Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Ill. Bill Establishing No-Call Lists Exempts Insurers
Apr 19 2002 // A bill that unanimously passed an Illinois House panel April 16 permits establishment of “no-call” lists, but enables insurance companies to continue to use marketing strategies that best suit their needs,...
Ill. Senate Passes Red Light Camera Legislation
Apr 11 2002 // Legislation designed to reduce the high rate of automobile accidents caused by red light violations recently passed the Illinois Senate. Senate Bill 2159 permits municipalities and counties to install red light cameras...
Ill. Orders Legion Indemnity into Conservation
Apr 9 2002 // Illinois Insurance Director Nathaniel S. Shapo has obtained a conservation order against Legion Indemnity Company. The conservation of Legion was precipitated by rehabilitation orders entered in the state of Pennsylvania...
Gallant and Valor Ordered into Conservation in Ill.
Mar 19 2002 // Illinois Insurance Director Nathaniel Shapo announced that he obtained an Order of Conservation against Gallant and Valor Insurance Companies on Feb. 25, following the Department of Insurance’s determination that...
Red Light Running on Docket for Ill. Legislative Committee
Mar 13 2002 // The Illinois legislature is considering a bill that would permit municipalities and counties to install red light cameras. According to the National Association of Independent Insurers (NAII), if lawmakers pass Senate Bill...
Illinois Insurance Department Releases Credit History Survey Results
Feb 25 2002 // Illinois Director of Insurance Nat Shapo announced the release of the results of a survey on the use of consumers’ credit histories by the Illinois property and casualty insurance industry. In response to public...
S&P Assigns Delta Casualty Co. ‘R’
Feb 25 2002 // S&P assigned its “R” financial strength rating to Delta Casualty Co. (Delta Casualty). On Dec. 4, 2001, the Cook County Circuit Court in Illinois issued an order of liquidation upon finding that Delta...
Lawyers on Illinois Case Seeking Restitution and Punitive Damages
Dec 24 2001 // Lawyers representing the village of Rosemont, Ill., are seeking restitution and punitive damages in a civil lawsuit against an insurance broker that village officials say allegedly defrauded them out of around $1 million....
NAII Urges Illinois State Supreme Court to Uphold Constitutionality of State Law
Dec 12 2001 // The National Association of Independent Insurers (NAII) is urging the Illinois State Supreme Court to uphold the constitutionality of a state law that prevents defendants that bear little responsibility for damages from...
Illinois Court Issues Order of Liquidation against Delta Casualty Company
Dec 7 2001 // Illinois Insurance Director Nat Shapo announced that the Cook County Circuit Court issued an Order of Liquidation with a finding of insolvency against Delta Casualty Company on Dec. 4, following a determination by the...
NAII Urges Illinois Supreme Court to Change Ruling
Nov 27 2001 // Stating that thousands of policy amendments sent through the mail during the past decade could be ruled invalid if an Illinois appellate court decision is not overturned, the National Association of Independent Insurers...
Cook County Illinois Circuit Court Follows Department’s Determination
Nov 20 2001 // Illinois Insurance Director Nat Shapo announced last week that the Cook County Circuit Court issued an Order of Liquidation With a Finding of Insolvency against United Capitol Insurance, following the Department of...
Judge Adds to Verdict in Trial of Pair of Chicago Companies
Oct 22 2001 // A judge has added $1.8 million in punitive damages to a $3 million jury verdict in the fraud trial of two Chicago area insurance companies accused of dragging their feet in paying out claims. According to a report in the...
Illinois Director Issues Bulletin to Comply with Executive Order
Oct 17 2001 // Illinois Insurance Director Nat Shapo has issued a bulletin to all Illinois insurance companies advising them to review their records and comply with an executive order signed by President Bush to freeze the assets of any...
Insurance for Family Protection Now Available
Oct 12 2001 // Insurance is now available to help protect Illinois families from financial loss if a loved one is the victim of one of four criminal activities. The Chubb Group of Insurance Companies is now offering Masterpiece® Family...
Illinois Company Conserved
Sep 24 2001 // Illinois Insurance Director Nat Shapo announced that he obtained an Order of Conservation against United Capitol Insurance Company on Sept. 12, following the Department of Insurance’s determination that the company...
Associated Physicians Ins. Co. Gets ‘R’
Sep 24 2001 // S&P assigned its “R” FSR to Associated Physicians Insurance Co. (APIC). APIC was declared insolvent and placed into liquidation on Aug. 16 by the Circuit Court of Cook County, Ill. The agreed order was...
Mercury Insurance Alleges Peoria, Ill.-based Mail Order Firm Misrepresented Itself
Sep 21 2001 // The company which provides $40 million in liability and fiduciary coverage for Foster & Gallagher Inc. claims that insurance is void because of misrepresentation by the Peoria-based mail order firm. St. Paul’s...
Progressive Expands Homeowners Product Offering to Illinois Agents
Sep 21 2001 // Progressive, one of the largest auto insurance companies in Illinois, made its homeowners insurance product available to be sold exclusively by independent agents in Illinois starting the week of Sept. 19. Initially, the...
S&P Assigns Associated Physicians Ins. Co. ‘R’ FSR
Aug 30 2001 // Standard & Poor’s assigned its “R” financial strength rating to Associated Physicians Insurance Co. (APIC). APIC was declared insolvent and placed into liquidation on Aug. 16, 2001, by the Circuit...
