Illinois Department of Insurance News

Class action vs Allstate over rates can continue; Company, not state, set rates, appeals court says

By Dan Churney | Jan 31, 2019

In a split decision, an Illinois appeals panel has stripped Allstate Insurance of its defenses against a class action, which alleged the company unfairly billed long-term auto policyholders more than it charged new ones, saying Illinois insurers can’t protect their rates from lawsuits, because their rates are not controlled by the Illinois Department of Insurance.

Things may not be okey-dokey in Cahokia

By The Madison County Record | Sep 27, 2018

California's largest pension system is being sued over its failure to list whether its members have retired on a disability pension.

Sheriff had pension benefits boosted by one-third in last month as Cahokia police chief

By Record News | Aug 27, 2018

CAHOKIA – Pension benefits for former Cahokia police chief Rick Watson, now St. Clair County sheriff, were boosted by 33 percent in his last 35 days as chief, according to records of the trustees and the state insurance commission.

East St. Louis police and fire pension fund crises risk state intervention

By Brendan Bakala, Illinois Policy Institute | May 4, 2018

East St. Louis’ police and fire pension funds experienced large funding shortfalls in 2016, putting the city at risk of revenue garnishment from the state comptroller’s office.

The most misleading myths in Illinois politics

By Austin Berg, Illinois News Network | Feb 20, 2018

It’s no secret there’s a lot wrong with Illinois. Abraham Lincoln’s birthday, Feb. 12, is an annual reminder of how far the state has drifted away from the virtues of its most illustrious lawmaker.

The crazy cartoon world of Illinois public pensions

By The Madison County Record | Sep 23, 2015

Strange things happen in cartoons – things that could never happen in real life, things that are physically impossible – but cartoon lovers know that and delight in the alternate “reality.” The absurd goings-on are an essential part of animated humor.

Public pension annual reports available at DOI portal

By Ann Maher | Sep 10, 2015

With much of the state's financial crisis being blamed on under-funded public pensions, wouldn't it be great if ordinary taxpayers could see exactly what condition the funds they support are in?

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