Provider based market systems--when to
regulate
Interstate insurance receivership compact
commission
Mid-american liquidated
The infertility law--oocyte retrieval
interpretation
IL producer convicted of fraud
PEDS news
'96 Medicare supplement premium comparison
guides available
Department rules review
Illinois NAIC assignments for 1996
Producer regulatory action
Financial exam reports adopted and filed
Company action
Hearings
by David Grant
As medical expenses have risen in recent years, employers have sought innovative and cost effective methods of financing health care for their employees. One such approach has been to self-insure health care services under a provider based market system. This system is commonly made up of health care provider groups referred to under a variety of names such as "physician hospital organizations" (PHOs), "provider sponsored networks" (PSNs), "integrated provider organizations" (IPOs) and "independent practice associations" (IPAs).
For each of these groups, the employer has sought flexibility not only in product design, but also in risk management. These arrangements range from simple administrative service only to fully capitated plans. With such diversity in both the provider network design and reimbursement systems, the question then becomes at what point does the Department of Insurance have regulatory jurisdiction?
To answer this question, it might be helpful to describe those arrangements which are not required to be licensed or regulated by this Department. Four examples of such arrangements are:
No Risk. In this arrangement, the health care provider group contracts directly with an employer and is paid on a fee-for-service basis as medical services are performed. The employer retains the health care cost risk on behalf of its employees.
Full Risk. The health care provider group contracts directly with the employer and is paid by the employer on a prepaid capitated basis for all medical services. The employer remains on risk for the health care costs of its employees should the provider group fail to perform.
Partial Risk. The health care provider group contracts directly with the employer, and a budget is established to pay for all medical services. The provider group is liable for any additional expenses above the budgeted amount. In the event expenses are less than budgeted, the provider group and the employer would split the savings. The employer remains on risk for the health care costs of its employees should the provider group fail to perform.
Downstream Risk. The health care provider group contracts with a licensed insurer or HMO to provide medical coverage pursuant to an employer group policy, and the provider group is paid on either a prepaid capitated basis or fee-for-service basis. The insurer or HMO remains on risk for health care costs for this employer group should the provider group fail to perform.
In all of these arrangements, the provider group is not subject to regulation by this Department, because there is no direct contractual obligation to the employees covered under the self-insured agreement. The contractual relationship is only between the provider group and the self-funded employer, licensed insurer or HMO, which continues to have full and direct responsibility to the individual. If the provider group fails to perform, the employer, insurer or HMO is still on risk to either provide or pay for health care services.
The Department has regulatory jurisdiction when any health care provider group becomes the ultimate risk bearer and is directly obligated to individuals to provide, arrange or pay for medical services. In these situations, the provider group must be appropriately licensed as an HMO, limited health service organization or insurance company.
To operate otherwise would subject the provider to the Unauthorized Insurers Act (Article VII of the Illinois Insurance Code). As such, any person who assisted or aided in the procurement of the health benefit contract may be liable to the insured for the full amount of the claim or loss as provided in the insurance contract.
Questions on the this issue may be directed to David Grant at (217) 782-6369.
by Cathy Travis, Office of the Special Deputy
The new Interstate Insurance Receivership Compact Commission is up and on its feet. The four member states, California, Illinois, Nebraska and New Hampshire, held their first annual meeting on February 8, 1996, at the Old State of Illinois Building in Chicago. The meeting was open to the public and drew a respectable crowd of industry people and state officials.
The Commission elected Nebraska Commissioner, Robert Lange, as provisional chairman and Illinois' Special Deputy Receiver, Peter Gallanis, as secretary/treasurer. The Commission recognized September 9, 1995, as the official effective date of the Compact, identified the statutory tasks that the Compact must undertake and provided suggested time lines for completion.
Draft copies of the proposed bylaws were provided to the members and the public. The Council of State Governments had provided several sets of model bylaws that served as the genesis for the Commission's proposed draft. Chairman Lange noted that the intent of the Commission was to expose the proposed bylaws at this meeting and then to receive written commentary from all interested parties by the next meeting, at which time a hearing would take place prior to formal adoption of the bylaws.
