Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Illinois Latest to Toughen Penalties Against Uninsured Motorists
Aug 4 2003 // Illinois drivers cited three times by police for driving without proof of the mandated auto liability policy will now have their drivers’ licenses revoked, while uninsured motorists involved in an accident that...
Ill. Agent’s License Revoked for Alleged Financial Impropriety
Jul 23 2003 // Illinois Director of Insurance J. Anthony Clark has revoked the insurance producer license of Joseph Welps of Wilmington effective July 8, 2003. Welps had been licensed since November 14, 1996. Welps was licensed to sell...
Ill. Surplus Carriers Hit by Retroactive Tax
Jul 16 2003 // Illinois surplus lines carriers are protesting a retroactive tax hike that was enacted to help address the state’s budget deficit, according to Springfield’s State Journal-Register. The surplus lines producer...
AIA Staffer Named Ill. Asst. Director of Insurance
Jul 11 2003 // Deirdre K. Manna has been appointed assistant director of the Illinois Insurance Department. Manna will be involved in various department issues and programs including overseeing the Comprehensive Health Insurance Plan and...
NAII Court Brief Argues for Narrow Ill. Fraud Interpretation
Jul 10 2003 // The National Association of Independent Insurers (NAII) filed an amicus brief with the Illinois Supreme Court urging the court to reverse an Appellate Court opinion that broadens the scope of the Illinois Consumer Fraud...
Ill. Agents Favor Gov’s Signing of Credit Bill
Jul 10 2003 // The Professional Independent Insurance Agents of Illinois (PIIAI) applauds Gov. Rod Blagojevich’s decision to sign HB 1640, the Use of Credit Information in Personal Insurance Act. The bill establishes limitations on...
Two Ill. Producers’ Licenses Revoked
Jul 3 2003 // Illinois Director of Insurance J. Anthony Clark has denied the insurance producer license application of Philip A. Fair of Chicago effective June 16. Fair was previously licensed to sell life, accident and health, and fire...
New Ill. Budget Hits Insurers With Increased Taxes, Fees
Jun 26 2003 // Illinois Gov. Rod Blagojevich has signed into law two bills dealing with taxation on surplus lines insurers and motor vehicle records fees. S.B. 1634 will require surplus line producers to file reports twice a year with...
Study: Ill. W/C Costs Higher Than Most
Jun 25 2003 // Workers’ compensation costs per claim in Illinois were among the highest of the states analyzed in a new study and continuing to rise, according to the Workers Compensation Research Institute (WCRI). The study of 12...
Ill. Legislators to Hold Hearings on Uninsured Motorists
Jun 23 2003 // Illinois Reps. Karen Yarborough (D-Maywood) and John Millner (R-St. Charles) are holding two hearings to give agents and the public a forum to discuss the effectiveness of the state’s mandatory insurance laws. Newly...
Credit Scoring, Nonrenewal Bills Highlight of Ill. Legislative Session
Jun 4 2003 // Legislation dealing with commercial lines nonrenewals, fee increases and credit scoring were among the top insurance-related bills that passed the 2003 Illinois General Assembly, which adjourned May 31. “The...
Esurance Insurance Co. Offering Auto Program in Illinois
May 15 2003 // Esurance Insurance Co. is offering a new market for personal lines auto insurance in Illinois. Policy limits are $250/$500; deductibles are $250/$500/$1,000. The product is an admitted market with an ‘A’...
Illinois Docs Rally, Urge U.S. Senate to Act
May 14 2003 // Thousands of patients, physicians and other supporters of medical liability reform gathered in Chicago’s Daley Plaza to urge federal lawmakers to fix an out-of-control legal system that is seriously threatening...
Ill. Agents Hail Approval of Credit Scoring Bill
May 9 2003 // The Professional Independent Insurance Agents of Illinois said in a statement it approves of the state Senate’s yes vote on HB 1640 Osmond (Jacobs) Insurers Use of Credit Scoring. The bill, which passed the Senate...
Nightclub Tragedies to Worsen Already Volatile Marketplace
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
Nightclub Tragedies to Worsen Already Volatile Marketplace
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
N.D. Enacts NCOIL Insurance Scoring Model; Kan. Bill Sent To Governor
Apr 10 2003 // Legislation regulating the use of credit-based insurance scores was recently signed by North Dakota’s governor and has passed the Kansas legislature. Three other states, Colorado, Virginia and Wyoming have enacted...
Cuts Force Ill. DOI to Suspend Research Service
Apr 3 2003 // The Illinois Department of Insurance has suspended a comlimentary service which researched and answered questions about specific company rate filings, including the amounts of increases or decreases and effective dates. A...
Illinois CPA Society Reinsurance Conference Highlights Marketplace Developments
Mar 31 2003 // The Illinois CPA Society’s 2003 Reinsurance Conference, a half-day event April 23 at the Illinois Department of Insurance in Chicago, will address best practices and current issues arising in the reinsurance...
Chicago Nightclub Insurer Sues to Avoid Payment
Mar 20 2003 // Liquor establishment specialty insurer Illinois Casualty Co. has filed suit to avoid payment on two policies held by the Chicago nightclub and restaurant where 21 people died last month in a stampede, according to the...
