Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Hurricane Season Begins: Southeast Associations Prepared
Jun 1 2005 // As homeowners jam Florida stores to take advantage of the state’s tax-free sales tax holiday and other stores announce “matching” programs to provide additional discounts, professional insurance...
SCF Returns $60M to Ariz. Businesses
May 27 2005 // For a 35th consecutive year, SCF of Arizona’s Board of Directors approved a dividend to policyholders. The Board voted unanimously May 24 to a recommended $60 million. Since 1969, SCF has returned more than $1...
Texas Mutual to Pay $50M in Dividends
May 26 2005 // Approximately 32,000 Texas employers will receive a share of around $50 million in dividends from Texas Mutual Insurance Company. The company announced that its Board of Directors unanimously approved the 2005 dividend...
AIA Opposes California Bill to Limit Home Inventories
May 26 2005 // A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will invite padding of claims and raise costs for all...
N.J. Drivers Geared Towards More Savings in 2005
May 25 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan recently announced that during the last two years 64 percent of auto insurance policyholders have received rate reductions or special dividends. Since the...
Citizens Making Improvements; Advises, Prepare Now for Hurricanes
May 24 2005 // With the start of hurricane season, June 1, just days away, Citizens Property Insurance Corporation is advising policyholders to make preparations now, before a possible storm. The state’s insurer of last resort is...
PIFC: California Commissioner’s Proposed Homeowner Regs Flawed
May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
PIFC: California Commissioner’s Proposed Homeowner Regs Flawed
May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
PIFC: California Commissioner’s Proposed Homeowner Regs Flawed
May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
Commissioner Holland Places Top Flight into Receivership in Okla.
May 13 2005 // Oklahoma Insurance Commissioner Kim Holland announced that she has filed an application with the Oklahoma County District Court to be appointed receiver for Top Flight Insurance Company, an auto insurance carrier. The...
Executive Life Action Network Notes Opportunity to Recover Losses
May 12 2005 // The Executive Life Action Network, (http://www.executivelife.org/ ), an activist group of former Executive Life Insurance Co. policyholders, said Thursday the recent jury verdict that found the holding company controlled...
Key Issues Remain Unsolved As Fla. Passes HB 1937
Apr 29 2005 // House Bill 1937 passed with a vote of 96-20 on Thursday, despite opposition about exemptions on paying policy limits. One of the key issues still under consideration is a legislative remedy for a 2004 Florida court...
ISO: Insurers to Pay Policyholders $2.1 Billion for Q1 Catastrophe Losses
Apr 29 2005 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.1 billion for insured property-loss claims from eight catastrophes in the first quarter, according to preliminary estimates by...
PIFC: Garamendi’s Proposed Homeowner Regs Flawed
Apr 29 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
Fla. House Debating HB 1937 on Tuesday; AIA Supports Legislative ‘Fix’
Apr 26 2005 // As the Florida Legislature moves into its final two weeks, one of the key issues still under consideration is a legislative remedy for a 2004 Florida court decision requiring insurers to pay policy limits for homes with...
NAMIC Opposes Calif. Commissioner’s Proposed ‘Use it and Lose it’ Regulations
Apr 21 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it opposes California Insurance Commissioner John Garamendi’s proposed “Use it and Lose it” regulations. Garamendi alleged that...
Fla. Legislature Mulls Over Insurance Proposals, Sessions End in Three Weeks
Apr 20 2005 // With three weeks remaining before the end of the 2005 sessions of the Florida Legislature, it appears that only a few insurance-related proposals have made it through the process of elimination. Remaining proposals...
ACIC President Responds to California Commissioner’s Homeowners Insurance Proposal
Apr 20 2005 // Calling insurers “dead wrong” for canceling or non-renewing homeowners who file a legitimate insurance claim, California Insurance Commissioner John Garamendi announced new regulations to protect homeowners...
Identity Crisis: Coping With Today’s ID Thievery
Apr 18 2005 // Insurance, Recovery Services and Preventive Measures One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity...
European Nations Offer Lessons in Insuring Catastrophes and Terrorism
Apr 18 2005 // GAO Study Explores Examples of How Public-Private Insurance Partnerships Operate A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government...
