Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
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...
Bill Creating Fraud Unit Introduced in Indiana
Jan 29 2002 // A bill that would create an insurance fraud unit dedicated to investigating and preventing insurance fraud has been introduced in the Indiana Legislature. Under HB 1374, which was introduced by state Rep. Mike Smith, a...
NAII Says 4 Ind. Bills Would Unfairly Hamper Insurance Scoring Practices
Jan 23 2002 // Proposed laws that severely limit or ban the use of credit-based insurance scoring-which could result in higher rates for most consumers — are gaining momentum in the Indiana Legislature. Senate Bill 409, which would...
ARK. EXECS. CHARGED IN FRANKEL CASE
Jan 14 2002 // Arkansas Insurance Commissioner Mike Pickens and Pulaski County Prosecuting Attorney Larry Jegley announced three insurance agents have been charged in connection with Martin Frankel’s alleged theft of $200 million...
Indiana Producer Licensing Renewal Deadline Extended
Jan 9 2002 // The Indiana Department of Insurance announced that due to legislative changes effective Jan. 1, the renewal invoices for licenses expiring in January and February are being mailed out the second week in January. Licensees...
MOLD EXCLUSION FILINGS IN FLA.
Dec 17 2001 // Fifty commercial and residential property carriers filed for exclusions with Florida State regulators to protect themselves against toxic mold problems like those that have embroiled the Texas market. However, according to...
ALLSTATE GETS RATE HIKE IN OKLA.
Dec 17 2001 // Allstate received a 30 percent homeowners insurance rate increase in Oklahoma, the largest premium increase in that state since the 1980s. According to BestWire, Allstate lost money in Oklahoma in five of the last six...
