Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
TEXAS MUTUAL IN THE MONEY
Aug 19 2002 // Texas Mutual Insurance Company will be distributing some $22 million in dividends to qualifying policyholders for 2002. As in previous years, the 2002 plan includes an annual component for qualifying customers whose...
STATES SUE BANKS IN FRANKEL CASE
Aug 19 2002 // Five Southeastern states that lost $200 million to financier Martin Frankel’s reported insurance schemes filed suit against their banks, arguing those institutions should have been prepared for Frankel’s...
INSURERS EYE $120M PRICE TAG IN ARIZ
Aug 5 2002 // Insurers are expected to pay an estimated $120 million to home owners and businesses for insured-property losses from the Rodeo-Chediski Complex wildfire in Arizona, according to preliminary projections by the Insurance...
AIA LIKES NCOIL’s MOVES IN STATE REGULATION
Aug 5 2002 // According to the Alliance of American Insurers (AAI), the National Conference of Insurance Legislators (NCOIL) took a giant step toward improving uniformity in state regulation by formally adopting model legislation based...
INSURERS EYE $120M PRICE TAG IN ARIZ
Aug 5 2002 // Insurers are expected to pay an estimated $120 million to home owners and businesses for insured-property losses from the Rodeo-Chediski Complex wildfire in Arizona, according to preliminary projections by the Insurance...
AIA LIKES NCOIL’s MOVES IN STATE REGULATION
Aug 5 2002 // According to the Alliance of American Insurers (AAI), the National Conference of Insurance Legislators (NCOIL) took a giant step toward improving uniformity in state regulation by formally adopting model legislation based...
Ind. Department Holds Meeting on License Testing Program
Jun 19 2002 // The Indiana Department of Insurance will hold a public meeting June 28 to discuss the testing program for insurance licenses. Officials from the Department and representatives of Experior Assessments, LLC and the Kelley...
Ind. Farm Bureau Insurance Cos. Acquires Agway Insurance Co.
Jun 17 2002 // Indiana Farm Bureau Insurance Companies has reached a definitive agreement with Agway Inc. to acquire 100 percent of the stock of New York-based Agway Insurance Company, in a deal valued at $21 million. The transaction is...
Ind. to Hold Public Hearings on Agent CE, Credit Scoring
Jun 7 2002 // The Indiana Department of Insurance will hold back-to-back public hearings on two proposed rules on June 13. At 10:00 a.m. the department will hold a hearing on a proposed amendment to 760 IAC 1-50 regarding insurance...
Travelers Makes Available Online Billing Inquiry for Ind. Agents
May 20 2002 // Travelers independent agents now have a new, faster and easier way to access policyholder billing information for automobile and home insurance customers. The company has launched an online capability that enables...
CALIF. CITIES MAKE DUBIOUS TOP 10 IN AUTO-THEFT LIST
May 13 2002 // 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...
INTEREST IN PASTURE COVER GROWS
Apr 29 2002 // Federal agriculture officials are looking at the possibility of a national insurance program to permit ranchers to insure both pasture and rangeland against losses resulting from drought and other disasters, according to...
IICF EVENT MAY 3 IN SAN FRANCISCO
Apr 29 2002 // 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...
PETROSURANCE IN RECEIVERSHIP
Mar 25 2002 // Oklahoma District Court Judge Dan Owens, acting on a request by state insurance commissioner Carroll Fisher, placed Petrosurance Casualty Corp. of Arlington, Texas, into receivership after the discovery that the company is...
Gallant and Valor Ordered into Conservation in Ill.
Mar 19 2002 // Illinois Insurance Director Nathaniel Shapo announced that he obtained an Order of Conservation against Gallant and Valor Insurance Companies on Feb. 25, following the Department of Insurance’s determination that...
NAII States Political Muscle Moves Ind. Scoring Bill
Feb 25 2002 // According to the National Association of Independent Insurers (NAII) political maneuvering is keeping alive a burdensome and counterproductive bill that would require Indiana insurers to obtain prior approval of...
CREDIT SCORING CONSIDERED IN 21 STATES
Feb 25 2002 // As of Feb. 12, a total of 21 states had introduced bills that would ban or restrict the use of credit-based insurance scoring according to the National Association of Independent Insurers. State legislatures considering...
AUTO FRAUD STILL RAMPANT IN CALIF
Feb 11 2002 // A new investigation by the Bureau of Automotive Repair (BAR) reveals widespread billing fraud and repair defects have continued across California, according to the Los Angeles Times. The 18-month investigation was spawned...
Proposal to Suspend Cut in Ind. Premium Tax Passes House
Feb 8 2002 // Indiana’s massive budget bill, which includes a provision that would freeze the state insurance premium tax phase-down, narrowly passed the House this week. Current law sets up a premium tax reduction schedule that...
Ind. Committee Votes to Study Mold Issue
Jan 31 2002 // Members of the Indiana House Public Health Committee have scaled back a bill that would have directed state officials to recommend mold exposure limits and standards for the removal of mold. Instead, the revised measure...
