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Archive for the 'Insurance News' Category

Has Illinois forgiven Safe Auto

I came across an article from back in 2006 that I felt deserved resurfacing.  The article stated that Michael T. McRaith, Springfield’s Director of Insurance has issued a Cease and Desist Order against the Safe Auto Insurance Company.  (Read the article)

$85 Billion lend to AIG

The Federal reserve agreed to take an 80% stake in AIG by lending $85 Billion to the insurer. On Oct 7th a hearing will be held for AIG by the House Oversight Chairman Henry Waxman.
(Read the article)

Insurance Retreat

The Illinois Insurance Association has a mission to preserve and enhance the positive legislative and regulatory insurance climate in which member companies will conduct business.  Companies must responsibly serve the needs of Illinois consumers to grow in this highly competitive market. (Read the article)

Driving safe is the best policy

Careful with the tools you use to avoid tickets and high insurance rates. the use of radar and laser jammers within the state of Illinois is illegal. It is also a felony to use these devices so keep this in mind if you are currently using one. A $200 ticket is better than a felony on your record. Many states are beginning to outlaw the mere possession of a radar jammer. Drive safe and you won’t need to worry about the ticket nor the felony.