Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Insuring the Young and the Carless
Feb 7 2005 // VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to...
2 Ill. Agents’ Licenses Revoked for Fraud
Feb 3 2005 // The Illinois Division of Insurance revoked the insurance producer license two agents recently for fraudulent activities. Lynette J. Perkins of LaSalle, Ill., had been licensed to sell accident and health insurance since...
AIA: Proposed Ill. Workers’ Comp Reforms a Start
Feb 3 2005 // The American Insurance Association (AIA) on Thursday termed proposed reforms by the governor to Illinois’ troubled workers’ compensation system a “good beginning,” but added that more work remains...
No-Charge Auto Insurance Pioneer Out to Sell More VWs, Convince Skeptics Rating Model Works
Feb 1 2005 // Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to offer car buyers, regardless of their risk profile, auto insurance at...
Ill. Supreme Court Rules Against Stacking Underinsured Motorist Coverage
Jan 25 2005 // Illinois’ top court has ruled that the stacking of underinsured-motorist coverage (UIM) was clearly prohibited by two companies’ insurance policies at issue in the case it decided. The Supreme Court’s...
Insurer Groups Ask Ill. Supreme Court to Adopt Rule Restricting Class Actions
Jan 25 2005 // A national insurance trade association is requesting that the Illinois Supreme Court enact a rule that would set standards for class-action lawsuit certifications that are in line with federal requirements and those in...
Insuring the Young and the Carless
Jan 24 2005 // VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to...
VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers
Jan 24 2005 // VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to...
VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers
Jan 24 2005 // Insuring the Young and the Carless Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to offer car buyers, regardless of...
Insurance Auto Auctions Opens New Ill. Facility
Jan 11 2005 // Westchester, Ill.-based auto salvage and claims processing provider Insurance Auto Auctions Inc. has opened a new greenfield facility in Lincoln, Ill. Located midway between Chicago and St. Louis, the new 15-acre location...
Car Buyers Get No-Charge Insurance in Volkswagen-Nationwide Pilot Program Based on Car Model Risk
Jan 3 2005 // A Long Island insurance think-tank has licensed Volkswagen of America Inc. to offer the industry’s first no- charge insurance policy to customers who purchase or lease selected models during a three-month test in...
Ill. DOI Advises 0.1% Comp Rate Increase
Dec 29 2004 // The Illinois Division of Insurance has approved a 0.1% increase in the advisory rate for workers’ compensation insurance in Illinois for 2005—that’s one-tenth of 1 percent. For comparison’s sake, the...
The Midwest’s Top 10 Newsmakers in 2004
Dec 29 2004 // What a long, strange trip it’s been. The year started with the two Chicago-area property/casualty insurance trade groups, the National Association of Independent Insurers and the Alliance of American Insurers,...
PCI LAUDS PROPOSED ILL. CLASS ACTION RULE CHANGE:
Dec 20 2004 // A proposed rule change governing class action lawsuits would benefit Illinois consumers and businesses will, argued leading insurance lobby Property Casualty Insurers Association of America. Rule 225, however, was...
ILL. JUDGE RULES COMP FEE HIKE IMPROPER:
Dec 20 2004 // An Illinois Cook County circuit judge has ruled that a state increase in fees paid by employers into the state’s workers compensation fund was improper because it was used to help plug a gaping hole in the general...
The Midwest’s Top 10 Newsmakers
Dec 20 2004 // Here Are the Heartlanders Who Made Insurance Headlines in 2004 What a long, strange trip it’s been. The year started with the two Chicago-area property/casualty insurance trade groups merging to form the Property...
Third Annual Report Identifies ‘Judicial Hellholes’
Dec 15 2004 // The third annual “Judicial Hellholes” report – a ranking of the worst courts in the United States – shows a disturbing scenario for one Illinois county. As a result of what happens in the Hellhole...
Ill. Judge Rules Comp Fee Hike Improper
Dec 7 2004 // An Illinois Cook County circuit judge has ruled that a state increase in fees paid by employers into the state’s workers compensation fund was improper because it was used to help plug a gaping hole in the general...
D’Arcy Named CAS President
Dec 6 2004 // Stephen P. D’Arcy, professor of finance at the University of Illinois at Urbana-Champaign has been elected as president of the Casualty Actuarial Society (CAS) at the organization’s annual meeting. He succeeds...
AFFIRMATIVE AFFIRMS SUBPOENA:
Dec 6 2004 // Affirmative Insurance Holdings Inc. of Addison, Texas, a provider of personal non-standard automobile insurance, acknowledged that its insurance company subsidiaries and one of its agencies have received subpoenas from the...
