Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Ill. Arthur J.Gallagher Acquires Mid America Group of Philadelphia
Dec 22 2006 // Itasca, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Mid America Group, Inc. located in Philadelphia, Penn. Terms of the transaction were not disclosed. Established in 1970 as an employee and...
Chubb Settles with N.Y., Conn., Ill. AGs; Agrees to End Contingent Commissions
Dec 21 2006 // The Chubb Corporation has entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois, to resolve an investigation of customer steering, improper finite reinsurance transactions,...
N.Y., Conn., Ill. AGs Bring Another Suit, This Time Against Acordia
Dec 19 2006 // The attorneys general of Connecticut, Illinois and New York continued their campaign against undisclosed compensation and account steering by simultaneously bringing suit today against one of the nation’s largest...
Ill. Assurance Agency Names New Executive Vice President
Dec 19 2006 // Schamburg, Ill.-based Assurance Agency has named Michael Mann as its new executive vice president. In his new role, Mann will be responsible for managing and directing one of Assurance s property and casualty production...
Acordia Disputes Charges by Attorneys General in N.Y., Conn., Ill.
Dec 19 2006 // Acordia Inc., an insurance brokerage owned by Wells Fargo & Co., said it will vigorously defend against allegations brought by the attorneys’ general of New York, Connecticut and Illinois. “Contingent...
Three Ill. Counties Named Again in 2006 Judicial Hellhole Ranking
Dec 14 2006 // The American Tort Reform Foundation (ATRF) released its annual Judicial Hellholes report, shining a bright spotlight on “America’s worst jurisdictions in which to face a lawsuit.” Three counties in...
Policyholder Insurance Information Stolen from Ill. Vendor
Dec 14 2006 // Computer records containing personal information of about 130,000 members of Connecticut-based health insurer Aetna Inc. were stolen from the office of a vendor, the company said. A lockbox stolen during an Oct. 26...
Ill. Former Alderman Sentenced to 13 Years in Federal Prison
Dec 13 2006 // A former alderman in the Metro East community of Waterloo was sentenced Monday to 13 years in federal prison for arranging to have his pizza restaurant burned in 2003 to collect insurance money. U.S. District Judge William...
Ill. Trial Attorney Decides to Open Med Mal Insurance Company
Dec 12 2006 // In Illinois’ intense debate over the cost of medical malpractice, insurance companies and trial lawyers are often bitter enemies. Kim Presbrey is determined to change that. A former president of the Illinois Trial...
Gov. Blagojevich Pushes Universal Health Care for Illinois
Dec 11 2006 // Gov. Rod Blagojevich campaigned on a promise to one day bring universal health care to Illinois, and a state panel came up with ideas for the Legislature to accomplish it, but not how to pay for it. The proposal to...
Countrywide launches auto product in Colorado, Illinois, Indiana, Nevada
Dec 10 2006 // Countrywide Financial Corp. announced that Countrywide Insurance Group’s automobile insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in...
52,000 Residents Still without Power from Winter Storms in Ill., Mo.
Dec 8 2006 // High winds overnight and into Thursday increased the number of Ameren Corp. electric utility customers without power in Missouri and Illinois to more than 52,000, the majority of those in Illinois, Ameren spokeswoman Susan...
Ill. Arthur J. Gallagher Acquires William H. Connolly
Dec 4 2006 // Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisition of William H. Connolly & Co. of Montclair, N.J. Terms of the transaction were not disclosed in the written release. William H....
Ill. Director Looks at New Options for Insurers to Serve Urban Markets
Nov 28 2006 // Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Urban Insurance Partners...
Ill. Country Insurance Pledges $1 Million to Peoria Museum
Nov 20 2006 // Bloomington, Ill.-based Country Insurance & Financial Services has pledged $1 million to a proposed regional museum in Peoria and now organizers have about two-thirds of the nearly $125 million needed to open the...
Group Names Former Ill. Insurance Director Vice President
Nov 20 2006 // The Des Plaines, Ill.-based Property Casualty Insurers Association of America (PCI) has announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, will join PCI Dec. 4 as vice president of...
Ill. Euclid Insurance to Acquire Environmental Insurance Specialists
Nov 7 2006 // Itasca, Ill.-based Euclid Insurance Services has announced plans to acquire Melbourne, Florida-based Environmental Insurance Specialists, a commercial insurance agency that specializes in serving the waste-hauling and...
Amerigroup Corp. to Pay $48 Million in Damages in Ill., Possibly More
Nov 1 2006 // Insurance company Amerigroup Corp. and its Illinois affiliate were held liable Monday for what lawyers said ultimately would total $144 million in damages for discriminating against pregnant women. A federal court jury...
Sen. McCain Campaigns in Key House Races in Illinois
Nov 1 2006 // Popular GOP Sen. John McCain of Arizona likes David McSweeney but that’s not the only reason he came out to campaign for him on Monday. “As much as I admire and appreciate David McSweeney _ and I do _ this is...
Amerigroup to Appeal Ill. Decision
Oct 30 2006 // Amerigroup Corp. said that it will appeal a jury verdict that found against the company and its Illinois subsidiary in qui tam litigation tried in the U.S. District Court for the Northern District of Illinois. The Company...
