Latest Indiana Headlines

All the headlines from our Indiana Topic Page, ordered by recency.

ACIC DISAPPOINTED IN CALIF. SUPREME COURT ACTION:

Jul 19 2004 // The Association of California Insurance Companies (ACIC) expressed disappointment in the decision by the California Supreme Court not to review a key case related to insurance rate regulation in the state. The Court...

STATE FARM LOWERS RATES IN COLO.:

Jul 5 2004 // State Farm Mutual Automobile Insurance Co. said it will lower its rates in Colorado by 5.9 percent starting July 1, according to the Greeley Tribune. The rate decreases will affect thousands of people living in Colorado....

Ind. Governor Says 13 Additional Counties Now Eligible for Federal Disaster Aid

Jun 23 2004 // Federal emergency management officials have added 13 Indiana counties to the list of those eligible to receive assistance from the late-May storms and more recent flooding, Gov. Joe Kernan said. This brings the total...

IND. DOI, AG DISAGREE ON WHAT ‘SOLE USE’ OF CREDIT MEANS:

Jun 21 2004 // Indiana’s attorney general recently released an advisory opinion that directly butts heads with an earlier bulletin from the state’s insurance department on the meaning of “sole use” in...

LOUISIANA JURY AWARDS $591M IN TOBACCO CASE:

Jun 21 2004 // A Louisiana state court jury ruled in a class-action suit that the tobacco industry must pay a little more than $591 million to fund a 10-year program to help smokers in the state shake the habit. The same jury found in...

TENNESSEE SENATORS NOTE $10.9 MILLION IN HUD DISASTER ASSISTANCE ON TORNADO ANNIVERSARY:

Jun 7 2004 // U.S. Senators Bill Frist (R-Tenn.) and Lamar Alexander (R-Tenn.) recently announced that the City of Jackson will receive $10.9 million from the Department of Housing and Urban Development to help rebuild public housing...

PLATTE RIVER APPROVED FOR HOSPITAL LIABILITY IN OKLAHOMA:

Jun 7 2004 // Darwin Professional Underwriters Inc. (Darwin) announced that an affiliate, Platte River Insurance Company, has gained the approval of the Oklahoma Department of Insurance to write hospital professional liability coverage...

BURGLARIES ON THE RISE IN TEXAS:

Jun 7 2004 // An insurance industry trade group reported that many Texas cities experienced a noticeable increase in the number of burglaries in 2003 as compared to 2002. Jerry Johns, president of Southwestern Insurance Information...

PLICO TO RAISE RATES IN OKLAHOMA:

Jun 7 2004 // Physicians Liability Insurance Corporation (PLICO), a nonprofit insurer that provides liability coverage to Oklahoma doctors plans to increase its rates this summer, but said it won’t raise premiums again until 2007....

WCIRB SUBMITS EVALUATION OF SB 899 AND PROPOSED REDUCTION IN PURE PREMIUM RATES:

Jun 7 2004 // At the California Department of Insurance (CDI) public hearing on May 13, the WCIRB submitted its July 1, 2004 regulatory filing reflecting the WCIRB’s analysis of the provisions of Senate Bill 899 and the impact of...

NO FALSE ALARMS IN N.J. DORMS:

May 17 2004 // Rutgers University in New Brunswick, N.J. was able to complete fire sprinkler installations in its dormitories several months ahead of a state deadline by working year-round, campus officials said. New Jersey passed the...

REPORT SAYS HIGHWAY DEATHS ROSE IN 2003:

May 17 2004 // The nation’s report on fatalities shows there were 43,220 deaths overall on U.S. highways in 2003, up from 42,815 in 2002. At the same time, injuries from motor vehicle crashes declined slightly in 2003, to the...

TORT REFORM BILL MOVING IN GEORGIA LEGISLATURE:

May 3 2004 // The Georgia Senate has passed a tort reform bill designed to address the state’s growing hospital and medical malpractice insurance liability crisis. The Senate passed H.B. 1028 recently on a 36-to-17 vote, and the...

UNDER SUPERVISION IN OKLAHOMA:

May 3 2004 // Oklahoma Insurance Commissioner Carroll Fisher announced that medical malpractice insurers, Physicians Liability Insurance Co. (PLICO) and Hospital Casualty Co., have been placed under formal supervision by the Oklahoma...

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...