 Bush
leaves unmet goals - Bush leaves office with several high-profile
problems left unsolved, including a homeowners insurance crisis and
the state's rising uninsured rate
Car
insurance set for big increases
Citizens
Insurance Hearing Is TodayCongress
delays reform of National Flood Insurance ProgramDon't
overlook tax benefits of insurance in financial planningEight
charged with fraud - Men accused of falsely registering cars upstate
to save on insurance
Gov.
Rendell's plan would widen health insurance, target medical costs
Haack
took insurance firm to new level - He introduced employee benefits,
technology services
Insurance
company paid man $67,500 - North Lake Fire Department settled discrimination
suit
Insurance
money leads to arrest - Bethlehem woman accused of including herself
as beneficiary
Insurance
settlement reached - Team, company OK deal involving claim on Bagwell
Lawmakers
see a need for reforming insurance - A Star Watchdog series pointed
up problems with delayed claims, denials and agent misconductN.J.
civil unions and insurance - The cost, not the semantics, is the focus
to businesses, which would be required to pay health benefits for
workers' same-sex partnersNew
tax bill may delay early returns - Late changes include mortgage insurance
deduction, other breaks
Now For
Some InsuranceOhioans
without insurance seek help - State may shift money to pay for cystic
fibrosis treatment in hospitalsPontiac
decides to increase insurance coverage
School
insurance bill spikes - Premium more than doubles to $16.7 million
Study
- Health insurance premiums on the rise, not worker wages
Teachers
are ready to talk on insurance - But district vows to appeal ruling
on multiple plans
The
Fine Art of Appraisal - The amount of insurance on a purloined painting
raises the question. Who and what determine when the price is right |
Pontiac decides to increase insurance coverage
Currently, the city only has coverage of up to $1 million. Alderman Brian Gabor, a local attorney, said in a worst-case scenario that wouldn't be enough if the city is ever sued. "I think regardless of whom we decide to go with, we need to increase our coverage," he said. On Monday, the city council considered a proposal from the Illinois Municipal League Risk Management Association for insurance coverage. The council decided to table the decision after hearing concerns raised by their current insurance agent, David Bertsche. The council plans on hearing more about the Illinois Municipal League's insurance at a meeting in January. Last week, the council heard from the league and Bertsche, with Bertsche and Berry Insurance, about proposals for insurance. For more than 35 years, the city has received its workers compensation, automobile and other coverage from Bertsche of Pontiac. Under the proposals, the league offers up to $8 million worth of coverage for about $342,000 a year. For Bertsche to provide $5 million, it would cost the city about $446,000 a year. The Illinois Municipal League, started in 1914, is open to all municipalities in Illinois, and works on a state and federal level on common interests. It started a risk management arm in 1981 to help provide cost-effective coverage to it members. The league provides insurance coverage for more than 775 municipalities in Illinois, and other governments in Livingston County. The insurance is just for municipalities in Illinois. Alderman John McGlasson said he believes that the other communities receiving the coverage act as a good reference to the league's insurance service. "Some of those cities are the most progressive and successful communities in the state," he said. "If (the Illinois Municipal League insurance) is working for them, then it should work for us."
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