Illinois Insurance Department under Walker faces crises
The Illinois Insurance Department has endured controversy from Equity Funding collapse to questions about regulatory vigor. Directors Mauck Wilcox Toivonen and Duncan faced industry ties and licensing lapses while Duncan boosts regulation with a solvency fund and CPA audits. The agency's budget and staffing remain central to reform efforts.
MENTIONED IN THIS ARTICLE
Tom Wellman
Lindsay-Schaub
Illinois Insurance Department
Daniel Walker
Illinois
Walker
Equity Funding Corp. of America
Telinois
Fred Mauck
Roebert Wilcox
Dennis Toivonen
Michael Duncan
Mauck
Robert Wilcox
Wilcox
Toivonen
Property Casualty Insurance Council
Insurance Services
Chicago
Richar Daley
John Patrick
William
Duncan
General Revenue Fund
Illinois insurance lobby not all powerful say insiders
The Illinois insurance industry faces debate over its influence with Thomas Reynolds of the Illinois Insurance Information Service calling the lobby not all powerful. Rep. Bernard Epton says insurance lobbyists wield power second only to the medical profession, with campaign contributions linking insurers to state politics.
MENTIONED IN THIS ARTICLE
Jeffrey O’connell
University of Illinois
O’connell
Bernard Epton
Chicago
Epton
Illinois Insurance Study Commission
Hartford
Travelers
Roger Bixby
Commission
Duncan
Certified Public Accountants
National Association of Insurance Commissioners
NAIC
Illinois
Department of Insurance
NATC
Tilinois
Penn Mutuel
New York Life
New York
United States
Thomas Reynolds
The
Illinois Insurance Information Service
Il]linois Insurance Laws Study Commission
General Assembly
Marvin Burt
Egbert Goren
Arthur Bidwill
Paul Powell
W. Russell Arrington
Commerce Chaos Hovers Over U S Department of Commerce
Washington Star surveys the sprawling Commerce Department a patchwork of 13 units with no single mission. The piece notes overlapping duties from census to weather forecasting and warns Congress and the White House face a governance headache under Secretary Elliot L Richardson.
MENTIONED IN THIS ARTICLE
John Fialka
Washington Star
Washington
Department of Commerce
Congress
White House
Elliot L. Richardson
Redrawing the Commerce Department Mission
Richardson leads a reform effort to reorganize Commerce with a plan for a tighter mission. He argues the department is sprawling with autonomous agencies and little direct oversight. Darman pushes to elevate the Economic Development Administration as the new flagship and to rename the department the Department of Economic Development.
MENTIONED IN THIS ARTICLE
Richardson
Jimmy Carter
Commerce
Appropriations
Congress
Hill
Department of Commerce
Mauricene Stans
Frederick B. Dent
Rogers C. B. Morton
Richard G. Darman
Harvard Business School
Darman
HEW
Justice
Tant
Economic Development Administration
EDA
Department
Department of Economic Development
Also Mentioned on This Page
Ilinois Dept. of Insurance
Angelos
Gov. Walker
Anthony Angelos
Insurance Department
Equity
Linday-Schaub
Federal Commerce Department
Illinois Insurance Lobby
W. Clement Stone
James Thompson
Campaion
NBC
Meet the Press
Pontiac
Illinois Life
Underwriters Association of
Springfield
John Matijevich
Waukegan
Gilbert Deavers
R Normal
John Merlo
House Committee On Insurance
Merlo
Wall Street Journal
Labby
Ilinois
Jim Thompson
State Department of Insurance
Jack Hill
Aurora
Erect Thompson
David Gilbert
Thompson
Ito Thompson
Rep. Hill
Lindsay- Schaub
Tcom Wellman
Michael P. Duncan
U.S. Department
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