Illinois House panel backs 15 percent insurance rollback
The House Executive Committee approved a bill requiring all Illinois insurers to cut premiums 15 percent next January 1, with exceptions only for solvency threats. The plan, backed by IPAC, argues consumer costs have risen faster than losses, while insurers warn the move could drive firms from the market. The measure, H2144, advances to the full House on an 11-7 vote, and would also create a state Insurance Department director elected in 1990 with a four year term and a $75,000 salary.
MENTIONED IN THIS ARTICLE
Springfield
Ill
UPI
Illinois
House Executive Committee
Illinois Public Action Council
Robert Creamer
IPAC
State Insurance Department
John Matijevich
North
Chicago
Storm interrupts Hillcrest power amid lightning strike
A violent thunderstorm knocked out power in Hillcrest for over 10 hours after a main utility pole on Highway 251 was struck by lightning at 7:30 p.m. The Rochelle Utilities spokeswoman said the city of Rochelle remained unaffected. In other news, Lutheran Brotherhood donated 4,000 to Lutheran Social Services of Illinois for a Nachusa Lutheran Home addition. groundbreaking planned later this year.
MENTIONED IN THIS ARTICLE
Hillcrest
Rochelle
Highway 251
Lutheran Social Services of Illinois
LSSI
Lutheran Brotherhood
Nachusa
Doree Hadaway
Sanders calls for adequate funding for Illinois schools
Springfield U S Education Undersecretary Ted Sanders sworn in at the Old State Capitol warns Illinois faces severe funding gaps threatening the 1985 School Reform Act. He urges timely state aid while noting one in five districts remain on a watch list amid rural and inner city education challenges.
MENTIONED IN THIS ARTICLE
Springfield
U.S. Education
Ted Sanders
Illinois
Sanders
U.S
Laura Cavazos
Texas
New Mexico
Nevada
State Education Agency
General Assembly
Chicago
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Cire
Larry Barry
Illinois Life Insurance Council
Kathleen Carlson
Northeastern Illinois University
Telegraph
Board of Education
House of Representatives
State Supreme Court
Ben Miller
Beverly
Bae el Atch
Ola Beautiful Mattresses
Harold
W. Rt
Rock Falls
Huffman Oil Company
Clark
Chuckles
Huffman Oil Co
Huffy’s Covenience Store
Ames
Ames Furniture
East First St
Broyhill
China
ASIC
VISA
MasterCard
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