Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Citizens Board Clarifies Policy Language for Florida Water Losses
Dec 21 2015 // Citizens Property Insurance Corporation’s Board of Governors approved a slate of policy changes Dec. 8 to bolster oversight of water loss claims while continuing to protect policyholders who need immediate emergency...
Canada’s Economical Insurance Policyholders Approve Demutualization Plan
Dec 15 2015 // Economical Insurance’s mutual policyholders voted on Monday to allow the Canadian property and casualty insurance firm to demutualize. Demutualization is a regulated process in which a mutual insurance company...
Connecticut Regulator Warns of Phone Scams Targeting Policyholders
Dec 13 2015 // Connecticut Insurance Commissioner Katharine L. Wade is advising consumers to be wary of a scam in which a caller poses as a representative of an insurance company and informs people that their policy is being canceled for...
Citizens Approves Policy Language Changes to Tackle Water Loss Issue
Dec 9 2015 // Citizens Property Insurance Corporation’s Board of Governors on Wednesday approved a slate of policy changes to bolster oversight of water loss claims while continuing to protect policyholders who need immediate...
Beazley Launches Breach Response Services for Non-U.S. Policyholders
Dec 9 2015 // Beazley has introduced a suite of breach preparedness services tailored to the needs of policyholders outside the U.S. The insurer has partnered with privacy specialist lawyers DAC Beachcroft; IT security specialists CGI...
UK Insurers Ready to Aid Recovery from Storm Desmond ABI Assures Policyholders
Dec 7 2015 // The Association of British Insurers (ABI) has issued a bulletin reassuring homeowners and businesses hit by Storm Desmond that insurers “are doing everything possible to help them recover.” The ABI listed some...
Texas Mutual Distributes $3M in Early Qualifier Dividends
Dec 1 2015 // Texas Mutual Insurance Co. has paid more than $3 million in early qualifier dividends to approximately 4,000 newer workers’ compensation insurance policyholder owners across the state. This payout is the final...
Louisiana Citizens Property Insurance Shedding More Policies
Nov 30 2015 // Insurance Commissioner Jim Donelon reported that three insurance companies new to Louisiana are participating in the latest round of depopulation of Citizens Property Insurance Corp. Citizens is the state’s property...
GEICO 1st Auto Insurer in N.Y. to Offer Digital ID Cards for Policyholders
Nov 18 2015 // New York Gov. Andrew M. Cuomo announced that GEICO has become the first insurer in New York State to complete the certification process through the Department of Motor Vehicles to allow customers to begin using electronic...
The Price of Price Optimization in Insurance
Nov 17 2015 // The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle. Or it could not be. Consumer groups and a growing contingent of states are labeling the practice...
CAMICO Broadens Protection for Continuously Renewing CPA Policyholders
Nov 4 2015 // CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has broadened protection for potential professional liability insurance claims known to policyholders who...
Shortchanged Sandy Victims Get More Flood Insurance Cash After Claims Review
Oct 29 2015 // Many people who complained a federal insurance program shortchanged them after Superstorm Sandy swamped their homes are getting some validation three years later in the form of cash. A Federal Emergency Management Agency...
Delaware Bans Price Optimization in Insurance Pricing
Oct 19 2015 // Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no...
Citizens’ CEO Updates Board on Water Loss Issue, Depopulation Program
Oct 19 2015 // Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Sept. 30 that water loss claims will continue to hamper efforts to reduce rates for many Florida...
Delaware Bans Use of Price Optimization in Insurance Pricing
Oct 6 2015 // Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no...
Rhode Island Addresses Price Optimization
Oct 5 2015 // Rhode Island’s Insurance Division issued a bulletin on Sept. 18 for personal lines property/casualty insurers in the state that effectively prohibits the use of non-risk related features of price optimization. Rhode...
FEMA, HUD Grant Relief to Sandy Victims
Oct 5 2015 // The Federal Emergency Management Agency (FEMA) on Sept. 15 announced an official 30-day deadline extension for National Flood Insurance Program (NFIP) policyholders who are considering requesting Superstorm Sandy-related...
Citizens’ CEO Updates Board on ‘Critical’ Water Loss Issue, Depopulation Program
Oct 1 2015 // Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Wednesday that water loss claims will continue to hamper efforts to reduce rates for many Florida...
NAS Introduces CyberNET Support for Cyber Liability Policyholders
Sep 29 2015 // NAS Insurance has launched “NAS CyberNET Support,” a customer support product which includes 24/7 phone support and a range of cyber risk management resources. NAS CyberNET Support is a full suite of...
Rhode Island Directs Insurers Using Price Optimization to Submit Revised Filings
Sep 23 2015 // Rhode Island’s Insurance Division issued a bulletin on Sept. 18 advising that any personal lines property/casualty insurer that uses price optimization to rate policies in Rhode Island should submit revised filings...
