All the headlines from our Policyholder Topic Page, ordered by recency.
Feb 23 2004 // There is a way to give your client some idea of the potential liability risk that he or she is taking on.A firestorm destroys a subdivision. A neighbor’s child accidentally drowns in an uncovered swimming pool. A...
Feb 20 2004 // California State Controller Steve Westly announced the Controller’s Office collected $67 million in unclaimed insurance company stock and cash proceeds belonging to countless Californians. Beginning immediately,...
Feb 12 2004 // Auto insurance rates for Michigan policyholders rose slower than the national average in 2003, according to the Insurance Institute of Michigan (IIM). Michigan’s auto insurance rates increased an average of 7 percent...
Feb 9 2004 // How an insurance company handles the subrogation function impacts its value to policyholders and shareholders. While financial stability, underwriting expertise and breadth of coverage remain important, an insurer’s...
Feb 6 2004 // The Professional Insurance Agents of New York State Inc. noted that as of Feb. 12 a new law comes into effect in New York that will give greater protection to the state’s insurance-buying consumers, who can be...
Jan 26 2004 // New Jersey’s Department of Banking and Insurance filed papers in Superior Court last Thursday to protect policyholders and consumers by seeking a liquidation order that would shut down a reportedly financially...
Jan 26 2004 // In recent months, we’ve heard nothing but praise for Arizona’s workers’ compensation system, especially when compared to the trouble California system. Wondering what all the hoopla was all about, I...
Jan 12 2004 // While service fees have been around for a long time, difficult market conditions and increased agency costs have made the use of service fees by agencies more popular in the past few years.In recognition that the Illinois...
Dec 18 2003 // Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, announced today the company is about to reach its long-term surplus goal — several years ahead of schedule. Pinnacol...
Dec 15 2003 // The wildfires that raged through San Bernardino and San Diego Counties in October have now been declared the worst fire disaster in the history of the insurance industry.More than 8,000 firefighters battled roaring flames...
Dec 15 2003 // According to the Texas Attorney General’s Office, Allstate and its affiliated insurance companies agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders who...
Dec 4 2003 // Holly C. Bakke, the head of New Jersey’s Department of Banking and Insurance, has issued a bulletin to the state’s licensed surplus lines producers requesting that they advise policyholders about the Legion...
Dec 4 2003 // The Texas Attorney General’s Office announced that Allstate and its affiliated insurance companies have agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders...
Dec 1 2003 // The Utah Workers Compensation Fund has filed a lawsuit against the State of Utah over the ownership of the assets of WCF, in efforts to put to rest the dispute over ownership which stems back to the Fund’s inception...
Nov 24 2003 // The Auto Club’s affiliated Interinsurance Exchange has gained state insurance department interim approval for its emergency request to reduce insurance rates for its policyholders whose houses were destroyed by the...
Nov 18 2003 // Safeco announced that claims stemming from the recent California wildfires are estimated at $16.0 million in pretax catastrophe losses. This figure represents the estimated losses both from claims received through Nov. 14...
Nov 17 2003 // Last July, David Schiff, editor, writer and guiding light of Schiff’s Insurance Observer, wrote that John Hancock Financial Services’ CEO David D’Alessandro “should be fired” for taking...
Nov 17 2003 // Last July, David Schiff, editor and writer of Schiff’s Insurance Observer, wrote that John Hancock Financial Services’ CEO David D’Alessandro “should be fired” for taking approximately $21.7...
Nov 3 2003 // Texas-based Underwriters MGA (UMGA), a Texas- based corporation with offices in Hidalgo County, announced it has filed a court petition to reclaim millions of dollars in revenues the company said it lost as a result of...
Oct 31 2003 // Travelers Property Casualty Corp. announced it will offer its agents a new custom software program called My Personal Info. The new system guides policyholders through the process of collecting, organizing, recording and...