Illinois News

Revisiting Surplus Lines Regulation Reform

Federal lawmakers once again are preparing to tackle the issue of how states can more effectively regulate the surplus lines insurance market. It’s been tried before, but legislation was recently reintroduced in the U.S. House of Representatives with the goal …

Declarations

Good Dogs, Bad Employer “We gave the employer every opportunity to comply with the law.” β€”Jan Eisbart, manager of the Insurance Compliance Division of the Illinois Workers’ Compensation Commission. The IWCC and the City of Evanston shut down All Good …

Illinois DOI Independent Again

The Illinois Department of Insurance (DOI) is once again an independent division of state government, a position it held for more than a century prior to its consolidation with several other state agencies in 2004. Gov. Pat Quinn with Executive …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors General Liability Market Detail: London American Risk Specialists Inc. brings agents a commercial general …

Poultry Companies Balk at Oklahoma AG’s Settlement in Lawsuit

A now-defunct poultry company got a better deal in settling an environmental lawsuit with the state because it was first to negotiate an agreement, Oklahoma Attorney General Drew Edmondson has suggested. But one poultry company spokesman says other firms have …

Illinois Sues Village Accused of Using Tainted Water

The state of Illinois has filed a lawsuit against a Chicago suburb for allegedly drawing drinking water from a contaminated well for decades, then lying about it to residents and environmental authorities. The 58-page complaint, filed by Illinois Attorney General …

State Farm’s Return to Mississippi Home Insurance Market Excludes Coast

State Farm will resume writing homeowners’ insurance policies for a majority of the state starting June 15. A company spokesman said that residents in the coastal counties of Harrison, Hancock and Jackson counties are excluded from the company’s policy change. …

Beacon Hill Associates Offers Workers’ Comp Product

PartnerOne Environmental, the underwriting division of Virginia-based wholesaler Beacon Hill Associates, says it can now offer workers’ comp coverage in conjunction with general liability or contractors pollution liability Coverage is provided by a group of A+ Rated insurance carriers with …

Businesses Object to New Wisconsin Law Allowing Punitive Damages

Wisconsin Gov. Jim Doyle, has signed into law Senate Bill 20, which enhances discrimination protections for workers in the state. The bill requires employers with more than 15 employees who are convicted of engaging in discriminatory employment practices to pay …

Arthur J. Gallagher Acquires North Carolina’s Taylor Insurance Agency

Illinois-based international insurance broker Arthur J. Gallagher & Co. has acquired Walker Taylor Agency of Wilmington, North Carolina. Terms of the transaction were not disclosed. Spanning five generations with insurance roots dating back to 1866, Walker Taylor Agency, Inc. is …