Latest Illinois Headlines
All the headlines from our Illinois Topic Page, ordered by recency.
Insurance Industry Has Major Impact on Illinois’ Economy, Study Shows
Mar 19 2019 // A new study shows that Illinois insurance companies, agents and brokers continue to fuel the economy with quality jobs, revenue and investments, the study’s sponsors say. The recently released study was conducted by...
State Farm: Illinois and Missouri Ranked 3rd and 5th for Hail Damage in 2018
Mar 19 2019 // A new report from State Farm says that Illinois and Missouri were among the top states in the nation for hail damage in 2018, according to a new report from State Farm. Illinois ranks third with $330 million in paid hail...
Fire Captain Dead, 3 Hurt in Collapse of Burning Illinois Home
Mar 7 2019 // Authorities say a fire captain has died and three other firefighters were injured following a partial collapse of a burning home in southern Illinois. The Godfrey Fire Protection District says Jacob “Jake”...
Muriel Appointed Director of Illinois Insurance Department
Mar 7 2019 // Robert Muriel has been appointed director of the Illinois Department of Insurance (IDOI). Muriel is a civil and commercial lawyer with more than 20 years of experience representing small businesses and professionals in...
Illinois’ Rush Health System Says Data Breach May Affect 45,000 Patients
Mar 6 2019 // Illinois-based Rush System for Health says personal information from about 45,000 patients may have been compromised in a data breach. The health system said in a recent financial filing that the exposed data may include...
Insurer Hit With $102K Fine for Selling Illegal NRA-Branded Policies
Mar 4 2019 // Illinois Union Insurance Co. has paid a $102,000 fine after Washington Insurance Commissioner Mike Kreidler ordered the company to cease underwriting self-defense policies branded by the National Rifle Association. After...
Illinois’ Pinnacle Actuarial Promotes Hillebrandt, Cortner
Feb 27 2019 // Pinnacle Actuarial Resources Inc. (Pinnacle), based in Bloomington, Illinois, has promoted Aaron N. Hillebrandt to director and consulting actuary and Christopher C. Cortner to consulting actuary. Hillebrandt is based in...
Flood Risk High in Missouri This Spring, Weather Service Says
Feb 27 2019 // Missouri towns along the Mississippi River and its tributaries should brace for the prospect of potentially serious flooding this spring, in large part because of an unusually snowy winter to the north. The National...
Illinois EPA Shuts Medical Instrument Sterilization Facility Due to Pollution
Feb 22 2019 // A suburban Chicago plant that sterilizes medical instruments with a chemical believed to be cancer causing has been shut by the Illinois Environmental Protection Agency. The state EPA issued a seal order for Sterigenics...
Lotter Joins Policy Administration Systems Provider, Instec, in Illinois
Feb 21 2019 // Naperville, Illinois-based Instec, a provider of policy administration systems to insurance program and specialty markets, has hired CJ Lotter as senior solution architect. He joins Instec’s engagement management...
McChristian, Proksa to Lead Insurance, Risk Management Programs at Gies College of Business
Feb 21 2019 // The University of Illinois’ Gies College of Business has named Lynne McChristian and Corrie Proksa to lead its insurance and risk management programs. McChristian has been named director of the Office of Risk...
Insurer Hit With $102K Fine for Selling Illegal NRA-Branded Policies
Feb 20 2019 // Illinois Union Insurance Co. has paid a $102,000 fine after Washington Insurance Commissioner Mike Kreidler ordered the company to cease underwriting self-defense policies branded by the National Rifle Association. After...
Fire at Phillips 66 Illinois Refinery Leads to Shut Down of CDU
Feb 11 2019 // The second largest crude distillation unit (CDU) was shut by a fire on Sunday at Phillips 66’s 330,000 barrel-per-day (bpd) joint-venture Wood River, Illinois, refinery, a source familiar with plant operations...
Illinois FedEx Worker Died of Fall, Not Cold, Autopsy Shows
Feb 7 2019 // An autopsy found that a FedEx worker found dead outside in western Illinois amid record low temperatures died of a traumatic head injury. Rock Island County Coroner Brian Gustafson says 69-year-old William L....
Business Moves
Feb 4 2019 // National China Re, Chaucer, Hanover China Reinsurance (Group) Corp. has completed the 100 percent equity acquisition of Chaucer Holdings Ltd. – the major portion of Hanover Insurance Group’s Lloyd’s...
Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services
Jan 17 2019 // Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in Bloomingdale, Illinois. Founded in 1980 by Karen Izzo, Izzo Insurance...
Illinois’ Auffenberg Insurance Joins Valley Insurance Agency Alliance
Jan 10 2019 // Auffenberg Insurance Services in Belleville, Illinois, has joined Valley Insurance Agency Alliance (VIAA), a family of over 120 independent insurance agencies in Missouri and Illinois. Owned by Mike Auffenberg and Nathan...
Illinois’ Sheridan Road Financial Acquired by Hub International
Jan 10 2019 // Chicago-based, global insurance brokerage Hub International Limited (Hub) has acquired the assets of Sheridan Road Financial LLC (Sheridan Road), an institutional retirement consulting and private wealth firm, and certain...
People
Jan 7 2019 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...
Midwest Legislative Priorities Include No-Fault Auto, Distracted Driving, Contractor Fraud, Tort Reform
Jan 7 2019 // With some of the highest auto insurance rates in the nation, Michigan’s no-fault insurance laws — much maligned by the insurance industry and business interests — are sure to be a target for legislative...
