All the headlines from our Policyholder Topic Page, ordered by recency.
Feb 17 2012 // A California lawmaker on Friday introduced a bill to give greater control of claim information held by insolvent companies over to policyholders.Assemblyman Curt Hagman said he introduced Assembly Bill 1734 to provide...
Feb 13 2012 // The Pennsylvania Insurance Department Commissioner Michael Consedine announced last week that the Commonwealth Court has approved the department’s petition to liquidate First Sealord Surety Insurance.First Sealord, a...
Feb 13 2012 // Louisiana’s property insurer of last resort has offered to settle a dispute over slow handling of hurricane claims from 2005 for up to $80 million, with no more than $25 million of that for attorneys’ fees —...
Feb 10 2012 // A lawsuit contends that a health insurer ran a scheme to avoid paying in-home care claims from what could be thousands of California’s elderly residents.Senior Health Insurance Co. of Pennsylvania, or SHIP, had a...
Feb 1 2012 // In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against...
Jan 25 2012 // Nationwide is brushing off Liberty Mutual’s allegation that Nationwide’s pending acquisition of Harleysville Mutual would unfairly benefit subsidiary Harleysville Group’s stock shareholders at the expense...
Jan 23 2012 // It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.According to a news report, Liberty Mutual also made an offer last...
Jan 23 2012 // Oklahoma’s top insurance regulator believes the medical insurance market is headed for “disruption” as a result of the medical loss ratio (MLR) component of federal health insurance reform.After...
Jan 12 2012 // The Oklahoma insurance regulators announced that a Tulsa area man has been charged unlawfully selling health insurance to Oklahoma customers.The Oklahoma Insurance Department said Terry L. McCrackin, 64, was charged in...
Jan 9 2012 // Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a problem largely stemming from the 2005 hurricanes.For policyholders of Louisiana...
Jan 9 2012 // Louisiana’s highest court has reinstated a nearly $100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005.The Louisiana...
Jan 9 2012 // Two insurers that together hold the lion’s share of the homeowners insurance market in Texas are either in the process of raising rates or have filed for increases.Insurance Commissioner Eleanor Kitzman on Dec. 1,...
Jan 9 2012 // A Barton County, Mo., judge in December 2011 approved a proposal to allow Missouri Farm Bureau to assume operations of three small insurance companies that became insolvent after paying claims from the May 22 Joplin...
Jan 6 2012 // It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.According to a news report, Liberty Mutual also made an offer last...
Jan 5 2012 // Oklahoma’s top insurance regulator believes the medical insurance market is headed for “disruption” as a result of the medical loss ratio component of federal health insurance reformAfter Oklahoma’s...
Dec 30 2011 // A Maryland court ruled last week that the state’s largest premium financing companies were engaged in illegal financing practices against auto insurance policyholders.In Maryland, most auto insurance policyholders...
Dec 27 2011 // Private U.S. property/casualty insurers’ net losses on underwriting grew to $34.9 billion in nine-months 2011 from $6.3 billion in nine-months 2010. The combined ratio deteriorated to 109.9 percent for nine-months...
Dec 20 2011 // Louisiana’s highest court has reinstated a nearly $100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005.The Louisiana...
Dec 16 2011 // When examining the consequences of the financial crisis on the insurance industry it is important to differentiate between direct and indirect effects on one hand, and short- and medium-term ramifications on the...
Dec 9 2011 // Florida lawmakers are considering allowing surplus lines carriers to participate in the depopulation programs of the state’s largest homeowner insurer in an effort to reduce its policyholder rolls.Citizens Property...