All the headlines from our Policyholder Topic Page, ordered by recency.
Jan 27 2008 // A national consumer organization has charged that property casualty insurers are unfairly overcharging for home and auto insurance at the same time they are reducing payments to insureds.According to the Consumer...
Jan 27 2008 // Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, customers are...
Jan 25 2008 // Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer’s “crimes against...
Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers.The St. Paul-based company said it had reached agreements with attorneys general in...
Jan 13 2008 // Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, customers are...
Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia regarding how it paid brokers.The St. Paul-based company said it had reached agreements with attorneys...
Jan 10 2008 // California’s State Compensation Insurance Fund announced it will extend credit to policyholders who have suffered a financial loss or business disruption caused by recent wind and rainstorms that struck the counties...
Jan 8 2008 // The board of directors of Lebanon Mutual Insurance Co. of Cleona, Pa., has adopted a plan to convert the insurer from a mutual to a stock organization.Under the plan, Lebanon will convert from a Pennsylvania mutual...
Jan 4 2008 // At the heart of every property and casualty insurance contract lies a promise to soften the blow of misfortune.But what happens when an insurance company becomes financially troubled, fails and is no longer able to uphold...
Jan 3 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in 9 states and the District of Columbia over how it paid brokers.The St. Paul-based company said it had reached agreements with attorneys general in...
Dec 31 2007 // From storms that flooded the Midwest destroying homes and business in the summer to a court ruling that could have a significantly negative impact on the medical malpractice insurance market in the state of Illinois, 2007...
Dec 28 2007 // Washington Insurance Commissioner Mike Kreidler has asked insurance companies and other regulated entities to take voluntary steps to ensure that homeowners, businesses and consumers affected by December’s winter...
Dec 27 2007 // The U.S. property/casualty insurance industry’s net income after taxes rose 7.1 percent to $49.4 billion through nine-months 2007 from $46.1 billion through nine-months 2006. Fueled by the industry’s net...
Dec 23 2007 // Severe summer storms that ransacked the Midwest, a court ruling that could negatively impact the medical malpractice insurance market in Illinois and RICO allegations in Minnesota were just a few of the news stories that...
Dec 19 2007 // Auto insurers in Florida are reminding drivers that Florida law will once again require drivers to carry personal injury protection insurance effective Jan. 1, 2008.Companies are sending notices to policyholders informing...
Dec 11 2007 // Farmers Insurance Group of Cos., including Farmers Insurance Company of Columbus recently announced a new product for its over 256,000 insurance policyholders or new policyholders in Ohio.Beginning December 17, 2007, the...
Dec 7 2007 // A group of State Farm policyholders want the Nebraska Supreme Court to reinstate their lawsuit against the company, because they say State Farm failed to deliver the medical coverage it promised in its automobile...
Dec 4 2007 // The Supreme Court declined this week to rule on a case that tests whether states such as Virginia can regulate the sale of life insurance by policyholders to investors, a practice known as “viatical” or life...
Dec 2 2007 // At the heart of every property and casualty insurance contract lies a promise to soften the blow of misfortune.But what happens when an insurance company becomes financially troubled, fails and is no longer able to uphold...
Nov 16 2007 // Texas Windstorm Insurance Association policyholders’ rates will go up begining Feb. 1, 2008, as a result of rate increases approved by the Texas Department of Insurance yesterday.Texas Insurance Commissioner Mike...