Copies of a proposed start-up budget, as well as a first annual budget, were provided to the members and the public. Mr. Gallanis explained that the start-up budget was a rough projection of the costs of operating the Compact Commission for the initial period, prior to the adoption of the Compact's first annual budget and the start of the first fiscal year, which will begin on July 1, 1996.
The total costs of the start-up period were projected to be $197,000. Costs for the first full fiscal year, July 1, 1996, through June 30, 1997, were projected at $773,000. Preliminary quantitative and qualitative data is being gathered so that decisions can be made regarding assessments. The Commission will provide for a notice and hearing process before the first annual budget is adopted.
Stating the need for technical assistance and expertise in various areas, such as legal, accounting and financial, Chairman Lange solicited volunteer assistance for the Compact from all interested parties. Anyone with such interest was invited to submit a resume, a written indication of their areas of expertise and the help they can provide to the Commission. This information should be sent to Peter Gallanis at the Office of the Special Deputy Receiver, 222 Merchandise Mart Plaza, Suite 1450, Chicago, Illinois 60654.
The next Compact Commission meeting will take place on March 25, 1996, in conjunction with the NAIC Spring meeting in Detroit, Michigan.
Mid-American Insurance Company, Chicago, IL, was declared insolvent and placed into liquidation on February 29, 1996, by the Circuit Court of Cook County. The Order was granted in response to a petition filed by Illinois Director Mark Boozell based on the Insurance Department's finding that the company's policyholder surplus was impaired in excess of $1 million.
Mid-American's most recent annual statement reflects approximately $3.6 million in direct premium as of December 31, 1995; however, the company has not been actively writing new business since January 1996. The company has been under a Sequestered Order of Conservation since February 23, 1996, and will continue to be under the Director's control in liquidation.
A wholly owned subsidiary of Mid-American Holding Company, Mid-American was incorporated in 1993, and wrote exclusively private passenger automobile physical damage coverages in Illinois only.
Policyholders will be notified that all policies protected by the Illinois Insurance Guaranty Fund will be cancelled as of 12:01 a.m. March 31, 1996, unless they expire or are terminated at an earlier date. The Guaranty Fund will be responsible for the covered claims of Illinois policyholders.
The liquidation is being handled by the Director's Office of the Special Deputy Receiver, 222 Merchandise Mart Plaza, Suite 1450, Chicago, IL 60654; (312) 836-9500.
by Mary Petersen
The Illinois Infertility Law, specifically the requirement regarding provision of benefits for oocyte retrievals, has been causing confusion lately. The Infertility Law (215 ILCS 5/356m) and corollary regulation (50 Ill. Admin. Code 2015) require payment for the diagnosis and treatment of infertility. Limits contained in the law pertain only to the number of completed oocyte retrievals allowed per the lifetime of an individual. The law limits a covered individual to four completed oocyte retrievals during her lifetime, unless a live birth follows a completed oocyte retrieval. In that case, coverage is required for two additional completed oocyte retrievals.
An oocyte retrieval is defined within the regulation as "the procedure by which eggs are obtained by inserting a needle into the ovarian follicle and removing the fluid and the egg by suction." The oocyte retrieval is not "complete" unless eggs are obtained. The eggs are then used in a subsequent procedure such as in vitro fertilization (IVF), gamete intrafallopian tube transfer (GIFT) or zygote intrafallopian tube transfer (ZIFT).
The confusion has occurred over the number of procedures which must be covered as a result of a completed oocyte retrieval. A completed oocyte retrieval can result in the harvest of as few as one or two eggs or as many as twenty or more eggs. Generally, only three or four eggs are used in the subsequent IVF, GIFT or ZIFT procedure to reduce the incidence of multiple pregnancies.
The remaining eggs, if any, are usually cryo preserved or frozen for future use in a subsequent frozen embryo transfer. Through the use of cryopreservation, one completed oocyte retrieval may lead to later multiple attempts to achieve a pregnancy at considerably lower costs than the original treatment regimen. (The cost for a Subsequent Frozen Embryo Transfer is approximately $1,000, while the cost of a complete treatment regimen is approximately $5,000 - $7,000.)
