Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Illinois Court Slashes Jury Award by $15M in Medical Malpractice Case
Feb 12 2018 // An Illinois jury’s medical malpractice award has been slashed by $15 million because the injured woman died the day before the 2015 trial verdict. The Chicago Daily Law Bulletin reports Illinois’ 1st District...
Arthur J. Gallagher Acquires Illinois’ Market Financial Group, Austin Consulting
Jan 29 2018 // Arthur J. Gallagher & Co. has acquired Crystal Lake, Illinois-based Market Financial Group Ltd. and its affiliate, Austin Consulting Group Inc. Terms of the transaction were not disclosed. Market Financial Group is a...
Illinois Pallet Manufacturer Faces $91.8K Fine After Employee Injury
Jan 26 2018 // Federal safety officials have cited an Illinois pallet manufacturer for machine safety violations after an employee was injured while conducting maintenance on equipment. The U.S. Department of Labor’s Occupational...
Test Finds Possibility of Legionella Bacteria at Illinois Capitol Complex
Jan 25 2018 // Preliminary test results show the possible presence of Legionella bacteria in the Illinois Capitol Complex’s hot water system and officials have removed aerators and shut off the showers to reduce the possibility of...
Audit Finds Lax Monitoring of $7B in Illinois Medicaid Payments to Insurers
Jan 25 2018 // Illinois Gov. Bruce Rauner’s administration cannot adequately account for more than $7 billion paid to Medicaid insurance providers in 2016, an audit released on Jan. 23 found. The critical review by Auditor General...
Prospect General Offering Admitted Residential Flood Product in Illinois
Jan 24 2018 // Prospect General Insurance Agency (Prospect General) has launched its admitted residential flood insurance product, Flood Guard, in Illinois. Written through Palomar Specialty Insurance Co., Flood Guard provides...
People
Jan 8 2018 // Grinnell, Iowa-based property and casualty insurer/reinsurer, Grinnell Mutual, named Dave Wingert, executive vice president and chief operating officer, to serve as acting president. Larry Jansen retired on Dec. 15, 2017,...
Old Republic in Illinois Names Lange Senior Vice President
Dec 29 2017 // Chicago, Ill.-based Old Republic International Corp. has named Jeffrey Lange senior vice president in underwriting and distribution of the Old Republic General Insurance Group Inc. Concurrently, he will become a member of...
Top Insurance Journal Midwest Stories of 2017
Dec 29 2017 // A bad broker, classic cars that got destroyed in a fire and insurer rating downgrades were among the most widely read news stories in Insurance Journal’s Midwest region in 2017. Broker Gone Bad One story that...
Alera Group Acquires Illinois’ Hallberg Commercial Insurers
Dec 19 2017 // Deerfield, Illinois-based employee benefits, property/casualty, risk management and wealth management firm, Alera Group, has acquired Hallberg Commercial Insurers Inc. in Oakbrook, Illinois. Hallberg Commercial provides...
Business Moves
Dec 18 2017 // USI, Wells Fargo USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA, formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and...
Illinois’ Olsick & Company Insurance Agency Joins Keystone
Dec 14 2017 // Olsick & Company Insurance, located in Willowbrook, Illinois, has joined Keystone Insurers Group (Keystone), the companies announced. The agency is Keystone’s 18th partner in Illinois. The announcement was made...
Illinois Jury Awards $5M to Nurse Fired After Reporting Alleged Abuse
Dec 13 2017 // A central Illinois jury has awarded $5.2 million to a nurse who claims she was fired from a nursing home after reporting alleged abuse. The (Bloomington) Pantagraph reports Katrina Wesemann worked as a licensed practical...
Ex-Tennessee Lawmaker Sues Trucking Company for $1.5M Over Accident Injuries
Dec 12 2017 // A former Tennessee lawmaker is suing an Illinois trucking company for injuries he received in a vehicle accident. The Kingsport Times News reports that former state Rep. Jason Mumpower, who is currently the Tennessee...
Guilty of Insurance Fraud, Illinois Chiropractor Gets 20-Month Prison Term
Dec 11 2017 // A suburban Chicago chiropractor has been sentenced to 20 months in prison for billing an insurance company more than $4 million for treatment that was unnecessary or never provided. Federal prosecutors said Thursday...
Illinois Sees Growth in Medical Payments per Workers’ Compensation Claim
Dec 8 2017 // Medical payments per workers’ compensation claim in Illinois grew 3.1 percent per year on average from 2012 through 2015, according to a recent study by the Workers Compensation Research Institute (WCRI). In all,...
Illinois’ Koetting Insurance and Resource Agency Joins Insurance Alliance
Dec 6 2017 // Koetting Insurance and Resource Agency in Germantown, Ill., has joined St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a cohesive family of over 100 independent insurance agencies in Missouri and...
COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting
Dec 6 2017 // Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the...
Arthur J. Gallagher & Co. Acquires Illinois’ Weiss Insurance Agencies
Dec 4 2017 // Arthur J. Gallagher & Co. has acquired Wayne, Illinois-based Weiss Insurance Agencies Inc. Terms of the transaction were not disclosed. Founded in 1905, Weiss Insurance Agencies provides a full range of employee...
Illinois’ EH Nolkemper Insurance and Missouri’s Daniel & Henry Co. Join Forces
Dec 1 2017 // EH Nolkemper Insurance Agency in Columbia, Ill., led by Steven Straub, has merged with St. Louis, Missouri-based The Daniel & Henry Co. The EH Nolkemper team will join one of The Daniel & Henry Co.’s...
