Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
J.M. Wilson Hires Kane as Assistant Property/Casualty Underwriter in Illinois
Nov 2 2017 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Brian Kane as assistant property/casualty underwriter in its Arlington Heights, Illinois, office. Kane has more than 17 years of experience in the...
Alera Group Acquires Illinois, Wisconsin Agencies
Oct 5 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has acquired Axis Benefit Consultants in Westmont, Illinois, and Jeatran Associates in...
Pruett Joins Illinois’ Ellsworth Insurance Agency as Insurance Advisor
Oct 4 2017 // Ellsworth Insurance Agency in Edwardsville, Illinois, has hired Shelly Pruett as an insurance advisor. In this position, Pruett will provide specialized insurance guidance and professional advice to the agency’s...
Ex-Illinois County Chairman, State Farm Consultant Sentenced in Fraud Case
Oct 2 2017 // A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme. In...
People
Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors. Cohen...
Fake Uber Driver in Illinois Accused Of Picking Up and Raping Women
Sep 29 2017 // Additional charges have been filed against a suburban Chicago man accused of posing as an Uber driver who picked up women outside bars and raping them. Musaab Afandi of Glenview appeared at a bond hearing Wednesday after...
NAMIC Names Illinois’ Sen. Haine a State Legislator of the Year for 2017
Sep 26 2017 // The National Association of Mutual Insurance Companies has named Illinois state Sen. Bill Haine as one of two State Legislators of the Year for 2017. Arkansas state Sen. Jason Rapert also was honored with the award. Haine...
Ratings of Illinois’ Prime Insurance Company Upgraded
Sep 22 2017 // A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Prime Insurance Company (PIC) in Chicago,...
Small Earthquake in Illinois Felt in 3 States
Sep 20 2017 // The U.S. Geological Survey reports that a small earthquake in southeastern Illinois was felt across parts of Illinois, Indiana and Kentucky. The USGS says the preliminary 3.8-magnitude earthquake occurred at 6:47 a.m....
People
Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...
States’ Lawsuit Climates Influence Expansion Decisions, Say Businesses
Sep 18 2017 // An all-time high 85 percent of senior business executives at major U.S. companies say a state’s lawsuit environment is likely to impact decisions about where to locate or expand their business, according to the U.S....
Ex-Illinois County Chairman, State Farm Consultant Sentenced in Fraud Case
Sep 15 2017 // A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme. In...
Illinois Governor Vetoes Workers’ Comp Bills Opposed by Insurers
Sep 4 2017 // Illinois Gov. Bruce Rauner has vetoed two workers’ compensation reform bills that were strongly opposed by the insurance industry. Rauner in August vetoed HB 2622 and HB2525, two bills that would have had profound...
Northern Underwriting Managers’ Fendler Indicted Again; Faces 20 Fraud Counts
Sep 4 2017 // The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients. Todd J. Fendler, of Rockford, Ill., previously...
Illinois Governor Vetoes 2nd Workers’ Comp Bill
Aug 29 2017 // Illinois Gov. Bruce Rauner has vetoed another workers’ compensation reform bill that was strongly opposed by the insurance industry. He has nixed HB2525, which would have required pre-approval of workers’ comp...
Illinois Governor Vetoes 1 of 2 Workers’ Comp Bills Opposed by Insurers
Aug 23 2017 // Illinois Gov. Bruce Rauner has vetoed a workers’ compensation reform bill that has been strongly opposed by the insurance industry. Rauner on Aug. 18 vetoed HB 2622, which would have created the Illinois Employers...
Northern Illinois Agency Owner Indicted Again; Slapped with 20 Fraud Counts
Aug 22 2017 // The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients. Todd J. Fendler, of Rockford, Ill., previously...
Illinois Attorney General Reaches $4.5M Settlement in Opioid Marketing Case
Aug 22 2017 // Illinois Attorney General Lisa Madigan has reached a $4.5 million settlement with an Arizona-based pharmaceutical company that her office sued for deceptive marketing of an opioid drug meant for cancer patients. Madigan...
Industrial Insurer HDI Global Forms Excess Surplus Lines Carrier
Aug 18 2017 // Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will “bring European expertise and solutions” to the alternative...
Illinois’ Alera Group Taps Assurex Global’s Clark to Lead Employee Benefits Practice
Aug 15 2017 // Alera Group, a Deerfield, Illinois-based national employee benefits, property/casualty, risk management and wealth management firm, appointed John Clark as its national employee benefits practice leader. Clark will...
