Latest Policyholder Headlines

All the headlines from our Policyholder Topic Page, ordered by recency.

Windhaven Insurance Ceasing Operations, Assets to be Auctioned Off

Feb 27 2020 // Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and...

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Feb 24 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.Unfortunately, the...

Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared

Feb 20 2020 // As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way.Based on what the...

Viewpoint: 4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Feb 20 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.Unfortunately, the...

HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds

Feb 18 2020 // The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary of HCI Group, to provide replacement policies for Anchor Property and Casualty...

20 Things to Know About Surplus Lines Insurance in 2020

Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...

How Parametric Insurance Can Help Fill the Gap Where Traditional Insurance Falls Short

Jan 27 2020 // Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout...

New Year’s Resolution: Helping Policyholders Get in Shape for the New Year

Jan 27 2020 // As individuals, one way that we resolve to get in shape for the new year is by signing up for gym memberships and fitness classes. In that spirit, agents and brokers should resolve to help their policyholders get their...

Policy Changes Now in Effect at Texas Windstorm Insurer

Jan 27 2020 // The new year brought some changes to residential and commercial policies provided by Texas’ insurer of last resort for wind and hail along the coast.New coverages, terms and conditions now apply to Texas Windstorm...

Industry Calls On Florida Lawmakers to Reform Lawsuit Abuse

Jan 27 2020 // Florida lawmakers are considering a number of insurance-focused issues over the course of the 60-day 2020 Legislative Session that started Jan. 14. At the top of the list for industry and consumer advocates are reforms to...

Florida Legislative Preview 2020: Industry Calls On Lawmakers to Reform Lawsuit Abuse

Jan 16 2020 // The Florida Legislature started its 2020 legislative session this week and lawmakers are set to consider a number of insurance-focused issues over the course of the 60-day period. At the top of the list for industry and...

More Than a Dozen Florida Insurers Facing Ratings Downgrades

Jan 9 2020 // The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that several carriers will receive downgrades due to deteriorating conditions in the...

New Policy Contracts Now in Effect at Texas Windstorm Insurer

Jan 8 2020 // Texas’ insurer of last resort for wind and hail along the coast says new terms and conditions for policies with an effective date on or after January 1, 2020, are now in place.The updated coverages, terms, and...

Saxe Doernberger & Vita Promotes Barrese to Partner in New Jersey

Jan 8 2020 // Saxe Doernberger & Vita, P.C. (SDV) has promoted Bethany L. Barrese to partner, effective January 1, 2020.Barrese’s practice focuses on complex policyholder coverage issues. She has experience handling coverage...

Rehabilitation of Florida Insurer Windhaven Deemed ‘Useless’; Judge Orders Liquidation

Jan 7 2020 // Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated.In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the...

Insurance Journal’s Top 10 West Region Stories of 2019

Jan 2 2020 // California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before.Three of the year’s top...

Citizens to Evaluate Policyholder Count as Florida Market Conditions Tighten

Dec 20 2019 // Florida’s insurer of last resort Citizens Property Insurance Corporation will make shrinking its policyholder count a priority next year, despite potential headwinds that may come from Florida domestic carriers...

Florida Auto Insurer Windhaven Placed Into Rehabilitation

Dec 17 2019 // The future of another Florida domestic insurer is now in the hands of state regulators.Non-standard private passenger auto insurer Windhaven Insurance Co. (WIC), based in Miami, has been placed into rehabilitation by a...

FAIR Plan Asks Court to Stop California Insurance Commissioner’s Order

Dec 13 2019 // Note: This is been updated with a statement from Lara’s office.The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the...

3 Policyholders Receive Safety First Grants from Missouri’s Safety National

Dec 9 2019 // St. Louis, Missouri-based Safety National, through its annual Safety First Grant Program, has awarded three policyholders for their creative risk control solutions.The first-place grant, in the amount of $10,000, was...