Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
PIA of La. Assisting Katrina Victims with Communications, Other Needs
Sep 9 2005 // The Professional Insurance Agents (PIA) of Louisiana announced it is assisting agents, carriers and policyholders in Louisiana in the aftermath of Hurricane Katrina. One of the biggest challenges right now is...
State Farm Processing Over 200,000 Katrina Claims
Sep 8 2005 // State Farm, the largest insurer of homes and cars in the Gulf States, is servicing more than 223,000 property claims in Alabama, Louisiana, Mississippi and Florida in the wake of Hurricane Katrina. The number is expected...
N.Y. Court Awards No-Fault Damages Despite Late Notice to Insurer
Sep 7 2005 // A New York trial judge has dealt a blow to New York State’s timely insurance no-fault auto insurance notice requirement, under which insurers can deny coverage if a claim is not filed within a set period. Following a...
Chubb Establishes $1 Million Relief Fund for Hurricane Katrina Disaster
Sep 6 2005 // The Chubb Corporation has established a $1 million fund for disaster-relief efforts related to Hurricane Katrina, with $500,000 going directly to disaster-relief organizations and an additional $500,000 to be used to match...
Missouri Jury Tells State Farm to Pay
Sep 5 2005 // A Kansas City jury recently had some bad news for one of the nation’s top insurers in deliberations that reportedly took less than six hours. The message to State Farm–pay up. Five former State Farm Insurance...
Missouri Jury Tells State Farm to Pay
Sep 5 2005 // A Kansas City jury recently had some bad news for one of the nation’s top insurers in deliberations that reportedly took less than six hours. The message to State Farm-pay up. Five former State Farm Insurance agents...
Fla. Policyholders Face 6.8% Fee
Sep 5 2005 // A one-time 6.8 percent charge for all homeowner policyholders in Florida has been approved by the board of directors of the Citizens Property Insurance Corp., Florida’s insurer of last resort. The assessment is so...
Missouri Jury Tells State Farm to Pay Up
Sep 5 2005 // A Kansas City jury recently had some bad news for one of the nation’s top insurers in deliberations that reportedly took less than six hours. The message to State Farm-pay up. Five former State Farm Ins-urance agents...
Missouri Jury Tells State Farm to Pay Up
Sep 5 2005 // A Kansas City jury recently had some bad news for one of the nation’s top insurers in deliberations that reportedly took less than six hours. The message to State Farm-pay up. Five former State Farm Ins-urance agents...
Utah Supreme Court Rules State has No Holding in Workers Comp Fund
Sep 5 2005 // The Utah Supreme Court has agreed with a lower court that the state has no ownership in the Workers Compensation Fund other than as one of the 33,000 policyholders. The court on Tuesday upheld 3rd District Judge Timothy...
Utah Supreme Court Rules State has No Holding in Workers Comp Fund
Sep 5 2005 // The Utah Supreme Court has agreed with a lower court that the state has no ownership in the Workers Compensation Fund other than as one of the 33,000 policyholders. The court on Tuesday upheld Third District Judge Timothy...
Fireman’s Fund Declares Moratorium On Policy Cancellations for Hurricane Katrina Victims
Sep 2 2005 // Fireman’s Fund Insurance Co. based in Novato, Calif., has declared a temporary moratorium on canceling or non-renewing personal and commercial insurance policies in areas severely affected by Hurricane...
Homeowners Insurance ‘Additional Living Expenses’ Coverage Can Help People Displaced By Hurricane Katrina
Sep 1 2005 // Many residents forced from their homes by Hurricane Katrina have insurance coverage under their homeowners insurance policies to pay for food and housing and other essentials of daily life, termed additional living expense...
The Midland Co. Assessing Hurricane Katrina Losses
Sep 1 2005 // Ohio-based The Midland Company is currently assessing the anticipated losses from Hurricane Katrina, which made landfall along the borders of Louisiana and Mississippi earlier this week. “Access to some of the most...
Policyholders Line Up to File Claims at Miss. Agency; Fla. Associations Offer Aid, Assistance to Kartina’s Victims
Aug 31 2005 // Insurance adjusters are scrambling around South Florida, where before crossing into the Gulf of Mexico and becoming a catastrophic hurricane, Katrina slapped Dade and Broward counties with damages experts estimate from...
Aflac Announces 90-Day Grace Period For Policyholders in Disaster Areas
Aug 31 2005 // Columbus, Ga.-based Aflac Insurance has announced it will allow a 90-day grace period for premiums due from its policyholders in counties and parishes proclaimed disaster areas by the Federal Emergency Management Agency...
California’s State Fund to Disclose Broker Commissions to Policyholders
Aug 28 2005 // California’s State Compensation Insurance Fund announced that it will disclose broker commissions to policyholders beginning Oct. 1, 2005. Insurance quotes and terms letters will display the commission rate paid to...
Utah Supreme Court Rules on Status of WCF Ownership
Aug 25 2005 // The Utah Supreme Court has declared that Workers Compensation Fund’s assets are owned by policyholders, not the State of Utah. The ruling in favor of WCF settles long-standing challenges by the State of Utah and...
Latin Agents Tackle Wind Damage Issues; Explain Confusing Condo Statutes
Aug 22 2005 // Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agents, went into high-gear during the...
S&P Comments on Korean Insurance Industry Transparency Plan
Aug 18 2005 // Standard & Poor’s Ratings Services has given a definite maybe to a newly unveiled reform plan for Korea’s insurers. The rating agency called the plan “a good start towards enhancing the...
