Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Ill. Scoring Bill a Cinch to Pass, Say Industry Reps
Mar 17 2003 // A bill to regulate credit-based insurance scoring substantially similar to a model bill formulated by the National Conference of Insurance Legislators (NCOIL) has been passed out of Illinois’ House Insurance...
Ill. Insurance Groups to Host ‘Legislative Day’
Mar 14 2003 // Four Illinois insurance trade groups will host a day-long meet-and-greet for insurance professionals and state legislators in Springfield March 18. The event, “Insurance Industry Legislative Day,” is an annual...
Several Midwestern States Revisit Insurance Scoring
Mar 6 2003 // The issue of credit-based insurance scoring is being revisited in many Midwestern states that considered legislation or regulations on the subject in previous years, according to the National Association of Independent...
Ill. Agent’s License Revoked
Mar 4 2003 // The insurance producer license of David C. Bova of Bloomington, Ill., has been revoked by the state’s Department of Insurance. Bova, licensed since Nov. 12, 1997, to sell life, accident and health, and fire and...
Former Life Insurance Counsel Named Ill. Insurance Director
Mar 4 2003 // Gov. Rod Blagojevich, a Democrat, has appointed a former life insurance company lawyer the state’s new director of the Illinois Department of Insurance. J. Anthony Clark, 50, worked for 10 years as counsel for...
Illinois Docs Protest Premiums in Capitol Rotunda
Feb 27 2003 // Approximately 300 Illinois doctors, most from the Chicago area, staged a “white-coat rally” in the rotunda of the state’s capitol in Springfield. Illinois already has limits on non-economic and punitive...
Illinois Docs to Protest Med Mal Premiums
Feb 25 2003 // Illinois physicians are planning a one-day strike on Wednesday in Springfield to protest skyrocketing malpractice premiums and the litigation costs they say are the cause for them, according to the Chicago...
Illinois Court Rules Employee Injured at Company Picnic Can File for Workers’ Comp
Feb 13 2003 // An Illinois appeals court has decided that an employee who injured his knee playing basketball at a company picnic can file a workers’ compensation claim. The decision overturned a ruling by an arbitrator who ruled...
NAII Files Amicus Brief in Ill. Upholding Validity of Appraisal Clause in Claims
Jan 31 2003 // The National Association of Independent Insurers (NAII) filed an amicus brief this week with the Illinois Supreme Court to dispute an attempt by the Illinois trial bar to regulate the insurance industry in the...
Sonnenschein Adds to Regulatory Group With Addition of Former Ill. Director
Jan 30 2003 // Sonnenschein Nath & Rosenthal announced the addition of five prominent lawyers to its Insurance Group, enhancing its national insurance regulatory, transactional and reinsurance practices and its insurance...
Illinois Exec. Sentenced for Fraud Scheme
Jan 29 2003 // A trucking executive convicted in federal court for defrauding the town of Cicero, Ill., of $12 million-plus in an insurance scheme was sentenced to more than 12½ years in prison, according to the Chicago Tribune. John...
AAI Urges Caution on Coding Requirements of IL Mold Rule
Dec 13 2002 // The Alliance of American Insurers (AAI) warned that a bulletin recently filed by the Illinois Department of Insurance concerning mold “will create burdensome reporting requirements for insurers that will result in...
Wash. L&I Names Illinois Ins. Veteran to Head WC System
Dec 3 2002 // Robert Malooly, a 30-year veteran of the insurance industry, has been selected to run Washington State’s industrial insurance system. Malooly, 54, who rose from claims adjudicator to chairman and CEO of the...
Illinois Ins. Commissioner Orders Oak Casualty into Liquidation
Nov 21 2002 // Illinois Insurance Director Nat Shapo announced that the Cook County Circuit Court has issued an Order of Liquidation with “A Finding of Insolvency” against Oak Casualty Insurance Company. The finding, issued...
Illinois Court Overturns Decision that Expanded Insurer Liability
Nov 18 2002 // The Illinois’ Appellate Court has reversed a lower court ruling that allowed a plaintiff to collect on underinsured motorist coverage even though a policy option that offered the coverage had been rejected. The case,...
Illinois’ Biggest Med Mal Insurer to Impose Moratorium on New Business
Nov 15 2002 // ISMIE Mutual Insurance Co., the largest medical malpractice insurer in Illinois, has decided to impose a moratorium on accepting any new business after January 1, 2003. According to a report in the Chicago Tribune ISMIE...
AAI Supports State Farm in Illinois Aftermarket Parts Case
Nov 6 2002 // The Alliance of American Insurers announced that it will file an amicus brief with the Illinois Supreme Court today in support of State Farm’s appeal of a lower court judgment in the case of Avery vs. State Farm...
New Charges Filed Against Segal
Nov 4 2002 // Federal prosecutors in Chicago have expanded their original indictment of Michael Segal, founder and CEO of Near North Insurance Brokerage Inc., charging him with looting the company of more than $20 million over a 12-year...
NAII Supports Proposed Customer Privacy Rules In Illinois
Oct 24 2002 // The National Association of Independent Insurers indicated that it supports a proposed privacy rule being considered by the Illinois Department of Insurance, as it will “further safeguard the personal information of...
NAII Hails Avery Appeal as Move Against “Judicial Hellholes”
Oct 7 2002 // The NAII strongly approved the Illinois Supreme Court’s decision to review the judgment in the case of Avery vs. State Farm, which awarded $1.2 billion in damages to the plaintiffs in a nationwide lawsuit against the...
