All the headlines from our Policyholder Topic Page, ordered by recency.
Dec 18 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina.The...
Dec 14 2006 // Computer records containing personal information of about 130,000 members of Connecticut-based health insurer Aetna Inc. were stolen from the office of a vendor, the company said.A lockbox stolen during an Oct. 26 break-in...
Dec 11 2006 // The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage.With a recent...
Dec 10 2006 // Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology/information-driven...
Dec 10 2006 // The market of last resort may soon become the only option for thousands of policyholders if the Terrorism Risk Insurance Act (TRIA) sunsets and property/casualty carriers stop offering terrorism coverage.With a recent...
Nov 30 2006 // Some Farmers Union Mutual Insurance policyholders are confused about whether they can vote on moving the state Farmers Union headquarters to Mandan from Jamestown.The insurance company is separate from the farm...
Nov 29 2006 // Policyholders of Virginia Mutual Insurance Co. have approved the previously announced plan of conversion with Alfa Corp., the companies reported.Under the agreement, Virginia Mutual will convert from a mutual company to a...
Nov 22 2006 // Information obtained from the Consumer Protection division of the Texas Department of Insurance (TDI) shows the number of consumer complaints with insurance companies is the lowest since 1999, the Insurance Council of...
Nov 20 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 19 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
Nov 16 2006 // Louisiana’s Legislature needs to overhaul the Louisiana Citizens Property Insurance Corp., created by the state as an “insurer of last resort,” because of problems created by last year’s hurricanes,...
Nov 13 2006 // Six lawsuits against insurance companies over damage claims from Hurricane Katrina once set for trial in 2007 have been delayed by U.S. District Judge L.T. Senter Jr.Senter also says he is willing to consider consolidating...
Nov 7 2006 // Julian James, Lloyd’s Director Worldwide Markets, told delegates at the PCI Conference in Seattle that, despite the industry’s “current good fortune, I could make a strong case that we are still standing...
Nov 6 2006 // Is fair trial in Gulfport possible given negative press, number of prominent policyholders?State Farm Fire & Casualty Co. has filed a motion in federal court in Gulfport, claiming it will get a fairer trial somewhere...
Nov 6 2006 // California’s State Auditor’s review of the Department of Insurance’s handling of the Executive Life Insurance Co. estate confirms that appropriate actions have been taken on behalf of policyholders who...
Nov 6 2006 // They’re involved with policyholders every day yet too few people know how these safety valves operateThe National Insurance Guaranty Fund program, operating in every state, is the “untold story” in the...
Nov 5 2006 // State Farm Fire & Casualty Co. has filed a motion in federal court in Gulfport, claiming it will get a fairer trial somewhere other than the Mississippi Gulf Coast.Fifty-two policyholders, along with current and...
Nov 5 2006 // California’s State Auditor’s review of the Department of Insurance’s handling of the Executive Life Insurance Co. estate confirms that appropriate actions have been taken on behalf of policyholders who...
Nov 5 2006 // The National Insurance Guaranty Fund program, operating in every state, is the “untold story” in the property casualty industry, one insurance trade executive says.“The thing to remember about the...
Oct 30 2006 // State Farm Fire & Casualty Co. has filed a motion in federal court in Gulfport, claiming it will get a fairer trial somewhere other than the Mississippi Gulf Coast.Fifty-two policyholders, along with current and...