The company and the state took their arguments Wednesday to the State Supreme Court.
The amount of uninsured Hoosiers fell to just under 12% last year.
The lawsuit revolved around the 2011 State Fair stage collapse.
Jordyn Polet was 10 years old when the disaster at Sugarland‘s state fair concert killed seven people and injured 107.
Indiana requires lawsuits be filed within two years. Tuesday marks the second anniversary of the deadly 2011 State Fair stage collapse.
The state has now paid out a total of about $11 million. Civil lawsuits will go to court starting in 2014 and could net the victims more money.
Stage collapse examiners say Indiana has made significant progress in preventing future accidents -- but also say the state still has work to do.
A legislative study committee begins work this week to establish more permanent regulations to help prevent another tragedy like the State Fair stage collapse.
Police say the crime was like many others in recent years, with thieves searching for materials they can fence for cash.
The changes aim to prevent another event like last year’s State Fair stage collapse.