Illinois quick hits: Illinois auto insurance rates dropping
By Jim Talamonti | The Center SquareThe Center Square Illinois
Illinois auto insurance rates dropping
A new report says Illinois auto insurers are lowering premiums by 4.26% in 2026 while providers are raising rates nationally by 0.67%.
ValuePenguin report authors said they compiled data from S&P Global’s RateWatch and conducted analysis with rate data from Quadrant Information Services.
Illinois House Speaker Emanuel “Chris” Welch and Secretary of State Alexi Giannoulias have pushed auto insurance regulation as a legislative priority.
Park grants awarded
Gov. J.B. Pritzker and the Illinois Department of Natural Resources have announced $36 million in grant funding for 67 park projects through a cost-sharing program between state and local governments.
The Open Space Land Acquisition and Development program has awarded $675 million for park projects since its inception in 1986. Pritzker said in a statement that the state is investing millions to revitalize outdoor spaces, from playgrounds and walking trails to pickleball courts and native landscaping.
Nurse charged with selling counterfeit weight loss drugs
A registered nurse has been charged with distributing counterfeit Ozempic in Chicago.
Sharon Christine Sackman, 52, pleaded not guilty in court Tuesday to distributing misbranded drugs to three individuals in 2023.
Prosecutors say Sackman, who now resides in Playa del Carmen, Mexico, dispensed drugs that were labeled as Ozempic weight-loss medication but were not manufactured by Ozempic’s manufacturer and did not contain the drug’s active ingredient.
5 questions about the DOJ probe into the Fed, Jerome Powell
TennCare moves to take control of lost-coverage appeals, sidestepping independent judges
Advisor News
- DOL proposes new independent contractor rule; industry is ‘encouraged’
- Trump proposes retirement savings plan for Americans without one
- Millennials seek trusted financial advice as they build and inherit wealth
- NAIFA: Financial professionals are essential to the success of Trump Accounts
- Changes, personalization impacting retirement plans for 2026
More Advisor NewsAnnuity News
- F&G joins Voya’s annuity platform
- Regulators ponder how to tamp down annuity illustrations as high as 27%
- Annual annuity reviews: leverage them to keep clients engaged
- Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
- Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
More Annuity NewsHealth/Employee Benefits News
- New Insurance Study Findings Have Been Reported from University of South Carolina (Brokering a new path: navigating administrative burdens in the health insurance Marketplaces): Insurance
- Medicaid disenrollment spikes at age 19, study finds: University of Chicago
- How might carriers respond to drop in ACA enrollment?
- CalOptima reports steep membership drop as providers brace for surge in uninsured patients
- Why Hospitality Owners in South Carolina Need Specialized Group Health Insurance Guidance
More Health/Employee Benefits NewsLife Insurance News