Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Illinois Urges Continued Competition, Lower Rates in Medical Liability Line
Feb 23 2010 // The Illinois Department of Insurance reported it has observed increased competition and 10 percent decrease in premium paid in the medical malpractice line of insurance since reforms were enacted in 2005. The Department of...
Milliman: Repeal of Med-Mal Caps Will Hike Claim Costs in Illinois
Feb 22 2010 // Consulting and actuarial firm Milliman Inc. says a study it conducted in response to the Illinois Supreme Court’s overturn of caps on non-economic damages in medical liability cases will increase overall claim...
Illinois Officials Recommend Review of Earthquake Insurance
Feb 18 2010 // Insurance regulators in Illinois are encouraging residents to review earthquake insurance policies after a small quake was recorded in the state recently. The 3.8-magnitude earthquake surprised northern Illinoisans Feb....
Large Brokers Freed to Go After Contingent Commissions But Will They?
Feb 17 2010 // The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again — but two of them say they won’t do it. Officials in New York, Illinois and Connecticut...
Illinois Commissioner Urges Purchase of Snowmobile Insurance
Feb 11 2010 // Snowmobilers in Illinois should properly insure their vehicles according to state insurance regulators. The Illinois Department of Insurance issued a statement saying it is encouraging enthusiasts to purchase snowmobile...
Rare Earthquake Rattles Northern Illinois; No Damage Reported
Feb 11 2010 // A small pre-dawn earthquake hit northern Illinois on Feb. 10, startling residents as far away as Michigan and Iowa, but no damage or injuries were immediately reported. The Illinois State Geological Survey (ISGS) said the...
Insurers Decry Overturn of Illinois Med-Mal Caps; Attorneys Praise Ruling
Feb 5 2010 // The American Bar Association says the Illinois Supreme Court was right in striking down as unconstitutional the caps on non-economic damage awards in medical malpractice cases. Insurer groups, however, say the decision...
Illinois Supreme Court Strikes Down Malpractice Cap Law
Feb 4 2010 // The Illinois Supreme Court Thursday declared unconstitutional a 2005 state law that capped damage awards for a plaintiff’s pain and suffering at $500,000 against doctors and $1 million against hospitals. It was the...
Report: Illinois Workers’ Comp Costs Per Claim Still High
Feb 2 2010 // Workers’ compensation costs per claim for medical care of injured workers in Illinois were among the highest of 15 study states one year after implementation of its first medical fee schedule effective 2006,...
Former Illinois Mayor Gets Year for Taking Insurance Business Payoffs
Feb 1 2010 // The 81-year-old former mayor of Niles, Ill., was sentenced to a year and a day in federal prison for taking thousands of dollars in exchange for steering businesses to a friend’s insurance agency. Nicholas Blase, who...
Illinois Fines Insurance Agent, Agency $100K and Revokes Licenses
Jan 26 2010 // The Illinois Department of Insurance has revoked the licenses to sell insurance of Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency Danny Martin CLU and Associates (collectively “Martin”) and...
Insurance Agent, Researcher Charged in Illinois Murder-for-Hire Scheme
Jan 21 2010 // A suburban Chicago insurance agent and a former university research technologist are charged in an alleged murder-for-hire scheme aimed at killing a federal prosecutor and drug enforcement agent, officials said. Jack Mann,...
West Virginia Workers Compensation Insurer BrickStreet Approved in Illinois
Jan 15 2010 // West Virginia-based BrickStreet Mutual Insurance said it has been approved to begin writing workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to...
Illinois Governor Signs Consumer Health Claims Review Bill
Jan 6 2010 // Illinois Governor Pat Quinn has signed a bill into law that ensures that all denied health insurance claims can be reviewed and decided upon by a qualified, independent doctor. The law goes into effect July 1. Under...
Sen. Durbin: FEMA Delaying Flood Insurance Maps in Illinois
Jan 6 2010 // Property owners in three southwestern Illinois counties who worry they’ll have to get sharply higher flood insurance once new Mississippi River flood maps are drawn are getting a bit of a reprieve. Sen. Richard...
Insurer Fights Payout on Illinois House That Exploded
Dec 31 2009 // An insurance company is fighting a claim on a Madison County, Ill., house that exploded last year, blaming a female occupant for the blast. Madison Mutual Insurance Co.’s lawsuit in Edwardsville asks a judge to not...
The Best Independent Agencies to Work For … And Why
Dec 20 2009 // The results are in from the “2009 Best Independent Insurance Agency to Work For” survey by Insurance Journal. The common theme resonating from the winning responses is one of family ideals. Regardless of size...
Illinois Department of Insurance Warns of Possible Auto Insurance Scam
Dec 17 2009 // The Illinois Department of Insurance reports that some Illinois residents have received letters, printed on fake insurance department letterhead, advising recipients that their “automobile insurance policy is...
Illinois Agent Admits Stalking ESPN’s Andrews
Dec 17 2009 // Walking into a courtroom Tuesday to face the man who posted naked videos of her online left Erin Andrews momentarily shaken, the ESPN sideline reporter admitted later. But by the time she started to tell a federal judge...
Injury Severity, Not Legal Fees, Drives Workers’ Comp Costs in Illinois
Dec 7 2009 // The severity of injury and level of impairment — not the workers’ legal fees — have the most effect on payout for workers’ compensation claims among Illinois construction workers, researchers at the...
