Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
An $18 million settlement to partially cover losses in prepaid funeral plans has been distributed to Illinois funeral directors after being tied up in a lawsuit for nearly two years.
The state Department of Insurance announced the distribution Friday, but its news release did not mention that the settlement terms had been changed. Get the full story »
Bloomington-based State Farm is raising its homeowners’ rates by 5.3 percent in Illinois, according to a new filing with the Illinois Department of Insurance.
The rate change kicked in on Nov. 1 for new customers. For customers renewing with State Farm, the rate hike will start on Jan. 1.
In July 2009, State Farm announced an average statewide rate increase of 13 percent for its Illinois homeowners insurance policyholders. Get the full story »
More than 1,000 Illinois residents have submitted applications for a new federally funded health insurance program for people with medical problems. Enrollment opened Friday. Illinois Department of Insurance Director Michael McRaith calls it an “enthusiastic response.”
Enrollees will pay monthly premiums ranging from about $110 to $650. There’s also a $2,000 annual deductible and 80 percent-20 percent coinsurance. Get the full story »
Capital One and Bank of America are the most up-front about the interest rates, fees and rewards on their credit cards, according to a new study by credit card research Web site Cardhub.com.
Sure, most card applications spell out all the terms in the fine print, but most consumers lack the patience to read the tiny disclosures.
Capital One and Bank of America ranked highest among 10 issuers in clarity on their applications, with scores of 96.4 percent and 95 percent, respectively. Get the full story »
