Latest Indiana Headlines

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

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...

MED-MAL CAPS ADVANCE IN IOWA, MO.:

Apr 5 2004 // Tort reform continued to advance in the Midwest as legislators in the House of Representatives in Iowa and Missouri passed measures that would put caps on noneconomic damages in medical liability cases. The Iowa House...

AIA OPPOSES LEGISLATION TO BAN USE OF CREDIT-BASED INSURANCE SCORES IN COLO.:

Apr 5 2004 // A proposal to ban use of credit-based insurance scores (HB 1292) would do severe harm to, and cause unintended consequences for, Colorado consumers, according to the American Insurance Association (AIA). “Removing...

ARIZ. DOI OFFERS LICENSING SERVICE IN FLAGSTAFF:

Apr 5 2004 // Beginning March 25, 2004, the Ariz. Department of Insurance will open its Flagstaff office every Thursday for northern Ariz. residents seeking licensing services and general insurance consumer assistance. Services are...

CINFIN VP REPORTED IN CRITICAL CARE AFTER AUTO CRASH:

Mar 22 2004 // Kenneth S. Miller, a senior vice president for insurer Cincinnati Financial Corp., was hospitalized in critical condition after an auto accident Feb. 29 in Fairfield, according to a statement released by the company....

TRG CLAIMS TO BE PAID IN ARK.:

Mar 22 2004 // Arkansas Insurance Commissioner Mike Pickens said agreements have been reached regarding the payment of outstanding claims for enrollees in the health plan of TRG Marketing LLC. National Health Plans Plus Inc. (NHPP) has...

InsureVianet Takes Comp Program to Mich., Ind.

Mar 16 2004 // A division of Chicago-based online broker InsuranceNoodle has introduced a new Internet-based small business workers’ compensation insurance program for agencies in Indiana in Michigan.The division, InsureVianet, is...

First Financial Buys Ind. Agency

Mar 10 2004 // Hamilton, Ohio-based First Financial Bancorp has purchased an insurance agency operation in Highland, Ind. The purchase arrangement was completed Feb. 1, 2004, and the agency is now operating as a full-service unit of...

Tort Reformers Look to Score in States after Washington Strikes Out

Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...

APCAPITAL LOSES $76 MILLION IN 2004:

Mar 8 2004 // East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. announced net income of $102,000, or 1 cent per share for the fourth quarter of 2003. For the year, the company reported a net loss of...