Latest Indiana Headlines
All the headlines from our Indiana Topic Page, ordered by recency.
MOLD LEGISLATION SLOWS TO A CRAWL IN STATEHOUSES, ALLIANCE SAYS
Sep 22 2003 // Despite an initial rush of proposed legislation aimed at dealing with the problems related to mold claims and homeowners insurance, very few bills have been enacted in 2003, according to the Alliance of American Insurers....
AMERICAN FAMILY INS. AUTO RATES TO INCREASE IN NEV
Sep 22 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile...
AGENCY OWNERS ARRESTED IN LA.
Sep 22 2003 // Two Louisiana insurance agents, Jonathan Horace Jones and his wife Cindy Marie Jones, both of New Iberia, were arrested and their insurance agency was shut down for alleged misappropriation of insurance funds. Department...
NO RISE IN OKLA. WC RATES
Sep 22 2003 // The Oklahoma State Board for Property and Casualty Rates voted to hold the line on a key component of workers’ compensation rates, at least for the next year. The 4-1 decision came after nearly 10 hours of hearings...
JUMP LIKELY IN RESIDENCE RATES
Sep 22 2003 // Rapidly rising construction costs prices, home remodeling and increasingly expensive natural disasters are expected to push the cost of homeowners insurance up by eight percent in 2004, according to a report by the...
Top Ind. Court Rules in Agent’s Favor
Sep 10 2003 // The Indiana Supreme Court has denied the appellee’s petition to transfer the jurisdiction of the DeHays/Pretzels case involving an agent’s duty to disclose from the Court of Appeals to the Indiana Supreme...
RACES ARE ON IN LA.
Sep 8 2003 // The races for Louisiana political offices, statewide and local, got underway as candidates completed the filing hurdle and were officially “qualified” to run. The statewide general election will be on Nov. 15....
CPCUs IN THE BIG EASY
Sep 8 2003 // CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 59th Annual Meeting and Seminars, taking place in New Orleans, Oct. 11-14. The Annual Meeting’s Property and...
BILL BANNING INSURANCE SCORES FAILS IN CALIF. ASSEMBLY COMM.
Aug 4 2003 // California Senate Bill 691 failed to pass the state Assembly Insurance Committee recently, legislation that would have reportedly banned the use of credit-based insurance scores for underwriting and rating homeowners...
BILL’S DAMAGES ‘MINIMAL’ IN LA.:
Jul 21 2003 // Louisiana Commissioner of Insurance Robert Wooley said preliminary estimates show Tropical Storm Bill caused around $16 million in insured damages in Louisiana. Included in that figure are federal flood insurance claims....
P/C SYMPOSIUM IN AUSTIN TO EXAMINE REFORM LEGISLATION
Jul 7 2003 // Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. Three hundred industry representatives plan...
INSURBANC OPENS IN TEXAS
Jul 7 2003 // InsurBanc, the banking arm of the Independent Insurance Agents & Brokers of America, is now available to Independent Insurance Agents of Texas members. According to the IIAT, the full service bank marked its second...
STATE FARM HOMEOWNER RATES INCREASE IN NEV:
Jun 23 2003 // Nevada Insurance Commissioner Alice Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
OKLA. AGENCY IN SUPERVISION:
Jun 23 2003 // Oklahoma Insurance Commissioner Carroll Fisher placed a Bethany insurance agency under supervision after charges surfaced that its owner may have stolen more than $100,000 from her customers in the form of hidden refunds....
FITCH SEES P/C INSURERS’ UNDERWRITING RESULTS IMPROVING IN ’03:
Jun 9 2003 // Fitch Ratings’ current estimate is that the domestic P/C industry will experience an improvement in the combined ratio to 103.9 percent in 2003 from 107.2 percent in 2002, with an increase in premium volume of...
Ind. Sessions Ends With Status Quo for Insurers
May 6 2003 // The 2003 Indiana legislative session came to a close recently with little impact on the property and casualty insurance industry, according to a statement released by a trade group. The only substantial property/casualty...
STATE FARM RATE INCREASES IN LA.
May 5 2003 // State Farm recently won a 12.2 percent average rate increase for homeowners policies in Louisiana that goes into effect June 15. At that time around 263,000 Louisiana homeowners will face an average increase of $100....
STORMS RACK UP $1.2B IN CLAIMS
May 5 2003 // U.S. property/casualty insurers are expected to pay an estimated $1.2 billion for insured property-loss claims from winter storms and windstorms that pummeled 10 states in early April, according to preliminary estimates by...
AGENCY SUSPENDED IN OKLAHOMA
May 5 2003 // Oklahoma Insurance Commissioner Carroll Fisher suspended the license of Edmond agent Earl Cody after Cody refused to permit examiners from the Oklahoma Insurance Department to review records as part of an investigation...
CWCI STUDY EXAMINES CHIROPRACTIC UTILIZATION AND COSTS IN CALIF. WC
Apr 21 2003 // The California Workers’ Compensation Institute (CWCI) has issued new research showing the combined effect of an increase in the number of chiropractors treating fewer injured workers with higher levels of...
