Organization | • | Illinois Department of Insurance | [X] |
| | 141: | | Title: | | | | | Volume/Number: | 2012 June 13 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance Director Andrew Boron today announced Illinois has received $3,760,657 as a result of a multi-state settlement agreement with American International Group, Inc., (AIG) for incorrect reporting of workers compensation premiums. A multi state investigation examined whether AIG violated premium reporting rules governing workers compensation insurance. | | | | Date Created: | 06 13 2012 | | | | Agency ID: | 650**12 | | | | ISL ID: | 000000044047 Original UID: 23574 FIRST WORD: Department | |
| 142: | | Title: | | | | | Volume/Number: | 2012 June 25 | | | | Issuing Agency: | | | | | Description: | June 25, 2012. The Illinois Department of Insurance today announced the following disciplinary report for May 2012. | | | | Date Created: | 06 25 2012 | | | | Agency ID: | 690**12 | | | | ISL ID: | 000000044297 Original UID: 23824 FIRST WORD: Illinois | |
| 143: | | Title: | | | | | Volume/Number: | 2012 July 3 | | | | Issuing Agency: | | | | | Description: | July 3, 2012. An Agreed Order of Rehabilitation has been entered against Lumbermens Mutual Casualty Company (Lumbermens) and American Manufacturers Mutual Insurance Company (American Manufacturers) with the consent of their Boards of Directors by the Circuit Court of Cook County, Illinois. During the time that Lumbermens and American Manufacturers are in rehabilitation, the Illinois Department of Insurance (DOI) Director, as Rehabilitator, will continue the payment of policyholder claims. | | | | Date Created: | 07 03 2012 | | | | Agency ID: | 736**12 | | | | ISL ID: | 000000044393 Original UID: 23922 FIRST WORD: Lumbermens | |
| 144: | | Title: | | | | | Volume/Number: | 2012 July 25 | | | | Issuing Agency: | | | | | Description: | July 25, 2012. An Agreed Order of Rehabilitation by the Circuit Court of Cook County, Illinois, has been entered against Millers First Insurance Company (Millers First) with the consent of its Board of Directors. During the time that Millers First is in rehabilitation, the Illinois Department of Insurance (DOI) Director, as Rehabilitator, will continue the payment of policyholder claims and policies will remain in force until the expiration of their term. | | | | Date Created: | 07 25 2012 | | | | Agency ID: | 814**12 | | | | ISL ID: | 000000044558 Original UID: 24056 FIRST WORD: Millers | |
| 145: | | Title: | | | | | Volume/Number: | 2012 July 31 | | | | Issuing Agency: | | | | | Description: | July 31, 2012. The Illinois Department of Insurance (DoI) today issued a report on the disciplinary actions taken during June 2012. The report is now available at insurance.illinois.gov. Editor note: Copies of the electronic orders detailing the actions as conducted by the Department are posted at http://insurance.illinois.gov/APPS/ElectronicFiling/DOIdocuments/SearchForDocuments.aspx. The electronic surveys are .pdf format. | | | | Date Created: | 07 31 2012 | | | | Agency ID: | 842**12 | | | | ISL ID: | 000000044593 Original UID: 24089 FIRST WORD: Department | |
| 146: | | Title: | | | | | Volume/Number: | 2012 August 7 | | | | Issuing Agency: | | | | | Description: | Women will have access to even more life-saving preventive care free of charge according to new rules under the federal Affordable Care Act. According to a new report by the U.S. Health and Human Services, approximately 47 million women are in health plans that now must cover these new preventive services at no charge. Under the Affordable Health Care Act, women, not insurance companies, can now make decisions that will keep them healthy, catch potentially serious conditions at an earlier state, and protect them and their families from crushing medical bills. | | | | Date Created: | 08 07 2012 | | | | Agency ID: | 866**12 | | | | ISL ID: | 000000044616 Original UID: 24110 FIRST WORD: Affordable | |
| 147: | | Title: | | | | | Volume/Number: | 2012 August 9 | | | | Issuing Agency: | | | | | Description: | The Illinois Department of Insurance (DoI) is alerting consumers that David Griffith Morrow of Morrow Insurance of Decatur is continuing to act as an insurance producer although his license was revoked effective June 8, 2012. The Department has received receiving numerous calls from consumers, mostly of Decatur, about the illegal activity and has referred the case to the Attorney Generals office. The revocation has been reported to the Regulatory Information Retrieval System (RIRS) database and other states are notified through that database. Consumers who have been doing business with Mr. Morrow or have a policy issued by Morrow Insurance should immediately seek assistance about their life, health, fire or casualty insurance coverage. | | | | Date Created: | 08 09 2012 | | | | Agency ID: | 882**12 | | | | ISL ID: | 000000044630 Original UID: 24123 FIRST WORD: Department | |
