Illinois Treasurer Michael Frerichs News

A measure backed by Illinois’ treasurer could help ensure that insurance companies have paid out money properly to beneficiaries of life insurance policies. The proposed legislation would require companies to examine the past 20 years of their records to ensure …

Illinois Treasurer Michael Frerichs is launching a series of public hearings to explore how life insurance companies avoid paying death benefits. The first hearing is set for this morning in the city council chambers in Normal. The state treasurer’s office …