Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Tennessee Regulator Places Moratorium on Policy Cancellation of Tornado Victims
Mar 18 2020 // The Tennessee Department of Commerce & Insurance (TDCI) has issued a directive to all licensed Tennessee insurance carriers that cancellations/non-renewals for non-payment of insurance premiums on all lines are to be...
Florida Regulator Directs Insurers to Prepare for Coronavirus-Related Interruptions
Mar 18 2020 // The Florida Office of Insurance Regulation (OIR) is directing all insurers to review and update their business continuity and/or continuity of operations plans in light of the current outbreak of coronavirus strain...
Auto Insurer Windhaven National Ordered Into Liquidation by Texas Court
Mar 9 2020 // Texas-based private passenger auto insurer Windhaven National Insurance Co. (WNIC), a subsidiary of Windhaven Insurance, has been ordered into liquidation at the request of the Texas Department of Insurance, which was...
Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Windhaven Insurance Ceasing Operations, Assets to be Auctioned Off
Feb 27 2020 // Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and...
4 Things Insurance Firms Can Do to Improve Efficiency, Data Use
Feb 24 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the...
Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared
Feb 20 2020 // As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way. Based on what the...
Viewpoint: 4 Things Insurance Firms Can Do to Improve Efficiency, Data Use
Feb 20 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the...
HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds
Feb 18 2020 // The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary of HCI Group, to provide replacement policies for Anchor Property and Casualty...
20 Things to Know About Surplus Lines Insurance in 2020
Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...
How Parametric Insurance Can Help Fill the Gap Where Traditional Insurance Falls Short
Jan 27 2020 // Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout...
New Year’s Resolution: Helping Policyholders Get in Shape for the New Year
Jan 27 2020 // As individuals, one way that we resolve to get in shape for the new year is by signing up for gym memberships and fitness classes. In that spirit, agents and brokers should resolve to help their policyholders get their...
Policy Changes Now in Effect at Texas Windstorm Insurer
Jan 27 2020 // The new year brought some changes to residential and commercial policies provided by Texas’ insurer of last resort for wind and hail along the coast. New coverages, terms and conditions now apply to Texas Windstorm...
Industry Calls On Florida Lawmakers to Reform Lawsuit Abuse
Jan 27 2020 // Florida lawmakers are considering a number of insurance-focused issues over the course of the 60-day 2020 Legislative Session that started Jan. 14. At the top of the list for industry and consumer advocates are reforms to...
Florida Legislative Preview 2020: Industry Calls On Lawmakers to Reform Lawsuit Abuse
Jan 16 2020 // The Florida Legislature started its 2020 legislative session this week and lawmakers are set to consider a number of insurance-focused issues over the course of the 60-day period. At the top of the list for industry and...
More Than a Dozen Florida Insurers Facing Ratings Downgrades
Jan 9 2020 // The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that several carriers will receive downgrades due to deteriorating conditions in the...
New Policy Contracts Now in Effect at Texas Windstorm Insurer
Jan 8 2020 // Texas’ insurer of last resort for wind and hail along the coast says new terms and conditions for policies with an effective date on or after January 1, 2020, are now in place. The updated coverages, terms, and...
Saxe Doernberger & Vita Promotes Barrese to Partner in New Jersey
Jan 8 2020 // Saxe Doernberger & Vita, P.C. (SDV) has promoted Bethany L. Barrese to partner, effective January 1, 2020. Barrese’s practice focuses on complex policyholder coverage issues. She has experience handling coverage...
Rehabilitation of Florida Insurer Windhaven Deemed ‘Useless’; Judge Orders Liquidation
Jan 7 2020 // Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated. In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the...
Insurance Journal’s Top 10 West Region Stories of 2019
Jan 2 2020 // California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top...
