Illinois extends its guaranty fund's powers to clean up failed insurers
GeneralInsurance Business

Illinois extends its guaranty fund's powers to clean up failed insurers

Jun 29th, 2026 • 5 minView Source

The shutoff clock just restarted, and big insureds stay on the hook for claim costs

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.