Insurance

Attorneys with the Thomas More Society filed the federal lawsuit Wednesday on behalf of several organizations including Students for Life of America, Pro-Life Action League and Illinois Right to Life. It names Gov. JB Pritzker, Attorney General Kwame Raoul and Department of Insurance Director Ann Gillespie as defendants.

The American Farm Bureau Federation has kicked the Illinois Farm Bureau out of the federation in a dispute over member dues. The bureau responded by saying it is challenging the move in court.

Former State Farm CEO Michael Tipsord has stepped down from his role as chairman of the board at the insurance giant, company officials have confirmed. Tipsord relinquished his role as CEO in January, a post he had held since 2015.

Damage claims from Hurricane Helene continue to trickle in even as assessments from Hurricane Milton mount.

State Farm Insurance is removing electric vehicle charging stations from its parking decks at Corporate and Corporate South headquarters in Bloomington, and at hubs throughout the nation.

State Farm Auto claims for catalytic converter theft are down by 74% in the first half of 2024, compared with 2023 data.

Checks are going out in a $65 million settlement of a class action lawsuit against State Farm Life and Accident Assurance Company. Attorneys had accused State Farm in a federal court in Missouri of overcharging on policies.

Governor calling for sweeping changes in regulation; report shows state facing skyrocketing costs.

The Community Health Care Clinic in Normal has recovered its federal tax-exempt status. The agency that serves low-income people with no or inadequate health insurance lost its 501-C-3 designation in May of last year.

State Farm posted a net loss of $6.3 billion in 2023, driven largely by a "significant increase" in catastrophe claims by homeowner policyholders, the Bloomington-based company reported Thursday.