Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
FLEX RATING MODERNIZATION BILL SIGNED INTO LAW IN ALASKA:
Aug 22 2005 // The Property Casualty Insurers Association of American praised Gov. Frank Murkowski for signing into law legislation which will modernize and improve Alaska’s system for establishing rates for homeowners, auto and...
Homeowners Insurance Agent Directory
Aug 22 2005 // InsureMyHouse.com, an informational Web site about homeowners insurance, recently started an online directory of homeowners insurance agents. The directory started in Pennsylvania and is now open to all 50 states....
Surprising Share of Workers’ Comp Cases Involve ‘Adverse Surprise’ Costs
Aug 8 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states,...
Surprising Share of Workers’ Comp Cases Involve ‘Adverse Surprise’ Costs
Aug 8 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states,...
Indiana-Based Insurance Scammers Get Fla. Prison Time
Aug 5 2005 // The operators of an Indiana-based insurance company that left 7,200 people with unpaid medical claims in one of the costliest, most extensive fraud schemes in Florida were sentenced to prison Wednesday, Florida officials...
‘Adverse Surprise’ Workers Comp Cases Consume 40% of Medical Costs
Jul 21 2005 // Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 to 40 percent of medical costs in most states, according to a...
LWCC RETURNS $15.8M IN DIVIDENDS
Jul 18 2005 // The Louisiana Workers’ Compensation Corporation for second year in a row declared a dividend and will return $15.8 million to qualifying policyholders this year. The company believes it to be the largest single...
MORE CHOICES IN HOMEOWNERS MARKET
Jul 18 2005 // The market for homeowners insurance in Louisiana is expanding, according to Associated Press and New Orleans Times-Picayune reports. More companies are apparently writing policies, and those that already were in the state...
JUNE HAILSTORMS TOTAL $18 MILLION IN INSURED DAMAGES
Jul 18 2005 // North Dakota Insurance Commissioner Jim Poolman reported that severe weather that ripped through the Dickinson area in Western North Dakota and the Langdon and Walhalla areas in Eastern North Dakota earlier this month has...
AUTO RATES UP 4% IN 2004
Jul 18 2005 // The average cost of an auto insurance policy in Michigan increased 4 percent in 2004, according to a study by the Insurance Institute of Michigan. The average auto insurance premium in 2004 was $1,130, compared to $1,086...
FCCI WINS $16 M JUDGMENT IN SUSPECTED FRAUD CASE
Jul 4 2005 // A Sarasota, Fla. Circuit Court has awarded FCCI Insurance Company a $16,174,977 judgment in a civil action dating back to 2002. The judgment against S&H Drywall of Inverness, Fla., and Premier Enterprises Unlimited of...
COMMISSIONER WITHDRAWS CONTROVERSIAL ‘SOLE-USE’ BULLETIN
Jun 20 2005 // Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s credit-based insurance scoring law to prohibit insurers from taking adverse...
TSLA TO HOLD MID-YEAR MEETING IN COLO.
Jun 20 2005 // The Texas Surplus Lines Association announced it will be hosting its 2005 Mid-Year Meeting at the Broadmoor Hotel in Colorado Springs, Colo., July 24-27. Scheduled speakers are: Paradigm Shift – Mike Jones, Mike...
News Briefs
Jun 20 2005 // INDIANA Commissioner Withdraws Controversial ‘Sole-Use’ Bulletin Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s...
INSURERS LOSE IN STRINGFELLOW ACID PITS JURY TRIAL:
Jun 6 2005 // Insurance companies must pay to clean up a hazardous waste dump, the Stringfellow Acid Pits. A Riverside County, California jury on May 16, 2005 found in favor of the State of California and against CNA, Wausau, Yosemite,...
CONNING: LOOK FOR P/C UNDERWRITING PROFIT AGAIN IN 2005
May 23 2005 // The property/casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-$14 billion, according to a new study by Conning Research and Consulting Inc. However, the...
JURY REACHES PARTIAL VERDICT IN EXECUTIVE LIFE CASE:
May 23 2005 // A jury reached a partial verdict in the case involving the illegal takeover of failed insurer Executive Life Insurance Company on May 9, according to the Associated Press. The jury reached seven of eight verdicts, U.S....
POWELL, RIDGE AND OXLEY TO ADDRESS INSURERS IN CHICAGO
May 9 2005 // Former Secretary of State Colin Powell, former Secretary of Homeland Security Tom Ridge and U.S. Rep. Mike Oxley (R-Ohio) will be the featured speakers at the 2005 Property Casualty Insurers Association of America’s...
AG PETRO GETS IN ON AIG LAWSUIT
May 9 2005 // Ohio Attorney General Jim Petro is expanding the scope of the securities fraud class action lawsuit currently pending against American International Group and others by filing an amended complaint in federal court in New...
HIGH RISK CHALLENGE IN COURT:
May 9 2005 // Massachusetts insurance company trade associations and companies recently filed a friend of the court brief defending the reforms of the state’s auto insurance system pursued by Insurance Commissioner Julianne...
