Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Selective Insurance Launches Agency Management Collegiate Competition
Feb 3 2020 // Teams of students from seven universities throughout the U.S. today begin a month-long collegiate competition in which they will run virtual insurance agencies in a computer-simulated environment. The competition, called...
Distinguished Programs Taps Requejo as Sales Leader for Illinois, Wisconsin
Jan 31 2020 // Distinguished Programs, a national insurance program manager, has named Kirkland Requejo regional sales executive for Illinois and Wisconsin. He is based in Chicago. Requejo brings 12 years of military leadership and a...
Lindley Named VP, Chief Information Security Officer at Trustmark in Illinois
Jan 30 2020 // Trustmark Mutual Holding Co., a national employee benefits provider headquartered in Lake Forest, Illinois, has selected Britt Lindley as its new chief information security officer (CISO). Lindley has more than three...
Facebook to Pay $550M to Settle Biometric Privacy Violation Claims
Jan 30 2020 // In what the plaintiffs’ lawyers are calling the largest cash settlement ever resolving a privacy related lawsuit, Facebook has agreed to establish a fund of $550 million to pay Facebook users in Illinois claiming the...
AssuredPartners Acquires Lundstrom Insurance Agency in Illinois
Jan 27 2020 // AssuredPartners Inc. has acquired Lundstrom Insurance Agency Inc. located in Elgin, Illinois. Led by Brett Lundstrom, the agency currently reports $7.3 million in annualized revenues. Founded in 1953 by E. John Lundstrom,...
AssuredPartners Acquires Illinois’ Corkill Insurance Agency
Jan 23 2020 // AssuredPartners Inc. has acquired Corkill Insurance Agency Inc. of Elk Grove Village, Illinois. AssuredPartners said the Corkill acquisition is its first in 2020. The Corkill staff of 104 will remain under the operational...
Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020
Jan 21 2020 // It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and states that are abusing the civil justice system. The report also warns of state courts that did not...
Hub International Acquires Assets of Illinois’ Briargate Insurance
Jan 8 2020 // Hub International Limited (Hub), based in Chicago, has acquired the assets of Briargate Insurance Services Inc. (Briargate Insurance). Based in Chicago Heights, Illinois, Briargate Insurance is an independent agency...
Illinois’ Pinnacle Actuarial Resources Names Mosler Principal, Consulting Actuary
Jan 8 2020 // Pinnacle Actuarial Resources Inc. (Pinnacle) in Bloomington, Illinois, has named Tim Mosler a principal and consulting actuary. Mosler joined Pinnacle in 2014 and has been in the property/casualty insurance industry since...
Legal Sales of Recreational Marijuana Begin in Illinois
Jan 3 2020 // The sale of marijuana for recreational purposes became legal Wednesday in Illinois to the delight of pot fans — many of whom began lining up hours early at dispensaries. About 500 people were outside Dispensary 33 in...
Investigators Cite Leadership Failures at Fire Scene in Illinois Firefighter’s Death
Jan 2 2020 // Failures in leadership at the scene of a March house fire in southern Illinois contributed to the death of a firefighter, state investigators concluded. Godfrey Fire Capt. Jake Ringering was killed and three other...
Insurance Journal’s Top 10 Midwest Region Stories of 2019
Jan 2 2020 // The expanding legalization of marijuana in Midwest states captured the attention of Insurance Journal readers last year. Illinois became the 11th state to legalize recreational cannabis when Gov. J.B. Pritzker in June 2019...
In Midwest, Legal Marijuana Sales May Spark Interstate Tension
Dec 31 2019 // Retailers legally selling marijuana for the past month in Michigan say they have drawn customers from surrounding Midwestern states where the drug remains illegal and, as Illinois prepares to joins the recreational market...
Puff, Puff, Passed: 2019 Marijuana Laws in Review and 2020 Projections
Dec 31 2019 // With 2019 nearly rolled up, it is time to exhale and recap the latest dose of marijuana laws affecting the workplace. In the last twelve months, Illinois became the eleventh state to legalize recreational marijuana use by...
J.M. Wilson Promotes Frawley to Sr. P/C Underwriter in Illinois
Dec 23 2019 // J.M. Wilson has promoted Tim Frawley to senior property/casualty underwriter in the company’s Arlington Heights, Illinois, office. He is responsible for quoting new and renewal accounts for a wide variety of...
U.S. Law Firms ‘Hounded’ Relatives of Ethiopian Airlines’ Crash Victims
Dec 23 2019 // Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved families, saying they represented U.S. law firms. They...
AM Best Downgrades Ratings of Governmental Interinsurance Exchange in Illinois
Dec 11 2019 // AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of Governmental Interinsurance Exchange (GIE), in...
Credit Ratings of Illinois’ National Fire and Casualty Downgraded
Dec 10 2019 // AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of National Fire and Casualty Co. (NFC), based in...
Reuters Special Report: Powder Keg- Regulators Bowed to Industry for Decades Over Talc Risks
Dec 3 2019 // At an invitation-only gathering late last year, U.S. regulators and their guests huddled at a hotel near Washington, D.C., to discuss the best way to detect cancer-causing asbestos in talc powders and cosmetics. The...
People & Places
Dec 2 2019 // National W. R. Berkley Corp. announced the appointment of Daniel R. Westcott as president of Berkley Re America (BRAM). Westcott has 20 years of experience in the property and casualty reinsurance market. He joins Berkley...
