Grudge match: State treasurer vs. word firms

A sharp-witted scuffle is moulding adult between a tip Illinois central and a state’s strong word industry, and a Illinois General Assembly will collect a winner.

At a core of a brawl is legislation, upheld by Illinois Treasurer Michael Frerichs, that compels life word companies to examination their annals going behind to 1996 and endorse that genocide advantages have been paid to policyholders’ beneficiaries.

Paying genocide benefits? Isn’t that what life word companies are ostensible to do?

If a answer were always a resounding “yes,” there wouldn’t be any need for Frerichs’ bill.

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