All the headlines from our Illinois Topic Page, ordered by recency.
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Feb 16 2004 // Medical malpractice, electronic notification and surplus lines will be some of the hot property/casualty issues in the Illinois General Assembly spring session, according to a newsletter sent recently by the Professional...
Feb 11 2004 // Illinois Insurance Director J. Anthony Clark has announced he will step down from his post effective Feb. 13, according to the Associated Press. The constraints forced upon the insurance department by the state’s...
Feb 9 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on...
Jan 26 2004 // Powerful Friends, Enemy Insiders and Embezzlement ChargesWe are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John...
Jan 26 2004 // The Illinois Department of Insurance fined Minnesota-based Federal Mutual Insurance Co. $30,000 and issued a stipulation and consent order for insurance code violations and/or improper claims practices cited in a...
Jan 26 2004 // Powerful Friends, Enemy Insiders and Embezzlement ChargesWe are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John...
Jan 15 2004 // Standard & Poor’s Ratings Services has assigned its ‘R’ financial strength rating to Waukegan, Ill.-based Statewide Insurance Co. after the Illinois Department of Insurance ordered the company to be...
Jan 12 2004 // The workers’ compensation segment in Midwestern states is not immune to the broad trends in the line nationally — including poor combined ratios, escalating medical costs and severe underreserving — but no...
Jan 12 2004 // We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John Hancock Tower. The group’s subsidiary, Near North...
Jan 12 2004 // While service fees have been around for a long time, difficult market conditions and increased agency costs have made the use of service fees by agencies more popular in the past few years.In recognition that the Illinois...
Jan 12 2004 // The 2000 census estimated Illinois’ population at 12.4 million. More than 81 percent of the adult residents had graduated from high school and over 26 percent had earned a bachelor’s degree. Chicago’s 2.9...
Jan 12 2004 // Illinois’ insurance regulatory environment has long been viewed by the industry and business community as the model for other states to emulate, and rightfully so.While every state or region has unique problems in...
Jan 8 2004 // The Circuit Court of Cook County, Ill., has granted Illinois Director of Insurance J. Anthony Clark’s request for the entry of an agreed order of liquidation with a finding of insolvency against Statewide Insurance...
Jan 7 2004 // The American Insurance Association today announced that Jeffrey L. Junkas has joined the organization as director of public affairs for the Midwest region. Junkas will be responsible for media relations, strategic planning...
Dec 1 2003 // Two Belleville, Ill., doctors whose medical liability policies were non-renewed by their respective providers will move out of state, according to the Belleville News-Democrat. The two doctors, Mike Leavell and Mark...
Nov 19 2003 // Fitch Ratings has placed the ‘AA’ Insurer Financial Strength (IFS) ratings of the members of the Travelers Property Casualty Group (Travelers) and the ‘A’ senior debt and long-term issuer ratings of...
Nov 7 2003 // The Alliance of American Insurers has urged Illinois legislators to permanently shelve plans to create a database to track the validity of personal automobile insurance coverage. The proposed database would be administered...
Oct 21 2003 // Illinois urban markets present good business opportunities, according to Illinois Department of Insurance Director Anthony Clark.“Community development leaders have succeeded in improving many neighborhoods,”...
Sep 23 2003 // The Young Agents Committee of the Independent Insurance Agents & Brokers of America (IIABA) today presented its most prestigious annual award to the Young Agents Committee of the Professional Independent Insurance...