| 148: | | Title: | | | | | Volume/Number: | 2012 August 10 | | | | Issuing Agency: | | | | | Description: | August 10, 2012. Illinois Department of Insurance (DOI) Director Andrew Boron today announced that the National Council on Compensation Insurance (NCCI) has filed for a reduction in workers' compensation advisory and loss cost rates with the Department. The NCCI proposed an overall decrease of 3.8 percent effective January 1, 2013. | | | | Date Created: | 08 10 2012 | | | | Agency ID: | 889**12 | | | | ISL ID: | 000000044641 Original UID: 24134 FIRST WORD: State | |
| 149: | | Title: | | | | | Volume/Number: | 2012 August 28 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced the Department will receive a federal grant for its Senior Health Insurance Program (SHIP.) DOI received notification, Monday, from the U. S. Centers for Medicare and Medicaid Services (CMS) that DOI will receive the FY 2012 SHIP Performance Award in the amount of $136.996. The Senior Health Insurance Program (SHIP) is a free counseling and advocacy program for Medicare beneficiaries of any age, their families, or caregivers who have questions or problems with health insurance issues. | | | | Date Created: | 08 28 2012 | | | | Agency ID: | 965**12 | | | | ISL ID: | 000000044838 Original UID: 24320 FIRST WORD: Dept | |
| 150: | | Title: | | | | | Volume/Number: | 2012 August 30 | | | | Issuing Agency: | | | | | Description: | The Illinois Department of Insurance (DOI) Director Andrew Boron today announced the Department was awarded $1,141, 954 by the U.S Department of Health and Human Services for a Consumer Assistance and Patient Protection Project (CAPP) grant under the Affordable Care Act. The grant will enable DOI to build a consumer health insurance portal on the Departments website that will serve as a central point of contact for consumer assistance services. | | | | Date Created: | 08 30 2012 | | | | Agency ID: | 967**12 | | | | ISL ID: | 000000044847 Original UID: 24324 FIRST WORD: State | |
| 151: | | Title: | | | | | Volume/Number: | 2012 September 12 | | | | Issuing Agency: | | | | | Description: | September 12, 2012. The Illinois Department of Insurance (DoI) today issued a report on the disciplinary actions taken during July and August 2012. The report is now available at insurance.illinois.gov. | | | | Date Created: | 09 12 2012 | | | | Agency ID: | 1007**12 | | | | ISL ID: | 000000044954 Original UID: 24426 FIRST WORD: Department | |
| 152: | | Title: | | | | | Volume/Number: | 2012 September 14 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance Director Andrew Boron today announced Illinois received $602,483.06 as part of a multi-state settlement with Allianz Life Insurance Company (Allianz.) This multi-state settlement pertains to fixed annuities issued from 2001 through 2008. Under the settlement, Allianz agreed to pay a monetary penalty of $10 million in penalties to 43 states that participated in the examination. | | | | Date Created: | 09 14 2012 | | | | Agency ID: | 1014**12 | | | | ISL ID: | 000000044969 Original UID: 24442 FIRST WORD: Department | |
| 153: | | Title: | | | | | Volume/Number: | 2013 February 20 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced the departments effort to protect long term care policyholders. DOI, with help from State Representative Robyn Gabel (18th District - Evanston), has proposed HB 2333 which calls for a 15% annual cap on a premium rate for a policyholders Long Term Care Insurance. Long term care (LTC) refers to the services and supports provided to people who need assistance with basic activities, such as bathing and dressing, because of chronic physical illness, or disabling conditions such as dementia. To offset the high costs associated with long term care, many people purchased insurance coverage. These policies were originally sold as having level premiums that would not increase based on age or health situation. Now, the policyholders who have been paying for a decade or more are shocked to receive notice that their monthly premium has skyrocketed as much as 200%. | | | | Date Created: | 02 20 2013 | | | | Agency ID: | 152**13 | | | | ISL ID: | 000000045108 Original UID: 26381 FIRST WORD: State | |
| 154: | | Title: | | | | | Volume/Number: | 2013 February 25 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced the federally funded Illinois Pre-Existing Condition Insurance Plan (IPXP) will no longer accept new enrollees after March 2 due to a decision by the U.S. Department of Health and Human Services. IPXP was set up as a transitional insurance program for uninsured Illinois residents with pre-existing conditions to have health coverage until the federal Affordable Care Act becomes effective on January 1, 2014. There are currently 3,360 Illinois residents enrolled under the plan who will continue to retain their coverage through the end of 2013. These IPXP enrollees, as well as the currently uninsured, will be able to purchase health insurance coverage from the Health Insurance Marketplace (formerly called Health Insurance Exchange) which will be ready for open enrollment on October 1, 2013. | | | | Date Created: | 02 25 2013 | | | | Agency ID: | 162**13 | | | | ISL ID: | 000000045182 Original UID: 26410 FIRST WORD: Federal | |
