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The National Association of Insurance Commissioners recognized the state’s accreditation team during its December Meeting

CHICAGO, IL –Illinois Department of Insurance (DOI) Director Andrew Boron announced the department has received accreditation by the National Association of Insurance Commissioners (NAIC). A state insurance department is given accreditation once it has demonstrated it meets an assortment of legal, financial and organizational standards as determined by a committee of its peers.

“Illinois was first accredited in 1991and this year marks the fifth accreditation review the department has undergone. Every person on the accreditation team should be very proud of this achievement. I applaud their hard work in the field and encourage everyone to keep up the good work,” said Director Boron.

Accredited insurance departments are required to undergo a comprehensive review by an independent regulatory team every five years to review laws and regulations, the financial analysis and financial examinations functions, organizational and personnel practices, and organization, licensing and change of control of domestic insurers to assist in determining a state’s compliance with the accreditation standards.

DOI’s accreditation staff was recognized earlier this month at the NAIC’s meeting held in Washington, DC.

The NAIC Accreditation Program requires that state insurance departments have adequate statutory and administrative authority to regulate an insurer’s corporate and financial affairs, and that they have the necessary resources to carry out that authority.

The Department’s mission is to protect consumers by providing assistance and information, by efficiently regulating the insurance industry’s market behavior and financial solvency, and by fostering a competitive insurance marketplace. The Department assists consumers with all insurance complaints, including health, auto, life, and homeowner. For more information, visit the Department’s web site at insurance.illinois.gov or call our toll-free hotline at (866) 445-5364.

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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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