Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Ill. Assurance Named One of Chicago’s Best Companies
Jul 5 2007 // Assurance Agency Ltd., located in Schaumburg, Ill., was recently named as one of Chicagoland’s 101 Best and Brightest Companies to Work For a second year in a row. The 101 Best and Brightest awards, administered by...
Ill. Society of Actuaries Names Greg Heidrich Executive Director
Jul 2 2007 // The Board of Governors of the Society of Actuaries (SOA) and its Leadership Team recently named Gregory W. Heidrich to serve as the association’s executive director, according to Edward L. Robbins, SOA president....
Ill. Dentist, Clinic to Pay Combined $1.1 Million in Lawsuit Settlement
Jun 22 2007 // The family of a Glen Ellyn, Ill. man who died at a dentist’s office has settled a lawsuit against the dentist and clinic for a combined $1.135 million. Robert Pauly, 73, died in the dental chair at Glen Ellyn Family...
Ill. Associated Risk Managers Add New Board Members
Jun 21 2007 // Associated Risk Managers (ARM) recently announced the addition of three new members to their Board of Directors. The members are Robert E. Weaver, vice president, Jackson, Dieken & Associates, Westlake, Ohio and Past...
Ill. Group Offers New Information on Terrorism Loss Costs, Rating Factors
Jun 12 2007 // Wheaton, Ill.-based the American Association of Insurance Services (AAIS) recently announced that it will initiate a countrywide filing of new Businessowners (BOP) manual supplements that include new terrorism loss costs...
Disaster Aid Granted to 81 Ill. Counties
Jun 11 2007 // Federal disaster assistance is available for farmers and orchard owners in 81 Illinois counties to help them recover from crop damage due to the April freeze, Gov. Rod Blagojevich recently announced. Blagojevich said the...
Ill. Assurance Sponsors Workers’ Comp Seminars for Executives
May 31 2007 // Schaumburg, Ill.-based Assurance Agency Ltd. recently announced that it has produced an educational seminar titled “Unlocking the Secrets of Workers’ Compensation Insurance.” The free seminar will be held...
Ill. Lawmakers Toughen Graduated Teen Licensing with New Provisions
May 25 2007 // Some are already calling the new provisions to the teen graduated drivers licensing law passed by the Illinois legislature as the toughest in the country. The measure, SB 172, passed by the Illinois legislature, addresses...
Ill. Judge Seeks to Reopen $10.1 Million “Light” Cigarette Lawsuit
May 23 2007 // A judge whose $10.1 billion judgment against Philip Morris USA in a lawsuit over light cigarettes was thrown out on appeal is asking a court whether he can revive the case. Madison County Circuit Judge Nicholas Byron this...
Ill. Encompass Insurance Names Laura Dunne Financial Team Leader
May 23 2007 // Laura Dunne was appointed to lead the finance and strategy team of Encompass Insurance Co., Northbrook, Ill., the company recently announced. Encompass is the independent insurance agency division of the Allstate...
Ill. Jury Awards $39.5 Million for 2001 Fire at Deere Warehouse
May 14 2007 // Two insurance companies providing coverage for Deere & Co. were awarded $39.5 million in a case stemming from a warehouse fire six years ago in Mount Joy. An eight-member jury decided in favor of Royal Indemnity and...
Arthur J. Gallagher Acquires Ill. Tropp & Co.
May 11 2007 // Arthur J. Gallagher & Co. recently announced the acquisition of Tropp & Co., headquartered in Lake Forest, Ill. Terms of the transaction were not disclosed. Tropp & Co. is a retail insurance broker offering...
Ill. American Service Insurance Launches Artisan Program
May 11 2007 // American Service Insurance (ASI), a property/casualty insurer rated A-by A.M. Best, has launched a new Artisan auto program for small business commercial auto risks through the independent agent network. Through an on-line...
STATE FARM TO REDUCE AUTO RATES 6 % IN ILL.
May 7 2007 // State Farm will reduce auto insurance rates an average of 6 percent in Illinois effective May 14, the company said in a statement this week. Premiums will dip by an average $40 a year statewide, though amounts will vary...
Ill. RLI Increases Dividend, Renews Stock Repurchase Program
May 4 2007 // RLI’s board of directors has declared a second quarter cash dividend of $0.22 per share, reflecting a two-cent, or 10 percent increase over the prior quarter’s dividend, a company statement said. The dividend,...
Ill. State Police Reject Many Requests for Public Information, Report Says
Apr 25 2007 // Illinois state police routinely turn down requests for public information, whether from grieving relatives, insurance companies deciding whether to pay a claim or even other police officers doing research, a review...
Ill. Football’s Dick Butkus Sues for Rights to Award Bearing His Name
Apr 24 2007 // Hall of Fame linebacker Dick Butkus is suing a Florida club that hands out an award bearing his name. A lawsuit filed earlier this week in Los Angeles federal court demands the Downtown Athletic Club of Orlando turn over...
Majority of medical malpractice claims close without payment
Apr 23 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
State Farm to Reduce Auto Rates in Ill. by 6 Percent
Apr 20 2007 // State Farm will reduce auto insurance rates an average of 6 percent in Illinois effective May 14, the company said in a statement this week. Premiums will dip by an average $40 a year statewide, though amounts will vary...
Ill. Advisory Group Names Vice President, Information Services
Apr 20 2007 // David Linton has been promoted to vice president of information services at the American Association of Insurance Services (AAIS), a national insurance advisory organization that develops policy forms and manuals used by...