As previously stated, the only limits of coverage contained within the Infertility Act and regulation are the number of completed oocyte retrievals allowed. The HMO or insurance company is therefore required to pay for all procedures performed as a result of a completed oocyte retrieval, including the subsequent frozen embryo transfers, as long as they are not considered experimental.
The insurer or HMO is not required to pay for the cryopreservation or storage of the materials such as eggs, embryos or sperm; however they are required to pay for the subsequent procedure which makes use of the frozen materials. (50 Ill. Admin. Code 2015.60c) Once the individual has received the fourth completed oocyte retrieval and initial subsequent procedure, the infertility benefit is exhausted. Until that time, all procedures must be covered.
All questions regarding this issue should be directed to Mary Petersen at (217) 524-4051.
A joint investigation by the U.S. Postal Inspection Service, the Federal Bureau of Investigation, the Internal Reve-nue Service, the Illinois Department of Insurance, and the Feder-al Grand Jury for the Southern District of Illinois has resulted in the conviction of former Illinois insurance producer, David Taynor of Bethalto, Illinois, and his co-defendant, William Hicks of Fort Worth, Texas.
Taynor pleaded guilty to money laundering on February 21, 1996. He was indicted in July of 1994 for his part in the operation of a fraudulent insurance program involving First Interstate Fire and Casualty (FIFC), a company chartered in the Turks and Caicos Islands. The indictment charged that the company was a sham operation and Taynor, operating as David Taynor and Associates in Fairview Heights, Illinois, was managing general agent for the sham company, selling policies to insureds who later suffered financial losses when the company failed to pay claims.
Taynor pleaded guilty to a monetary transaction involving approx-imately $115,000 derived from the unlawful operation of the insurance company and ultimately sent to a Texas holding company (First Interstate Holding Company) where it was misappropriated and used to buy stock for Taynor and other co-defendants.
Hicks pleaded guilty on March 1, 1996, to one count of wire fraud. He admitted to faxing to Taynor, a false financial statement for FIFC which was submitted to the Illinois Department of Insur-ance for the purpose of misrepresenting the company's financial condition. Hicks faxed the statement in May of 1991. By November of that year, the Department of Insurance had issued a cease and desist order against the sale of FIFC poli-cies, but not before the company collected approximately $2.3 million in premiums.
Sentencing is set for June 14, 1996, before Judge Paul E. Riley in the East St. Louis, Illinois, Federal District Court. Taynor could be sentenced to a maximum of 10 years imprisonment and a fine equal to double the amount of the loss. Hicks faces a maximum penalty of five years imprisonment and/or a fine of $250,000.
Questions should be directed to Joel V. Merkel, Assistant U.S. Attorney at (618) 628-3700.
by Nancy Simpson
The Department of Insurance will soon be contacting all life, accident and health insurers, health maintenance organizations and other service organizations regarding the Product Evaluation Database System (PEDS). Effective May 1, 1996, and every May 1 thereafter, each life, accident and health insurer, HMO and other service organization will be provided with a portfolio of policy form filing data specific to their company.
The data will be sent on diskette and will contain a listing of all approved policy forms on file with the Illinois Department of Insurance. Included in the listing will be the policy forms submitted as historical data and any policy forms approved during 1994, 1995 and January and February of 1996.
The insurer/HMO will be responsible for reviewing this data and verifying that policy forms listed in the policy form portfolio are currently being marketed or issued in the State of Illinois. The Department will provide instructions and a micro-based software application on the diskette to allow a company representative to withdraw any policy form(s) no longer marketed.
The updated diskette of withdrawn forms must be returned to this Department by July 1, 1996, and Departmental records will be updated accordingly to reflect a July 1, 1996, effective date for withdrawn policies. PEDS will be updated each year with this procedure to assist both industry and the Department in maintaining a current portfolio of insurance products available for marketing purposes.
The policy form portfolio will be mailed to the individual listed as the contact person on each company's previous PEDS historical data submission. If no historical data was filed, or there is no contact person on file, the policy form portfolio will be mailed to the president of the company at its official mailing address.
