Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
State Farm Decision to Stay in New Jersey Auto Market Latest Sign of Improved Insurance Environment
Nov 10 2004 // A flurry of special dividends and a series of rate reduction announcements from auto insurers, coupled with increased competition and new regulations adopted by the New Jersey insurance department, are helping to reshape...
TDI: State Farm, Farmers Rates Should Be Lowered
Nov 9 2004 // The Texas Department of Insurance on Nov. 9 released the following statement concerning the recent court ruling on the State Farm and Farmers homeowners rate reduction orders: On November 8, 2004, a state district court...
Fla. Gov. Bush Reveals More Reimbursement Details
Oct 27 2004 // After Hurricane Frances ripped open the roof of Lisa and Glenn Perrone’s St. Lucie County home, an insurance adjuster told the Perrones they were on the hook for an $8,315 deductible. And after Hurricane Jeanne...
Evaluating Overcharges: Should Your Company Pursue Claims Against Brokers and Carriers’
Oct 20 2004 // Editor’s note: This is a commentary piece submitted by David E. Wood of the law firm Wood & Bender. The recent suit by New York Attorney General Eliot Spitzer alleging price-fixing and deceptive practices by...
Wind Insurance Hikes Slap Coastal Residents
Oct 15 2004 // Coastal homeowners are getting socked again, and it has nothing to do with Charley, Frances, Ivan or Jeanne. Homeowners who buy hurricane insurance on their homes through Citizens Property Insurance Corp., the...
TEXAS AG, INSURERS SETTLE:
Oct 11 2004 // Texas Attorney General Greg Abbott announced court-approved settlements with two major auto insurers that he says will result in refund more than $3.4 million to Texas policyholders who paid more out of pocket on claims...
Storm Losses Lead Florida Regulators to Take Over American Superior
Oct 11 2004 // State regulators have placed American Superior Insurance Co. into receivership because it was overwhelmed by homeowners claims. The small company, with offices in Plantation, Fla., has about 60,000 policyholders. The state...
Remember the Lessons of Hurricane Andrew
Oct 11 2004 // Due to efforts to rebuild the Florida property insurance market after Hurricane Andrew, most policyholders in the wake of 2004s more costly hurricane season should not face the same post-Andrew price increases or limited...
Fla. Policyholders Being Dropped After Hurricanes
Oct 8 2004 // After going through four hurricanes, some residents have reportedly been dropped by their insurance company. But before an insurance company can drop or change someone’s policy, there are legal steps they must take...
Hurricane-Related Claims Force American Superior Into Receivership
Oct 1 2004 // Florida state regulators have placed American Superior Insurance Co. into receivership (See Southeast News Sept. 29) after it became overwhelmed by homeowners claims. The small company with offices in Plantation, Fla., has...
Florida’s American Superior Consents to Rehabilitation
Sep 29 2004 // American Superior Insurance Company, an insurer that writes homeowners insurance coverage for nearly 60,000 Floridians, voluntarily consented on Wednesday to be put into rehabilitation in response to losses sustained by...
Florida Farm Bureau Uses Satellite Mapping to Speed Insurance Claims
Sep 29 2004 // With more than half of Florida’s 17 million residents directly affected by Hurricane Charley and Hurricane Frances, the Florida Farm Bureau (FFB) Insurance Companies is using geographic information system (GIS)...
Texas AG Reaches Refund Settlements with Progressive, Old American County Mutual
Sep 16 2004 // Texas Attorney General Greg Abbott announced court-approved settlements with two major auto insurers that he says will result in refund more than $3.4 million to Texas policyholders who paid more out of pocket on claims...
Delaware’s Race for Insurance Commissioner Pits Advocate Denn Vs. Conciliator Ennis
Sep 7 2004 // Delaware voters face a choice in this year’s election for state insurance commissioner between a Democratic counsel to the current governor who vows to “stand up for Delawareans” and a Republican veteran...
The Race For Delaware Insurance Commissioner: The Advocate Vs. The Conciliator
Sep 7 2004 // INSURANCE JOURNAL PUTS CANDIDATES DENN AND ENNIS ON THE RECORD, ON THE ISSUES September 7, 2004–Delaware voters face a choice in this year’s election for state insurance commissioner between a Democratic...
On the Record: The Race for Delaware’s Insurance Commissioner
Sep 6 2004 // Delaware voters face a choice in this year’s election for state insurance commissioner between a Democratic counsel to the current governor who vows to “stand up for Delawareans” and a Republican veteran...
New Laws Clarify Guaranty Fund Obligations
Sep 6 2004 // Policyholders in insurer-funded programs were concerned that they might have to pay twice—some had originally posted large amounts of collateral and were now being requested to pay again. On June 28, 2004, Pennsylvania...
ACIC URGES GOVERNOR TO SIGN THREE POST-FIRE BILLS:
Sep 6 2004 // The Association of California Insurance Companies (ACIC) urged Gov. Arnold Schwarzenegger to sign into law three significant bills that respond to issues raised following last year’s Southern California wildfires....
St. Paul Travelers Mobilizes Catastrophe Team in Florida
Sep 2 2004 // St. Paul Travelers and its subsidiary First Floridian have mobilized their Catastrophe Response Team to assist policyholders who may be affected by Hurricane Frances. Because of the company’s response to Hurricane...
ACIC Urges Governor to Sign Three Post-Fire Bills
Aug 19 2004 // The Association of California Insurance Companies (ACIC) today urged Gov. Arnold Schwarzenegger to sign into law three significant bills that respond to issues raised following last year’s Southern California...
