Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Washington Rule Requires Insurers to Tell Policyholders Why Their Premium is Going up
Jun 22 2023 // Washington Insurance Commissioner Mike Kreidler adopted a rule requiring insurers to explain premium increases to their policyholders “in language they can understand.” “If your insurance company is going...
Texas Mutual board approves $340 million policyholder dividend distribution
May 9 2023 // May 9, 2023, AUSTIN, Texas — 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 $340...
Louisiana UPC Policyholders Have 2 Weeks to Secure Private Home Insurance
Apr 13 2023 // The Louisiana Department of Insurance sent out a reminder this week that United Property & Casualty Insurance Company’s (UPC) former policyholders and their insurance agents have until April 28 to secure...
Louisiana UPC Policyholders Have 30 Additional Days to Secure Citizens Policy
Mar 13 2023 // Louisiana Insurance Commissioner Jim Donelon announced on March 13 that Louisiana Citizens will provide an additional 30 days after United Property & Casualty Insurance Company (UPC) policies cancel on March 29 for...
Tennessee Department Obtains $11.5M for Policyholders in Insurance Claims Disputes
Feb 1 2023 // The Tenneesse Department of Commerce and Insurance secured a record $11.5 million for policyholders in 2022, after mediating complaints about insurers. The department’s insurance services team mediated 3,249...
Kansas Insurance Dept. Recovers $7.6M for Policyholders
Jan 19 2023 // The Kansas Insurance Department announced it has recovered more than $7.6 million for Kansans in 2022, the largest single-year recovery in department history. Funds considered “recovered” are calculated when...
Bank of England Worried New Insurance Capital Rules Could Risk Policyholder Bailout
Jan 17 2023 // Britain’s proposed changes to capital rules for insurers could lead to the government having to bail out policyholders, as happened 20 years ago after the near-collapse of life assurance company Equitable Life, the...
South Carolina DOI Sees $10 Million to Policyholders After Complaints about Insurers
Jan 10 2023 // The South Carolina Department of Insurance in 2022 returned $10.3 million to policyholders who filed complaints about insurance companies, the department said in a bulletin Tuesday. The department resolved some 4,500...
State Fund Offering Extended Credit to Policyholders Affected by California Quake
Dec 22 2022 // State Compensation Insurance Fund says it will offer a 30-day credit extension to policyholders in Humboldt County, California, which was declared a state of emergency by Gov. Gavin Newsom after a large earthquake on...
Update: United to Pay on Claim After Policyholders Cried No Response on Damage
Dec 22 2022 // The Florida Legislature’s insurance rescue bill, approved last week, won’t take effect soon enough to help policyholders and insurance agents who’ve had no response from beleaguered United Property &...
Louisiana Court to Hear Appeal of Rare Policyholder Victory in COVID Claim
Dec 5 2022 // The Louisiana Supreme Court has agreed to review an appellate court decision that found the COVID virus caused a direct physical loss that was covered by insurance. The Louisiana high court announced that it will take up...
La. Supreme Court to Hear Appeal of Rare Policyholder Victory in COVID Claim
Nov 30 2022 // The Louisiana Supreme Court has agreed to review an appellate court decision that found the COVID virus caused a direct physical loss that was covered by insurance. The Louisiana high court announced Tuesday that it will...
Louisiana Court to Hear Appeal of Rare Policyholder Victory in COVID Claim
Nov 23 2022 // The Louisiana Supreme Court has agreed to review an appellate court decision that found the COVID virus caused a direct physical loss that was covered by insurance. The Louisiana high court announced Tuesday that it will...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address a Boatload of Problems
Nov 7 2022 // Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected to be as high as $16 billion – almost half as much as insured wind damages,...
Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power
Oct 27 2022 // Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in auto lines. J.D. Power’s newest study on claims satisfaction reveals the frustration has trickled...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems
Oct 19 2022 // Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected to be as high as $16 billion – almost half as much as insured wind damages,...
NFIP Now Providing Advance Payments for Flooded Policyholders Who Apply
Oct 5 2022 // The National Flood Insurance Program has approved a waiver that will allow some policyholders flooded by Hurricane Ian to receive advance payments of as much as $20,000 – with few strings attached. “The payments...
Emergency Rule Eases Weston Policyholders’ Access to Wind, Hail Coverage
Sep 19 2022 // The Texas Department of Insurance (TDI) announced an emergency rule removing barriers for Weston Property & Casualty Insurance Company policyholders to receive wind and hail coverage through the Texas Windstorm...
Travelers, Policyholder Agree to Void Current Cyber Policy
Aug 30 2022 // Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber insurance policy that the insurer claimed was void due to the insured’s...
TDI Orders Emergency Rule Protecting Weston Policyholders During Hurricane Season
Aug 26 2022 // The Texas Department of Insurance (TDI) announced an emergency rule this week removing barriers for Weston Property & Casualty Insurance Company policyholders to receive wind and hail coverage through the Texas...
