About the Illinois Department of Insurance
I am pleased to welcome you to the Illinois Department of Insurance. Our 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 carries out this mission through effective administration and enforcement of the Illinois Insurance Code (215 ILCS 5/1 et seq.), the Illinois Pension Code (40 ILCS 5/1-101 et seq.), and related laws and regulations, including Title 50 of the Illinois Administrative Code. The Director is also responsible for the operations of the Office of the Special Deputy Receiver, which handles the affairs of insurance companies placed in rehabilitation, conservation or liquidation.Former Directors of Insurance
Total Amount of Operating Budget
For Fiscal Year 2014, the total amount appropriated to the Department of Insurance is $53,623,500.
The Department of Insurance currently has 260 employees.