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Louisiana UPC Policyholders Have 30 Additional Days to Secure Citizens Policy
Mar 13 2023 // Louisiana Insurance Commissioner Jim Donelon announced on March 13 that Louisiana Citizens will provide an additional 30 days after United Property & Casualty Insurance Company (UPC) policies cancel on March 29 for...
Tennessee Department Obtains $11.5M for Policyholders in Insurance Claims Disputes
Feb 1 2023 // The Tenneesse Department of Commerce and Insurance secured a record $11.5 million for policyholders in 2022, after mediating complaints about insurers. The department’s insurance services team mediated 3,249...
Kansas Insurance Dept. Recovers $7.6M for Policyholders
Jan 19 2023 // The Kansas Insurance Department announced it has recovered more than $7.6 million for Kansans in 2022, the largest single-year recovery in department history. Funds considered “recovered” are calculated when...
Bank of England Worried New Insurance Capital Rules Could Risk Policyholder Bailout
Jan 17 2023 // Britain’s proposed changes to capital rules for insurers could lead to the government having to bail out policyholders, as happened 20 years ago after the near-collapse of life assurance company Equitable Life, the...
South Carolina DOI Sees $10 Million to Policyholders After Complaints about Insurers
Jan 10 2023 // The South Carolina Department of Insurance in 2022 returned $10.3 million to policyholders who filed complaints about insurance companies, the department said in a bulletin Tuesday. The department resolved some 4,500...
State Fund Offering Extended Credit to Policyholders Affected by California Quake
Dec 22 2022 // State Compensation Insurance Fund says it will offer a 30-day credit extension to policyholders in Humboldt County, California, which was declared a state of emergency by Gov. Gavin Newsom after a large earthquake on...
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