BNET Business Dictionary
Business Definition for: Policyholder
- a person or business covered by an insurance policy
Wiktionary Definition for: Policyholder
- A person who holds an insurance policy, especially the person whose life is insured
Additional Resources
- Remedies for an Insurer's Breach of the Duty to Defend: A Policyholder's Perspective
- Liability policies provide two primary benefits to the policyholder: the promise to pay the policyholder's defense in a suit brought against him and the promise to pay a possible judgment or settlement on behalf of the policyholder. Both promises are important, but it is the promise to defend that often...
- White papers 2002-01-25
- Policyholder report estimates RSA unit has $1.83 billion in claims, $834 million surplus.(News)(Royal and SunAlliance USA)
- Byline: Judy Greenwald Royal Indemnity Co., a major part of Royal & SunAlliance USA Inc.'s operations, which are now in runoff, has a potential reserve shortfall of nearly $1 billion, according to a special policyholder report. Policyholder Byline: Judy Greenwald...
- Research articles 2007-01-15
- Liability Claims: Can Policyholder Choose His Qwn Defense Attorney?
- Lawsuits are one of the risks and challenges that many businesses will face each year. As many policyholders discover when they are confronted with a liability claim, the liability carrier often selects and controls the defense for the policyholder. This article advises and explains that businesses should be aware, however,...
- White papers 2004-06-22
- Insurer connects with the customer. (survey by CNA Financial Corp's CNA E&S Commercial Operations uncovers some eye-opening results regarding policyholder desires)
- Research, policyholder surveys lead to some 'eye-opening successes' at CNA E&S SAN FRANCISCO - Some surplus lines insurers are trying new tactics to tap into the commercial market. For example, rather than relying solely on the advice of managing Research, policyholder surveys lead to some 'eye-opening...
- Research articles 1998-09-21
- Court rules for asbestos policyholder.
- Court Rules For Asbestos Policyholder A New Jersey Superior Court ruling has found a group of insurers liable for payment of up to $960 million worth of asbestos-related claims brought against Owens-Illinois Inc. between 1977 and 1985. The ruling Court Rules For...
- Research articles 1990-04-16
- CIGNA defenses questioned; policyholder attorney claims insurer contradicting its position in courts.
- HARRISBURG, Pa. - CIGNA Corp. is arguing in a Pennsylvania court that its critics have no right to appeal the regulatory approval of its reorganization, even though it is arguing otherwise in coverage litigation elsewhere, a policyholder attorney conteHARRISBURG, Pa. - CIGNA Corp. is arguing in a...
- Research articles 1996-12-09
- 'Difference of opinion' may slow orphan deal.(Aviva's policyholder advocate Clare Spottiswoode on its inherited estate)
- Byline: Policyholder advocate has found what may be 'insurmountable' differences Byline: Policyholder advocate has found what may be 'insurmountable' differences
- Research articles 2007-03-08
- Court Favors Policyholder On Contested Grace Period.(Brief Article)
- The U.S. Court of Appeals for the Third Circuit recently decided in favor of a New Jersey life insurance policyholder who failed to pay his insurance premium to New York based Guardian Life Insurance Company the month before his death. In this case, Guardian...
- Research articles 2000-11-27
- U.S., state court rulings buffet insurer ; Despite state ruling, federal court says policyholder owed a defense.(Scottsdale Insurance Co. vs. Subscription Plus Inc. and Karleen Hillery)(Brief Article)
- CHICAGO-An insurer must defend a general liability policyholder in a federal court case over a fatal work-related traffic accident even though a state court has relieved the insurer of that obligation in separate litigation against the policyholder over the same accident. Scottsdale Insurance Co....
- Research articles 2002-08-05
- Judge in bad-faith case was bribed, USF&G says.(News)(United States Fidelity & Guaranty Co. is suing to rescind a $1.5 million bad-faith settlement with former policyholder)
- Byline: DOUGLAS McLEOD JACKSON, Miss.-United States Fidelity & Guaranty Co. is suing to rescind a $1.5 million bad-faith settlement with a former policyholder, charging that the policyholder's attorney-a prominent Mississippi trial lawyer-bribed a judge to influence the case. The insurer's racketeering...
