All the headlines from our Policyholder Topic Page, ordered by recency.
May 9 2019 // Workers’ compensation insurer Texas Mutual Insurance Co. announced plans to distribute $330 million in dividends to policyholders in 2019.The dividends will be distributed to over 55,000 business owners, who are...
May 9 2019 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced significant enhancements to its cyber proposition with a new pre-breach service and additional...
May 6 2019 // The use of telemedicine may be in its nascent stages within the workers’ compensation system, but the starting line has definitely been crossed with employers and workers’ comp insurers embracing the ability to...
Apr 25 2019 // Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry...
Apr 24 2019 // After seven years of failed attempts, Florida legislators have passed property insurance reform to address the abuse of a policyholder benefit known as assignment of benefits (AOB).The insurance industry and consumers...
Apr 12 2019 // Assignment of benefits reform legislation progressed in the Florida legislature yesterday.Lawmakers passed House Bill 7065, one of two key pieces of insurance industry-supported legislation – the other being its...
Apr 10 2019 // Baton Rouge, Louisiana-based workers’ compensation mutual insurer, LWCC, will distribute a $51 million dividend for 2018 to more than 20,000 policyholders in mid-April. This amount represents one-fourth of the...
Mar 19 2019 // Florida’s “one-way attorney fee” statute enacted to protect Florida policyholders from large insurance companies has instead spawned a huge industry of assignment of benefits (AOB) predators who take...
Mar 4 2019 // CFM Insurance Inc., a mutual insurance company headquartered in Concordia, Missouri, has finalized its acquisition of Cornerstone National Insurance Co., a stock company based in Columbia, Missouri.With this acquisition,...
Jan 25 2019 // Oklahoma’s new insurance commissioner is encouraging insurance companies in his state to work with and assist policyholders affected by the partial federal government shutdown.In a bulletin to all insurance companies...
Jan 11 2019 // The $100 million lawsuit that Mondelez, the maker of Oreos and Cadbury chocolate, has brought against Zurich Insurance Group shows that governments should be more careful about identifying the would-be culprits in putative...
Dec 17 2018 // The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle, the story isn’t over – personally or professionally.“We all still feel...
Dec 12 2018 // Austin-based workers’ compensation insurer, Texas Mutual Insurance Co., has paid more than $3 million in early qualifier dividends to approximately 4,000 newer policyholder owners across the state.This payout is the...
Dec 12 2018 // A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs...
Dec 10 2018 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has withdrawn from the Hong Kong Employees’ Compensation (EC) terrorism pool, effective Dec. 1, 2018.BHSI said it is now the first insurer in Hong...
Dec 5 2018 // The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle the story isn’t over – personally or professionally.“We all still feel like...
Nov 29 2018 // California Insurance Commissioner Dave Jones has approved a rate reduction for California Earthquake Authority residential earthquake policyholders that he says will bring millions of dollars in premium savings for 10s of...
Nov 28 2018 // Citing a “troubling” number of Hurricane Michael-related consumer complaints and claims denials, Florida’s top financial regulator is urging insurers to respond more quickly and adequately to consumers...
Nov 20 2018 // It has been just over a month since Hurricane Michael slammed the Florida Panhandle as a Category 4 hurricane with wind speeds reaching just shy of Category 5 status.The devastation from the storm that killed at least 35...
Nov 5 2018 // A Massachusetts Appeals Court has ruled in favor of an insurer in a case involving an automobile accident in which the injured plaintiff sought to obtain underinsured motorist coverage under a policy held by the mother and...