A consumer advocacy group has sued the California Department of Insurance and Commissioner Ricardo Lara to block hundreds of millions of dollars in surcharges that could soon appear on California homeowners’ insurance bills. Consumer Watchdog said in a press release …
The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state in April of this year. The assessment, which …
The Texas Windstorm Insurance Associated (TWIA) board of directors voted Thursday to authorize broker Gallagher Re to pursue $2.92 billion in reinsurance for the 2023 storm season. The TWIA board also voted to establish $4.5 billion as the 1:100 probable …
The Texas Department of Insurance (TDI) has issued a special data call to companies writing direct commercial property or business owners insurance in Texas during calendar year 2016, seeking information that would help the Texas Windstorm Insurance Association calculate participation …
Some Oklahoma school officials say efforts by a failed school insurance cooperative to collect about $720,000 to pay current and expected claims and debts would create a financial hardship and may be illegal. The Oklahoma Schools Property/Casualty Cooperative has sent …
Louisiana Insurance Commissioner Jim Donelon is once again reminding property insurance policyholders that tax season is one of the easiest times to claim the Louisiana Citizens Property Insurance Assessment rebate. At a joint press conference, Donelon and Louisiana Department of …
After trying to help her homebound mother use her state refund, Barbara Ewell is convinced Louisiana’s new prepaid debit card program was set up with banks rather than people in mind. “I’ve found it incredibly complicated,” said Ewell, an English …
Every property owner in North Carolina has a financial stake in the damage risk posed by Hurricane Irene, which could become the first to hit the state since a new method of paying for coastal storm damage allowed for reaching …
The Bermuda-based Arch Capital Group announced that the Company’s 2011 first quarter results will be negatively impacted by the New Zealand earthquake, which occurred in February 2011, in the range of $35 million to $70 million, net of reinsurance and …
A coalition of Florida charitable and business groups is pressing the state to eliminate assessments charged all policyholders to subsidize the state-backed insurance provider and hurricane claims fund. In a letter to Gov. Rick Scott, the groups called on him …
