Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Study: Ill. W/C Costs Higher Than Most
Jun 25 2003 // Workers’ compensation costs per claim in Illinois were among the highest of the states analyzed in a new study and continuing to rise, according to the Workers Compensation Research Institute (WCRI). The study of 12...
Ill. Legislators to Hold Hearings on Uninsured Motorists
Jun 23 2003 // Illinois Reps. Karen Yarborough (D-Maywood) and John Millner (R-St. Charles) are holding two hearings to give agents and the public a forum to discuss the effectiveness of the state’s mandatory insurance laws. Newly...
Credit Scoring, Nonrenewal Bills Highlight of Ill. Legislative Session
Jun 4 2003 // Legislation dealing with commercial lines nonrenewals, fee increases and credit scoring were among the top insurance-related bills that passed the 2003 Illinois General Assembly, which adjourned May 31. “The...
Esurance Insurance Co. Offering Auto Program in Illinois
May 15 2003 // Esurance Insurance Co. is offering a new market for personal lines auto insurance in Illinois. Policy limits are $250/$500; deductibles are $250/$500/$1,000. The product is an admitted market with an ‘A’...
Illinois Docs Rally, Urge U.S. Senate to Act
May 14 2003 // Thousands of patients, physicians and other supporters of medical liability reform gathered in Chicago’s Daley Plaza to urge federal lawmakers to fix an out-of-control legal system that is seriously threatening...
Ill. Agents Hail Approval of Credit Scoring Bill
May 9 2003 // The Professional Independent Insurance Agents of Illinois said in a statement it approves of the state Senate’s yes vote on HB 1640 Osmond (Jacobs) Insurers Use of Credit Scoring. The bill, which passed the Senate...
Nightclub Tragedies to Worsen Already Volatile Marketplace
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
Nightclub Tragedies to Worsen Already Volatile Marketplace
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
N.D. Enacts NCOIL Insurance Scoring Model; Kan. Bill Sent To Governor
Apr 10 2003 // Legislation regulating the use of credit-based insurance scores was recently signed by North Dakota’s governor and has passed the Kansas legislature. Three other states, Colorado, Virginia and Wyoming have enacted...
Cuts Force Ill. DOI to Suspend Research Service
Apr 3 2003 // The Illinois Department of Insurance has suspended a comlimentary service which researched and answered questions about specific company rate filings, including the amounts of increases or decreases and effective dates. A...
Illinois CPA Society Reinsurance Conference Highlights Marketplace Developments
Mar 31 2003 // The Illinois CPA Society’s 2003 Reinsurance Conference, a half-day event April 23 at the Illinois Department of Insurance in Chicago, will address best practices and current issues arising in the reinsurance...
Chicago Nightclub Insurer Sues to Avoid Payment
Mar 20 2003 // Liquor establishment specialty insurer Illinois Casualty Co. has filed suit to avoid payment on two policies held by the Chicago nightclub and restaurant where 21 people died last month in a stampede, according to the...
AIA: Industry Investment Losses Not Driving Med Mal Premiums
Mar 19 2003 // Rising claims costs, not stock market losses, are the real culprit behind increasing medical malpractice premiums for Illinois physicians, a policy analyst for the American Insurance Association (AIA) told legislators at a...
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...
