All the headlines from our Policyholder Topic Page, ordered by recency.
Mar 25 2013 // When it comes to property insurance reform in Florida, everyone is basically focused on proposals that deal with the Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corp. and the (over) regulation of...
Mar 25 2013 // In a meeting on March 25, the board of directors of Texas’ insurer of last resort in coastal areas is expected to discuss the organization’s dire financial condition and the possibility of placing the...
Mar 25 2013 // Editor’s note: This is the second of a three-part series to explain insurers’ requirements for building updates and to help agents advise clients on mitigating risks inherent in older buildings. The first...
Mar 18 2013 // Louisiana Citizens Property Insurance Corp.’s board has voted to borrow $100 million through bonds to cover a $70 million shortfall – in direct defiance of the wishes Gov. Bobby Jindal’s administration.In...
Mar 18 2013 // Lingering guilt may have been what moved someone who filed an insurance claim 40 years ago to come clean with a Gastonia, North Carolina insurance agency. The Gaston Gazette reported that whoever took a $280 claim check in...
Mar 11 2013 // Florida lawmakers are weighing a bill that would alter the funding mechanism for the state fund that pays the claims of insolvent property insurers, a change that does not have the uniform support of the insurance...
Feb 28 2013 // Florida lawmakers have kept alive a bill that would alter the method of funding the state fund that pays the claims of insolvent property insurers even though the change could increase costs and does not have the uniform...
Feb 27 2013 // ISO has enhanced its commercial general liability (CGL) insurance program to address exposures for establishments that allow their patrons to bring and consume alcoholic beverages on their premises (commonly referred to as...
Feb 27 2013 // Louisiana Workers’ Compensation Corp. (LWCC) has declared a 2012 dividend of $48.7 million, the company’s largest dividend ever.It will be paid to qualifying policyholders in March and April, bringing...
Feb 25 2013 // Editor’s note: This is the first of a three-part series to explain insurers’ requirements for building updates and to help agents advise clients on mitigating risks inherent in older buildings. Later articles...
Feb 21 2013 // Nearly two-thirds of Louisiana Citizens Property Insurance Corp. (Citizens) rebates that are available to policyholders are unclaimed, according to state Insurance Commissioner Jim Donelon.Donelon and Department of Revenue...
Feb 14 2013 // Florida’s state-backed property insurer has approved a plan to shift 31,000 commercial wind-only policies to a new private insurer.The board of Citizens Property Insurance Corp. approved the plan earlier this week....
Feb 11 2013 // Florida lawmakers’ first draft of a property reform emphasizes depopulating and diverting policies from Citizens Property Insurance Corp., the state-backed property insurer that has 1.3 million policyholders.The...
Feb 7 2013 // Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing the teaching — agents or carriers?During a recent industry meeting, a...
Feb 5 2013 // MMIC, a large Midwest medical professional liability firm, has entered into an agreement to acquire Utah Medical Insurance Association, a provider of medical professional liability insurance for physicians in Utah,...
Feb 4 2013 // Connecticut Insurance Commissioner Thomas Leonardi announced last week that the Connecticut Insurance Department recovered approximately $8.7 million for policyholders and state taxpayers in 2012.The department’s...
Jan 31 2013 // Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner’s insurance coverage offered by QBE Insurance Corp.The rate reduction will result in an estimated...
Jan 31 2013 // Three insurance recovery attorneys have joined Barnes & Thornburg LLP’s Minneapolis office as partners in the firm’s Policyholder Insurance Recovery and Counseling Group.The attorneys joining the firm...
Jan 29 2013 // Texas Medical Liability Trust (TMLT) announced that on Feb. 1, 2013, employment practices liability insurance (EPLI) will be added to all TMLT policies at no extra premium.EPLI covers lawsuits caused by several...
Jan 28 2013 // Pre-dispute mandatory binding arbitration provisions in insurance policies may be on their way out in Texas if state insurance regulators proceed with a plan to ban them.The Texas Department of Insurance informed lawmakers...