Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Risk retention group 2005 premium grows 11.5% to $2.4 billion
Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...
Texas agents urge legislators to address windstorm problems
Sep 25 2006 // The Texas Legislature’s Texas Joint Committee on Wind-storm Coverage and Budgetary Impact held a public hearing in Corpus Christi in late August, and two of the state’s agent associations–the Independent...
Creating more capacity on the Texas coastline
Sep 25 2006 // Writing property insurance in Texas can be a difficult proposition, especially in a time when the frequency and severity of catastrophic coastal storms is increasing. To address this problem, the Texas Joint Committee on...
News Currents
Sep 25 2006 // Texas agents urge legislators to address windstorm problems The Texas Legislature’s Texas Joint Committee on Wind-storm Coverage and Budgetary Impact held a public hearing in Corpus Christi in late August, and two of...
Risk retention group 2005 premium grows 11.5% to $2.4 billion
Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...
Fla.’s Citizens Insurance Seeks 2% Policyholder Surcharge
Sep 18 2006 // All Florida homeowners with insurance will likely pay a little over 2 percent extra on their premium when they renew to help bail out the state-backed insurance company for people who can’t get coverage from private...
N.D. Attorney General Says Blues Premium Refunds Legal
Sep 18 2006 // Blue Cross Blue Shield of North Dakota may pay premium refunds to some policyholders, Attorney General Wayne Stenehjem said, concluding state law does not prohibit the idea. Stenehjem’s legal opinion, issued last...
Some Fla. Residents May Save on Sinkhole Coverage
Sep 12 2006 // Residential property owners in Florida could potentially save up to from 4 to 14 percent on the sinkhole portion of their home insurance premium due to changes in coverage enacted earlier this year. However, since the...
Miss. Judge Rules Against Mass Action on Katrina Lawsuits
Sep 10 2006 // In a blow to hundreds of Mississippi homeowners whose insurance claims were denied after Hurricane Katrina, a federal judge has ruled that policyholders suing their insurers must file their lawsuits individually instead of...
Shutter Diplomacy: Conn. Regulator Plans Coastal Insurance Forum
Sep 7 2006 // Connecticut Insurance Commissioner Susan Cogswell plans a public forum on Sept. 21 to air concerns over availability of property insurance in the state’s coastal areas. The forum is being called following reports of...
State Farm Files for Double-Digit Homeowners Rate Decrease
Sep 6 2006 // California’s largest homeowners insurance company has requested at 10.6 percent reduction in homeowners’ insurance rates for its 1.2 million policyholders in California, according to the Department of...
News Currents
Sep 4 2006 // Chubb, State Farm reducing auto rates in California State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new...
Chubb, State Farm reducing auto rates in California
Sep 4 2006 // State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new auto rate regulations, according to the Department...
Sisters Were Whistleblowers in Katrina Claims Handling Case
Aug 29 2006 // Who are the moles? The question was like a parlor game for employees of State Farm Insurance Co. after Hurricane Katrina, one they nervously played during coffee breaks or in the parking lot after work. Richard...
Calif. State Fund Offers Credit Extension for Heat Waves
Aug 25 2006 // California’s State Compensation Insurance Fund is extending credit to policyholders who have suffered a financial loss or business disruption caused by the recent severe heat wave. “State Fund recognizes that...
Chubb Reduces California Auto Rates An Average of 34 Percent
Aug 23 2006 // The Chubb Group of Insurance Companies is lowering its automobile insurance rates in California by an average of 34 percent. Furthermore, the company said it is rolling out new coverage options including high limits of...
Trial Attorneys Claim Insurers Putting Profits Over People in Katrina’s Wake
Aug 22 2006 // One year after Hurricane Katrina swept across the Gulf Coast, the Academy of Florida Trial Lawyers (AFTL) and the Association of Trial Lawyers of America (ATLA) are launching a national petition drive calling on insurance...
State Farm Files for Rate Reduction
Aug 18 2006 // State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new auto rate regulations, according to the Department...
Insurer to Refund $1M to Ga. Policyholders
Aug 18 2006 // Georgia Insurance Commissioner John W. Oxendine announced he has ordered a Kansas insurance company to return $1,016,518 in overcharges to 159 Georgia customers. Oxendine said Universal Underwriters Insurance Company will...
Hawaii Seeks Order to Liquidate Hawaiian Insurance & Guaranty
Aug 16 2006 // Hawaii Insurance Commissioner J.P. Schmidt has filed an application for an Order of Liquidation of The Hawaiian Insurance & Guaranty Co. Ltd. The order seeks to authorize Commissioner Schmidt as liquidator to take...
