This Bad Weather and Storm Makes Me Think of Insurance.

April 16, 2015

Illinois had 9 confirmed Tornados last week. Only 1 did a significant amount of damage. Our Governor declared the affected counties "Disaster Areas".

We've had weather disasters before, but I've never seen a Director of Insurance issue orders pertaining to all Insurers doing business in the disaster areas. Yesterday, the following order was issued...

Ltr from IL DOI: http://insurance.illinois.gov/cb/2015/CB2015-08.pdf

Are these type of orders common in your state following a local disaster???

I'm thinking that this might be related to IL now having a Republican Governor. First time since 1994. A much more devastating Tornado hit the state in 2013, but the Insurance Commissioner didn't issue any orders affecting insurers.
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