Illinois News

Lloyd’s CFO Comments on Lower Profits, Investments, Russia Office

As Lloyd’s published its first half results, Luke Savage, the chief financial officer, had a busy day on Tuesday. But he spoke briefly with Insurance Journal on some of the issues the report on the first half raised. As detailed …

Former Illinois Insurance Agent Pleads Guilty to Theft of $375K

A former insurance agent in Illinois has pleaded guilty to charges of theft of more than $375,000 in insurance premiums, state Attorney General Lisa Madigan has announced. Larry Chouinard, 56, entered guilty pleas in Kankakee County Circuit Court on two …

Medical Benefits Biggest Cost in Calif. Workers’ Comp System

The sagging economy took a toll on California’s covered work force and payroll in 2008, but the California workers’ compensation system remains the largest in the United States, accounting for more than 1 out of 9 covered workers, more than …

Tennessee Warned to Take Earthquake Threat Seriously

Cities and states have improved their disaster readiness since the Sept. 11 attacks and Hurricane Katrina, but authorities must keep stressing emergency preparedness to reduce complacency among the general public, retired Army Lt. Gen. Russel Honore said in Memphis Friday. …

Texas Workers’ Comp Division Announces August Enforcement Actions

Texas Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken in August by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). Commissioner’s orders are subject to appeal to state district court within 30 days after …

Report: $4B in Tax Breaks for Illinois from Health Law

A consumer group says more than 1 million Illinois residents will be eligible for tax credits to offset the cost of health insurance starting in 2014. Families USA released the estimate in a report on how the new national health …

Illinois Department of Insurance Highlights Pending Health Reform Changes

The Illinois Department of Insurance is reminding Illinois families and employers that significant new health insurance benefits and protections become effective Sept. 23, 2010. The changes — a result of the Patient Protection and Affordable Care Act (the “Act”) signed …

124 with Arrest Warrants Found in Illinois Nursing Homes

Illinois Attorney General Lisa Madigan announced that investigators have identified 124 people with active arrest warrants who were residents or staff members of nursing homes for elderly residents. Madigan said they were identified through 21 unannounced nursing home compliance checks …

Illinois Ex-Trooper in Deadly Crash Wants Workers’ Compensation

The former Illinois State Police trooper blamed in a southwestern Illinois freeway wreck that killed two sisters wants state compensation for his crash-related injuries. The Belleville News-Democrat reports that Matt Mitchell has filed a workers’ compensation case against the Illinois …

Roth to Lead Brown & Brown’s Professional Liability Brokerage

Brown & Brown, Inc. announced that Rob Roth has been named director and practice leader of Professional Liability for the company’s wholesale brokerage division. Roth began his career with ECC Insurance Brokers, Inc., which became a subsidiary of Brown & …