All the headlines from our Policyholder Topic Page, ordered by recency.
Oct 18 2007 // Homeowners insurance policyholders who subscribe to at least one additional policy with their insurer tend to be more satisfied than those who only have a homeowners insurance policy, according to the J.D. Power and...
Oct 10 2007 // Taxpayers save money and businesses are better protected with the Terrorism Risk Insurance Act (TRIA) in place than if the act is allowed to expire, according to a recent study by RAND Corp.The analysis found that TRIA,...
Oct 8 2007 // Florida’s insurance agents are advising consumers seeking coverage from Citizens Property Insurance Corp. to proceed cautiously, especially for those making comparisons with the private market.Coverage in the state...
Oct 8 2007 // In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of...
Oct 8 2007 // Fla. agents advise consumers of coverage gaps, likelihood of assessments with CitizensFlorida’s insurance agents are advising consumers seeking coverage from Citizens Property Insurance Corp. to proceed cautiously,...
Oct 8 2007 // In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of...
Oct 3 2007 // State Farm Insurance implemented an additional 2 percent rate reduction for Florida policyholders, according to the Florida Office of Insurance Regulation.The rate reduction comes on the heels of a 7 percent State Farm...
Sep 27 2007 // For the vast majority of policyholders, nothing will change on Oct. 1. Policyholders will still maintain the insurance coverage they had in place on Sept. 30 for the duration of their contract.Auto insurance policies are...
Sep 27 2007 // Florida’s insurance agents are advising consumers seeking coverage from Citizens Property Insurance Corp. to proceed cautiously, especially for those making comparisons with the private market.Coverage in the state...
Sep 25 2007 // The U.S. property/casualty insurance industry’s overall profitability as measured by its annualized rate of return on average policyholders’ surplus (or statutory net worth) slipped to 13.1 percent in...
Sep 24 2007 // The use of predictive analytics is truly enhancing speed and customer experience at the service delivery points in the value chain. Understanding behavioral patterns enables insurers to optimize their risk evaluation,...
Sep 24 2007 // As Florida insurance agents adjust to serious competition from the public sector, the Florida Association of Independent Agents has established a new staff position to act as a liaison between agents and state-backed...
Sep 24 2007 // Maximizing the science and art of business analysis with the next wave of dataIt is difficult to overstate the strides in efficiency being made by the insurance industry as a result of the effectiveness of predictive...
Sep 24 2007 // For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s America Inc., staying on top of those trends in the United...
Sep 24 2007 // As Florida insurance agents adjust to serious competition from the public sector, the Florida Association of Independent Agents has established a new staff position to act as a liaison between agents and state-backed...
Sep 24 2007 // The company said the policy’s anti-concurrent causation provision means that if a policyholder has wind coverage but not flood insurance, then the company is not responsible for damage from a combination of wind and...
Sep 24 2007 // The Supreme Court also disagreed with the district court’s common sense ruling that faulty workmanship that damages the property of a third party is a covered “occurrence,” whereas faulty workmanship that...
Sep 24 2007 // For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s America Inc., staying on top of those trends in the United...
Sep 19 2007 // State Farm Insurance Cos. has settled with 103 policyholders in Mississippi who challenged the company’s refusal to cover damage to their homes from Hurricane Katrina, a lawyer for the homeowners said Monday.Terms of...
Sep 12 2007 // Rhode Island workers’ compensation insurer Beacon Mutual Insurance Co. has made the first payment of $500,000 in its fulfillment of a consent order that calls for $2.5 million in fines and policyholder refunds of $7...