- Research articles 2003-10-27
- Reinsurer Setoffs And Policyholder Cut-Throughs In Insurer Insolvency Proceedings
- The enforceability of reinsurer setoffs and policyholder cut-throughs in insurer insolvency proceedings is of great importance to both reinsurers and receivers. Both mechanisms allow claimants against the insurer to bypass the receivership's claims process and to retain or appropriate for themselves assets that might otherwise flow to the estate. Given...
- White papers 2003-01-01
- Exempt Commercial Policyholder (ECP) : An Idea Whose Time Has Come — And Gone?
- If someone needs to be reminded of what an "exempt commercial policyholder" ECP is, he is not alone. The relative obscurity of the term is a fair reflection of the impact ECPs have had on the market. Exempt commercial policyholders are organizations deemed to be large and sophisticated enough to...
- White papers 2003-07-01
- Prudential Plc - Policyholder Advocate
- Embargo: 7.01am Thursday 15 March 2007 PRUDENTIAL CONSIDERING REATTRIBUTION OF INHERITED ESTATE, POLICYHOLDER ADVOCATE NOMINATED TO REPRESENT POLICYHOLDERS Prudential is considering a reattribution of the inherited estate held in the with-profits sub-fund WPSF of The Prudential Assurance Company Limited PAC. Prudential has believed for many years that it...
- Research articles 2007-03-15
- Mutual Policyholder Rights Under Review
- DIANE WEST While protecting policyholder rights has become a point of debate for consumer advocates opposed to mutual holding company conversions, it is not immediately apparent what those rights are. In September, the federal Securities and Exchange Commission released a report proposing several key reforms...
- Research articles 1997-12-01
- Mutual policyholder rights under review.
- While protecting policyholder rights has become a point of debate for consumer advocates opposed to mutual holding company conversions, it is not immediately apparent what those rights are. In September, the federal Securities and Exchange Commission released a report proposing several key reforms...
- Research articles 1997-12-01
- Mutual policyholder rights under review.
- While protecting `policyholder rights' has become a point of debate for public and consumer advocates opposed to mutual holding company conversions, it is not immediately apparent what those rights are. In September, The Federal Securities and Exchange Commission SEC submitted a congressional...
- Research articles 1997-11-24
- It's about the policyholder! Risk managers must defend interests
- As the debate over insurance company "restructurings" rages on, it seems like one issue is often overlooked -- the impact of such restructurings on the policyholder. During the brouhaha over the most recent, most publicized and certainly most debated restructuring plan, that of the CIGNA Companies, there was a tremendous...
- Research articles 1997-09-01
- Liability insurer not vicariously liable for malpractice committed by insurer retained to defend policyholder against third party claim
- State Farm Mutual Automobile Insurance Company v. Traver, 980 S.W.2d 625, 1998 Tex. LEXIS 158 (Texas Supreme Court; December 31, 1998). Under the usual terms an automobile liability policy, the insurer has a duty to defend and also the right to control the defense and possible settlement of any...
- Research articles 1999-06-01
- Federal Appeals Court Finds That Policyholder's Refusal To Undergo Examination Under Oath Does Not Void Coverage Unless Insurer Is Prejudiced
- Talley v. State Farm Fire & Casualty Company, 223 F.3d 323 (6th Cir., 2000) applying Tennessee law George Talley, like many Americans, had a homeowners insurance policy with State Farm. After a fire damaged his house, he submitted a claim. In response, State Farm asked him to submit to...
- Research articles 2001-06-01
- Policyholder may receive coverage despite lost liability policies so long as other proof is sufficient to demonstrate existence of insurance
- Dart Industries, Inc., v. Commercial Union Insurance Co., 52 P.3d 79 (California Supreme Court--August 19, 2002) Long-tail liability claims have driven a good deal of the development of insurance law during the past quarter-century. One recurring issue with such claims is the matter of proving entitlement to insurance. Recently,...
- Research articles 2003-03-01
