Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
After Hurricane Wilma: Claims Piling Up As Cleanup Begins in Naples; In Some Areas Power Could Be Out for Weeks
Oct 28 2005 // Southwest and South Florida are recovering, very slowly, from the after-effects of Hurricane Wilma, which crossed over Naples on Monday and then speedily traveled due east to Miami and South Florida. Margaret M. Weems,...
Chubb to Offer National Equipment Register Services to Policyholders
Oct 27 2005 // The Chubb Group of Insurance Companies has collaborated with National Equipment Register (NER) to help deter heavy contractors equipment theft and increase the chances of recovering stolen equipment by offering its...
La.’s ‘Last Resort’ Insurer Target of Numerous Complaints
Oct 24 2005 // Hailed as a means of saving Louisiana’s foundering insurance industry when it was formed two years ago, a state-created insurance company is being slammed by policyholders and an advocacy group for its alleged...
N.C. Mutual Life Insurance Co. NCDOI Ink Multi-State Settlement
Oct 24 2005 // A settlement has been reached between the North Carolina Department of Insurance and the North Carolina Mutual Life Insurance Company, the nation’s largest minority owned insurer, based in Durham. Insurance...
Hartford to Issue Refunds in Delaware Over Error in Credit Scoring
Oct 24 2005 // In July, James Fry of Dagsboro, e-mailed Delaware Insurance Commissioner Matt Denn about an increase in his homeowner insurance premium that he knew couldn’t be right. Fry asked for an explanation of a proposed...
Citizens Activates Claims Hotline, Deploying Mobile Response Teams
Oct 24 2005 // With thousands of Floridians impacted by Hurricane Wilma, Citizens Property Insurance Corporation has activated its toll-free claims reporting hotline for policyholders to report property damage, according to Bob Ricker,...
St. Paul Travelers Readies Catastrophe Response Team in Florida for Wilma
Oct 21 2005 // St. Paul Travelers and its member company First Floridian have mobilized their Catastrophe Response Team to assist policyholders that may be affected by Hurricane Wilma. The company has deployed team members to Tampa and...
Integrity Insurance Adds Identity Theft Education Program
Oct 18 2005 // Integrity Insurance of Appleton, Wis., is introducing a victim resolution and education program to aid its policyholders. The program, Integrity Identity Theft Services, is being offered in partnership with Identity Theft...
Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh
Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...
POLICYHOLDERS OF INSOLVENT INSURERS RECEIVE $386 MILLION
Oct 17 2005 // California Insurance Commissioner John Garamendi has announced that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh
Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...
Editor’s Note: Katrina Brought Out the Good, Bad
Oct 17 2005 // National and state insurance associations are to be congratulated for contributing funds, supplies and manpower to thwart the after-effects of Hurricane Katrina; while Mississippi politicians, including Attorney General...
News Briefs
Oct 17 2005 // California Judge throws out $700 million jury award in Executive Life Suit A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming...
Citizens Completes Analysis: Board to Consider Increases in Three South Florida Counties
Oct 14 2005 // An analysis rate structure analysis of Citizens Property Insurance Corp. was just completed after an order by the Office of Insurance Regulation, indicates that Palm Beach, Broward and Dade county policyholders could soon...
Miss. Commissioner Suggests Mediation, Town Hall Meetings; If Those Fail He Says, ‘File Suit’
Oct 12 2005 // Several solutions to hasten the Hurricane Katrina claims process have been suggested by Mississippi Insurance Commissioner George Dale, such as a mediation program to settle contested insurance or a town hall meeting to...
Agreement Reached: Nationwide to Audit Last Year’s Florida Hurricane Claims, Correct Underpayments
Oct 12 2005 // Nationwide Insurance has reached an agreement with the Florida Office of Insurance Regulation to audit its claims from the 2004 hurricane season and correct any underpayments. OIR announced that under the agreement...
PIIAWV Conference: Agents Learn In’s and Out’s of Policy ‘Glitches,’ Coverage ‘Fixes’
Oct 11 2005 // “Glitches” in policies agents select for insureds and possible coverage “fixes” to close these gaps or lapses in coverage were discussed by Fred Macy, president of Gray Wolf Insurance Seminars...
Pan-American Life Strengthens Senior Management Team
Oct 11 2005 // New Orleans-based Pan-American Life Insurance Company announced the appointment of three new executives to its senior management team. Dominick Cortellessa joins the company as senior vice president and chief information...
Class Action Suit Filed Against AIG Over Katrina Claims
Oct 10 2005 // Americans for Insurance Reform (AIR), a New York City-based national coalition of public interest organizations, announced that a New Orleans resident has filed a class action suit against American International Group...
Calif. Commissioner Reports Distribution of $386M to Policyholders Involving Bankrupt Insurers
Oct 5 2005 // California Insurance Commissioner John Garamendi announced Wednesday that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
