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Description. The Illinois Department of Financial and Professional Regulation was created on July 1, 2004. It is responsible for the regulation, oversight, and licensure of almost 300 different types of professional licenses and financial institutions. The current director ("Secretary") of this department is Mario Treto, Jr.
Insurance broker. An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers ...
The National Association of Registered Agents and Brokers Reform Act of 2013 ( H.R. 1155) was introduced into the House by Rep. Randy Neugebauer (R, TX-19) on March 14, 2013. [6] It was referred to the United States House Committee on Financial Services. [6] On September 10, 2013, the House voted in Roll Call 450 to pass the bill 397-6.
Unlike insurance agents who service one or more insurance companies, brokers represent clients, helping them find the best insurance policies to meet their unique needs. While using a broker can ...
Insurance commissioner. An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
A suspended license does not necessarily mean that a driver can not obtain insurance. Although you may not be able to drive, you will likely still need to maintain insurance on your vehicle to ...
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