Local News

Illinois Treasurer Frerichs Calling on Legislators to Override Veto of Insurance Benefits Payout Bill

Illinois’ State Treasurer is among those who hope lawmakers in Springfield will override a veto of a bill that would get more money into the hands of state residents. Governor Rauner vetoed House Bill 302 which would require insurance companies to pay out benefits to the loved ones of policy holders after they die.


Frerichs says there are hundreds of millions of dollars owed to Illinois residents.



Frerichs says the bill would ensure the insurance companies do the jobs their policy holders ask them to do with life insurance, taking care of their loved ones.



The Illinois House and Senate will take up the bill at their veto session scheduled to start in late October.

Townhall Top of the Hour News

Weather - Sponsored By:


Local News

Facebook Feed - Sponsored By: