News from Rockford, IL Democrats – more news at WinnDems.org.

Put Families First Before Insurance Company Profits - Frerichs for Illinois


Dear Friend,
A few weeks ago, I wrote to you and asked for your help to reform the life insurance industry in Illinois. We were successful in passing HB302 out of the House and Senate in order to ensure Illinois families are put before insurance company profits. 
Now we need to urge the Governor to sign the bill so Illinoisans are protected. 
Sign our petition to urge the Governor to sign HB302 and put Illinois families before insurance company profits! Share this petition with your friends and encourage them to sign too! 
House Bill 302 will require life insurance companies to identify policies that have not been paid to the rightful beneficiaries from 2000 to the present.  Insurance companies representing 80 percent of the market have already done the right thing. We are in a fierce battle with the last 20% of insurers. Some of these companies told the Federal Security and Exchange Commission that paying beneficiaries will cut into their profits and force them to change their business model. Through audits my office found over $550 million that belongs to Illinois residents that insurance companies had not paid. 
Sincerely,

 

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It is a "lite" version of WinnDems.org.
Paul Gorski is the editor and posts the content. More information about local Democratic officials and candidates can be found at WinnDems.org (http://www.winndems.org)
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