Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
States May Help AIG; Also Assure Policyholders Claims Will be Paid
Sep 16 2008 // State insurance officials from Pennsylvania and New York, where troubled American International Group’s insurance subsidiaries have a an estimated $120 billion in assets, are offering to assist AIG in raising...
Florida Orders State Farm to Refund $120 Million for Mitigation Discounts
Sep 10 2008 // Florida Insurance Commissioner Kevin McCarty ordered State Farm Florida to issue credits or refunds totaling $120 million to current and former policyholders who did not apply for or who did not receive the windstorm loss...
State Farm, Allstate Agree on Mississippi Homeowners Rates
Sep 1 2008 // After months of separate discussion, State Farm and Allstate insurance companies reached an agreement with Mississippi Insurance Commissioner Mike Chaney on homeowners insurance rate filings. Allstate will see a statewide...
Mississippi Regulator Reaches Agreements with State Farm, Allstate
Aug 22 2008 // After months of separate discussion and negotiations, State Farm and Allstate insurance companies reached an agreement with Mississippi Insurance Commissioner Mike Chaney on details of homeowners insurance rate...
National Insurer Wants to Include Flood Coverage in Home Policies
Aug 21 2008 // One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid...
Flood & Peterson Distributes $2.7 Million in Workers’ Comp Insurance Dividends
Aug 20 2008 // Greeley, Colo.-based Flood & Peterson Insurance recently distributed $2.7 million in workers’ compensation dividend checks to 1,227 Colorado clients as a reward for maintaining safe workplaces. The $2.7 million...
Connecticut Insurance Dept Recovers $630K for Policyholders
Aug 13 2008 // The Connecticut Insurance Dept said it has recovered $630,000 on behalf of policyholders from complaints resolved in the second quarter of this year. Department staff received 1,372 new complaints and inquiries in the...
Mississippi Attorney General Settles with State Farm
Aug 6 2008 // Mississippi Attorney General Jim Hood announced the settlement of the state’s breach of contract suit against State Farm. Hood said the suit was filed after State Farm refused to comply with a January 2007 Hinds...
Erie Insurance Expands Auto Coverage for Pets in Virginia
Aug 5 2008 // For decades, Erie Insurance auto policies have paid for first aid to others’ animals at the time of an accident. Now, all Erie Insurance personal auto policies in Virginia include injury coverage for their own pets,...
Georgia Home Builders Association and Its Member Insurer Hammer Away at Each Other
Aug 4 2008 // A Georgia association of builders and the insurer that has offered workers’ compensation and general liability insurance exclusively to its members are at odds over the insurer’s attempt to end its exclusive...
Case Watch
Aug 4 2008 // Exclusions Yates Carpet Inc. v. The Travelers Lloyds Insurance Co. Texas Appeals 7th Circuit, June 19, 2008 Breach of contract exclusion precludes coverage for all claims bearing even an incidental relationship to alleged...
Funds Available for Midwest Flood Insurance Policyholders to Rebuild Higher
Jul 31 2008 // Flood insurance policyholders rebuilding in the wake of the June severe storms and flooding in he Midwest may be eligible for up to $30,000 to help cover the cost of bringing their property into compliance with local...
Californians Told to Expect Aftershocks Following Earthquake
Jul 30 2008 // Federal officials said they will continue to monitor and coordinate with California agencies regarding Tuesday’s 5.4 magnitude earthquake that struck just south of downtown Los Angeles. The Federal Emergency...
Mich. Group Debates State Advocate’s Charge That Auto Rates Too HIgh
Jul 17 2008 // A charge leveled on July 16 by Michigan’s insurance advocate that auto rates are too high fails to mention that the state’s auto insurance benefits are the best in the nation, one insurance trade group...
Georgia Builders Association Attempts Takeover of Builders Insurance
Jul 15 2008 // When Builders Insurance Group — a mutual captive insurer for Georgia homebuilders — shifted its exclusive affiliation with Home Builders Association of Georgia, the association implemented a takeover of the...
Watchdog Group Ranks Insurers on Consumer Friendliness and More
Jul 11 2008 // Washington, D.C.-based the American Association for Justice, formerly the Association of Trial Lawyers of America (ATLA), recently released its study ranking insurance companies based on consumer friendliness and more. The...
National Insurer Wants to Include Flood Coverage in Home Policies
Jul 7 2008 // One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid...
Alabama Beach Pool Offers Insurance Breaks for Fortified Building
Jul 2 2008 // The Alabama Insurance Underwriting Association (AIUA), commonly known as the Beach Pool, is implementing new discounts to help coastal Alabama policyholders reduce their insurance premiums for windstorm coverage. The Beach...
California Workers’ Comp Insurer Extends Credit to Wildfire Victims
Jul 2 2008 // California State Compensation Insurance Fund announced that it will extend credit to policyholders who have suffered a financial loss or business disruption caused by the hundreds of wildfires burning throughout...
Fireman’s Fund To Reduce California Homeowners’ Premiums 17.9%
Jul 2 2008 // California Insurance Commissioner Steve Poizner has approved a 17.9 percent reduction in insurance premiums for Fireman’s Fund California homeowners. This reduction will bring a total of $30 million in savings to...
