Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
The Guaranty Fund System: A Vital Safety Net
Jul 22 2004 // Suzanne Sahakian Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and...
N.Y. FAIR PLAN BACK IN BUSINESS:
Jul 19 2004 // After nearly nine weeks of being suspended, operations at the New York property insurance residual market are back. The suspension of the New York Property Insurance Underwriting Association, also known as the Fair Plan,...
COMMISSION: MED-MAL CRISIS HURTING DOCTOR RECRUITMENT IN OHIO:
Jul 19 2004 // Patients in southeastern and northeastern Ohio are feeling the impact of the medical malpractice crisis according to several doctors who testified before the Ohio Medical Malpractice Commission at the Ohio Department of...
The Guaranty Fund System: A Vital Safety Net
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
ASCNET’S 19TH ANNUAL ‘TENCON’ SET FOR OCT. 5-9 IN ORLANDO:
Jul 19 2004 // Applied Systems Client Network (ASCnet), the user group for Applied Systems agency technology, announced that registration is open for the 2004 ASCnet TENCon – its 19th Annual Technology, Education and Networking...
ALABAMA GOV. NOTES MORE THAN $5.2 MILLION IN FEDERAL DISASTER FUNDS FOR CITY OF BIRMINGHAM:
Jul 19 2004 // Alabama Gov. Bob Riley announced more than $5.2 million in federal funding for the City of Birmingham as part of the Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program. The funding is a result of...
ACIC DISAPPOINTED IN CALIF. SUPREME COURT ACTION:
Jul 19 2004 // The Association of California Insurance Companies (ACIC) expressed disappointment in the decision by the California Supreme Court not to review a key case related to insurance rate regulation in the state. The Court...
STATE FARM LOWERS RATES IN COLO.:
Jul 5 2004 // State Farm Mutual Automobile Insurance Co. said it will lower its rates in Colorado by 5.9 percent starting July 1, according to the Greeley Tribune. The rate decreases will affect thousands of people living in Colorado....
Ind. Governor Says 13 Additional Counties Now Eligible for Federal Disaster Aid
Jun 23 2004 // Federal emergency management officials have added 13 Indiana counties to the list of those eligible to receive assistance from the late-May storms and more recent flooding, Gov. Joe Kernan said. This brings the total...
IND. DOI, AG DISAGREE ON WHAT ‘SOLE USE’ OF CREDIT MEANS:
Jun 21 2004 // Indiana’s attorney general recently released an advisory opinion that directly butts heads with an earlier bulletin from the state’s insurance department on the meaning of “sole use” in...
LOUISIANA JURY AWARDS $591M IN TOBACCO CASE:
Jun 21 2004 // A Louisiana state court jury ruled in a class-action suit that the tobacco industry must pay a little more than $591 million to fund a 10-year program to help smokers in the state shake the habit. The same jury found in...
TENNESSEE SENATORS NOTE $10.9 MILLION IN HUD DISASTER ASSISTANCE ON TORNADO ANNIVERSARY:
Jun 7 2004 // U.S. Senators Bill Frist (R-Tenn.) and Lamar Alexander (R-Tenn.) recently announced that the City of Jackson will receive $10.9 million from the Department of Housing and Urban Development to help rebuild public housing...
PLATTE RIVER APPROVED FOR HOSPITAL LIABILITY IN OKLAHOMA:
Jun 7 2004 // Darwin Professional Underwriters Inc. (Darwin) announced that an affiliate, Platte River Insurance Company, has gained the approval of the Oklahoma Department of Insurance to write hospital professional liability coverage...
BURGLARIES ON THE RISE IN TEXAS:
Jun 7 2004 // An insurance industry trade group reported that many Texas cities experienced a noticeable increase in the number of burglaries in 2003 as compared to 2002. Jerry Johns, president of Southwestern Insurance Information...
PLICO TO RAISE RATES IN OKLAHOMA:
Jun 7 2004 // Physicians Liability Insurance Corporation (PLICO), a nonprofit insurer that provides liability coverage to Oklahoma doctors plans to increase its rates this summer, but said it won’t raise premiums again until 2007....
WCIRB SUBMITS EVALUATION OF SB 899 AND PROPOSED REDUCTION IN PURE PREMIUM RATES:
Jun 7 2004 // At the California Department of Insurance (CDI) public hearing on May 13, the WCIRB submitted its July 1, 2004 regulatory filing reflecting the WCIRB’s analysis of the provisions of Senate Bill 899 and the impact of...
NO FALSE ALARMS IN N.J. DORMS:
May 17 2004 // Rutgers University in New Brunswick, N.J. was able to complete fire sprinkler installations in its dormitories several months ahead of a state deadline by working year-round, campus officials said. New Jersey passed the...
REPORT SAYS HIGHWAY DEATHS ROSE IN 2003:
May 17 2004 // The nation’s report on fatalities shows there were 43,220 deaths overall on U.S. highways in 2003, up from 42,815 in 2002. At the same time, injuries from motor vehicle crashes declined slightly in 2003, to the...
TORT REFORM BILL MOVING IN GEORGIA LEGISLATURE:
May 3 2004 // The Georgia Senate has passed a tort reform bill designed to address the state’s growing hospital and medical malpractice insurance liability crisis. The Senate passed H.B. 1028 recently on a 36-to-17 vote, and the...
UNDER SUPERVISION IN OKLAHOMA:
May 3 2004 // Oklahoma Insurance Commissioner Carroll Fisher announced that medical malpractice insurers, Physicians Liability Insurance Co. (PLICO) and Hospital Casualty Co., have been placed under formal supervision by the Oklahoma...
