Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
COMP WEST LAUNCHES WORKERS’ COMP OPS IN CALIF.:
Oct 11 2004 // CompWest Insurance Company announced that it has been licensed as a workers’ compensation insurer by the California Department of Insurance, responding to the significant capacity shortage in the California market....
WCIRB RECOMMENDS 3.5 PERCENT INCREASE IN RATES:
Oct 11 2004 // At a Department of Insurance rate hearing in San Francisco on Sept. 15, the Workers’ Compensation Insurance Rating Bureau recommended that insurers raise workers’ comp rates by 3.5 percent in January 2005....
IND. SUPREME COURT TO DECIDE ‘DIMINISHED VALUE’ CASE:
Oct 11 2004 // A class–action case before the Indiana Supreme Court tests the question of whether an insurer is obligated to pay not only the cost of repairs but also an additional amount for the “diminished value”...
FATAL WORK INJURIES DROP IN MINN.:
Oct 11 2004 // Seventy–two fatal work injuries were recorded in Minnesota in 2003, a decrease of nine cases from 2002, according to the Census of Fatal Occupational Injuries, conducted by the Bureau of Labor Statistics. The total...
RATE HIKES IN LOUISIANA:
Oct 11 2004 // Some southern Louisiana residents will see average rate hikes of 27 percent for homeowners insurance and some may pay 50 percent more, as a result of the Louisiana Insurance Rating Commission’s approval of a new...
TWCC IMPOSES NEARLY $2M IN FINES:
Oct 11 2004 // The Texas Workers’ Compensation Commission issued penalties totaling almost $2 million between Sept. 1, 2003 and Aug. 31, 2004, for administrative violations committed by system participants. A total of 2,195 Notices...
MOBILE HOMES BEAR BRUNT OF HURRICANE DAMAGE IN FLORIDA:
Oct 11 2004 // Despite improvements in construction and safety standards since Hurricane Andrew, damage to mobile homes in the paths of recent hurricanes was significant according to the Property Casualty Insurers Association of America...
FLORIDA WORKPLACE FATALITIES FALL IN 2003:
Oct 11 2004 // According to a joint federal and state survey, Florida workplaces had seven fewer fatal accidents in 2003 than the previous year, including a decrease in the number of Hispanic workers killed. The Census of Fatal...
ARSONIST SUSPECTED IN D.C., MD., VA.:
Sep 20 2004 // Members of the Arson Task Force are investigating a recent Fairfax County house fire to see if it was the work of the Washington region’s serial arsonist. Firefighters were called to a single family home in the...
INSURER GROUPS FILE AMICUS BRIEF IN STUDEBAKER CASE:
Sep 20 2004 // The Property Casualty Insurers Association of America (PCI) and the Insurance Institute of Indiana recently filed an amicus brief in The City of South Bend, Ind. vs. Century Indemnity Company, et. al., to be heard by the...
WASH. L&I PROPOSES SMALL INCREASE IN WORKERS’ COMP RATES IN 2005:
Sep 20 2004 // Workers’ compensation premiums would increase an average of only 3.7 percent next year under a proposal issued by the Washington Department of Labor and Industries (L&I). The increase is the lowest in three...
Ind. ‘Diminished Value’ Class-Action Case Could Set Dangerous Precedent, Insurers Argue
Sep 14 2004 // Indiana Supreme Court justices should carefully consider the impact that a class-action case regarding compensation for the diminished value of a vehicle could have on numerous insurance policies and premiums—and...
BLACK INSURANCE PROS TO CONVENE IN CHICAGO:
Sep 6 2004 // The Washington, D.C.-based National African-American Insurance Association (NAAIA) announced that its 2004 national conference will be held Sept. 16-18 at the Palmer House Hilton in Chicago. Hundreds of independent agents,...
ALLSTATE TO PAY $60M IN REFUNDS:
Sep 6 2004 // Allstate Texas Lloyds, an affiliate of the Allstate Corporation will issue refunds of 8.75 percent of the premium paid by its Texas home insurance customers for policies with effective dates from Sept. 7, 2003 through...
COLORADO HAILSTORMS CAUSE MILLIONS OF DOLLARS IN DAMAGE:
Sep 6 2004 // A Colorado hailstorm left farmers and residents with damage amounting to millions of dollars, according to the Rocky Mountain Insurance Information Association. The insurance industry estimated that the hailstorms that...
WORK COMP PAYMENTS GREW FASTER THAN WAGES FOR SECOND YEAR IN A ROW:
Sep 6 2004 // Total payments for workers’ compensation rose faster than wages in 2002 for the second year in a row, according to a new report released today by the National Academy of Social Insurance (NASI). In 2002, total...
Insurer Groups File Amicus Brief in Studebaker Case
Aug 31 2004 // The Property Casualty Insurers Association of America (PCI) and the Insurance Institute of Indiana recently filed an amicus brief in The City of South Bend, Ind. vs. Century Indemnity Company, et. al., to be heard by the...
GEORGIA COMM. REPORTS 43,000 RESIDENTS HELPED TO DATE IN 2004; $7.9 MILLION IN CLAIMS RECOVERED:
Aug 23 2004 // In the first half of 2004, Georgia Insurance Commissioner John Oxendine’s Consumer Services Division helped more than 43,000 Georgia residents settle disputes with their insurance companies, returning $7,900,840 in...
HOSPITAL CASUALTY IN RECEIVERSHIP:
Aug 23 2004 // Oklahoma Insurance Commissioner Carroll Fisher placed Hospital Casualty Co. into receivership after its Board of Directors requested the action. Hospital Casualty provides medical liability insurance to hospitals and...
C&D ORDER ISSUED IN LOUISIANA:
Aug 23 2004 // The Louisiana Department of Insurance shut down a Jena, La. insurance producer and issued a Cease and Desist order, along with a summary suspension of her insurance license, for allegedly misappropriating premium dollars...