| 155: | | Title: | | | | | Volume/Number: | 2013 March 11 | | | | Issuing Agency: | | | | | Description: | The Illinois Department of Insurance (DOI) is alerting consumers that Dick Van Dyke Financial LTD, of Springfield and producer Richard L. Van Dyke, of Sherman are no longer licensed in Illinois to do insurance transactions. The Department revoked the license for the business entity and Mr. Van Dykes producer license after investigations revealed replacement violations, incorrect information on suitability forms, and the use of an advertising website that was not approved by insurers. An investigation by the Secretary of States Office found annuity sales to consumers cost them more than $235,000 in surrender fees; and the Attorney Generals Office has announced action against Mr. Van Dyke for misleading advertising. | | | | Date Created: | 03 11 2013 | | | | Agency ID: | 227**13 | | | | ISL ID: | 000000045348 Original UID: 24599 FIRST WORD: Dept. | |
| 156: | | Title: | | | | | Volume/Number: | 2012 October 11 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced an agreement has been reached with Nationwide Life Company and its life insurance affiliates (Nationwide) as part of a multi-million dollar settlement with several states. Under the settlement, Nationwide and its affiliates agreed to change business practices related to the payment of life insurance benefits and also agreed to pay $7,200,000 to states that are a party to the settlement. | | | | Date Created: | 10 11 2012 | | | | Agency ID: | 1101**12 | | | | ISL ID: | 000000045353 Original UID: 24814 FIRST WORD: Department | |
| 157: | | Title: | | | | | Volume/Number: | 2012 November 20 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced an agreement has been reached with Bankers Life and Casualty Company (Bankers) as part of a multi-million dollar settlement with several states. Under the settlement, Bankers agreed to pay $3,200,000 to states that are a party to the settlement. Illinois will receive $391,566 under the settlement. | | | | Date Created: | 11 20 2012 | | | | Agency ID: | 1266**12 | | | | ISL ID: | 000000045934 Original UID: 25492 FIRST WORD: Department | |
| 158: | | Title: | | | | | Volume/Number: | 2012 November 30 | | | | Issuing Agency: | | | | | Description: | The Illinois Department of Insurance (DoI) today issued a report on the disciplinary actions taken during October 2012. The report is now available at http://insurance.illinois.gov/Home/ImpLinks.asp | | | | Date Created: | 11 30 2012 | | | | Agency ID: | 1309**12 | | | | ISL ID: | 000000045990 Original UID: 25540 FIRST WORD: Department | |
| 159: | | Title: | | | | | Volume/Number: | 2012 December 12 | | | | Issuing Agency: | | | | | Description: | Illinois Department on Aging (IDoA) Director John K. Holton, Ph.D., today gave remarks at the opening session of the Governors Conference on Aging. The three day event is set for December 12, 13, and 14, at the Sheraton Chicago Hotel and Towers in downtown Chicago. This is the 31st annual conference which is considered the largest statewide meeting and comprehensive training for people who work in the network of serving older adults. | | | | Date Created: | 12 12 2012 | | | | Agency ID: | 1358**12 | | | | ISL ID: | 000000046121 Original UID: 25676 FIRST WORD: State | |
| 160: | | Title: | | | | | Volume/Number: | 2012 December 11 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance (DOI) Director Andrew Boron today announced an Agreed Order of Rehabilitation has been entered against Triad Guaranty Insurance Corporation (Triad) and its subsidiary Triad Guaranty Assurance Corporation (TGAC) with the consent of their respective Boards of Directors by the Circuit Court of Cook County, Illinois. The court also entered a finding of insolvency against Triad. Both companies, located at 101 South Stratford Road, Winston-Salem, North Carolina, were formerly authorized to transact the business of mortgage guaranty insurance, which insures banking institutions for financial loss associated with residential mortgage defaults. The Companies ceased issuing new commitments for mortgage guaranty insurance in 2008, and have been operating their business under two Corrective Orders issued by DOI. | | | | Date Created: | 12 11 2012 | | | | Agency ID: | 1356**12 | | | | ISL ID: | 000000046124 Original UID: 25674 FIRST WORD: Triad | |
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