Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
AIA OPPOSES REGULATION TO RESTRICT INSURER’S USE OF CREDIT INFORMATION IN WYOMING:
May 3 2004 // A proposed regulation (Chapter 56) to restrict the use of credit-based insurance scores could actually cause unintended consequences for Wyoming consumers, according to the American Insurance Association (AIA)....
GOP INTRODUCES ASBESTOS LITIGATION REFORM IN U.S. SENATE:
May 3 2004 // Asbestos litigation reform legislation introduced recently by U.S. Senate Majority Leader Bill Frist (R-Tenn.) and Senate Judiciary Committee Chairman Orrin Hatch (R-Utah) represents a significant step forward in the...
MANDATED MEDICAL COVERAGE BILL IN COLORADO GOES DOWN:
May 3 2004 // Legislation that reportedly could have significantly increased automobile insurance premiums by forcing consumers to buy $35,000 in medical payments coverage was defeated in the Colorado House. “This legislation (HB...
ITC Releases Credit Ordering Capabilities From The TurboRater in Tennessee and Indiana
Apr 20 2004 // Insurance Technologies Corporation (ITC) is pleased to announce the release of real-time credit/risk scores (financial responsibility scores) from their comparative rating system (TurboRater) in Tennessee and Indiana. This...
WEST BEND MUTUAL REACHES $1 BILLION IN ASSETS:
Apr 19 2004 // West Bend Mutual Insurance Co. announced it reached a record $1 billion in assets during 2003, making it one of about 90 insurers to reach that level, according to a statement from the Wisconsin-based carrier. The company...
MANATEE COUNTY (FLA.) INDEPENDENT INSURANCE AGENTS ASSOC. MEMBERS LISTEN IN ON E&O LIABILITY ISSUES:
Apr 19 2004 // The Manatee County Independent Insurance Agents Association Inc. (Bradenton, Fla.) recently hosted two partners from the Phelps Dunbar, LLP law firm (Tampa office), who made a presentation regarding Error & Omissions...
MED-MAL CAPS ADVANCE IN IOWA, MO.:
Apr 5 2004 // Tort reform continued to advance in the Midwest as legislators in the House of Representatives in Iowa and Missouri passed measures that would put caps on noneconomic damages in medical liability cases. The Iowa House...
AIA OPPOSES LEGISLATION TO BAN USE OF CREDIT-BASED INSURANCE SCORES IN COLO.:
Apr 5 2004 // A proposal to ban use of credit-based insurance scores (HB 1292) would do severe harm to, and cause unintended consequences for, Colorado consumers, according to the American Insurance Association (AIA). “Removing...
ARIZ. DOI OFFERS LICENSING SERVICE IN FLAGSTAFF:
Apr 5 2004 // Beginning March 25, 2004, the Ariz. Department of Insurance will open its Flagstaff office every Thursday for northern Ariz. residents seeking licensing services and general insurance consumer assistance. Services are...
CINFIN VP REPORTED IN CRITICAL CARE AFTER AUTO CRASH:
Mar 22 2004 // Kenneth S. Miller, a senior vice president for insurer Cincinnati Financial Corp., was hospitalized in critical condition after an auto accident Feb. 29 in Fairfield, according to a statement released by the company....
TRG CLAIMS TO BE PAID IN ARK.:
Mar 22 2004 // Arkansas Insurance Commissioner Mike Pickens said agreements have been reached regarding the payment of outstanding claims for enrollees in the health plan of TRG Marketing LLC. National Health Plans Plus Inc. (NHPP) has...
InsureVianet Takes Comp Program to Mich., Ind.
Mar 16 2004 // A division of Chicago-based online broker InsuranceNoodle has introduced a new Internet-based small business workers’ compensation insurance program for agencies in Indiana in Michigan. The division, InsureVianet, is...
First Financial Buys Ind. Agency
Mar 10 2004 // Hamilton, Ohio-based First Financial Bancorp has purchased an insurance agency operation in Highland, Ind. The purchase arrangement was completed Feb. 1, 2004, and the agency is now operating as a full-service unit of...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
APCAPITAL LOSES $76 MILLION IN 2004:
Mar 8 2004 // East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. announced net income of $102,000, or 1 cent per share for the fourth quarter of 2003. For the year, the company reported a net loss of...
FLORIDA’S UNCLAIMED PROPERTY PROGRAM NEARS $1 BILLION IN HOLDINGS FOR RESIDENTS:
Feb 23 2004 // At a bimonthly meeting with the governor and other state Cabinet members, Florida Chief Financial Officer Tom Gallagher announced that the Department of Financial Services’ Bureau of Unclaimed Property is holding...
NO DISMISSAL IN HALLIBURTON CASE:
Feb 23 2004 // Halliburton announced that a judge in Pittsburgh, Penn. has ruled that insurers lack standing to bring motions seeking to dismiss the prepackaged reorganization cases filed by DII Industries, Kellogg Brown & Root...
NEW WORKERS’ COMP CARRIER IN CALIF.:
Feb 23 2004 // For the first time in almost two years, entrepreneurial interests are introducing a new carrier to the California workers’ comp market. Western Compensation Insurance Company, a California corporation, was formed in...
$6M RECOVERED IN OKLAHOMA:
Feb 9 2004 // The Oklahoma Department of Insurance recovered more than $6 million in underpaid insurance claims for consumers during 2003. According to Commissioner Carroll Fisher, an estimated 7,000 Oklahomans contacted the department...
NEVADA FIRST IN FRAUD CONVICTIONS:
Feb 9 2004 // Attorney General Brian Sandoval announced that the Nevada Department of Justice, Insurance Fraud Unit, obtained more convictions per capita than any other state. The statistics for insurance crimes were compiled by the...
