Insurance

Insurance

Congressman Hultgren Named to Housing and Insurance Subcommittee Overseeing Fannie and Freddie, Flood Insurance

U.S. Representative Randy Hultgren (IL-14), member of the House Financial Services Committee, today was named to the Subcommittee on Housing and Insurance which has jurisdiction over flood insurance including the National Flood Insurance Program (NFIP), Fannie Mae and Freddie Mac, public and private housing, urban development and terrorism risk insurance. Rep. Hultgren was also elevated as Vice-Chairman of the Subcommittee on Capital Markets, Securities and Investment.

Consumer Groups Criticize Illinois Insurance Director Dowling for Failing to Enforce Unfair Discrimination Law...

A coalition of consumer groups are calling on Acting Illinois Insurance Director Anne Melissa Dowling to reverse her “do-nothing” position and start protecting Illinois consumers from the unfair use of certain information unrelated to insurance risk – such as personal consumer shopping data – to set auto and homeowners insurance prices.

Find the Best Home Insurance Service

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Illinois Department of Insurance Reminding Consumers to Review Flood Insurance Policies

CHICAGO, IL - June 20, 2011 - (RealEstateRama) -- As record floods and other natural disasters strike communities across the country, the Illinois Department of Insurance is reminding Illinois homeowners and renters to review insurance coverage to determine if flood insurance is required.

Illinois Department of Insurance Urges Consumers to Review Flood Insurance Policies

CHICAGO, IL - April 27, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is once again reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and making informed decisions about whether flood insurance is needed. “This spring season has brought heavy rains and flooding, with more of both certain to come,” said Michael T. McRaith, Director of the Illinois Department of Insurance. “Flood insurance coverage is not included in standard homeowner or renter policies and do not take effect for 30 days, so our Department encourages consumers to determine the limits and benefits of an insurance policy well before damage may occur.”

Illinois Department of Insurance Reminds Consumers to Review Flood Insurance Policies

CHICAGO, IL - March 28, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and determining whether flood insurance is needed.

State Reminds Consumers to Check Flood Insurance as Snow Melts and Before Spring Rains

CHICAGO, IL - February 17, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is reminding homeowners and renters to prepare for the possibility of a spring flood by checking existing homeowner and renter policy coverage and determining whether to add flood insurance.

HUD APPROVES $31.2 MILLION FINANCING PLAN TO REPLACE CRITICAL ACCESS HOSPITAL IN MONTICELLO, ILLINOIS

WASHINGTON, DC - October 5, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the John & Mary E. Kirby Hospital in Monticello, Illinois. The $31.2 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

One-on-One Counseling Services to Tornado Victims Department staff to help homeowners with insurance forms,...

CHICAGO, IL - June 8, 2010 - (RealEstateRama) -- The Illinois Department of Insurance will provide free, one-on-one counseling services in Dwight and Streator to help individuals affected by the recent tornados with the insurance claims process. Department staff can assist with questions such as how to properly document storm damage, whether to make temporary repairs, what a consumer’s homeowner policy covers, and what to expect during the claims process.

Rep. Halvorson Votes to Extend Homebuyer Tax Credit, Unemployment Insurance

November 6, 2009 - (RealEstateRama) -- Working to help those hardest hit by the struggling economy, and provide greater opportunities to realize the American dream, Rep. Debbie Halvorson (IL-11) today voted to pass the bipartisan Emergency Unemployment Compensation Extension Act."All across our district our friends and neighbors are in danger of losing their unemployment benefits, and our economy is struggling to recover, this bill is a big step in turning that around," said Halvorson. "By extending these benefits we are helping our communities today so they can be stronger and more prosperous tomorrow.

Survey Indicates Majority of Renters Do Not Carry Renters Insurance

CHICAGO, Oct. 31 /PRNewswire/ -- Car owners know that they must have insurance to drive and homeowners carry coverage to protect their possessions, however,...

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

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January brings uptick in Illinois home sales and prices

The start of a new year brought renewed interest from homebuyers who drove home sales and the statewide median price higher in January, according to Illinois REALTO

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Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

Today, U.S. Representative Mike Quigley (IL-05) fought to expand federal housing assistance and protect funding and eligibility for vital infrastructure programs that improve the economy and support local communities, including projects in Chicago and Cook County. His efforts come as the House Appropriations Committee considers the FY15 Transportation, Housing and Urban Development (THUD) Appropriations bill Fisher Investments Jay Carlson