Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
INSURERS TO PAY $50M IN JACKSONVILLE INCINERATOR CLEANUP
Sep 19 2005 // Insurance companies formerly insuring Jacksonville, Fla. will pay $50 million, while the city will pay $25 million, in the $75 million settlement of a class-action lawsuit filed in 2003 by local residents. The city settled...
Indiana Targets Insurance for Economic Development
Sep 19 2005 // Former insurance industry advocate Mike Chrysler has recently been appointed as the Indiana Economic Development Corporation’s (IEDC) Director of Insurance Initiatives. Chrysler, an Indiana native and former...
Indiana Targets Insurance for Economic Development
Sep 19 2005 // Former insurance industry advocate Mike Chrysler has recently been appointed as the Indiana Economic Development Corporation’s (IEDC) Director of Insurance Initiatives. Chrysler, an Indiana native and former...
NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII:
Sep 5 2005 // The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs...
CREDIT-BASED INSURANCE SCORING ESSENTIAL IN ALASKA:
Sep 5 2005 // In response to proposed regulations that would prohibit the use of credit-based insurance scoring in the renewal of insurance policy underwriting, NAMIC testified on Aug. 30 at an Alaska Division of Insurance hearing that...
COMMISSIONER ANNOUNCES -26.78 PERCENT RATE DECREASE IN WORKERS’ COMP:
Aug 22 2005 // California Insurance Commissioner John Garamendi announced that workers’ compensation insurers in the state filed rate reductions averaging -14.6 percent for policies incepting on or after July 1, 2005 bringing the...
FLEX RATING MODERNIZATION BILL SIGNED INTO LAW IN ALASKA:
Aug 22 2005 // The Property Casualty Insurers Association of American praised Gov. Frank Murkowski for signing into law legislation which will modernize and improve Alaska’s system for establishing rates for homeowners, auto and...
Homeowners Insurance Agent Directory
Aug 22 2005 // InsureMyHouse.com, an informational Web site about homeowners insurance, recently started an online directory of homeowners insurance agents. The directory started in Pennsylvania and is now open to all 50 states....
Surprising Share of Workers’ Comp Cases Involve ‘Adverse Surprise’ Costs
Aug 8 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states,...
Surprising Share of Workers’ Comp Cases Involve ‘Adverse Surprise’ Costs
Aug 8 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states,...
Indiana-Based Insurance Scammers Get Fla. Prison Time
Aug 5 2005 // The operators of an Indiana-based insurance company that left 7,200 people with unpaid medical claims in one of the costliest, most extensive fraud schemes in Florida were sentenced to prison Wednesday, Florida officials...
‘Adverse Surprise’ Workers Comp Cases Consume 40% of Medical Costs
Jul 21 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 to 40 percent of medical costs in most states, according to a...
LWCC RETURNS $15.8M IN DIVIDENDS
Jul 18 2005 // The Louisiana Workers’ Compensation Corporation for second year in a row declared a dividend and will return $15.8 million to qualifying policyholders this year. The company believes it to be the largest single...
MORE CHOICES IN HOMEOWNERS MARKET
Jul 18 2005 // The market for homeowners insurance in Louisiana is expanding, according to Associated Press and New Orleans Times-Picayune reports. More companies are apparently writing policies, and those that already were in the state...
JUNE HAILSTORMS TOTAL $18 MILLION IN INSURED DAMAGES
Jul 18 2005 // North Dakota Insurance Commissioner Jim Poolman reported that severe weather that ripped through the Dickinson area in Western North Dakota and the Langdon and Walhalla areas in Eastern North Dakota earlier this month has...
AUTO RATES UP 4% IN 2004
Jul 18 2005 // The average cost of an auto insurance policy in Michigan increased 4 percent in 2004, according to a study by the Insurance Institute of Michigan. The average auto insurance premium in 2004 was $1,130, compared to $1,086...
FCCI WINS $16 M JUDGMENT IN SUSPECTED FRAUD CASE
Jul 4 2005 // A Sarasota, Fla. Circuit Court has awarded FCCI Insurance Company a $16,174,977 judgment in a civil action dating back to 2002. The judgment against S&H Drywall of Inverness, Fla., and Premier Enterprises Unlimited of...
COMMISSIONER WITHDRAWS CONTROVERSIAL ‘SOLE-USE’ BULLETIN
Jun 20 2005 // Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s credit-based insurance scoring law to prohibit insurers from taking adverse...
TSLA TO HOLD MID-YEAR MEETING IN COLO.
Jun 20 2005 // The Texas Surplus Lines Association announced it will be hosting its 2005 Mid-Year Meeting at the Broadmoor Hotel in Colorado Springs, Colo., July 24-27. Scheduled speakers are: Paradigm Shift – Mike Jones, Mike...
News Briefs
Jun 20 2005 // INDIANA Commissioner Withdraws Controversial ‘Sole-Use’ Bulletin Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s...
