The Gies College of Business and the Grainger College of Engineering bought a three-year policy with Lloyd's of London in early 2017 that takes effect if a visa ban, trade war, pandemic or other emergency causes a one-year drop of at least 18.5 percent. CHAMPAIGN — Before tensions escalated between the United States and China over trade and security, two of the University of Illinois' biggest colleges took out an insurance policy — literally — against a sudden drop in Chinese enrollment. read more