Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
Bill Creating Fraud Unit Introduced in Indiana
Jan 29 2002 // A bill that would create an insurance fraud unit dedicated to investigating and preventing insurance fraud has been introduced in the Indiana Legislature. Under HB 1374, which was introduced by state Rep. Mike Smith, a...
NAII Says 4 Ind. Bills Would Unfairly Hamper Insurance Scoring Practices
Jan 23 2002 // Proposed laws that severely limit or ban the use of credit-based insurance scoring-which could result in higher rates for most consumers — are gaining momentum in the Indiana Legislature. Senate Bill 409, which would...
ARK. EXECS. CHARGED IN FRANKEL CASE
Jan 14 2002 // Arkansas Insurance Commissioner Mike Pickens and Pulaski County Prosecuting Attorney Larry Jegley announced three insurance agents have been charged in connection with Martin Frankel’s alleged theft of $200 million...
Indiana Producer Licensing Renewal Deadline Extended
Jan 9 2002 // The Indiana Department of Insurance announced that due to legislative changes effective Jan. 1, the renewal invoices for licenses expiring in January and February are being mailed out the second week in January. Licensees...
MOLD EXCLUSION FILINGS IN FLA.
Dec 17 2001 // Fifty commercial and residential property carriers filed for exclusions with Florida State regulators to protect themselves against toxic mold problems like those that have embroiled the Texas market. However, according to...
ALLSTATE GETS RATE HIKE IN OKLA.
Dec 17 2001 // Allstate received a 30 percent homeowners insurance rate increase in Oklahoma, the largest premium increase in that state since the 1980s. According to BestWire, Allstate lost money in Oklahoma in five of the last six...
IJ SITE LANDS 8.3M HITS IN SEPT.
Nov 5 2001 // InsuranceJournal.com continues to strengthen its position as the insurance industry’s portal of choice, as demonstrated by the 8.3 million hits the site received in the month of September. The number of unique users...
IIAA Recognizes Presidential Citation Recipients, Young Agents, State Associations and Individual In
Oct 30 2001 // Independent Insurance Agents of America (IIAA) President William F. Hofmann III, bestowed special IIAA Presidential Citations awards to several deserving individuals for their outstanding contributions on behalf of the...
PENN TREATY SUSPENDED IN AZ
Sep 24 2001 // Arizona Insurance Director Charles Cohen suspended the license of Penn Treaty Network America Insurance Company, prohibiting the company from issuing any new policies in the state. The action came as a result of a finding...
TEXAS LEADS IN WC COSTS
Sep 17 2001 // Texas had the highest average total cost per workers’ compensation claim ($14,465) of eight states reviewed in an independent study released by the Workers’ Compensation Research Institute (WCRI),...
Conseco Sues Six DO Insurers Over Litigation Coverage
Sep 11 2001 // Conseco Inc. is suing six of its own insurers, claiming they are attempting to dodge legitimate potential claims on directors and officers policies bought by the Indianapolis-based insurer. In its annual 10-Q filing with...
FBI ARRESTS PRIEST IN FRANKEL CASE
Sep 10 2001 // Monsignor Emilio Colagiovanni, an 81-year-old Catholic Priest, is being held in Bridgeport, Conn., following his arrest by FBI agents in connection with the investigation of the multi-million dollar fraud and embezzlement...
TROUBLES IN N.J. AUTO
Jun 25 2001 // State Farm Indemnity announced its intention to stop writing automobile business in New Jersey, pending approval from state regulators, which could take years to complete. Last October, the company applied for a 16.8...
TDI FINES TOTAL $112,000 IN MAY
Jun 18 2001 // The Texas Department of Insurance has issued a list of enforcement actions taken by Comm-issioner Jose Montemayor that became final during May. The actions include nine license revocations, one license denial and fines...
IIAT SCHEDULES CONTRACTS WORK-SHOPS IN AUSTIN, DALLAS AND HOUSTON
Jun 18 2001 // The Independent Insurance Agents of Texas has scheduled several July workshops entitled “Contracts, Leases, Add-itional Insureds and Certificates.” The workshops will take place in Austin on July 10, Dallas on...
ING UPS STAKE IN SEGUROS
Jun 18 2001 // Comercial America: Dutch financial services conglomerate ING Group said it has agreed to buy an additional 45 percent stake in Seguros Comercial America (SCA) for $791 million. The deal is part of a step taken in February...
CALIF. CITIES MAKE DUBIOUS TOP 10 IN AUTO-THEFT LIST
May 13 2001 // Fresno, Calif., Sacramento, Calif., and Stockton, Calif. made a rather unwanted list—the top 10 in a study and list naming the metropolitan areas with the most auto thefts in the nation for 2001—according to the San...
CFS to Acquire Lundeberg Insurance
May 11 2001 // CFS Insurance Agency, Inc. (CFS Insurance), a wholly owned subsidiary of Citizens Financial Services, FSB (Citizens), agreed to acquire Lundeberg Insurance Associates, Inc. (Lundeberg Insurance) of Highland, Indiana...
IICF EVENT MAY 3 IN SAN FRANCISCO
Apr 29 2001 // Senior members of the nation’s insurance industry will meet in San Francisco Friday, May 3, to celebrate the Insurance Industry Charitable Fund (IICF), its annual campaign to distribute more than $1 million to a...
IWIX.NET THROWS IN THE TOWEL
Apr 23 2001 // The Internet-based specialty insurance transaction facility, iwix.net, announced it is no longer accepting new members or risks. The company stated that its current 43 carrier/managing general agent partners and 3,100...
