Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Insurance Commissioners Announce Framework for National Cat Program
Dec 4 2005 // Insurance regulators from California, Florida, Illinois and New York, on the heels of the National Catastrophe Insurance Summit held in November, are peddling the framework for a national catastrophe insurance program that...
Insurers Join in Illinois Court Case That Could Alter Timely Claim Notice
Dec 1 2005 // The National Association of Mutual Insurance Companies joined with the Illinois Insurance Association Nov. 22 to file an amicus brief in a case dealing with the issue of timely notice to an insurer of a claim or lawsuit....
New Markets
Nov 20 2005 // Motor Carriers Suite Nuts & Bolts: Lexington Insurance Company, a member company of American International Group Inc., introduced Lex TransportPlus, a new product suite encompassing two policies: Motor Truck Cargo and...
Ill. Supreme Court Ruling Spotlights Venue Reform
Nov 17 2005 // The Illinois Supreme Court today ruled that a lawsuit brought in Illinois by a Louisiana plaintiff did not belong in an Illinois state court. In Gridley v. State Farm , the high court remanded the issue to the circuit...
Illinois Financer Provides Crop Insurance to African Farmers
Nov 14 2005 // Opportunity International, a global microfinance network based in Oak Brook, Ill., today announced its partnership with the World Bank and its affiliated IFT Commodity Management Group to provide index-based weather...
Uninsured /Underinsured Motorist
Nov 6 2005 // This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLA and edited by insurance lawyer Kevin T. Merriman...
Rising Medical Solutions Addresses Ill. Workers’ Comp Reform
Nov 3 2005 // Kimberly Moreland, director of Account Management at Rising Medical Solutions Inc., recently spoke to some of the challenges facing those who deal in workers’ compensation at the Work Injury Conference in...
Ill. Passes Kids’ Health Plan
Oct 28 2005 // The Illinois House yesterday passed H.B. 806, Gov. Rod Blagojevich’s “All Kids” health insurance program on a 79-28 vote, following Wednesday’s approval of the plan in the Senate on a 32-23...
Ill. Senate Passes Kids’ Health Bill
Oct 27 2005 // Illinois Gov. Rod Blagojevich’s plan to provide health insurance to all children in Illinois passed the Senate yesterday and is poised for vote in the Illinois House today during a short-term veto session. The Senate...
Ill. Agents Have Licenses Revoked
Oct 17 2005 // Illinois Director of Insurance Michael McRaith has revoked the insurance agent license of George T. Priovolos of Bloomington effective Sept. 26, 2005. Priovolos’ license was revoked as a result of an investigation...
South Dakota
Oct 17 2005 // S.D. Farm Couple Pleads Guilty to $1.3 Million Scheme: A Rapid City, S.D. couple has pleaded guilty in U.S. District Court to conspiring to defraud the U.S. government out of more than $1.3 million in farm benefits. Connie...
Weible & Cahill of Illinois Added to Brown & Brown
Oct 14 2005 // The assets of Lisle, Ill.-based insurance agency Weible & Cahill LLC have been acquired by Tampa, Fla. brokerage Brown & Brown Inc. Weible & Cahill, with annualized revenues of approximately $7.5 million, is...
Ill. Gov. to Unveil Kids’ Health Plan
Oct 6 2005 // Illinois Gov. Rod Blagojevich is expected to unveil a proposal Thursday to subsidize health insurance for 253,000 uninsured children in Illinois. Seventy-percent of the state’s uninsured children belong to families...
Illinios Insurance Director Assures Agents Commissions are Safe
Oct 3 2005 // Illinois Division of Insurance Director Michael McRaith assured an audience of independent agents that in spite of the Division’s ongoing investigation of agent commission practices, he was committed to working...
Distinguishing between Main Street and Wall Street
Oct 3 2005 // Agent Compensation Disclosure: Illinois’ Department of Insurance is continuing to investigate the commission practices of its independent agents, and the rest of the country is keeping an eye on what’s...
Illinios Insurance Director Assures Agents Commissions are Safe
Oct 3 2005 // Illinois Division of Insurance Director Michael McRaith assured an audience of independent agents that in spite of the Division’s ongoing investigation of agent commission practices, he was committed to working...
Durbin Pledges $1.6 Million for Ill. Health Insurance Pool
Sep 29 2005 // After months of blocking a Senate bill because he claimed it shortchanged his state, Sen. Dick Durbin announced Thursday that he has won assurances that Illinois’ state health insurance pool would get an extra $1.6...
KATRINA COULD AFFECT ILL. INSURANCE RATES:
Sep 19 2005 // Experts say the path of destruction left by Hurricane Katrina likely will lead to higher insurance rates in the metro-east and across the country, although it is unclear how much and how soon rates will rise, according to...
Midwest FEATURE: Market Spotlight on Illinois and Ohio
Sep 19 2005 // Although the insurance industry — and the rest of us — are waiting for the other shoe to drop in the wake of Hurricane Katrina’s estimated $20 billion to $35 billion in insured losses, business in the...
News Briefs
Sep 19 2005 // Illinois Katrina Could Affect Ill. Insurance Rates: Experts say the path of destruction left by Hurricane Katrina likely will lead to higher insurance rates in the metro-east and across the country, although it is unclear...
