Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
MURDER CHARGED IN SLAYING OF TAMPA INSURANCE ADJUSTER:
Dec 6 2004 // Charges of murder and of sexual battery have been filed in the Nov. 12 slaying of an insurance adjuster who went to inspect a hurricane-damaged rental home. Jason M. Funk, 27, the home’s tenant, was initially...
JUDGE RULES AGAINST MUTUAL BENEFITS IN FAVOR OF SEC:
Dec 6 2004 // A federal magistrate judge has upheld U.S. Securities and Exchange Commission (SEC) findings that Mutual Benefits Corporation (MBC), the nation’s largest viatical settlement company, engaged in violations of...
N.C. HAS 8TH LOWEST AUTO RATES IN U.S.:
Nov 22 2004 // A National Association of Insurance Commissioners report comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an...
LA. MAN BURNED IN CAMP FIRE SCHEME:
Nov 22 2004 // Dennis Ingles, of Haughton, La., was convicted recently of one count of conspiracy, four counts of mail fraud, and one count of wire fraud, according to U. S. Attorney Donald Washington. The conviction arose out of a...
K&B OPENS FOR BUSINESS IN VA.:
Nov 22 2004 // Retail insurance agents have a new brokerage resource: K&B Underwriters LLC, of Fairfax, Va. Founded by insurance veteran Bryan Baird, K&B is a wholesale brokerage. K&B’s initial focus will be the...
CONSTRUCTION DEFECT LEGISLATION DEFEATED IN COLO.:
Nov 22 2004 // Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the...
N.C. RESIDENTS RECEIVE MORE THAN $8.5 MILLION IN DISASTER AID:
Nov 8 2004 // Officials of the Department of Homeland Security’s Federal Emergency Management Agency (FEMA) and the North Carolina Department of Crime Control and Public Safety’s Division of Emergency Management (CCPS-DEM)...
ORE. DRIVERS SEE LESS IN AUTO PREMIUMS:
Nov 8 2004 // Oregon drivers are reportedly spending less than the national average for personal automobile insurance, according to a recent report comparing premiums nationwide. The estimated average expenditure per insured vehicle for...
MASS. AGENTS IN COMMISSION FIGHT:
Oct 25 2004 // The Mass. Attorney General has recommended that agents’ auto insurance commissions be frozen at $114 per vehicle until further proof of agencies’ actual expenses is made available. The AG is pressing for...
PAWTUCKET MUTUAL CANCELS IN N.Y.:
Oct 25 2004 // The New York Supreme Court recently affirmed the position of Rhode Island regulators that decisions on policy cancellations involving a rehabilitating insurer must be handled within their state rehabilitation court and not...
HURRICANE IVAN LOSSES IN ALABAMA $279M TO $325M:
Oct 25 2004 // Alabama-based The Alfa Insurance Group and Alfa Corporation have commented on the effects of Hurricane Ivan. “Hurricane Ivan had a significant impact on certain counties in Alabama and created a large number of...
NOV. 9-11 EDUCATIONAL EXPOS IN FLORIDA:
Oct 25 2004 // Infinity University has scheduled Education Expos across Florida in November with educational exhibits, CE classes, professional field underwriting classes and business sessions presented by Tom Freeland and Michael Hurst....
GREEN LIGHT FOR RED LIGHT CAMERAS IN PA.’
Oct 11 2004 // Cameras watching intersections to deter drivers from running red lights may have an unwanted side effect, an increase in rear-end collisions, some studies show. In some cases, drivers who fear they’ll be caught on...
MD. DOCS HALT SURGERY IN PROTEST:
Oct 11 2004 // Physicians in northwest Maryland plan to halt non-emergency surgeries for at least two weeks to protest a 33 percent increase in malpractice premiums. The Maryland Insurance Administration approved the increase for 2005...
COMP WEST LAUNCHES WORKERS’ COMP OPS IN CALIF.:
Oct 11 2004 // CompWest Insurance Company announced that it has been licensed as a workers’ compensation insurer by the California Department of Insurance, responding to the significant capacity shortage in the California market....
WCIRB RECOMMENDS 3.5 PERCENT INCREASE IN RATES:
Oct 11 2004 // At a Department of Insurance rate hearing in San Francisco on Sept. 15, the Workers’ Compensation Insurance Rating Bureau recommended that insurers raise workers’ comp rates by 3.5 percent in January 2005....
IND. SUPREME COURT TO DECIDE ‘DIMINISHED VALUE’ CASE:
Oct 11 2004 // A class–action case before the Indiana Supreme Court tests the question of whether an insurer is obligated to pay not only the cost of repairs but also an additional amount for the “diminished value”...
FATAL WORK INJURIES DROP IN MINN.:
Oct 11 2004 // Seventy–two fatal work injuries were recorded in Minnesota in 2003, a decrease of nine cases from 2002, according to the Census of Fatal Occupational Injuries, conducted by the Bureau of Labor Statistics. The total...
RATE HIKES IN LOUISIANA:
Oct 11 2004 // Some southern Louisiana residents will see average rate hikes of 27 percent for homeowners insurance and some may pay 50 percent more, as a result of the Louisiana Insurance Rating Commission’s approval of a new...
TWCC IMPOSES NEARLY $2M IN FINES:
Oct 11 2004 // The Texas Workers’ Compensation Commission issued penalties totaling almost $2 million between Sept. 1, 2003 and Aug. 31, 2004, for administrative violations committed by system participants. A total of 2,195 Notices...
