Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
California’s State Fund Declares $50 Million in Dividends for Policyholders
Dec 5 2011 // California’s State Compensation Insurance Fund recently announced plans to disburse a $50 million dividend to qualifying policyholders in the form of a premium credit amounting to roughly 5.2 percent of estimated...
State Farm Hikes Homeowner Policy Rates, Deductibles in Texas
Dec 2 2011 // A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher...
Insurer Must Pay for Florida Rental Car Crash by Unauthorized Driver
Nov 28 2011 // A Florida rental car customer’s auto insurer must cover crash injuries, even though the driver was someone not authorized under the rental car company’s contact. In a 5-2 opinion on Nov. 23, the Florida Supreme...
Kentucky Contractors Self-Insurance Fund Pays out Millions in Dividends
Nov 21 2011 // General contractors in Kentucky who purchase their workers’ compensation insurance through an industry-run risk pool are slated to see millions in policyholder dividends. The Kentucky Associated General Contractors...
California’s State Fund Declares $50 Million in Dividends for Policyholders
Nov 18 2011 // California’s State Compensation Insurance Fund on Friday announced plans to disburse a $50 million dividend to qualifying policyholders in the form of a premium credit amounting to roughly 5.2 percent of estimated...
What Options Do HomeWise Customers Have in Homeowners Choice Deal?
Nov 14 2011 // Florida policyholders of HomeWise Insurance should not see dramatic changes in their renewal premium if their policies are taken over by Homeowners Choice, according to the company official. The policyholders have the...
Insurers, Policyholders Clash Over Business Interruption Claims
Nov 7 2011 // Over the years, insurance companies and policyholders have been arguing in courts over how to calculate business interruption losses during catastrophes. This is the type of coverage that is often ignored until there is a...
Insurers, Policyholders Clash Over Business Interruption Claims
Nov 7 2011 // Over the years, insurers and policyholders have been arguing in courts over how to calculate business interruption losses during catastrophes. This is the type of coverage that is often ignored until there is a loss. But...
Agents Can Advise Clients on Halloween Coverage, Accident Prevention
Oct 31 2011 // The Halloween night is filled with frightful risks. Fortunately. insurance agents can play a helpful role by advising their clients about coverage and accident prevention. • The Insurance Information Institute says...
Treasury Seeks Comments on Improving Insurance Regulation
Oct 18 2011 // The U.S. Treasury Department’s Federal Insurance Office is seeking public comment for its report on how to improve the country’s insurance regulatory system. The study is mandated by the Dodd-Frank Wall Street...
Allstate, Encompass Fined for Violating Delaware Auto Law
Oct 17 2011 // Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of $50,000 for violations of Delaware insurance law. The Allstate consent order...
State Farm: Its Conn. Deductible Decision Grounded in Fairness
Oct 14 2011 // State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of...
Does Florida’s Public Adjuster Law Limit Free Speech?
Oct 3 2011 // Public adjusters would have more access to homeowners in the immediate aftermath of a storm if the Florida Supreme Court rules Florida’s current public adjuster law unconstitutional. The high court recently heard...
How Can Insurance Agents Help Texas Fire Victims?
Oct 3 2011 // Many businesses and homeowners are struggling to determine the extent of their damages from what is shaping up to be the worst year in Texas history for fire losses. In handling the crisis, policyholders must quickly...
Allstate, Encompass Fined for Violating Delaware Insurance Law
Sep 30 2011 // Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of $50,000 for violations of Delaware insurance law. The fines are contained in two...
Penn. State Workers’ Insurance Fund Provides Relief to Policyholders
Sep 29 2011 // The Pennsylvania Department of Labor & Industry announced relief measures for State Workers’ Insurance Fund (SWIF) policyholders affected by flooding caused by Tropical Storm Lee. “Helping employers rebuild...
Florida Supreme Court Weighs If Public Adjuster Law Limits Free Speech
Sep 22 2011 // Public adjusters would have more access to homeowners in the immediate aftermath of a storm if the Florida Supreme Court rules Florida’s current public adjuster law unconstitutional. The Florida Supreme Court...
Customer Satisfaction with Home Insurers Improves, Says J.D. Powers
Sep 19 2011 // Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011 —...
New Mexico Drought Matter of Perspective, Risk
Sep 16 2011 // Perhaps it’s a matter of perspective. If you’re a cattle rancher in New Mexico without enough grass to feed your stock, it’s a drought. If you’re a satellite orbiting a couple of hundred miles away...
How Can Insurance Agents Help the Texas Fire Victims?
Sep 13 2011 // As fires tear through Texas, businesses and homeowners struggle to determine their losses. According to the Insurance Council of Texas, this year’s fire losses are Texas’ worst on record. The Texas Forest...
