Latest Illinois Headlines

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

Specialty Program Group Acquires Illinois’ Insurance Allies

Nov 13 2023 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, announced that it has acquired the assets of Insurance Allies LLC (Insurance Allies), an industry leader in the...

Peace Corps to Pay $750,000 to Family of Illinois Woman Who Died After Misdiagnosis

Nov 9 2023 // The Peace Corps has agreed to pay $750,000 to the family of a 24-year-old volunteer from Illinois who died in 2018 in East Africa after the agency’s doctors misdiagnosed a case of malaria, a law firm announced...

Illinois Jury Awards $7.1M to Cooking Spray Burn Victim

Nov 3 2023 // CHICAGO (AP) – A jury in Illinois has ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly injured in 2017 when a can of commercial brand cooking spray ignited in a kitchen at...

Ryan Specialty Acquires Illinois MGU AccuRisk

Oct 31 2023 // Ryan Specialty announced it has signed a definitive agreement to acquire AccuRisk Holdings, LLC, a medical stop loss managing general underwriter. AccuRisk is headquartered in Chicago, Illinois and was founded in...

Illinois Court Ruling Allows Zurich to Proceed With Subrogation Action in $3 Million Builder’s Risk Claim

Oct 25 2023 // Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a nearly $3 million builder’s risk claim by designing a defective stormwater detention system...

Illinois County to Pay $3.3 Million to Woman Killed in Police Pursuit

Oct 24 2023 // ROCKFORD, Ill. (AP) – Winnebago County officials will pay $3.3 million to the family of a Rockford woman killed in a police pursuit. Joy Lambert, 55, was killed when a driver fleeing a sheriff’s deputy at speeds...

Illinois City to Pay $1.9 Million Settlement to Teen Shot by Officer in Gun Battle With Bank Robbery Suspect

Oct 23 2023 // CHICAGO (AP) – A teenager who was shot and wounded during a 2019 shootout between suburban Chicago police and a bank robbery suspect inside a music school has reached a $1.9 million settlement with the city of Des...

Independent Insurance Agents of Illinois Presents Annual Awards

Oct 20 2023 // The Independent Insurance Agents of Illinois ((IA of IL) presented awards to top agents and agencies during the association’s annual convention held in Peoria last week.Connor & Gallagher OneSource (CGO) of Lisle...

People Moves: Padilla Named President of the Independent Insurance Agents of Illinois

Oct 18 2023 // Allyson Padilla Named President of the Independent Insurance Agents of IllinoisAllyson Padilla of Blank’s Insurance Agency in Olney, Illinois, has been elected and was formally installed as the President of the...

Business Moves

Oct 16 2023 // James River Group Holdings, Amynta GroupJames River Group Holdings Ltd. said some of its subsidiaries have entered into an agreement to sell the renewal rights to their individual risk workers’ compensation (IRWC)...

Mother of Teen Found Dead in Illinois Hotel Freezer Reaches Settlement in Lawsuit

Oct 11 2023 // CHICAGO (AP) – The mother of a 19-year-old Chicago woman who was found dead in 2017 in a freezer at a suburban hotel where she had attended a party has reached a settlement in her lawsuit against the hotel and others.A...

Illinois’ Dover Bay Specialty Insurance Company Downgraded by AM Best

Oct 6 2023 // AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a” (Excellent) of Dover Bay...

5 Died of Exposure to Chemical in Central Illinois Crash, Preliminary Autopsies Find

Oct 4 2023 // Five people died from exposure to a chemical that spilled after a semitruck overturned in central Illinois, according to autopsies.Effingham County Coroner Kim Rhodes said official results from the autopsies won`t be...

Investigation Continues Into Deadly Illinois Crash of Truck Crash Carrying Toxic Chemical

Oct 3 2023 // Authorities resumed their investigation of a central Illinois truck crash that killed five people, injured five others and prompted an evacuation for hundreds of residents after a toxic chemical leak.The tanker truck,...

Truck Crash in Illinois Kills Five and Forces an Evacuation

Oct 2 2023 // SPRINGFIELD, Ill. (AP) – Five people were killed and five were seriously injured after a truck overturned in central Illinois, causing a toxic substance to leak from its cargo and forcing the evacuation of hundreds of...

Invasive Spotted Lanternflies Found in Illinois, Threatening Crops and Native Tree

Sep 29 2023 // SPRINGFIELD, Ill. (AP) – Illinois is the latest state to find invasive spotted lanternflies, a winged insect that`s spreading across the eastern U.S. and is subject to squish-on-sight requests in New York and...

Illinois Appellate Court Rules Freight Broker Not Liable for $18M Jury Award in Teen’s Brain Injury Case

Sep 28 2023 // A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday.A panel of the 1st District...

Viewpoint: Biometric Litigation Is Significant Emerging Risk for Insurers

Sep 28 2023 // Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave.States are increasingly passing biometric laws...

The Hilb Group Expands Into Illinois

Sep 21 2023 // The Hilb Group announced that it has acquired an Illinois-based property and casualty business, building on the company’s growing presence in the Midwest region and broadening its offerings to include specialized...

Origami Risk Acquires Illinois’ Dais Technology

Sep 18 2023 // Origami Risk announced it has acquired Chicago, Illinois-based Dais Technology, a provider of no-code insurance technology. The acquisition increases Dais’ market reach and client support capabilities and expands...