Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
PIANY Notes Effect of Law to Protect Policyholders, Agents
Feb 6 2004 // The Professional Insurance Agents of New York State Inc. noted that as of Feb. 12 a new law comes into effect in New York that will give greater protection to the state’s insurance-buying consumers, who can be...
N.J. Moves to Protect Policyholders; Files to Liquidate Insurer
Jan 26 2004 // New Jersey’s Department of Banking and Insurance filed papers in Superior Court last Thursday to protect policyholders and consumers by seeking a liquidation order that would shut down a reportedly financially...
One-on-One with Arizona State Fund President Don Smith
Jan 26 2004 // In recent months, we’ve heard nothing but praise for Arizona’s workers’ compensation system, especially when compared to the trouble California system. Wondering what all the hoopla was all about, I...
To Fee, or Not to Fee
Jan 12 2004 // While service fees have been around for a long time, difficult market conditions and increased agency costs have made the use of service fees by agencies more popular in the past few years. In recognition that the Illinois...
Pinnacol Assurance To Reach Division of Insurance Surplus Goal
Dec 18 2003 // Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, announced today the company is about to reach its long-term surplus goal — several years ahead of schedule. Pinnacol...
The Southern California Firestorms of 2003
Dec 15 2003 // The wildfires that raged through San Bernardino and San Diego Counties in October have now been declared the worst fire disaster in the history of the insurance industry. More than 8,000 firefighters battled roaring flames...
ALLSTATE TO REFUND $3.44M:
Dec 15 2003 // According to the Texas Attorney General’s Office, Allstate and its affiliated insurance companies agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders who...
N.J. DOBI Issues Notice on Legion to Surplus Lines Producers
Dec 4 2003 // Holly C. Bakke, the head of New Jersey’s Department of Banking and Insurance, has issued a bulletin to the state’s licensed surplus lines producers requesting that they advise policyholders about the Legion...
Allstate to Refund $3.44 Million to Texas Auto Policyholders
Dec 4 2003 // The Texas Attorney General’s Office announced that Allstate and its affiliated insurance companies have agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders...
Utah Workers’ Comp Fund Sues State
Dec 1 2003 // The Utah Workers Compensation Fund has filed a lawsuit against the State of Utah over the ownership of the assets of WCF, in efforts to put to rest the dispute over ownership which stems back to the Fund’s inception...
Auto Club Cuts Rates for Total Loss Victims Of Wildfires
Nov 24 2003 // The Auto Club’s affiliated Interinsurance Exchange has gained state insurance department interim approval for its emergency request to reduce insurance rates for its policyholders whose houses were destroyed by the...
Safeco Estimates Calif. Wildfire Losses
Nov 18 2003 // Safeco announced that claims stemming from the recent California wildfires are estimated at $16.0 million in pretax catastrophe losses. This figure represents the estimated losses both from claims received through Nov. 14...
John Hancock Again Under David Schiff’s Microscope
Nov 17 2003 // Last July, David Schiff, editor, writer and guiding light of Schiff’s Insurance Observer, wrote that John Hancock Financial Services’ CEO David D’Alessandro “should be fired” for taking...
John Hancock Again Under David Schiff’s Microscope
Nov 17 2003 // Last July, David Schiff, editor and writer of Schiff’s Insurance Observer, wrote that John Hancock Financial Services’ CEO David D’Alessandro “should be fired” for taking approximately $21.7...
Texas’ Underwriters MGA Wages Fight Against GE Re
Nov 3 2003 // Texas-based Underwriters MGA (UMGA), a Texas- based corporation with offices in Hidalgo County, announced it has filed a court petition to reclaim millions of dollars in revenues the company said it lost as a result of...
Travelers Unveils Exclusive ‘My Personal Info’ Software Program for Policyholders
Oct 31 2003 // Travelers Property Casualty Corp. announced it will offer its agents a new custom software program called My Personal Info. The new system guides policyholders through the process of collecting, organizing, recording and...
Workers Compensation Fund Sues State of Utah
Oct 23 2003 // The Utah Workers Compensation Fund (WCF) announced that it has filed a lawsuit against the State of Utah over the ownership of the assets of WCF. This dispute has been long standing. WCF believes that the assets of the...
ICT Reminds Agents, Policyholders of FAIR Plan Limitations
Oct 23 2003 // The Texas FAIR (Fair Access to Insurance Requirements) Plan is on its way to insuring more than 100,000 homeowners before the end of the year, according to the Insurance Council of Texas (ICT), and on the Plan’s...
NYSID Reviews N.H. Terrorist Coverage
Oct 13 2003 // New York’s Superintendent of Insurance Gregory Serio announced that a review of terrorism coverages offered by New Hampshire Insurance Company to brownstone property owners has resulted in an agreement with the...
EICN Completes Payment of $14.4M in Dividends to Nev. Policyholders
Oct 2 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has paid out $14.4 million in dividends since commencing operations as a mutual insurance company on Jan. 1, 2000. “As a mutual...