Each policy form portfolio will also include an annual certificate of compliance form which will certify to the Department that all policy form data that has not been withdrawn, is in compliance with current Illinois statutes and regulations. The annual certificate of compliance will also certify that any policy form filings made during the next fiscal year will comply with Illinois statutes and regulations. Every insurer/HMO must file the certificate of compliance even if no policy forms are being withdrawn.
Questions or requests for further information should be directed to Nancy Simpson at (217) 782-1771.
The 1996 edition of the Medicare Supplement Premium Comparison Guide is now available from the Department of Insurance.
For each insurance company licensed to sell Medicare supplement insurance in Illinois, the guide lists the premiums charged for each of the ten standardized insurance plans, the waiting period for pre-existing health conditions, the insurer's application processing fee, and whether Medicare will submit Part B claims directly to the company.
This year's guide also includes information on Medicare supplements for disabled persons under age 65, and lists ten companies that offer that coverage. Another section explains Medicare Select insurance which requires the Medicare beneficiary to use specific health care providers.
"The premium comparison guides have proven very popular with Illinois citizens shopping for Medicare supplements for themselves or a loved one," Boozell said. "Because insurance prices vary according to the costs of health care in different parts of the state, we publish separate guides for Southern Illinois, Central Illinois and the Chicago area. The regional guides ensure that the premiums listed are as accurate as possible."
The guide may be obtained by writing to the Senior Health Insurance Program, Illinois Department of Insurance, 320 W. Washington St., Springfield, IL 62767.
The full text of Department rules is printed in the Illinois Register published weekly by the Illinois Secretary of State's Index Department, 111 E. Monroe St., Springfield, IL 62756. Subscriptions are available from that source for an annual fee of $290. Issue numbers and a Department contact person are listed below after each rule summary.
Copies of rules are also available upon written request to the Department of Insurance at a $1 per page charge. Adopted rules are codified in Title 50 of the Illinois Administrative Code.
Rule 952 (Credit Accident and Health Insurance) was amended on January 2, 1996, to establish procedures and standards for the review of credit accident and health forms. (Vol. 20, #2; Mike Teer)
Rule 1102 (Letters of Credit) was repealed on January 1, 1996, and replaced by Rule 1104 (Credit for Reinsurance Ceded), which was adopted on January 1, 1996. Rule 1104 authorizes domestic insurance companies to receive credit for reserves on ceded risks pursuant to 173 and 173.1 of the Illinois Insurance Code. (Vol. 20, #1; Cindy Stephenson)
The Illinois Department of Insurance has been assigned to a
number of National Association of Insurance Commissioners (NAIC)
committees and working groups for 1996. In those cases where we
are members of working groups, but not on the parent committee
itself, we have so-designated by "non-member." In all other
cases, we are a "member" of the listed group, unless an office is
designated.
(EX) EXECUTIVE COMMITTEE -- Midwestern Zone, Secretary
(EX) SPECIAL COMMITTEE ON HEALTH INSURANCE (formerly Health Care
Reform)
(EX) SPECIAL COMMITTEE ON INFORMATION SYSTEMS, Non-Member
o Data Capture Working Group
o Filing Submission Working Group
o Financial Data Working Group
o Pin/Serff Oversight Working Group
o Producer Database Working Group
o Strategic Systems Planning Working Group
(EX) SPECIAL COMMITTEE ON REGULATORY REENGINEERING (formerly
