Latest Indiana Headlines

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

OSHA CAVE-IN FINDING:

Dec 5 2005 // A Franklin, New Hampshire contractor faces $50,750 in fines from the U.S. Labor Department’s Occupational Safety and Health Administration for allegedly failing to supply cave-in protection at a Boscawen jobsite....

UA RESEARCH: RISK OF FLOODING IN ARIZONA NOT AS SEVERE AS ESTIMATED

Dec 5 2005 // Up to 29,000 Arizonans paid for insurance under the National Flood Insur-ance Program in fiscal year 2004, but new research shows that many of these people may not need the costly coverage.A study headed by a University of...

NO WORKERS’ COMP PREMIUM INCREASES SCHEDULED IN WASHINGTON

Dec 5 2005 // Washington’s Department of Labor and Industries (L&I) has announced there will be no general increase in workers’ compensation premiums for 2006.In late August, the agency proposed a 3.8 percent increase....

Indiana High Court Rules Against Dimunition of Value

Nov 21 2005 // The Indiana Supreme Court last month ruled that insurance policies are not obligated to compensate damaged property for decline in value of the property after adequate repairs have been made. The insurance industry views...

Stealth Tornado Rips Through Indiana

Nov 21 2005 // Twenty-two people died and about 230 were injured when a tornado touched down in southern Indiana and Kentucky during the early-morning hours of Nov. 6. Initial estimates by local insurance adjusters put property damage as...

BALL STATE TARGETS MORE INSURANCE JOBS:

Nov 21 2005 // Indiana’s plan to market itself as an insurance hub is getting help from the faculty at the Center for Actuarial Science, Insurance and Risk Management at Ball State University in Muncie.Steve Avila, the...

GOVERNOR’S MEASURES DEFEATED IN SPECIAL ELECTION

Nov 21 2005 // California’s special election battle, the costliest campaign in the state’s history, roared to a close in November, much to the chagrin of Gov. Arnold Schwarzenegger.Eight statewide measures that were on the...

UA RESEARCH: RISK OF FLOODING IN ARIZONA NOT AS SEVERE AS ESTIMATED

Nov 21 2005 // Up to 29,000 Arizonans paid for insurance under the National Flood Insurance Program in fiscal year 2004, but new research shows that many may not need the costly coverage.A study headed by a University of Arizona...

MONTANA AUDITOR ADDS TWO COMPANIES IN CAPTIVE INSURANCE MARKET

Nov 21 2005 // Montana State Auditor John Morrison approved two new Montana companies that can provide insurance in the captive insurance market. The State Insurance Depart-ment has licensed MHA Worker’s Compen-sation Reciprocal...

Stealth Tornado Rips Through Indiana

Nov 20 2005 // Twenty-two people died and about 230 were injured when a tornado touched down in southern Indiana and Kentucky during the early-morning hours of Nov. 6. Initial estimates by local insurance adjusters put property damage as...

ILLINOIS

Nov 20 2005 // Lawmakers Pass Kids’ Health Plan:The Illinois House passed H.B. 806, Gov. Rod Blagojevich’s “All Kids” health insurance program on a 79-28 vote, following Senate approval on a 32-23 vote. The...

New Markets

Nov 20 2005 // Motor Carriers SuiteNuts & Bolts: Lexington Insurance Company, a member company of American International Group Inc., introduced Lex TransportPlus, a new product suite encompassing two policies: Motor Truck Cargo and...

Indiana High Court Rules Against Diminution of Value

Nov 20 2005 // The Indiana Supreme Court last month ruled that insurance policies are not obligated to compensate damaged property for decline in value of the property after adequate repairs have been made. The insurance industry views...

Ind. Tornado Losses Top $10 Million

Nov 9 2005 // Preliminary estimates for insured losses arising from the surprise tornado that struck southern Indiana on Sunday stands at $10 million, according to the Insurance Institute of Indiana.Twenty-two people died and about 230...

Ind. Gov. Declares Post-Tornado State of Emergency

Nov 8 2005 // Indiana Gov. Mitch Daniels declared a statewide emergency on Monday and asked President George W. Bush for federal assistance for Hoosiers devastated by a tornado and severe storms that affected parts of Indiana during...

NAMIC APPLAUDS ASSOCIATIONS’ ROLE IN SHAPING PUBLIC POLICY

Nov 7 2005 // The importance of state insurance associations in shaping public policy was acknowledged by Charles M. Chamness, president of the National Association of Mutual Insurance Companies in an address in Savannah, Ga., to the...

Ind. High Court Rules Against Diminution of Value

Oct 27 2005 // The Indiana Supreme Court today ruled that insurance policies are not obligated to compensate damaged property for decline in value of the property after adequate repairs have been made. The insurance industry views the...

JUDGE THROWS OUT $700 MILLION JURY AWARD IN EXECUTIVE LIFE SUIT

Oct 17 2005 // A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming from the takeover of failed insurer Executive Life by French investors.U.S....

News Briefs

Oct 17 2005 // OHIOHospital Group Sues WC Bureau: The Ohio Hospital Association and a member hospital sued the Ohio Bureau of Workers’ Compensation in September on claims the state did not follow legal processes for a $50 million...

IND. TARGETS UNEMPLOYMENT SYSTEM:

Oct 3 2005 // The Indiana Department of Workforce Development (IDWD) has taken another step toward modernizing its unemployment insurance system by contracting with Carmel, Ind.-based Haverstick Consulting Inc. as the prime vendor for...