The Illinois Department of Insurance is being consolidated with three other financial and regulatory agencies. The acting director of the Illinois Department of Labor, Esther Lopez, has been promoted to Gov. Rod Blagojevich’s deputy chief of staff for labor and professional regulation. She will be responsible for oversight of the consolidation of several agencies, including the Departments of Insurance, Professional Regulation, Financial Institutions and the Office of Banks and Real Estate. The governor said that consolidating the departments would save the state about $15 million a year.
Was this article valuable?
Here are more articles you may enjoy.
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
Insurify’s Founders Discuss Evolution of Insurance Shopping With AI From This Issue