Regulatory Efficiency)
(EX) SPECIAL COMMITTEE ON STATISTICAL INFORMATION
(EX) STATISTICAL TASK FORCE
o Data Quality Working Group
o Profitability Working Group
o Statistical Oversight Working Group
o Statistical Strategic Planning Working Group
(EX1) INTERNAL ADMINISTRATION SUBCOMMITTEE
(EX3) MARKET CONDUCT & CONSUMER AFFAIRS SUBCOMMITTEE
o Credit Reports Subgroup
o Model Consumer Information Report Working Group
(EX3) INS. AVAILABILITY AND AFFORDABILITY TASK FORCE
(EX3) MARKET CONDUCT EXAM OVERSIGHT TASK FORCE, Non-Member
o Market Conduct Exam Monitoring and Handbook Subgroup
o Market Conduct Examiners Tool Kit Working Group
(EX4) FINANCIAL CONDITION SUBCOMMITTEE
o Investments in Affiliates and Subsidiaries Working Group
o Liability-Based Restructuring Working Group
o Surplus Notes Working Group, Vice Chair
(EX4) ACCOUNTING PRACTICES & PROCEDURES TASK FORCE, Vice Chair
o Codification of Statutory Accounting Principles Working
Group
o Emerging Accounting Issues Working Group
o Property and Casualty Reinsurance Study Group
o Separate Accounts Working Group
(EX4) BLANKS TASK FORCE
o Annual Statement Instructions Working Group, Chair
o Standards Reporting Formats Working Group
(EX4) EXAMINATION OVERSIGHT TASK FORCE, Chair
o Audit Software Working Group
o Financial Analysis Handbook Working Group
o Financial Analysis Research and Development Working Group
o Financial Analysis Working Group
o Financial Exam. Scheduling and Planning Technical Group
(EX4) RISK-BASED CAPITAL TASK FORCE
o Health Organizations Risk-Based Capital Working Group
o Life Risk-Based Capital Working Group, Chair
o P&C Risk-Based Capital Working Group
(EX4) VALUATION OF SECURITIES TASK FORCE, Chair
o IMR/AVR Working Group
o Invested Assets Working Group, Chair
o Prudent Person Working Group
o Valuation Office Oversight Working Group, Chair
(EX5) INSOLVENCY SUBCOMMITTEE, Chair
o Confederation Life Working Group
o Fidelity Mutual Life Working Group, Chair
o Guaranty Fund Issues Working Group
o Model Acts Working Group
o Receiver's Handbook Working Group
o Uniform Data Standards Working Group
o Federal Issues Working Group, Chair
(EX6) SUBCOMMITTEE ON FINANCIAL REGULATIONS STANDARDS &
ACCREDITATION, Non-Member
o On-Site Review Working Group, Chair
o Results Oriented Standards Working Group
(A) LIFE INSURANCE COMMITTEE, Non-Member
o Genetic Testing Working Group
o Synthetic GIC Working Group
o Viatical Settlements Working Group
(B) ACCIDENT & HEALTH INSURANCE COMMITTEE, Non-Member
o Limited Benefit Plans Working Group
(B) REGULATORY FRAMEWORK TASK FORCE, Non-Member
o Health Plan Accountability Working Group
(B) SENIOR ISSUES TASK FORCE, Non-Member
o Medicare Supplement Working Group
(B) STATE & FEDERAL HEALTH INSURANCE LEGISLATIVE POLICY TASK
FORCE, Non-Member
o ERISA Working Group
(C) PERSONAL LINES - P&C INSURANCE COMMITTEE
o Catastrophe Reserve Subgroup
(D) COMMERCIAL LINES - P&C INSURANCE COMMITTEE
o Risk Retention Working Group
(E) SPECIAL INSURANCE ISSUES COMMITTEE, Non-Member
o Model Law on Credit for Reinsurance Working Group
(E) SURPLUS LINES TASK FORCE
o Alien Requirements Working Group
o International Insurers Dept. (IID) Plan of Operations
Review Group
CASUALTY ACTUARIAL (TECHNICAL) TASK FORCE, Vice Chair
LIFE AND HEALTH ACTUARIAL (TECHNICAL) TASK FORCE
o Accident and Health Working Group
o Annuity Working Group
o Life Working Group
o Reinsurance Working Group
NAIC/STATE LEGISLATIVE LIAISON COMMITTEE (formerly NAIC/NCOIL)
