Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
NO DIMINISHED VALUE IN TEXAS:
Nov 3 2003 // The Texas Supreme Court overturned a lower court ruling and found that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. According to the National...
MED-MAL HEARING IN OKLAHOMA:
Nov 3 2003 // Oklahoma Insurance Commissioner Carroll Fisher will conduct a hearing Nov. 18 on a proposed increase in medical malpractice insurance rates filed by Physicians Liability Insurance Co. Under a recently enacted state law,...
Ind. Young Agents Again Dominate IIABA Awards
Oct 14 2003 // For the fourth consecutive year, the Indiana Young Agents Committee (YAC) enjoyed a tremendous amount of success in the Independent Insurance Agents and Brokers of America (IIABA) annual Young Agents Committee national...
N.C. Ind. Agents Team Up with Local Fire Departments, Schools to Promote Fire Safety
Oct 6 2003 // Young children are reportedly twice as likely to die in fires as are older children and adults. Statistics show that for young children, fires and burns are the leading cause of unintentional injury. Why? Many young...
S&P REPORTS MARINE HULL RATES SET TO PEAK IN 2005
Oct 6 2003 // Standard & Poor’s reported that rates across the global marine hull insurance market look set to peak in 2005, a year later than previously expected. It noted, however, that although this promised a...
Chubb Appoints Ind. Branch Manager
Sep 23 2003 // The Chubb Group of Insurance Cos. has appointed Allison Meta manager of its Indianapolis branch office. Meta, an assistant vice president of Chubb & Son, joined Chubb in 1994 as a senior underwriter for Chubb Custom...
MOLD LEGISLATION SLOWS TO A CRAWL IN STATEHOUSES, ALLIANCE SAYS
Sep 22 2003 // Despite an initial rush of proposed legislation aimed at dealing with the problems related to mold claims and homeowners insurance, very few bills have been enacted in 2003, according to the Alliance of American Insurers....
AMERICAN FAMILY INS. AUTO RATES TO INCREASE IN NEV
Sep 22 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile...
AGENCY OWNERS ARRESTED IN LA.
Sep 22 2003 // Two Louisiana insurance agents, Jonathan Horace Jones and his wife Cindy Marie Jones, both of New Iberia, were arrested and their insurance agency was shut down for alleged misappropriation of insurance funds. Department...
NO RISE IN OKLA. WC RATES
Sep 22 2003 // The Oklahoma State Board for Property and Casualty Rates voted to hold the line on a key component of workers’ compensation rates, at least for the next year. The 4-1 decision came after nearly 10 hours of hearings...
JUMP LIKELY IN RESIDENCE RATES
Sep 22 2003 // Rapidly rising construction costs prices, home remodeling and increasingly expensive natural disasters are expected to push the cost of homeowners insurance up by eight percent in 2004, according to a report by the...
Top Ind. Court Rules in Agent’s Favor
Sep 10 2003 // The Indiana Supreme Court has denied the appellee’s petition to transfer the jurisdiction of the DeHays/Pretzels case involving an agent’s duty to disclose from the Court of Appeals to the Indiana Supreme...
RACES ARE ON IN LA.
Sep 8 2003 // The races for Louisiana political offices, statewide and local, got underway as candidates completed the filing hurdle and were officially “qualified” to run. The statewide general election will be on Nov. 15....
CPCUs IN THE BIG EASY
Sep 8 2003 // CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 59th Annual Meeting and Seminars, taking place in New Orleans, Oct. 11-14. The Annual Meeting’s Property and...
BILL BANNING INSURANCE SCORES FAILS IN CALIF. ASSEMBLY COMM.
Aug 4 2003 // California Senate Bill 691 failed to pass the state Assembly Insurance Committee recently, legislation that would have reportedly banned the use of credit-based insurance scores for underwriting and rating homeowners...
BILL’S DAMAGES ‘MINIMAL’ IN LA.:
Jul 21 2003 // Louisiana Commissioner of Insurance Robert Wooley said preliminary estimates show Tropical Storm Bill caused around $16 million in insured damages in Louisiana. Included in that figure are federal flood insurance claims....
P/C SYMPOSIUM IN AUSTIN TO EXAMINE REFORM LEGISLATION
Jul 7 2003 // Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. Three hundred industry representatives plan...
INSURBANC OPENS IN TEXAS
Jul 7 2003 // InsurBanc, the banking arm of the Independent Insurance Agents & Brokers of America, is now available to Independent Insurance Agents of Texas members. According to the IIAT, the full service bank marked its second...
STATE FARM HOMEOWNER RATES INCREASE IN NEV:
Jun 23 2003 // Nevada Insurance Commissioner Alice Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
OKLA. AGENCY IN SUPERVISION:
Jun 23 2003 // Oklahoma Insurance Commissioner Carroll Fisher placed a Bethany insurance agency under supervision after charges surfaced that its owner may have stolen more than $100,000 from her customers in the form of hidden refunds....
