Latest Illinois Headlines

All the headlines from our Illinois Topic Page, ordered by recency.

Assurance Awards 2006 Scholarships to Illinois State University Students

May 16 2006 // Assurance Agency, Ltd., recently announced the recipients of its 2006 insurance college scholarship program. Illinois State University students Matt Britton and Christopher Switzer were each presented with a $1,000...

lll. Attorney General, 38 others, oppose health plan pending in U.S. Senate

May 8 2006 // Illinois Attorney General Lisa Madigan sent a letter at the end of April to U.S. Senate members urging them to oppose a bill that would dramatically change the health insurance marketplace by preempting state-mandated...

$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.

May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...

ACE settles bid-rigging case for $80 million

May 8 2006 // Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and...

lll. Attorney General, 38 others, oppose health plan pending in U.S. Senate

May 8 2006 // Illinois Attorney General Lisa Madigan sent a letter at the end of April to U.S. Senate members urging them to oppose a bill that would dramatically change the health insurance marketplace by preempting state-mandated...

$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.

May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...

News Currents

May 8 2006 // ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with...

RLI Corp. of Ill. Declares 12 Percent Dividend

May 5 2006 // Peoria, Ill.-based RLI Corp.’s board of directors has declared a 2nd quarter cash dividend of $0.19 per share, reflecting a two cent, or 12 percent increase over the prior quarter’s dividend. The dividend,...

Ill. Workers Comp Fee Schedule Open to Abuse, Insurer Group Says

May 2 2006 // The Property Casualty Insurers Association of America has concerns based on a National Council on Compensation Insurance’s estimate that implementation of Illinois’ new medical fee schedule will result in...

Ill. Mutual Hosts Disability Insurance Awareness Month in May

May 1 2006 // Peoria, Ill.-based Illinois Mutual, a provider of disability insurance, will hold its second annual Disability Insurance Awareness Month (DIAM) during May. DIAM is an event created by Illinois Mutual to help consumers and...

Ill. Attorney General, 38 Others, Oppose Health Plan in U.S. Senate

Apr 27 2006 // Illinois Attorney General Lisa Madigan sent a letter this week to U.S. Senate members urging them to oppose a bill that would dramatically change the health insurance marketplace by preempting state-mandated benefit...

Trade Group: Ill. Workers’ Comp Fee Schedule Lacks Expected Savings

Apr 27 2006 // The American Insurance Association today said an analysis by the National Council of Compensation Insurance (NCCI) of Illinois’ new workers’ compensation medical fee schedule provides the first indication that...

$80 Million Settlement Reached in Bid-rigging Case with Ill., Conn., N.Y.

Apr 26 2006 // Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced an $80 million settlement agreement with Bermuda-based holding company ACE,...

N.Y. Agents Disappointed with Zurich Commission Disclosure Plans

Apr 24 2006 // New York independent insurance agents are not too happy that Zurich Financial Services has decided to implement nationwide the stricter of two agency compensation disclosure policies it signed as part of recent settlements...

Toll Plazas Present Serious Highway Danger, Feds Warn

Apr 20 2006 // The most dangerous place on the highway is the toll plaza, say federal safety investigators who are urging changes to reduce accidents like one that claimed eight lives in Illinois. Thirty states, including Oklahoma, have...

Deadly storms hit Midwest again in new round of spring tornadoes

Apr 17 2006 // The new round of tornadoes hit the Midwest less than one month after a similar grouping of twisters, high winds and damage hit a five-state area on March 12. News Currents Another round of deadly storms hit the Midwest...

Ill. Mom, Son Duo Destroy Family Car in Insurance Fraud Scam

Apr 13 2006 // An Orland Park, Ill. mother and her 19-year-old son are accused of destroying a family car then reporting it stolen to collect insurance money. Janet L. Hurta, 50, was charged with felony insurance fraud, police said. Her...

State Farm Automobile Insurance Co. President to Retire after 44 years

Apr 11 2006 // State Farm Mutual Automobile Insurance Co. announced today that Vincent J. Trosino Sr., its president, vice chairman and chief operating officer, will retire at the end of 2006, ending a 44-year career with the...

Largest Medical Malpractice Insurer in Ill. to Cut Premiums by 5.2 Percent

Apr 7 2006 // Illinois’s ISMIE Mutual Insurance Company, the state’s largest medical malpractice insurer, announced this week that it will cut its average premiums by 5.2 percent starting July 1, 2006. The announcement by...

Illinois-based Arthur J. Gallagher Acquires Sobieski & Bradley, Inc.

Apr 5 2006 // Chicago-based Arthur J. Gallagher & Co. announced the acquisition of Sobieski & Bradley, Inc. of Salt Lake City, Utah. Terms of the transaction were not disclosed. Formed in 1987, Sobieski & Bradley, Inc. is...