All the headlines from our Illinois Topic Page, ordered by recency.
Dec 17 2018 // The stamping fee for surplus line policies written in Illinois with an effective date on or after Jan. 1, 2019, will drop to 0.075 percent (premium X 0.00075), rounded to the nearest whole dollar, the Surplus Line...
Dec 13 2018 // Brightway Insurance has added a new agency location in Illinois — Brightway, The Nadelhoffer Family Agency in Warrenville opened by Matt and Rebecca Nadelhoffer.The Nadelhoffers come to Brightway with experience in...
Dec 7 2018 // A company spokesman says 50,000 or more hens died in a fire that destroyed two barns of an egg farm in rural northeastern Illinois.Mussman’s Back Acres Inc. spokesman Brian Burch says 275,000 to 300,000 hens survived...
Dec 5 2018 // Ellsworth Insurance Agency in Edwardsville, Illinois, has hired Aaron Head as an insurance advisor and producer.Head will generate leads, develop new accounts, and handle existing accounts. He also will provide specialized...
Dec 4 2018 // The stamping fee for Illinois surplus line policies an effective date of Jan. 1, 2019, and later will drop to 0.075 percent (premium X 0.00075), rounded to the nearest whole dollar, Surplus Line Association of Illinois...
Dec 3 2018 // The family of a Northern Illinois University student who died while enduring a fraternity hazing has reached a $14 million settlement of their lawsuit.David Bogenberger of Palatine, Illinois, was found dead in November...
Dec 3 2018 // The National Weather Service says multiple tornadoes touched down in central Illinois, damaging dozens of structures, downing power lines and injuring at least 20 people.Meteorologist Chris Geelhart says the twisters...
Nov 29 2018 // People who are harmed or injured in incidents that are the state government’s fault will be eligible for damage awards of as much as $2 million after the state House voted to override a veto by Illinois Gov. Bruce...
Nov 27 2018 // Managing general agency and surplus lines broker, J.M. Wilson, has made a number of personnel changes in its transportation department with promotions and new hires in the Midwest.Josh Mauk was promoted to senior...
Nov 8 2018 // The Illinois Supreme Court has agreed with an insurance agent’s argument that under state law insureds have two years from the date an insurance policy is issued to file suit against an insurance producer alleging...
Nov 8 2018 // Mile Auto Inc. has launched its pay-per-mile insurance product in Oregon and Illinois.In a press announcement, Mile Auto said its pay-per-mile model can save low mileage drivers 30 percent to 40 percent over traditional...
Nov 8 2018 // A.M. Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “a” of Governmental Interinsurance Exchange (GIE) in...
Oct 30 2018 // The Illinois Department of Transportation has begun a statewide initiative among multiple government agencies to develop a testing program for connected and autonomous vehicles.Gov. Bruce Rauner signed an executive order...
Oct 19 2018 // Cook County’s board of commissioners have voted for a nearly $4 million settlement of a malpractice lawsuit filed after an alleged botched heart surgery at Chicago’s Stroger Hospital.Lawyers for Jaime Flores...
Oct 17 2018 // A northern Illinois county has agreed to a $3 million settlement with the family of a pregnant woman who was killed in a crash at a rural intersection where a stop sign was missing. The May 2013 crash near the Stephenson...
Oct 15 2018 // A Chicago insurance agent has pleaded guilty to failing to pay federal and state taxes on more than $4.7 million in income earned over a decade, according to federal prosecutors.The office of the United States Attorney for...
Oct 15 2018 // COUNTRY Financial, headquartered in Bloomington, Illinois, has named Jim Jacobs as its next chief executive officer (CEO), effective early next year.He succeeds Kurt Bock, who is retiring Jan. 31, 2019, after serving as...
Oct 10 2018 // Swiss Re Corporate Solutions has named Chris Sullivan head sales in the central region.Sullivan will be based in Chicago, Ill., and responsible generating new business, managing relationships with brokers and driving...
Oct 8 2018 // Patrick Muldowney has been elected president of the Independent Insurance Agents of Illinois.The Chicago-based Muldowney will be responsible for the general leadership functions of the organization. He will also serve as a...
Oct 5 2018 // Ohio-based Tower Hill Specialty is now offering property insurance in Illinois.Currently available in seven states, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products....