All the headlines from our Illinois Topic Page, ordered by recency.
May 9 2003 // The Professional Independent Insurance Agents of Illinois said in a statement it approves of the state Senate’s yes vote on HB 1640 Osmond (Jacobs) Insurers Use of Credit Scoring. The bill, which passed the Senate...
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...
Apr 10 2003 // Legislation regulating the use of credit-based insurance scores was recently signed by North Dakota’s governor and has passed the Kansas legislature. Three other states, Colorado, Virginia and Wyoming have enacted...
Apr 3 2003 // The Illinois Department of Insurance has suspended a comlimentary service which researched and answered questions about specific company rate filings, including the amounts of increases or decreases and effective dates. A...
Mar 31 2003 // The Illinois CPA Society’s 2003 Reinsurance Conference, a half-day event April 23 at the Illinois Department of Insurance in Chicago, will address best practices and current issues arising in the reinsurance...
Mar 20 2003 // Liquor establishment specialty insurer Illinois Casualty Co. has filed suit to avoid payment on two policies held by the Chicago nightclub and restaurant where 21 people died last month in a stampede, according to the...
Mar 19 2003 // Rising claims costs, not stock market losses, are the real culprit behind increasing medical malpractice premiums for Illinois physicians, a policy analyst for the American Insurance Association (AIA) told legislators at a...
Mar 17 2003 // A bill to regulate credit-based insurance scoring substantially similar to a model bill formulated by the National Conference of Insurance Legislators (NCOIL) has been passed out of Illinois’ House Insurance...
Mar 14 2003 // Four Illinois insurance trade groups will host a day-long meet-and-greet for insurance professionals and state legislators in Springfield March 18. The event, “Insurance Industry Legislative Day,” is an annual...
Mar 6 2003 // The issue of credit-based insurance scoring is being revisited in many Midwestern states that considered legislation or regulations on the subject in previous years, according to the National Association of Independent...
Mar 4 2003 // The insurance producer license of David C. Bova of Bloomington, Ill., has been revoked by the state’s Department of Insurance. Bova, licensed since Nov. 12, 1997, to sell life, accident and health, and fire and...
Mar 4 2003 // Gov. Rod Blagojevich, a Democrat, has appointed a former life insurance company lawyer the state’s new director of the Illinois Department of Insurance.J. Anthony Clark, 50, worked for 10 years as counsel for...
Feb 27 2003 // Approximately 300 Illinois doctors, most from the Chicago area, staged a “white-coat rally” in the rotunda of the state’s capitol in Springfield. Illinois already has limits on non-economic and punitive...
Feb 25 2003 // Illinois physicians are planning a one-day strike on Wednesday in Springfield to protest skyrocketing malpractice premiums and the litigation costs they say are the cause for them, according to the Chicago Sun-Times.Dozens...
Feb 13 2003 // An Illinois appeals court has decided that an employee who injured his knee playing basketball at a company picnic can file a workers’ compensation claim. The decision overturned a ruling by an arbitrator who ruled...
Jan 31 2003 // The National Association of Independent Insurers (NAII) filed an amicus brief this week with the Illinois Supreme Court to dispute an attempt by the Illinois trial bar to regulate the insurance industry in the...
Jan 30 2003 // Sonnenschein Nath & Rosenthal announced the addition of five prominent lawyers to its Insurance Group, enhancing its national insurance regulatory, transactional and reinsurance practices and its insurance...
Jan 29 2003 // A trucking executive convicted in federal court for defrauding the town of Cicero, Ill., of $12 million-plus in an insurance scheme was sentenced to more than 12½ years in prison, according to the Chicago Tribune.John...
Dec 13 2002 // The Alliance of American Insurers (AAI) warned that a bulletin recently filed by the Illinois Department of Insurance concerning mold “will create burdensome reporting requirements for insurers that will result in...