All the headlines from our Policyholder Topic Page, ordered by recency.
Aug 3 2009 // State insurance regulators are criticizing a New York Times article that reported that insurance subsidiaries of American International Group, Inc. “show signs of considerable weakness” and that called into...
Jul 31 2009 // A New Hampshire judge has rejected the state’s claim on a $110 million surplus in a fund that underwrites malpractice insurance.The state counted on $65 million of the money to help balance the budget in the fiscal...
Jul 30 2009 // During the recently completed 81st Legislative Session, the Texas legislature adopted the most significant reforms to the Texas Windstorm Insurance Association (TWIA) since 1997 with the passage of House Bill 4409 (HB...
Jul 21 2009 // Property insurance companies in West Virginia are finding themselves caught between a rock and a hard place over an ordinance in the city of Huntington that forces them to pay funds on some total fire losses to the city...
Jul 20 2009 // After three years of no increases, Florida’s Citizens Property Insurance Corp. is about to hike premiums up to 10 percent for many of its policyholders, although not for as many as some insurance insiders and...
Jul 9 2009 // After three years of no increases, Florida’s Citizens Property Insurance Corp. is about to hike premiums up to 10 percent for many of its policyholders, although not for as many as some insurance insiders and...
Jun 5 2009 // If Florida Gov. Charlie Crist vetoes a bill designed to deregulate pricing for large national property insurers as appears likely, he will be siding with an appointed official over an influential lawmaker.Crist, who is...
Jun 4 2009 // Texas Mutual Insurance Company’s board of directors has approved a $75 million individual policyholder dividend. The company plans to mail dividend checks in late July to approximately 37,000 employers, representing...
Jun 3 2009 // Western United Insurance Co., which also does business as AAA Nevada Insurance Co., will be offering pay-as-you-drive auto insurance in Nevada.According to the Nevada Division of Insurance, which approved the rate filing,...
Jun 1 2009 // On a number of well-publicized occasions, California homeowners have been ravaged by a series of wildfires with devastating results. Most recently in May in Santa Barbara, for example, the Jesusita Fire burned 80 homes and...
Jun 1 2009 // Weathering today’s economic storm has not been easy for insurance companies. Consumers are more carefully scrutinizing their coverages, while the financial sector is taking a beating in the public, as the government...
May 21 2009 // SCF Arizona’s Board of Directors has unanimously approved a $10 million dividend for 2008 to qualified policyholders.The Arizona workers’ compensation insurer said SCF the dividend payout marks 38 straight...
May 20 2009 // Denver-based Pinnacol Assurance, a Colorado source for workers’ compensation insurance, announced it is issuing general dividend checks totaling approximately $120 million to its policyholders. During the past five...
May 18 2009 // Utah’s Workers’ Compensation Fund has declared a $10 million dividend that will be distributed to a majority of policyholders in June. Policyholders can expect to receive 4.5 percent of their earned premium...
May 14 2009 // State Farm’s 3.3 million California auto insurance policyholders will soon see a decrease in their premiums, as the California Department of Insurance approved an 8 percent, $219 million rate cut.The 8 percent rate...
May 12 2009 // Homeowners in the South Carolina counties of Charleston and Beaufort who purchase homeowners policies from AIU Holdings’ Private Client Group can now access the advanced disaster preparedness and post-hurricane...
May 4 2009 // The Texas Senate approved a new structure for the state’s depleted windstorm insurance fund last week, providing a combination of potential rate hikes, bonding and other revenue to ensure the account gets...
Apr 24 2009 // All policies of Florida property insurer Coral Insurance will be cancelled as of May 31, 2009 and any unearned premiums will be returned to policyholders, under a state plan approved by a Leon County judge overseeing the...
Apr 22 2009 // The California Department of Insurance (CDI) has secured between $37 million and $46 million in additional coverage from AIG for Sayre Fire survivors in Sylmar. Commissioner Poizner was joined by Los Angeles City...
Apr 20 2009 // With the parallels being drawn between the nation’s new Administration and President Franklin D. Roosevelt’s Administration during the 1930s Depression, it makes it even more ironic that results from a recent...