Illinois State Treasurer’s Office News Releases
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SPRINGFIELD — Listening to the concerns of Illinois farmers and agriculture community leaders, Treasurer Michael Frerichs has made some important improvements to the Ag Invest Program to better address the needs of today’s Illinois farmer. “Agriculture is the number one industry in Illinois, making it even more important that we are offering the right tools to help farmers succeed,” Treasurer Frerichs said. “With the Ag Invest Program, we are providing the financial support needed to assist farmers with annual operating expenses and capital improvements to help grow their businesses.” The…
Unclaimed Property Auction Results: $73,000
Search Your Name at IllinoisTreasurer.gov SPRINGFIELD — Bidders paid $73,000 for 8,000 pieces of commemorative coins, jewelry and baseball cards in the state’s unclaimed property auction, Illinois Treasurer Michael Frerichs’ office said today. The week-long online sale closed Friday. Winning bids included an Engelhard 10-ounce gold bar, sold for 12,052 dollars, and a 1923-D Saint-Gaudens Double Eagle gold coin, sold for 1,391 dollars. A collection of baseball cards sold for 467 dollars. The collection included a 1967 Topps Mickey Mantle card, a 1966 Topps Sandy Koufax card, and a 1982…
Online Auction for Unclaimed Property
Online Auction November 30-December 4, Sale Preview Underway SPRINGFIELD — Commemorative coins, gold pieces and jewelry are among the 8,000 items worth $70,000 to be auctioned Nov. 30- Dec. 4, Illinois Treasurer Michael Frerichs said today. “Our unclaimed property team works hard to return valuables to their rightful owners,” Frerichs said. “If the property goes unclaimed for 10 years, the items are auctioned to make room for incoming unclaimed items.” Items include an Engelhard 10oz gold bar; a 1923D Saint Gaudens Double Eagle gold piece; a 1967 Mickey Mantle Topps…
Kemper Companies Sue to Block Audit to Confirm Payment of Life Insurance Policies
Audits of Other Life Insurance Companies Identified More than $195 Million Owed to Grieving Families SPRINGFIELD — Three Kemper insurance companies sued State Treasurer Michael Frerichs to block an audit that would identify life insurance policies belonging to people who have died but the benefits have not been paid to their loved ones. Since 2013, most insurance companies under audit by Illinois have complied with requests to review records. The audits have identified more than $195 million in previously unpaid life insurance benefits and annuities. The insurance companies and Frerichs’…