Illinois News

Dan Freyer to Serve as Senior Vice President of Worldwide Facilities, LLC’s Chicago Office

Chicago, IL, January 14, 2016—Worldwide Facilities LLC, a leading nationwide wholesale insurance brokerage and managing general agent, is pleased to announce its decision to hire Dan Freyer as Senior Vice President of its Chicago office. Freyer has over 13 years …

Cyberattack Cost Illinois City $760K so Far

Naperville, Ill., city officials have spent about $760,000 on rebuilding its online network three years after a cyberattack wreaked havoc. City officials tell the Chicago Tribune insurance covered about 25 percent of the cost. Officials say there’s no evidence of stolen …

Illinois’ Euclid Insurance Forms Financial Institutions Underwriting Unit

Euclid Insurance Services Inc. (Euclid), based in Itasca, Ill., has formed Euclid Financial Institution Underwriters LLC (Euclid Financial) and hired David McDonald and Jim Thomas to lead the new operation. Euclid Financial is a program administrator specializing in professional lines …

Liability Insurance Required for Rideshare Drivers in Elgin, Illinois

The Elgin City Council in Illinois has approved rules that make it legal for Uber and other ride-hailing services to operate in the city. The (Arlington Heights) Daily Herald reports the Elgin ordinance mirrors a state law taking effect today. …

Watercraft Laws Taking Effect in Illinois Are Aimed at Safety

Law enforcement officials say Illinois boaters should be aware of new laws taking effect this year. Lake County Sheriff Mark Curran Jr. says the laws will keep boaters safe. It’s now a requirement to display a bright orange flag from …

Illinois Court Urged by Philip Morris to Toss $10B Smokers’ Verdict

A $10.1 billion verdict against Philip Morris USA over misleading consumers about the safety of “light” cigarettes should be overturned, lawyers for the company argued in the Illinois Supreme Court. The award was first made in 2003 for a class …

Marijuana Industry in Illinois Places Hopes in Hands of Governor

A proposal to extend the Illinois medical marijuana pilot program beyond 2017 may soon gain passage in Springfield. That would mean the industry’s prospects could come to rest with Gov. Bruce Rauner. Rauner has said the program should not be …

Valley Insurance Agency Alliance Hires Gamble as Recruiter

St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), comprising nearly 100 independent insurance agencies in Missouri and Southern Illinois, hired Grady Gamble as a recruiter for Missouri. Gamble will implement a regional plan to pursue and enlist new partnerships with …

Debate on Workers’ Comp Reform Begins in Illinois

Business groups and injured employees weighed in May 6 as Illinois lawmakers began debating whether to revamp the state’s workers’ compensation insurance program to reduce costs for employers. Democratic House Speaker Michael Madigan called a meeting of the Illinois House …

Agent Support, Ratings Added to Expanding Google Compare

The auto insurance comparison website Google Compare is expanding into Texas, Illinois and Pennsylvania, as well as adding ratings and insurance agent support. That announcement was made Tuesday by Stephanie Cuthbertson, group product manager for Google Compare, at Google’s annual …