June 28, 2016
The Illinois Department of Insurance has approved Aetna Inc.’s proposed $34 billion acquisition of Humana Inc. provided it is approved by the U.S. Department of Justice, according to an order dated June 23 posted on the department’s website. Aetna announced …
May 10, 2016
Louisiana’s Office of Motor Vehicles reminds drivers whose vehicles are insured by Affirmative Insurance or Affirmative Casualty Insurance that they need to have new coverage by 11:59 p.m. Wednesday. Otherwise, says Commissioner Karen G. St. Germain, they could face a …
October 7, 2015
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Spinnaker Insurance Company (Spinnaker), Chicago, Ill. The outlook assigned to both ratings is stable. Spinnaker is a newly formed property/casualty insurance …
July 7, 2015
Sentry Insurance, headquartered in Stevens Point, Wis., and Edwardsville, Ill.-based Hortica Insurance (Florists’ Mutual Insurance Company) have joined forces. After review and approval by both the Wisconsin Office of the Commissioner of Insurance and Illinois Department of Insurance, Hortica is …
June 1, 2015
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner’s office made the announcement on May 29 about Anne Melissa Dowling. She has worked in …
August 5, 2014
The Illinois Department of Insurance (DOI) is now providing online access for consumers to view insurance company records. Insurance product filings, such as rates and forms, filed with DOI are now available to the public through the online tool SERFF …
February 11, 2013
Illinois Department of Insurance (DOI) Director Andrew Boron has announced that more than $10.3 million in market conduct fines was collected from insurance companies by the department in calendar year 2012. This amount represents a significant increase in fines collected …
February 8, 2013
The Illinois Department of Insurance is warning consumers that a Florida-based company is illegally marketing home warranty services to Illinois residents. The agency said that Arkidus Home Protection continues to market the warranties despite a previous cease and desist order …