Revocation of Licensing Authority Dennis M. Costello 6 South 274 Concord Road Naperville, IL 60541 Effective 1/25/96 Jerry Dello 1749 Gold Road, Apt. 342 Mt. Prospect, IL Effective 2/20/96 Voluntary Revocation Gary Ball 712 Trenton Drive Sherman, IL Effective 2/14/96 Bruce Harold Bogen 303 Hilltop Court Colona, IL Effective 1/16/96 William D. Bryant 195 N. Harbor Drive, Apt. 1509 Chicago, IL Effective 2/20/96 Rosario O. Caldarazzo 1929 Bruns Westchester, IL Effective 2/14/96 Nick Daglas Box 1618 RFD Picardy Court Long Grove, IL Effective 1/19/96 Eliseo Villasenor 503 Murphy Romeoville, IL Effective 1/19/96 Denial of Request for License Mark T. Headrick 3500 S. 84th Street Lincoln, NE Effective 2/20/96 Diane J. Malesevich 369 Jenice Court West Chicago, IL Effective 1/25/96 Gregory E. Wathan 339 W. North Decatur, IL Effective 1/26/96 Stipulation and Consent Order - Civil Forfeiture Paid Robert J. Bazell 412 Brampton Arlington Heights, IL Effective 12/29/95 Charles T. Brantley 449 West Lincoln Highway Hinckley, IL Effective 12/21/95 Thomas A. Bush Route 1, 106B Grantsburg, IL Effective 10/24/95 Scott D. Caselli 483 Main Street Marseilles, IL Effective 12/8/95 Brian A. Flanagan 230 Crest Road Glen Ellyn, IL Effective 1/16/96 Kevin G. Kerrigan 164 Acorn Lane Libertyville, IL Effective 12/8/95 Shawnee Insurance Agency Route 1, Box 130A Honeydale Farm Grantsburg, IL Effective 10/24/95 Michael D. Stoeckel 94 Hillside Lane Mundelein, IL Effective 12/8/95 Francis D. Vipond, Jr. 2117 Forrestview Road Rockford, IL Effective 2/1/96 Raymond J. Wronski 115 S. Rammer Arlington Heights, IL Effective 1/4/96 Mark Yoder 110 Palmer Brighton, IL Effective 10/24/95 Other Department Actions Michael D. Carter 37E Terrance Lane Lake Zurich, IL Suspension of license Effective 1/10/96 Jeffrey Scott Zalay 3330 Dundee Road #N-5 Northbrook, IL Director's Order rescinding previous Order Effective 12/22/95 Mark L. Zisook 840 Hawthorne Lane Northbrook, IL Suspension of license Effective 2/29/96 Cancellation Due to Dishonored Check Duran Ayi 5200 S. Blackstone, #600 Chicago, IL Effective 1/24/96 Vince Hardeman 7302 S. Wabash Chicago, IL Effective 1/31/96 LaShawn M. Johnson 602 S. Greenwood Ave., PO Box 1861 Kankakee, IL Effective 12/27/95 Daniel M. Micha 506 N. Power St. Port Washington, WI Effective 12/12/95 Other Dishonored Checks Bill Schenk Insurance Agency, Inc. 4358 W. Fullerton Chicago, IL Melvin T. Dockens 5215 S. Drexel Blvd. Chicago, IL Adamantios Frangiadakis 9022 N. Cumberland Ave. Niles, IL Robert E. Miller 707 N. Hazel St. Danville, IL Antione D. Mitchell 2313 W. Armitage Chicago, IL Gloria M. Neal 1405 Elizabeth St. Jefferson City, MO Linda Tigue 11412 S. Calumet Ave. Chicago, IL
Denver Mutual Insurance Company -- 1/19/96 Northbrook Life Insurance Company -- 1/19/96 Concordia Mutual Life Association -- 1/25/96 Financial Security Life Insurance Company -- 1/25/96 Industrial Casualty Insurance Company -- 1/25/96 National Fraternal Society of the Deaf -- 1/25/96 Addison Farmers Insurance Company -- 2/06/96 Bradford Mutual Insurance Company -- 2/06/96 Jefferson County Mutual Insurance Company -- 2/06/96 Marshall Mutual Insurance Company -- 2/06/96 Triad Guaranty Insurance Corporation -- 2/06/96 GenCare Health Systems, Inc -- 2/08/96 Life Assurance Company of America -- 2/08/96 Mutual Trust Life Insurance Company -- 2/08/96 Amalgamated Life and Health Insurance Company -- 2/13/96 Polish Roman Catholic Union of America -- 2/14/96 Calhoun County Mutual County Fire Insurance Company -- 2/27/96 Interstate Indemnity Company -- 2/27/96 Interstate Fire & Casualty Company -- 2/27/96 Inland American Insurance Company -- 2/29/96 Asbury Township Mutual Fire Insurance Company -- 3/06/96 Chicago Insurance Company -- 3/06/96 Statewide Insurance Company -- 3/06/96
New Admissions
Certificates of authority have been issued to the following
entities:
Americaid Illinois, Inc., IL, (HMO) 1/9/96
American Unified Life & Health Insurance Company, IL,
1/30/96
Asset Guaranty Insurance Company, NY, 3/1/96
Suspension
Universe Life Insurance Company, ID, was suspended effective
1/30/96 - 1/30/98 because its surplus position deteriorated below
minimum standards.
