Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
2 AIG Subsidiaries File to Redomesticate From Pennsylvania to Illinois
Nov 24 2014 // Two subsidiaries of the American International Group — Granite State Insurance Company and New Hampshire Insurance Company — recently filed for approval a plan of redomestication that would change their state...
Democratic Lawmaker in Illinois Planning New Ridesharing Bill
Nov 21 2014 // A Democratic state lawmaker says he wants to pursue new legislation calling for regulations of the emerging ridesharing industry. Rep. Mike Zalewski of Riverside had originally planned to call for an override of Gov. Pat...
Illinois Judge Denies Lower Bond in Rock Island Arson Case
Nov 20 2014 // A Rock Island County judge has denied a lower bond for a man accused of setting a fire that destroyed or damaged a handful of buildings in downtown Rock Island, Ill., in September. Jason Earl Anderson, 34, is charged with...
Erie Insurance Introduces Auto Rideshare Cover in Indiana, Illinois
Nov 19 2014 // Erie Insurance has launched auto insurance coverage to protect drivers who use ridesharing services like Uber and Lyft in two Midwestern states, eliminating confusion for ridesharing drivers over what’s covered and...
Illinois Landlord Faces Life Sentence in Alleged Arson-for-Insurance Deaths
Nov 19 2014 // A suburban Chicago, Ill., landlord was found guilty in the deaths of seven people for a Valentine’s Day 2010 apartment building fire that prosecutors said was set for insurance money. Lawrence Myers, 64, was found...
Workers’ Comp Medical Payment Costs Fall in Illinois: Study
Nov 17 2014 // Reforms enacted in 2011 continue to drive down the cost of medical care for injured workers in Illinois, according to a new study by the Workers Compensation Research Institute (WCRI). According to the report, CompScope...
Car-Deer Collisions Down Slightly in Illinois in 2013
Nov 14 2014 // Collisions between cars and deer in Illinois were down in 2013 compared to 2012 — though not by much. Figures released Nov. 12 show a 1 percent decline in numbers of cars hitting deer in 2013 compared to 2012. There were...
Arthur J. Gallagher Acquires Illinois’ The Forker Co.
Nov 12 2014 // Arthur J. Gallagher & Co. has acquired The Forker Company in Arlington Heights, Ill. Terms of the transaction were not disclosed. Established in 2000, The Forker Company (Forker) is a retail insurance agency that...
Workers’ Comp Medical Payment Costs Fall in Illinois: Study
Nov 3 2014 // Reforms enacted in 2011 continue to drive down the cost of medical care for injured workers in Illinois, according to a new study by the Workers Compensation Research Institute (WCRI). According to the report, CompScope...
Business Moves
Nov 3 2014 // Marsh, Torrent Insurance broker Marsh has agreed to acquire Torrent Technologies Inc., which serves write-your-own insurers participating in the National Flood Insurance Program (NFIP). Torrent’s approximately 100...
State Farm Seeking Approval to Test Drones in Illinois
Nov 3 2014 // State Farm Insurance is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the Bloomington, Ill.-based company has filed an...
Feds Charge Iowa Man in $2.7M Illinois Insurance Fraud Case
Oct 30 2014 // Federal authorities say an Iowa man has been charged with defrauding his former employer in Illinois of at least $2.7 million. U.S. Attorney Jim Lewis said 47-year-old Dominic Scodeller of Davenport, Iowa, was arrested on...
State Farm Seeks to Test Drone Use for Damage Response in Illinois
Oct 27 2014 // State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the Bloomington-based company has filed...
The Horton Group Acquires BF&S Insurance
Oct 22 2014 // Orland Park, Ill.-based insurance brokerage, The Horton Group, announced the acquisition of certain assets of Boyle, Flagg and Seaman (BF&S) Insurance, located in Illinois and Michigan. BF&S’s Illinois retail...
Illinois Landowners Suing State over Fracking Permit Delay
Oct 20 2014 // Southern Illinois landowners are suing the state for failing to implement hydraulic fracturing, calling the long-running process for adopting rules governing the oil and gas extraction method tantamount to illegal...
County: Vacant Skyscraper in Illinois Town Raising Insurance Costs
Oct 16 2014 // Officials in Vermillion County in eastern Illinois say concerns about a vacant skyscraper makes it more expensive to insure an adjacent county building. The 12-story Bresee Tower in downtown Danville is the tallest...
Educator-Focused Meemic Insurance Expands into Illinois
Oct 15 2014 // Meemic Insurance Co., a Michigan-based insurance provider offering personal auto, homeowners, and umbrella coverages tailored exclusively to teachers and other educational employees, announced that the company will...
Arthur J. Gallagher Acquires Illinois’ Bennett & Shade Co.
Oct 14 2014 // Arthur J. Gallagher & Co. has acquired retail insurance broker Bennett & Shade Co. in Decatur, Ill. Terms of the transaction were not disclosed. Founded in 1906, Bennett & Shade provides commercial...
New Workers’ Comp Arbitrators Assigned in Illinois
Oct 13 2014 // The Illinois Workers’ Compensation Commission has made new arbitrator assignments. Effective Nov. 1, Arbitrator Stephen Friedman will take over the Chicago call formerly handled by Arbitrator Kelmanson, and...
Recovery Starts After Fire Destroys Part of Downtown Rock Island, Illinois
Oct 1 2014 // Rock Island residents have started the recovery process after a weekend fire ripped through the heart of downtown, destroying or damaging eight buildings in the western Illinois city. Tattoo shop owner Dan Bonowski said...