Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Business Moves
Oct 23 2006 // Narragansett Bay, Hanover Narragansett Bay Insurance Co., a member of Pawtucket Insurance Group, has agreed to take over the Rhode Island homeowners insurance business of Hanover Insurance Co. The transaction involves...
Business Moves
Oct 23 2006 // OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for...
Business Moves
Oct 23 2006 // OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a division of QBE Insurance Group Ltd., for approximately $32...
Ill. Governor’s Race Could Come Down to “Least Popular Candidate”
Oct 20 2006 // Democratic Gov. Rod Blagojevich claims his opponent is tied to the corrupt ways of the past and would take health care away from children and veterans. Republican Judy Baar Topinka says the incumbent runs government for...
Ill. Assurance Agency Hosts Educational Seminar on Disability Insurance
Oct 11 2006 // Ill. Assurance Agency Ltd., announced this week that a free educational seminar titled “From Disability to Disaster” is being held at Entourage on American Lane in Schaumburg, Ill., on November 9th, 2006. The...
Wis. Phoenix Group Adds Union Bank Insurance Group of Ill.
Sep 29 2006 // The Phoenix Group, an independent insurance agency and employee benefits company based in Ripon, Wis., recently purchased Union Bank Insurance Group, based in Peru, Ill., marking the agency’s fifth acquisition in...
Ill. Couple Accused of Torching Car Dealership for Insurance Money
Sep 27 2006 // After an investigation of more than four months, two McHenry, Ill. residents have been charged with the fire at a McHenry car dealership in April, police said. Arrested were John Krawec, 43, and his girlfriend, Anna...
Declarations
Sep 25 2006 // Skip Free Advice “Seniors should be wary of unsolicited offers of free advice, especially if they are asked to divulge personal financial information, such as listing their income and assets.” Comment made by...
Declarations
Sep 25 2006 // Skip Free Advice “Seniors should be wary of unsolicited offers of free advice, especially if they are asked to divulge personal financial information, such as listing their income and assets.” Comment made by...
Ill. Comptroller Offers Bleak Look at State Budget Picture
Sep 21 2006 // Paying increased costs for employee pensions, health care for the poor and debt service will eat up virtually all new money the state can expect to bring in over the next three years, Comptroller Dan Hynes said Monday. The...
Courts Says Ill. Independent Candidates Face Toughest Hurdles in U.S.
Sep 20 2006 // A federal appeals court declared Monday that the unusually high hurdles independent candidates for the Illinois legislature must clear to get their names on the ballot are unconstitutional. “They are the most...
Ill. Couple Videotape Themselves Committing Insurance Fraud
Sep 20 2006 // A Union County, Ill. couple’s plan to crash a van into a tree and collect the insurance money was caught on a tape they created–unbelievable as it seems. The plan of action was to smash Robert and Teresa...
Ill. Assurance Agency Is Sponsor for 2006 Business Association Expo
Sep 6 2006 // Assurance Agency Ltd., headquartered in Schaumburg, Ill., will be the presenting sponsor at the Schaumburg Business Association Expo held at the Renaissance Schaumburg Hotel and Convention Center on Tuesday, Sept. 19,...
Avreco Announces Ill. Malpractice Carrier Reduces Rates by 25 Percent
Sep 6 2006 // Ill.-based wholesaler Avreco has announced that one of its carriers has significantly reduced its medical malpractice rates for standard doctors, as well hard-to-place doctors within Illinois and outside of Cook County, by...
It Figures
Sep 4 2006 // 1 million Enrollment in insured HMO benefit plans declined again in 2005, dropping below 1 million, the lowest level since 1985. Premium revenue increases slowed and profitability for HMOs decreased from its peak in 2004....
WORKER’S COMP FRAUD $300 BILLION NATIONAL PROBLEM
Sep 4 2006 // The Illinois State Insurance Department receives reports of six alleged cases of workers’ compensation insurance fraud each week, according to Director Michael McRaith. Some reports accuse employers of fraudulently...
Ill. A.G. Sues Companies for Deceptive Mailers for Annuity Sales to Seniors
Sep 1 2006 // Illinois Attorney General Lisa Madigan announced her office filed two lawsuits against companies that allegedly used deceptive, unsolicited mailers to target senior citizens. The companies used the mailers to obtain...
Ill. Native Recipient of Life Industry’s John Newton Russel Memorial Award
Aug 31 2006 // James M. Benson, CLU, a successful producer and executive of some of the top companies in the life insurance industry, was named recipient of the 65th annual John Newton Russell Memorial Award. The award recognizes...
Ill. Consumers File Fewer Complaints Against Insurers in 2005
Aug 30 2006 // Illinois consumers filed fewer complaints regarding their insurance companies and HMOs in 2005, according to consumer complaint statistics released recently by the Illinois Department of Financial and Professional...
Ill. Fundraiser Gets $900,000 No-bid State Contract as Special Examiner
Aug 30 2006 // A prominent Democratic fundraiser for Gov. Rod Blagojevich was awarded a $900,000 no-bid state contract months after being cut from an investment proposal that has drawn scrutiny from federal investigators, according to a...
