Illinois News

First Professionals Files Rate Cut for Illinois Physicians, Surgeons

First Professionals Insurance Co., Inc. (First Professionals) recently submitted a proposed medical professional liability rate and rule filing for physicians and surgeons in Illinois. First Professionals has announced that current insureds will not see a base rate increase for their …

Illinois Voters Approve Governor Recall Amendment

With one ex-governor in prison and another convicted of a felony, Illinois voters decided Tuesday that they want the power to rein in future governors. Voters approved a constitutional amendment that gives the public limited power to recall unpopular governors. …

GOP Adds Governorships in Midwest

Midwestern states were among those that added to Republican gains in governor’s offices across the country on Nov. 2. Iowa, Kansas, Michigan, Ohio and Wisconsin are among the states that voted to replace Democrats in their governors’ offices with Republican …

Illinois Governor’s Race Too Close to Call

Illinois still doesn’t know who the next governor will be. The contenders, incumbent Gov. Pat Quinn, a Democrat, and Republican state Sen. Bill Brady of Bloomington, are running neck-and-neck, each with a little more 46 percent of the votes, according …

Agency Saved From the Storm By Cloud Technology

“In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, a Trusted Choice agency in Dexter, Missouri, was severely tested on Jan. 27, 2009 when …

Illinois DOI to Increase Scrutiny of Health Insurance Premium Hikes

The Illinois Department of Insurance announced new reporting requirements for premium increases proposed by Illinois health insurers. The federal Affordable Care Act requires the state to review all unreasonable health insurance premium increases. The department has outlined a process to …

Election Will Mean New Faces in State Insurance Commissioner Jobs

Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …

Declarations

Garden Variety Fraud “Consumers should know that in addition to being wide-spread, insurance fraud also affects a wide-spread group of people: everyone.” —New Jersey Insurance Commissioner Tom Considine, commenting on the launch of a new unit within the Department of …

Business Moves

Markel, Aspen, FirstComp Markel Corp. completed the previously announced acquisition of Aspen Holdings Inc., a privately held insurance group that provides workers’ compensation insurance and related services, principally to small businesses, in 31 states. Aspen, headquartered in Omaha, Neb., operates …

Agency Saved From the Storm by Cloud Technology

In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice …