Illinois State Treasurer News

Wirepoints: State Treasurer's social justice warrior investment practices makes bad policy

By Ann Maher | Jan 8, 2018

A financial expert says "social justice warrior" investment practices of Illinois State Treasurer Michael Frerichs makes for bad policy and sets a dangerous precedent for future administrations that may hold different political views.

Officials respond to summary judgment request in FOID card class action

By Heather Isringhausen Gvillo | Dec 21, 2017

State officials sued in a class action over an extra $1 FOID card fee argue that summary judgment is not proper because Illinois citizens cannot collect from the state a $1 processing fee for firearm owner identification cards that was voluntarily paid to a third-party vendor.

House Republican Leader Durkin criticized over 'horrible conflict of interest'

By W.J. Kennedy | Oct 3, 2017

Since assuming control of the Illinois House Republican Caucus four years ago, the law firm of State Rep. Jim Durkin (R-Western Springs) has helped Illinois municipal governments and state agencies amass more than a quarter of a billion dollars in public debt, according to an analysis by Prairie State Wire.

Statements on veto override

By Letters to Editor | Jul 7, 2017

Rauner: Speaker Madigan’s 32 percent permanent income tax increase will force another tax hike in the near future.

Unclaimed life insurance law goes into effect; Insurers must check 'master death list'

By Robert Lawson | Sep 22, 2016

SPRINGFIELD—A change in Illinois law will force life insurance companies to periodically check government death records to ensure their policyholders' beneficiaries are properly paid out. 

Life insurers sue state Treasurer and contingency fee auditor over new rules imposed on unclaimed property

By Ann Maher | Nov 3, 2015

Life insurance companies are suing Illinois state Treasurer Michael Frerichs and private auditing company Verus Financial alleging that recent efforts to tap into policy proceeds under the Unclaimed Property Act are unconstitutional.

Wood River man alleges E-pay program surcharge is unlawful

By Nick Bartholomew | Oct 17, 2015

ALTON -- A Wood River man is suing the Illinois state treasurer in a class-action case, alleging a surcharge on a state E-pay program is unlawful.

Angling

By The Madison County Record | Jul 10, 2005

Now that St. Clair County’s Stephen McGlynn has put on the appellate court robes, the Metro East needs a new representative on the beleaguered Illinois GOP’s ruling board.

Shimkus joins Karmeier for pre-election fly around

By Ann Knef | Nov 1, 2004

U.S. Rep. Shimkus formerly served as Madison County treasurer. Circuit Judge Lloyd Karmeier of Nashville, seeking the vacancy on the Illinois Supreme Court from the Fifth District, will be joined by Congressman John Shimkus (R-Illinois, 19) on a pre-election day fly around.

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