Winners in Illinois remain stranded in lottery limbo as the state still hasn’t passed a new fiscal budget after the last one lapsed in July. Without a budget on the books the state is unable to legally pay many of its obligations, including lottery winnings. The number of winners continues to climb and with it […]

A new report by Schroders, the global asset management firm, has found that longevity annuities should increase in prevalence thanks in part to recent rules and regulation changes, according to the industry news site insurancenewsnet.com. The Department of Treasury created qualifying annuity longevity contracts (QLAC) in July of 2014 to help bolster retirement income strategies […]

In a case that’s been ongoing for a couple years, the Illinois Supreme Court ruled in late September that the abnormally large bleachers at Crystal Lake South High School must come down, according to the Chicago Tribune. The battle was between the school district, who erected the 50-foot structures without the city’s permission, and local […]