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 The Business News section provides access to all State of Illinois press releases that have been published about business-related issues and news, ranging from announcements about new businesses and the creation of jobs, to business incentives and grant awards.
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03/22/10 - Illinois Department of Insurance Highlights Changes Resulting From National Health Insurance Reform
Changes in insurance laws will alter performance, transparency, accountability of health insurers in Illinois
CHICAGO—The health care reform legislation passed yesterday by Congress will change the performance, transparency and accountability of health insurers and health insurance products in Illinois. To inform Illinois families and businesses of the potential reforms, the Illinois Department of Insurance is providing a “Top Ten" list. The national health care reforms will also modify existing Federal law and enhance consumer protections for those insured through a self-insured plan, and will significantly change the insurance marketplace in Illinois.
02/24/10 - Illinois Department of Insurance Orders American Trade Association, Real Benefits Association, and Others to Cease and Desist Unlawful Insurance Business
Department alerting consumers of scam insurance companies and providing tips on evaluating options when considering non-comprehensive health insurance coverage
CHICAGO – The Illinois Department of Insurance on Feb. 9, 2010, ordered the American Trade Association, Real Benefits Association, Obed Kirkpatrick, Incorp. Services, Inc., Smart Data Solutions, LLC, Bart Posey, Serve America Assurance, Ltd., Beema-Pakistan Company, Ltd., Kathleen Cauthen, and Dave Clark to immediately Cease and Desist transacting insurance business in Illinois. The businesses entities and individuals had been marketing and selling non-comprehensive insurance products in Illinois without a license, and have been the subject of numerous consumer complaints received by the Department. Similar actions have been brought against American Trade Association and Real Benefits Association in at least ten other states.
02/10/10 - Liquor Control Commission
January Underage Compliance Report
SPRINGFIELD – In January the Illinois Liquor Control Commission (ILCC) conducted compliance checks around the state and visited 134 businesses licensed to sell liquor. They cited 24 licensees for violations of liquor control laws. Eighty-two percent of the licensees visited complied with Illinois liquor laws and refused to serve underage customers.
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