Latest Policyholder Headlines
All the headlines from our Policyholder Topic Page, ordered by recency.
Mendoza Criticizes Garamendi’s Failure to Testify at Executive Life Hearing
Oct 16 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner condemned former Insurance Commissioner’s John Garamendi’s refusal to testify at a congressional hearing Oct. 10 into the Executive Life scandal held...
Foremost Mobilehome Insurance Rates to Increase
Oct 10 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a mobile homeowners insurance rate change for the Foremost Insurance Company Grand Rapids, Michigan (“Foremost Insurance”), American Federation...
Proposed Producer Licensing Regulations would Hinder Calif. Policies
Oct 2 2002 // Proposed regulations in California that address exemptions for employees who make adjustments to insurance policies from general licensing requirements need to be stronger and broader. “Unlicensed customer service...
AIA Opposing Calif. Regulation on Proof-of-Insurance Cards
Sep 27 2002 // The California Department of Insurance (Department) lacks the statutory authority to mandate a single format for proof-of-insurance cards, according to the American Insurance Association (AIA). AIA formally expressed its...
Montemayor Sends Open Letter to Farmers Homeowners Policyholders
Sep 26 2002 // In the wake of Farmers Insurance Group of Companies’ decision to quit the Texas homeowners market, Texas Insurance Commissioner Jose Montemayor released the following open letter to Farmers...
TDI Offers Settlement Proposal to Farmers
Sep 25 2002 // As rumors and speculation swirled about whether Farmers Insurance is planning to completely withdraw from the Texas homeowners market, the Texas Department of Insurance (TDI) proposed a resolution to its dispute with...
AIA: N.J. Auto Crisis Will Persist Despite DOBI Efforts
Sep 17 2002 // The New Jersey Department of Banking and Insurance (DOBI) has devised a program to assist the state’s auto policyholders find new coverage in light of State Farm Indemnity’s pending non-renewal of 4,000 polices...
PIANJ interviews DOBI Commissioner Bakke
Sep 10 2002 // New Jersey Department of Banking and Insurance Commissioner Holly Bakke met with representatives from Professional Insurance Agents of New Jersey Inc. recently to discuss several issues that continue to make headlines...
NAII Urges WV. DOI To Preserve Use Of Credit In Underwriting, Rating
Sep 4 2002 // The West Virginia Department of Insurance’s informational letter addressing credit-based insurance scoring in personal lines would severely restrict the use of a proven underwriting and rating tool, according to the...
Former State Farm Agents Win $12M Settlement
Sep 2 2002 // A three-and-a-half year lawsuit pitting two former State Farm agents against State Farm Automobile Insurance Company has come to an end, with the jury’s verdict ruling for the agents. Richard Pyorre of Fort Bragg,...
Texas AG Files Suit Against Farmers
Aug 19 2002 // Texas Governor Rick Perry and Attorney General John Cornyn announced that his office filed suit against Farmers Group Inc., the state’s second largest homeowners insurer, Aug. 5 for allegedly charging unnecessarily...
Lobbying Groups Gear Up for Legislative Session
Aug 19 2002 // Even though the next Texas legislative session is still months away, lobbying organizations with ties to insurance are polishing their strategies for influencing state lawmakers. Last month, the Austin American Statesman...
Disparities Between House, Senate Bills Hold Up Terrorism Backstop
Aug 5 2002 // The U.S. insurance industry must have breathed a collective sigh of relief recently, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile...
Montemayor Okays ISO Homeowners Forms
Aug 5 2002 // In his continuing quest to find solutions keep the Texas homeowners market from completely falling apart, Insurance Commissioner Jose Montemayor approved residential property policy forms developed by the Insurance...
Texas Mutual To Pay $22M in Dividends
Aug 1 2002 // Texas Mutual Insurance Company’s will be distributing some $22 million in dividends to qualifying policyholders for 2002 under a plan unanimously adopted by its Board of Directors. As in previous years, the 2002 plan...
Safelite AutoGlass Partners with OneBeacon
Jul 23 2002 // Ohio-based Safelite AutoGlass, headquartered in Columbus, Ohio, has partnered with OneBeacon Insurance Group, Boston, under which Safelite will provide auto glass and claims management services for OneBeacon’s...
Disparities Between House, Senate Bills Hold Up Terrorism Backstop
Jul 22 2002 // The U.S. insurance industry must have breathed a collective sigh of relief June 18, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile the...
First Notice Systems, ptc-NET Form Alliance for Streamlining Property Claims
Jul 16 2002 // First Notice Systems, a provider in claim reporting solutions to the industry, and Alacrity Services’ ptc-NET managed contractor network, a structural loss estimating service and direct repair program, have formed a...
Minn. Commissioner Levies Charges Against State Farm
Jul 1 2002 // Minnesota Commerce Commissioner Jim Bernstein is charging State Farm Fire and Casualty Company and State Farm Mutual Automobile Insurance Company with more than 13,000 violations of Minnesota insurance law. Based on a...
Board Members Elected for Texas Mutual
Jun 28 2002 // Texas Mutual Insurance Co. policyholders elected four new board members at the workers compensation insurer’s first policyholder meeting. Over 5,000 policyholders voted either in person or by proxy to elect Judy...
