Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
A.M. BEST E&S REVIEW REPORTS 35 PERCENT INCREASE IN DIRECT PREMIUM VOLUME
Oct 28 2002 // The U.S. excess and surplus lines market reported a 35 percent increase in direct premium volume in 2001, according to the “Annual Review of the Excess & Surplus Lines Industry-September 2002,” released by...
ALLEGED FRAUD IN GUN BARREL CITY
Oct 28 2002 // Texas Mutual Insurance Co. reported that a Travis County Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium...
12 ARRESTED IN LA. SWEEP
Oct 28 2002 // The Louisiana Attorney General’s Office Investigations Division announced that a statewide sweep resulted in the arrests of 12 people for allegedly falsifying workers’ compensation documents and, in some cases,...
SAFECO Invites Ind. Agents and Advisors to PlayBall
Oct 23 2002 // SAFECO has invited independent agents and financial advisors countrywide to nominate a local park or youth baseball field that needs a new electronic scoreboard in the agent’s community through its PlayBall...
Indiana Cases Focus on ‘Diminished Value’ Claims
Oct 22 2002 // An Indiana resident has filed suit in Federal Court in Indianapolis against his insurance company, alleging that, although his car was repaired after an accident, he was unable to obtain a reasonable price for it, and...
Horizon Sells Commercial Insurance Lines To GIS
Oct 22 2002 // Indiana’s Horizon Insurance Services, Inc. (HIS), a subsidiary of Horizon Bancorp, announced that it has sold its commercial and group insurance lines to General Insurance Service (GIS) effective Nov. 1, 2002. The...
NAMIC Expands State Advocacy Resources
Oct 14 2002 // Responding to the reported frustrations of member companies burdened by the cost of state insurance regulation, the National Association of Mutual Insurance Companies (NAMIC) has named Marsha Harrison, formerly vice...
WEISS REPORTS P/C INSURERS POST $5.5B PROFIT IN 1stQ 2002
Oct 14 2002 // The nation’s property and casualty insurers reported a $5.5 billion profit for the first three months of 2002, representing a $260 million, or 4.9 percent, increase over the same period last year, according to Weiss...
COLONIAL CASUALTY IN TROUBLE
Oct 14 2002 // A Travis County Grand Jury handed down indictments to a Texas couple alleging that the two stole over $1 million from Colonial Casualty Insurance Company, a workers compensation insurance company based in Dallas. The...
LILI, ISIDORE WREAK HAVOC IN LA.
Oct 14 2002 // Acting Louisiana Insurance Commissioner Robert Wooley estimated damages to his state from Hurricane Lili to be at least $170 million in insured losses but lowered estimated insured damages from Tropical Storm Isidore to...
STATE FARM GETS INCREASES IN LA.
Sep 30 2002 // The Louisiana Insurance Rating Commission approved a 14 percent increase in automobile insurance rates for State Farm Mutual Automobile Insurance Co. and a 19 percent rate hike for State Farm Fire & Casualty Co. The...
Indiana Tornado Losses Will Prove Costly
Sep 25 2002 // The tornadoes that ripped through Indiana last week will prove costly. Preliminary estimates put the costs of repairing the damages in Marion County alone at $29,797,800. An article in the Indianapolis Star reported that a...
Eight Receive 2001, 2002 NAMIC Service Awards
Sep 24 2002 // Due to the cancellation of its 2001 convention after 9/11, recipients of both the 2001 and 2002 NAMIC Service Awards were honored during the business meeting of the 107th convention of the National Association of Mutual...
Indiana Tornado Causes Widespread Damage, No Lives Lost
Sep 23 2002 // A series of powerful tornadoes ripped through central Indiana on Friday afternoon causing widespread damage, but miraculously no lives were lost and no serious injuries were reported. The storms, which are unusual at this...
IIABA Gives Indiana Young Agents Third Consecutive Award
Sep 23 2002 // The Young Agents Committee of the Independent Insurance Agents & Brokers of America (IIABA) has presented its highest young agents accolade to the Young Agents Committee of the Independent Insurance Agents of Indiana...
NEV. COUPLE AWARDED $4M IN MED-MAL PRACTICE SUIT
Sep 16 2002 // A Las Vegas couple will receive $4 million in a medical malpractice lawsuit, marking the first significant verdict against a doctor since Nevada lawmakers put into effect tort reform, according to the Associated Press. A...
C&D ORDER ISSUED IN ARKANSAS
Sep 16 2002 // Arkansas State Insurance Commissioner Mike Pickens issued a Cease and Desist Order to AMS Staff Leasing NA Inc., a company that the insurance department alleges had been illegally offering workers’ compensation...
Indiana Farmers Mutual to Use Duck Creek Software
Sep 11 2002 // Missouri-based Duck Creek Technologies, Inc., a provider of product management software and services to the insurance industry, announced that Indiana Farmers Mutual Insurance Group has selected its EXAMPLE Platform...
WORKERS’ COMP PROBLEMS ADDRES-SED IN REGULATIONS
Sep 2 2002 // Modifications to a final medical privacy rule issued by the U.S. Department of Health and Human Services (HHS) stopped short of resolving concerns that workers’ compensation carriers and employers have with the...
BIG WORKERS’ COMP AWARD IN OK.
Sep 2 2002 // A Mayes County, Okla., District Court jury ordered Transwood Inc., a national trucking company headquartered in Omaha, Neb., to pay its Pryor, Okla. office assistant/part-time driver $2.176 million in a wrongful...
