Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Muldowney Named President of Independent Insurance Agents of Illinois
Oct 8 2018 // Patrick Muldowney has been elected president of the Independent Insurance Agents of Illinois. The Chicago-based Muldowney will be responsible for the general leadership functions of the organization. He will also serve as...
Tower Hill Specialty Enters Illinois Property Insurance Market
Oct 5 2018 // Ohio-based Tower Hill Specialty is now offering property insurance in Illinois. Currently available in seven states, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products....
OptOn Offering On-Demand Insurance for Illinois Rideshare Drivers
Oct 4 2018 // OptOn has launched its mobile, on-demand, commercial insurance product for rideshare drivers in Illinois. The company said the mobile app provides short-term primary insurance coverage for rideshare drivers across all...
Alliant Acquires Zande Group in Illinois
Oct 3 2018 // Alliant Insurance Services has acquired the property/casualty insurance services firm, Zande Group, based in Des Plaines, Illinois. Zande Group delivers premium, tailored commercial and personal insurance products and...
People
Oct 1 2018 // Farm Bureau Insurance of Michigan appointed Matt Taylor as vice president of Marketing. Taylor joined Farm Bureau Insurance in 2009 as an agent. He later joined marketing management as a managing partner in the Southeast...
Business Moves
Oct 1 2018 // Marsh & McLennan, JLT Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about $5.7 billion to expand its global offering of reinsurance and consulting services. New York-based Marsh said the purchase...
Chicago Insurance Agent Pleads Guilty to Federal, State Tax Evasion
Sep 28 2018 // A Chicago insurance agent has pleaded guilty to failing to pay federal and state taxes on more than $4.7 million in income earned over a decade, according to federal prosecutors. The office of the United States Attorney...
Illinois’ Venhaus Insurance Joins Valley Insurance Agency Alliance
Sep 26 2018 // Venhaus Insurance Agency, in Columbia, Illinois, has joined Valley Insurance Agency Alliance (VIAA), a network of over 100 independent insurance agencies in Missouri and Illinois. Venhaus Insurance Agency owner Doug...
Residents Call for Changes to Prevent Flooding North Chicago Suburbs
Sep 24 2018 // Residents are pushing for Illinois officials to change how they run a dam to prevent flooding in several lakes that flow into the Fox River in Chicago’s northern suburbs. Property owners are petitioning the U.S. Army...
Jacobs Named Next CEO at Illinois’ COUNTRY Financial
Sep 20 2018 // Insurer COUNTRY Financial, headquartered in Bloomington, Illinois, has named Jim Jacobs as its next chief executive officer (CEO), effective early next year. He succeeds Kurt Bock, who is retiring Jan. 31, 2019, after...
Kistler Joins Illinois’ Alera Group as Director of Business Development
Sep 19 2018 // Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm headquartered in Deerfield, Illinois, has appointed Matt Kistler as director of Business Development. Kistler will...
State Farm Settles, Avoids Racketeering Trial
Sep 17 2018 // Insurance giant State Farm on Sept.4 reached a $250 million preliminary settlement in a federal class-action lawsuit claiming the company funneled money to the campaign of an Illinois Supreme Court candidate. The lawsuit...
Exclusive Remedy: The Scope of Protection in Illinois Workers’ Comp
Sep 13 2018 // Section 5(a) of the Illinois Workers’ Compensation Act provides the damages an employer must pay for work-related injuries. It specifies a worker injured in the line of duty cannot sue her employer or its other...
Massey Joins Bell Insurance Solutions in Illinois
Sep 6 2018 // Bell Insurance Solutions in Collinsville, Illinois, has hired Larry Massey as its newest sales producer. In this position, Massey will generate leads and develop new business. He also will offer clients a variety of...
State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial
Sep 4 2018 // State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers were...
New Jersey Investigating NRA-Sponsored Carry Guard Insurance
Sep 3 2018 // The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The...
Exclusive Remedy: The Scope of Protection in Illinois
Sep 3 2018 // Section 5(a) of the Illinois Workers’ Compensation Act provides the damages an employer must pay for work-related injuries. It specifies a worker injured in the line of duty cannot sue her employer or its other...
Former Illinois Insurance Broker Sentenced to Prison, Must Repay Nearly $1M
Sep 3 2018 // The former owner of multiple property/casualty insurance operations in northern Illinois has been sentenced to more than four years in prison and ordered to pay nearly $1 million in restitution for insurance fraud. U.S....
RICO Case Against State Farm Set for Trial in Illinois Federal Court
Aug 31 2018 // A class action lawsuit against insurance giant, State Farm, alleging the company recruited a judge to run for an opening on the Illinois Supreme Court and funded, without disclosing it, his 2004 election campaign is set to...
Illinois Governor Sends Workers’ Comp Bill Back to Lawmakers
Aug 30 2018 // Illinois Gov. Bruce Rauner has vetoed, with recommended changes, a workers’ compensation measure that would have allowed for interest to be paid on delayed payment in disputes between insurers and medical service...
