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Key insurance industries it regulates include health insurance, auto insurance, homeowners insurance, and life insurance. [1] The department is the umbrella agency that operates the Illinois Health Benefits Exchange (IHBE), a health insurance marketplace that serves as an intermediary between Illinois residents and the health-insurance mandate ...
The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...
The Illinois Department of Insurance (IDOI), which is tasked with educating and protecting consumers while regulating the insurance market, urges policyholders to file complaints if they believe their insurer is not acting in good faith. Country Financial appears to be a repeat offender in this regard.
Illinois Attorney General Kwame Raoul, whose office filed for summary judgement on the behalf of the state insurance department, said on Friday that the decision was a "win in a years-long fight."
(The Center Square) – An insurance research company says Illinois is becoming increasingly vulnerable to a growing insurance crisis. Insurify says Americans have seen premiums climb to ...
From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases. From April to June, the Financial Ombudsman ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
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