and...
Medical Malpractice Insurer Ordered into Rehabilitation in Kansas
Sep 16 2019 // A medical professional liability insurance provider serving nearly 500 medical professionals in Missouri and Kansas has been placed into rehabilitation after the Kansas Insurance Department (KID) found the company’s...
Organizational Change Plan OK’d by Policyholders of Wisconsin’s Jewelers Mutual
Sep 13 2019 // Policyholders of Neenah, Wisconsin-based Jewelers Mutual Insurance Co. have approved the company’s plan to convert its corporate structure to a mutual holding company. Policyholders voted Sept. 12 to approve the...
Hawaii Employers Mutual Declares $3.5M Dividend for Workers’ Comp Policyholders
Sep 12 2019 // The board of Hawai`i Employers’ Mutual Insurance Company Inc. has declared a $3.5 million dividend payable to qualifying policyholders. HEMIC says that with this dividend it will have returned over $38 million...
The Aftermath of Hurricane Dorian: Southeast States ‘Dodged a Bullet’
Sep 10 2019 // Residents and the insurance industry in Southeast states are feeling relieved after Hurricane Dorian grazed the U.S. coastline last week just days after it caused catastrophic damage in the Bahamas. While the storm was at...
Burns & Wilcox to Offer Wildfire Management Services to Policyholders in the West
Sep 9 2019 // Burns & Wilcox has formed an exclusive partnership with Wildfire Defense Systems, Inc. (WDS) to provide WDS’ full suite of wildfire prevention and mitigation services to homeowners, with no minimum property value...
Oregon Employers Will Get $160 Million From SAIF
Sep 5 2019 // SAIF customers in Oregon will receive $160 million in dividends this year. The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
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,...
