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Indiana News and Information

California Court Decision Reaffirms Distinctive Right of Mutual Insurance Companies, NAMIC Says

INDIANAPOLIS (Oct. 1, 2008) – A recent opinion from the California Court of Appeals is a significant victory for mutual insurance company boards in their efforts to successfully and flexibly oversee the management of their enterprises for the benefit of policyholders in an increasingly uncertain market, according to the National Association of Mutual Insurance Companies (NAMIC). (Posted: 10/1/2008)

Bruce D. Thomas Begins Term as 2008 - 2009 NAMIC Chairman

PHILADELPHIA (Oct. 1, 2008) – Bruce D. Thomas was elected 2008-2009 chairman of the board of the National Association of Mutual Insurance Companies (NAMIC) here today, during NAMIC’s Annual Convention. Thomas is the president/CEO of Heartland Mutual Insurance Company in Algona, Iowa, where he began working as a claims adjuster in 1980. (Posted: 10/1/2008)

New Study Suggests Putting Off Driver Licensure to Save Lives

Most U.S. states allow driving at age 16, 16-and-a-half, or somewhere in between. A new Insurance Institute for Highway Safety report focuses on the costs in terms of lives of allowing licensure sooner rather than later. (Posted: 9/9/2008)

Indiana Supreme Court Addresses Statute of Limitations for Clean-up Contribution

The Indiana Supreme Court handed down its opinion on June 19 in Richard Pflanz, et al. v. Merrill Foster, et al., holding that for a property owner’s claim for contribution toward environmental cleanup costs the statute of limitation does not begin to run until the owner is ordered to clean up the property, regardless of whether an owner earlier knew or should have known about the need for cleanup. (Posted: 6/24/2008)

Indiana Supreme Court Addresses Premises Liability Issues

In an opinion handed down June 4, the Indiana Supreme Court addressed two issues of first impression. In Kopczynski v Barger, the court held: (1) that under some circumstances a minor’s invitation to enter the premises may bind the landowner for purposes of premises liability, and (2) that a trampoline may constitute an attractive nuisance. (Posted: 6/17/2008)

Indiana: Insurance Industry Responds to Storm Damage

As damaging storms offer little relief for Central Indiana residents, the Insurance Institute of Indiana reminds consumers to check for damage and know their insurance policies. (Posted: 6/9/2008)

Report: 33 Million Licensed Americans May be Unfit for Roads

Results from the 2008 GMAC Insurance National Drivers Test released May 22 found that 16.4 percent of drivers on the road - roughly 33 million licensed Americans - would not pass a written driver’s test if taken today. (Posted: 5/28/2008)

2008 SUMMARY OF NEW STATE LAWS - INDIANA

(Posted: 4/8/2008)

2008 State-by-state Rankings Released of the Best and Worst Tort Systems in America

The Pacific Research Institute released March 11 its report comparing the legal climates of all 50 states. According to the “U.S. Tort Liability Index: 2008 Report,” Florida ranked the worst in terms of tort costs and litigation risks, while North Dakota ranked the best. (Posted: 3/12/2008)

Indiana Supreme Court Clarifies Law on Emotional Distress Claims

In a trio of decisions handed down on Feb. 28, the Indiana Supreme Court has clarified the Indiana law on negligent infliction of emotional distress. (Posted: 3/11/2008)

Report: States Better Prepared for Emergencies (2/21/2008)

Report: Most States Earn Average Grades in Highway Safety (2/20/2008)

Indiana: Commissioner Issues Bulletin on Flood Insurance Training (2/19/2008)

Indiana: Court of Appeals Upholds Exclusive Remedy (2/19/2008)

Indiana: Supreme Court Addresses Statute of Limitations for Claim of Agent Negligence (2/5/2008)

Indiana: Rating Bureau Recommends Workers’ Comp Overall Increase (10/9/2007)

Indiana: No Coverage for Bob Knight Incident (8/14/2007)

Indiana: Court of Appeals Finds UM Coverage Under Umbrella Policy (7/31/2007)

Indiana: Tortfeasor Not Underinsured in Multiple Injury Case (7/31/2007)

Ohio and Indiana Courts Address Attorney Fee Issues (7/17/2007)

Indiana: Multiple Bulletins and Circular Issued on 2007 Legislation (6/26/2007)

2007 SUMMARY OF NEW STATE LAWS - INDIANA (6/1/2007)

Plenty of Political Intrigue Brewing in 2007 State Election Races (5/21/2007)

Road Rage Survey Reveals Best, Worst Cities (5/16/2007)

Report: Emerging Risks Impeding Business Development; Leaders Lack Understanding of Real Risks (5/15/2007)

Indiana: Governor Shocks Insurers with Surprise Veto of Municipal Fee Ban (5/15/2007)

Car Thieves Take the Bait (5/2/2007)

Indiana Legislature Adjourns: Insurance Industry Secures Passage of Key Measures (5/1/2007)

Indiana: Session Success for Industry on Multiple Fronts (5/1/2007)

Chamber Study Ranks Best, Worst Lawsuit Climates; Delaware Tops List (4/26/2007)

Indiana: Second Injury Fund not Liable for Medical Expenses (4/24/2007)

Indiana: Major Insurance Issues in Conference Committee as Session End Looms (4/24/2007)

Climate Models Suggest Warming-Induced Wind Shear Changes Could Impact Hurricane Development, Intensity (4/18/2007)

New Report Shows Increased Flood Risk from Global Warming Despite Billions Spent on Flood-Control Projects (4/16/2007)

Private Market is Best Mechanism to Address Coastal Insurance Issues, NAMIC CEO Tells Congress (4/11/2007)