All the headlines from our Policyholder Topic Page, ordered by recency.
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...
Sep 12 2007 // Allstate Insurance Co. and its affiliates have agreed to comply fully with a directive by the New York State Insurance Department that insurance companies may not refuse to renew homeowners insurance policies based on...
Sep 7 2007 // Medical liability insurer Texas Medical Liability Trust (TMLT) recently approved a 6.5 percent rate reduction for all medical specialties and classes effective Jan. 1, 2008, the third straight rate reduction/dividend for...
Sep 6 2007 // Citizens Property Insurance Corp. will host a policyholders’ forum at Ft. Myers High School in Ft. Myers, Fla.,on Sept. 10.Citizens staffers, including underwriters, claims specialists and members of senior...
Aug 30 2007 // GEICO is reducing auto insurance rates for its policyholders in New Jersey by a statewide average rate decrease of 4.1 percent.GEICO said its decrease represents $30.8 million in savings for its New Jersey policyholders,...
Aug 29 2007 // Insurance companies in New York may not refuse to renew homeowners insurance policies based on whether a policyholder has other business such as an auto or life policy with them, under a new order from the state insurance...
Aug 28 2007 // U.S. consumers want insurance companies to more effectively communicate new products and services available to them, provide tailored policies and services to better meet their needs, and bring their customer experience up...
Aug 27 2007 // Courts in Louisiana already inundated by a wave of litigation against insurance companies over damage from Hurricane Katrina are bracing for a last-minute barrage of lawsuit filings as a deadline nears.Thousands of...
Aug 7 2007 // A federal appeals court is poised to review a judge’s verdict last year in the first trial among hundreds of lawsuits that Mississippi homeowners filed against insurance companies in Hurricane Katrina’s...
Aug 6 2007 // Policyholder wind“Maybe they’ll make us buy Shell gasoline next. For me to have fire insurance I have to buy wind insurance? That makes no sense at all.” — Michael McAndrews of Ocean Springs, Fla.,...
Aug 6 2007 // Currently underway in Florida is a controversy over the amount of private reinsurance homeowners insurers should purchase in addition to the now expanded $28 billion in reinsurance available from the Florida Hurricane...
Aug 6 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 Amer-ica Inc., staying on top of those trends in the United...
Aug 6 2007 // The 2007 legislative session in Louisiana resulted in three major pieces of legislation recently signed into law which will improve the ability of insurers to rate and underwrite homeowners insurance on a more competitive...