Illinois Auto Insurance News: 21st Century Insurance Group Reports Second Quarter Results
21st Century Insurance Group (NYSE:TW) today reported net income of $20.5 million ($0.24 per share) for the second quarter of 2005, compared to $21.4 million ($0.25 per share) for the same period in 2004. The 2005 results include net realized capital losses of $1.3 million, compared to net realized capital gains of $1.3 million for the same period in 2004.

Illinois Insurance News: Gov. Blagojevich signs landmark Workers’ Compensation reform Major overhaul of Illinois’ system for the first time in nearly 20 years.
Celebrating a major victory for both business and labor, Governor Rod R. Blagojevich signed legislation today that dramatically changes the workers’ compensation system to reduce costs for businesses, increase benefits for workers, and fight fraud. After the Governor made workers’ compensation reform a top priority in his 2005 State of the State address, he convened negotiations over several months with business and labor leaders and members of the General Assembly that resulted in the first major overhaul of Illinois’ workers compensation system in nearly 20 years.

Illinois Auto Insurance News: Class Action Auto insurance Lawsuit Near Settlement
A Madison County judge gave preliminary approval Monday to a class-action settlement in which consumers would get $5 to $132, while plaintiff attorneys would get $9.5 million.