Terminations
The following insurance companies are no longer doing
business in Illinois:
Integrity National Life Insurance Company, PA, merged into
Citizens Security Life Insurance Company, KY, which is not
licensed in IL, effective 9/22/95.
Mid-American Insurance Company, Chicago, was liquidated with
a finding of insolvency on 2/29/96.
National United Life Insurance Company, SD, voluntarily
surrendered its SD certificate of authority on 8/15/95; IL
certificate was cancelled on 1/30/96.
ReCor Insurance Company, Inc., NY, cancelled its certificate
of authority effective 2/2/96.
TIG Insurance Company, MI, cancelled its certificate of
authority effective 3/6/96.
Back to the top
Hearings
Scheduled Hearings:
Callie Chapman
State Farm Fire & Casualty Co.
Nonrenewal 3/20/96
Hearing No. 3416
GWYA, Inc., "Your Insurance Agency"
and Angel Resch
License revocation 3/22/96
Hearing No. 3404
Russell and Khrystal Smith
State Farm Fire & Casualty Co.
Cancellation 3/26/96
Hearing No. 3417
Kathleen M. Konieczny and
Konieczny Insurance Agency
License revocation 4/5/96
Hearing No. 3397
John and Diane Shastal
State Farm Fire & Casualty Co.
Nonrenewal 4/9/96
Hearing No. 3418
Robert J. Skertich
License revocation 4/23/96
Hearing No. 3415
Matters Settled without Hearing:
Fred W. Klokonos
Illinois Farmers Insurance Co.
Hearing dismissed 1/18/96
Hearing No. 3401
Angelo Barra
Illinois Farmers Insurance Co.
Hearing dismissed 1/23/96
Hearing No. 3403
Dealer Services
Stipulation and Consent Order 2/2/96
Hearing No. 3369
Theodore Kallas
State Farm Fire & Casualty Co.
Hearing dismissed 2/15/96
Hearing No. 3407
Morris Shinholster
State Farm General Insurance Co.
Hearing dismissed 2/20/96
Hearing No. 3408
American Bonding Company
Hearing dismissed 2/27/96
Hearing No. 3409
Statesman National Life Insurance Co.
Stipulation and Consent Order 2/27/96
Hearing No. 3405
American Bonding Company
Stipulation and Consent Order 3/6/96
Hearing No. 3270
Completed Hearings:
Jose and Alois Falcon
State Farm Fire & Casualty Co.
Cancellation effective 1/18/96
Hearing No. 3396
Gregory E. Wathan
License request denied 1/26/96
Hearing No. 3375
Daniel and Janet Ring
Prudential Property & Casualty Ins. Co.
Nonrenewal effective 2/7/96
Hearing No. 3399
Terrence Michael Harty
American Manufacturers Insurance Co.
Cancellation effective 2/15/96
Hearing No. 3398
Charles and Patricia Crawford
d/b/a John's Drive-In
Cancellation effective 3/1/96
Hearing No. 3400
Thomas J. Merryweather
Order of Revocation stayed 3/1/96
Hearing No. 3364
| Copyright ©2007 DOI | Contact Us | Privacy/Disclaimer | Illinois Privacy Information | Kids Privacy | Web Accessibility |