Latest Illinois Headlines

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

Business Moves

Mar 4 2024 // Webster Bank, Ametros Financial Corp.Connecticut-based Webster Bank completed its acquisition of Ametros Financial Corp., a firm that administers medical claims settlements. Ametros provides post-settlement medical...

Illinois Insurance Agent Sentenced to 7 Years in Prison for Swindling Premiums

Feb 27 2024 // The owner of a suburban Chicago insurance agency has been sentenced to seven years in federal prison for swindling more than $1 million from clients by collecting annuity premiums for policies that he never purchased, the...

Business Moves

Feb 19 2024 // Majesco, Decision Research Corp.Majesco, a cloud insurance software provider for the insurance business, acquired the Decision Research Corporation (DRC). DRC, based in Philadelphia-based, is a SaaS-based insurance...

Illinois Construction Contractor Fined $264K for Safety Violations

Feb 15 2024 // An Illinois construction contractor – with a history of ignoring federal safety regulations – has again been found exposing workers to deadly fall hazards on a jobsite in Naperville.Inspectors with the U.S. Department...

Illinois Court Fines Telemarketing Company $28M for Unsolicited Calls

Feb 1 2024 // A federal district court has entered final orders against a telemarketing company and its owners, who made millions of illegal, unsolicited calls to people that were registered on the Do Not Call Registry. The Northern...

Illinois Security Company Fined $70K for Telling Muslim Employee to Shave Beard

Feb 1 2024 // Blackwell Security Services, Inc. will pay $70,000 and provide other relief to settle a religious discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced...

Illinois Man Pleads Guilty to Arson and Insurance Fraud Scheme

Jan 23 2024 // An Illinois man admitted guilt in federal court last week for his involvement in a scheme to commit arson on residential properties and collect fraudulent insurance benefits.Rufis A. Jefferson, 47, of Venice, Illinois,...

Declarations

Jan 22 2024 // “Workplace patterns have changed post-pandemic with work-from-home arrangements, reducing the number of vehicles on the road. However, driver inattentiveness and riskier driving habits have become more problematic in...

Illinois Supreme Court Applies ‘RTFP!’ Principle to Faulty Workmanship Claims

Jan 22 2024 // As reported by attorney Randy Maniloff in his Coverage Opinions newsletter, the Illinois Supreme Court has finally addressed coverage for construction defects, joining what is probably a slight majority of legal...

A Deep Dive into the Diligent Effort (Search) Requirement

Jan 22 2024 // The excess and surplus lines insurance market is a rapidly-growing avenue for the placement of insurance policies in the United States.Many alien (non-U.S.) insurance carriers write surplus lines insurance coverage via...

Illinois Manufacturer Faces in $298K Penalties for Safety Machine Violations

Jan 18 2024 // An Illinois manufacturer faces $298,000 in penalties after an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration found the company failed to guard industrial equipment,...

Wisconsin Assembly Republicans Introduce Limited Medical Marijuana Bill

Jan 11 2024 // MADISON, Wis. (AP) — Wisconsin Assembly Republicans’ highly restrictive plan to legalize medical marijuana in the state drew a lukewarm response from Senate Republicans and Democratic Gov. Tony Evers on Monday.The...

Illinois Contractor Faces $278K in Fines for Exposing Workers to Falls

Jan 9 2024 // Twice within a month, an Illinois roofing contractor — cited previously more than 20 times for violating federal workplace safety regulations — was again found exposing employees to falls as they did residential...

World Insurance Associates Acquires Illinois’ TW Group

Jan 4 2024 // World Insurance Associates LLC acquired the business of TW Group, Inc. of Westmont, Illinois on December 31, 2023. Terms of the transaction were not disclosed. TWG was founded in 1946 and provides insurance to individuals...

Illinois Appeals Court Rules Exclusion Bars BIPA Claims

Dec 20 2023 // An Illinois appellate court decided Tuesday that a general liability insurance policy sold to a Waukegan packaging company clearly excluded coverage for violations of the state Biometric Information Privacy Act, saying a...

Illinois Roofing Contractor Fined $275K for Failing to Provide Fall Protection

Dec 15 2023 // Federal workplace safety inspectors found a Palatine, Illinois contractor did not provide roofing employees with required fall protection, exposing them to the risk of falls from elevation, the construction...

Arthur J. Gallagher & Co. Acquires Illinois’ Hunt Insurance Agency

Dec 12 2023 // Arthur J. Gallagher & Co. announced the acquisition of Palos Heights, Illinois-based Hunt Insurance Agency, Inc., dba Hunt Insurance Group. Terms of the transaction were not disclosed. Hunt Insurance Group is a retail...

Independent Insurance Agents of Illinois to Rebrand as Big I Illinois in 2024

Dec 6 2023 // The Independent Insurance Agents of Illinois announced it will rebrand to Big I Illinois in 2024.The Illinois association’s rebranding will better reflect a name that has resonated with agents, carriers, and...

Illinois High Court: UM Insurance Can’t Be Restricted to Occupants of Covered Vehicles

Dec 4 2023 // The Illinois Supreme Court on Thursday affirmed an appellate court ruling that found that injuries to a 14-year-old boy who was struck by a car while riding his bicycle are covered by his father’s uninsured motorist...

Magnitude 3.6 Earthquake Rattles Parts of Northern Illinois, Parts of 3 Other States

Nov 16 2023 // STANDARD, Ill. (AP) __ A magnitude 3.6 earthquake rattled northern Illinois and parts of three other states early Wednesday, awakening some residents and spurring reports to 911 about homes shaking, the U.S. Geological...