All the headlines from our Policyholder Topic Page, ordered by recency.
Dec 2 2019 // Note: This has been updated with FAIR Plan comments below.Changes to the insurance plan offered by California’s property insurer of last resort could possibly go into effect as early as the next few months – that...
Dec 2 2019 // Texas Mutual Insurance Co. recently paid $3.5 million in early qualifier dividends to approximately 3,200 newer policyholder owners across the state. This payout is the final component of the company’s $330 million...
Nov 19 2019 // Florida’s new Insurance Consumer Advocate Tasha Carter has been busy since taking office August 1. With more than 12,000 Hurricane Michael claims still open, according to the Florida Office of Insurance Regulation,...
Nov 18 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...
Nov 15 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...
Nov 5 2019 // Note: This story has been updated with a response from an Applied spokesman describing the actions by the California Department of Insurance as “an unusual Draconian attempt.”A San Mateo County Superior Court...
Nov 1 2019 // Washington Insurance Commissioner Mike Kreidler took disciplinary action in July, August and September against insurance companies, agents and brokers for violating state insurance regulations.A summary of cases of...
Oct 28 2019 // For nearly a decade, Lombard International sat on a secret. It began to unravel in May 2016 when a wealthy German walked into a Luxembourg bank.The man wanted a loan. For collateral, he offered a future payout from a...
Oct 24 2019 // The head of recently shuttered Florida Specialty Insurance Co. says that claims by Florida’s insurance regulator that the company is insolvent are untrue.The company’s CEO, Susan Patschak, argues...
Oct 21 2019 // The Insurance Information Institute’s new white paper, “A World Without TRIA: Incalculable Risk,” shows how the market for terrorism insurance has evolved since the 2001 terrorist attacks — from the...
Oct 15 2019 // Arthur J. Gallagher & Co. has acquired Ponte Vedra Beach, Florida-based The Doyle Group, Inc. and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH). Terms of the transaction were not...
Oct 11 2019 // The Insurance Information Institute’s new white paper, “A World Without TRIA: Incalculable Risk,” shows how the market for terrorism insurance has evolved since the 2001 terrorist attacks – from the...
Oct 8 2019 // Louisiana’s largest workers’ compensation insurance carrier, Louisiana Workers Compensation Corporation (LWCC), is issuing $136 million in dividend checks to policyholders during October.LWCC is a single state,...
Oct 7 2019 // Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable to establish a viable...
Oct 2 2019 // Austin-based workers’ compensation carrier, Texas Mutual Insurance Co., is offering a grant of $5 million for policyholders affected by Tropical Storm Imelda. The grant is intended to support the recovery of business...
Sep 17 2019 // Coalition, a cyber insurance agency for small and midsize businesses, has launched an incentive program to reward policyholders who implement multi-factor authentication (MFA, also commonly known as 2FA) on their business...
Sep 16 2019 // The Texas Department of Insurance has issued a bulletin providing guidance on House Bill 259, passed during the 2019 legislative session, that prohibits insurers from delivering, issuing for delivery, or renewing named...
Sep 16 2019 // SAIF customers in Oregon will receive $160 million in dividends this year.The SAIF the board of directors declared a $120 million primary dividend to be paid to policyholders based on their premium, and a $40 million...
Sep 16 2019 // This article introduces a three-part series covering over a dozen largely legal and contractual principles, many of which are used by attorneys to resolve contract disputes. Most of them can also be used by agents and...
Sep 16 2019 // A medical professional liability insurance provider serving nearly 500 medical professionals in Missouri and Kansas has been placed into rehabilitation after the Kansas Insurance Department (KID) found the company’s...