Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
PIIAWV Conference: Agents Learn In’s and Out’s of Policy ‘Glitches,’ Coverage ‘Fixes’
Oct 11 2005 // “Glitches” in policies agents select for insureds and possible coverage “fixes” to close these gaps or lapses in coverage were discussed by Fred Macy, president of Gray Wolf Insurance Seminars...
Pan-American Life Strengthens Senior Management Team
Oct 11 2005 // New Orleans-based Pan-American Life Insurance Company announced the appointment of three new executives to its senior management team. Dominick Cortellessa joins the company as senior vice president and chief information...
Class Action Suit Filed Against AIG Over Katrina Claims
Oct 10 2005 // Americans for Insurance Reform (AIR), a New York City-based national coalition of public interest organizations, announced that a New Orleans resident has filed a class action suit against American International Group...
Calif. Commissioner Reports Distribution of $386M to Policyholders Involving Bankrupt Insurers
Oct 5 2005 // California Insurance Commissioner John Garamendi announced Wednesday that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
Miss. Attorney General Hood Accuses Carriers of Cheating
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
TMLT TO REDUCE RATES 5%
Oct 3 2005 // Texas Medical Liability Trust announced that effective Jan. 1, 2006, it will reduce medical liability rates for new policyholders by 5 percent across the board. Current TMLT policyholders will receive this rate decrease...
California May Lower Quake Insurance Rates in Wake of Katrina
Oct 3 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
Citizens COO Quits; Investigations Ongoing After Kickback Accusations
Oct 3 2005 // Citizens Property Insurance Corp. Chief Operating Officer R. Paul Hulsebusch is facing accusations by Universal Risk Insur-ance Services in Houston, Texas, that after last year’s hurricanes he sought kickbacks from...
Miss. Attorney General Hood
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
News Briefs
Oct 3 2005 // ARKANSAS The Workers’ Compensation Research Institute reported that Ar-kansas’ workers’ compensation system has experienced a period of stability after extensive reforms were passed in 1993, but...
Calif. May Lower Quake Insurance Rates in Wake of Katrina
Oct 3 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
Marsh: Excellent Response Received from Clients Participating in Comp Fund
Sep 27 2005 // Marsh & McLennan Companies Inc. (MMC) said Tuesday that it has received an excellent response from policyholders eligible to participate in the compensation fund MMC established as part of its settlement with the New...
State Farm Relaxes Rules on Checks for Living Expenses Post Katrina
Sep 26 2005 // State Farm Insurance policyholders in Louisiana who received $2,500 checks to help with living expenses following Hurricane Katrina will not be required to document how they spent the money, according to the Associated...
Calif. May Lower Quake Insurance Rates in Wake of Katrina
Sep 25 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
Physicians Mutual Waives Cancellation Policy, Extends Grace Periods for Katrina Victims
Sep 21 2005 // Omaha, Neb.-based Physicians Mutual announced it will not cancel any coverage for non-payment of premiums and will extend grace periods for those policyholders impacted by the devastating effects of Hurricane Katrina....
TMLT to Reduce Rates 5%
Sep 20 2005 // Texas Medical Liability Trust announced that effective Jan. 1, 2006, it will reduce medical liability rates for new policyholders by 5 percent across the board. Current TMLT policyholders will receive this rate decrease...
New Orleans-Based GEB Insurance Agency Weathers Katrina
Sep 19 2005 // Firm’s Mobile Emergency Unit Takes Claims in Baton Rouge Before Hurricane Katrina, Gillis, Ellis and Baker Insurance, a New Orleans-based independent insurance brokerage that writes casualty insurance, liability...
News Briefs
Sep 19 2005 // UTAH UTAH SUPREME COURT RULES WCF ASSETS NOT OWNED BY STATE: The Utah Supreme Court has declared that Workers Com-pensation Fund’s assets are owned by policyholders, not the state. The ruling in favor of WCF settles...
New Orleans-Based GEB Insurance Agency Weathers Katrina
Sep 19 2005 // Before Hurricane Katrina, Gillis, Ellis and Baker Insurance, a New Orleans-based independent insurance brokerage that writes casualty insurance, liability benefits, health, employment, risk management and seismic vessel...
AIA Criticizes Mississippi Attorney General Hood’s Lawsuit As ‘Groundless’
Sep 16 2005 // Mississippi Attorney General Jim Hood’s complaint, filed in state court to force insurers to pay for flood losses not covered by property insurance contracts is “groundless” and an attempt to...
