Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Weston, UPC Louisiana Policyholders Given 60 Additional Days to Place Policies with Citizens
Aug 17 2022 // Insurance Commissioner Jim Donelon announced Tuesday that Louisiana Citizens will provide an additional 60 days after cancellation for insurance agents to place Weston Property & Casualty Insurance Company policies...
Louisiana Policyholders Recover $129 Million
Aug 10 2022 // Commissioner Jim Donelon announced the Louisiana Department of Insurance (LDI) recovered funds of $129 million in addition to the original amounts offered by insurance companies in Fiscal Year 2021-2022. The additional...
FM Global Puts Aside $300 Million for Policyholders’ ‘Resilience Credit’
Aug 8 2022 // Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive about $300 million in a first-of-its-kind ‘resilience...
North Carolina Raises Limit on Aid for Lindberg Firms’ Policyholders
Aug 3 2022 // Policyholders with three insurance companies once owned by billionaire Greg Lindberg and who have as much as $50,000 in the bank may now qualify for financial hardship payments, the North Carolina insurance commissioner...
Texas Mutual Board Approves $330 Million Policyholder Dividend Distribution
May 24 2022 // Austin, TX., May 20, 2022 – Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced today that its board of directors voted unanimously to approve a $330...
81% of Flood Insurance Policyholders Will See Rate Increases, Report Says
Apr 26 2022 // When the Federal Emergency Management Agency rolled out a major overhaul to its beleaguered National Flood Insurance Program last April, it promised that bigger, richer homes would bear the brunt of premium increases,...
Avatar Policyholders Have Until April 13 to Find New Coverage, Florida Regulators Say
Mar 21 2022 // Avatar Property & Casualty Insurance Co. has officially entered into liquidation, and insured homeowners in Florida have less than three weeks to find new carriers. The insolvent company, the second this year and the...
WCRA to Distribute $600 Million to Minnesota Workers’ Comp Insurers, Self-Insurers, Policyholders
Mar 10 2022 // The Workers’ Compensation Reinsurance Association (WCRA) will distribute $600 million to Minnesota’s insurers, self-insurers and policyholders, the association announced this month. The WCRA Board of Directors,...
Could the Ukraine Crisis Move Florida to Fix Its Insurance Crisis?
Mar 2 2022 // With the March 11 scheduled close of its regular session fast approaching, the Florida Legislature remains so focused on putting the finishing touches on its various culture-war signaling bills that one might think...
Oklahoma Insurance Dept.: Insurers Must Notify Policyholders of Triggering Events Upon Renewal
Mar 1 2022 // Oklahoma Insurance Commissioner Glen Mulready informed all property and casualty insurers authorized to do business in the state that upon renewal of an existing policy, each Oklahoma policyholder must receive notice...
St. Johns Insurance Insolvent, to be Liquidated, Florida DFS Reports
Feb 28 2022 // St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be liquidated. The Florida Department of Financial Services posted a notice Friday that a judge in Leon...
February 25 Is Deadline For Louisiana Policyholders to File Ida Proof of Loss
Feb 25 2022 // February 25, 2022 is the deadline for most Louisiana policyholders to file proof of loss for Hurricane Ida damage. Friday marks the 180th day after Ida made landfall in Louisiana as a Category 4 hurricane. Most residential...
Florida House Committee Gives Nod to Surplus, Citizens, Fraud Bills
Feb 24 2022 // The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty insurance, from allowing surplus lines carriers to be based in Florida, to...
New Auto Insurer Sensa’s Device Analyzes Accident, Triggers Emergency Services
Feb 21 2022 // A new auto insurer is turning the tables on car manufacturers that offer insurance with their roadside and emergency services by including these accident services with its auto insurance policy. Austin, Texas-based Sensa...
Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business
Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...
Louisiana’s Donelon: Policyholders Should Check For Ida Deadlines
Feb 18 2022 // Louisiana Insurance Commissioner Jim Donelon is encouraging policyholders who filed claims for Hurricane Ida damage to check with their agent or insurance company for any required deadlines necessary to settle their...
Louisiana Insurance Dept. Tells Policyholders to File Ida Proof of Loss by Feb. 25
Feb 10 2022 // Louisiana policyholders seeking to file proof of loss for damage due to Hurricane Ida have until Feb. 25, when a 180-day deadline for most residential and commercial property insurance policies expire. Louisiana Insurance...
New Auto Insurer Sensa’s Device Analyzes Accident, Triggers Emergency Services
Feb 8 2022 // A new auto insurer is turning the tables on car manufacturers that offer insurance with their roadside and emergency services by including these accident services with its auto insurance policy. Austin, Texas-based Sensa...
NASA: Earth’s Temperature in 2021 Was 1.5 Degrees F Above Baseline
Feb 3 2022 // Earth’s global average surface temperatures in 2021 were 1.5 degrees Fahrenheit (0.85 degrees Celsius) above the average for NASA’s baseline period, a new report shows. The average tied with 2018 as the sixth...
Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection
Feb 2 2022 // Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs pet owners of the urgency of seeking care for their ailing dog or cat,...
