All the headlines from our Illinois Topic Page, ordered by recency.
Sep 20 2004 // Exclusive-agent personal lines giant State Farm Insurance Co. announced that it will cut Illinois homeowners and auto insurance rates, effective Nov. 1 for new insureds and renewals. Homeowners insurance premiums will see...
Sep 17 2004 // After months of partisan and special interest stalemate over medical malpractice reform in the Illinois General Assembly, Gov. Rod Blagojevich has appointed a former judge and hospital lawyer to mediate ongoing...
Aug 26 2004 // While Illinois consumers filed fewer complaints about their insurance companies and HMOs in 2003, complaints regarding homeowners insurers were up for the second consecutive year, according to statistics released by the...
Aug 23 2004 // A solution that is both simple and fair is the creation of an interstate compact like the one under review by NAPSLO’s legislative committee.Surplus line producers have benefited greatly from the Gramm-Leach-Bliley...
Aug 10 2004 // The Illinois Senate voted 53-0 to confirm Fernando E. Grillo as head of the new super-department into which the state’s insurance department has been consolidated. Grillo will head the Department of Financial and...
Aug 4 2004 // Insurers are routinely presented with complaints filed against their insureds where some of the complaint’s allegations do not fall within the coverage provided by an insured’s insurance policy.Nevertheless,...
Aug 3 2004 // Although the Illinois General Assembly just wrapped up the longest overtime in state history, several bills critical to the insurance industry fell by the wayside due to ongoing political wrangling and the overshadowing...
Jul 23 2004 // The latest proposal to address the medical malpractice and access to care crisis in Illinois falls short of meaningful liability reform and contains highly objectionable language that may promote more litigation, the...
Jul 23 2004 // Despite reported overwhelming support by the public and rank-and-file legislators for meaningful reforms to address Illinois’ medical liability crisis, legislators are reportedly being presented with a proposal...
Jul 22 2004 // Suzanne SahakianProperty/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty...
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
Jul 12 2004 // Although the 2004 Illinois legislative session continues into overtime with several insurance issues left on the table, it is unlikely that legislators will focus on anything but restoring a viable budget, according to a...
Jul 5 2004 // Lighting up a cigarette in a bar in Georgetown, Delaware is unlawful, but you can get more drunk in Delaware than anywhere in the nation and still be allowed to get behind the wheel.“Delaware’s got so many laws...
Jun 21 2004 // Thanks to a hard market, a light catastrophic claims load and consistent underwriting, a little mutual based out of West Bend, Wis., was able to surpass the $1 billion asset mark at the end of 2003 for the first time in...
Jun 21 2004 // Former Speaker of the House Tip O’Neill once famously said, “All politics is local.” The same could be said for the insurance industry—insurance coverage is definitely local. In addition, there...
Jun 18 2004 // The CEO of Appleton, Wis.-based SECURA Insurance Cos., John Bykowski, took some time recently to talk with IJ during the Independent Insurance Agents of Wisconsin’s annual convention. SECURA has total assets of $406...
Jun 17 2004 // The acting director of the Illinois Department of Labor has been promoted to oversee Gov. Rod Blagojevich’s consolidation of four financial and regulatory agencies, including the Department of Insurance. Blagojevich...
Jun 8 2004 // The Professional Liability Insurance Company of America (PLICA), announced that it now offers physicians in the Illinois malpractice market a professional liability insurance product that has been developed and designed to...
Jun 7 2004 // As the nation’s population ages, states are looking for ways to weed out people who shouldn’t drive.Half the states have passed some form of elderly driver restrictions, usually laws that require older...
Jun 1 2004 // Gov. Rod Blagojevich said he would veto legislation that tries to slow the growth in malpractice insurance rates by capping some lawsuit awards, an idea being considered by the Illinois House.“I oppose caps...