FIAI @FinInclusionIL
Advocating for the tools families need to build financially secure futures. Project of @heartlandhelps. financialinclusionforall.org Chicago, IL Joined May 2011-
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Fight over COVID auto insurance data might set the stage for broader regulatory fight in Illinois wglt.org/local-news/202…
Seed money for college, starting in kindergarten. More cities roll out college savings plan --msn.com/en-us/money/ne…
“We didn't need more evidence that Illinois car insurance customers deserve stronger protections, but here it is.” @abescarr chicagobusiness.com/insurance/alls… via @CrainsChicago
What's @Allstate doing with that COVID windfall instead of providing more relief to policyholders? Buying back stock chicagobusiness.com/insurance/alls…
.@ChiPubSchools is hosting #BackToSchool fairs across the city to distribute 40,000 backpacks with school supplies, provide opportunities to receive the COVID-19 vaccine and offer COVID-19-related information. Don't miss out on the resources you need for a successful school year!
Following action from @CFPB, the 3 largest credit reporting agencies are changing the way medical debt is reported. This will greatly benefit people of color, low-income earners & ppl w/ disabilities. More in Health Policy Minute bit.ly/3ytL4jN >> via @CommCatHealth
Auto insurers in Illinois have pulled in the dough during the pandemic, newly-released data shows. And the money that boosted their bottom lines often far outpaced the "pandemic relief" refunds insurers ballyhooed in the first months of the pandemic. bit.ly/3bMxm3R
📢📢 Spread the word about this opportunity from our friends at @WomenEmployed to share experiences about paid family leave, child care and other #RaisingIllinois priorities!
WE are conducting a survey of women workers to learn about their paid sick time, paid leave, childcare, and COVID experiences. All who the complete a survey will be entered into a raffle for a $25 Amazon gift card. Visit ow.ly/wLh650JCFRi to complete the survey today!
Car insurers’ pandemic windfalls: Illinois insurers could have given you bigger refunds, maintained same profits @SZReports chicago.suntimes.com/2022/7/2/23191…
Auto insurers raked it in during pandemic as drivers kept cars parked chicagobusiness.com/insurance/alls… via @CrainsChicago
I am appalled that these companies overcharged families sheltering at home and call on the insurers to issue additional refunds promptly. This is particularly important in Black communities, where auto insurers indiscriminately charge higher rates. chicagobusiness.com/insurance/alls…
The monthly child poverty rose to 16.6 percent in May, levels similar to those seen earlier this year in the wake of the expiration of the monthly expanded Child Tax Credit payments at the end of 2021. Poverty is a policy choice. bit.ly/3ue22S9
Share! Nominate! Apply! 🎨 Help us spread the word about our $20K narrative change fellowship opportunity for Chicagoland artists. - mailchi.mp/economicsecuri… #PowerofCash #GuaranteedIncome
Unfortunately, IL regulators lack key powers to protect insurance customers. IL regulators have no power to block or modify insurance rate hikes -- or to mandate reductions or refunds -- as regulators do in other states. IL law does not even prohibit "excessive" rates
The data from @IL_Insurance came in response to a January request from @IllinoisPIRG @ConsumerFed @FinInclusionIL @IMPACTHeartland @ChiUrbanLeague @WoodstockInst @shrivercenter @NewAmericaChi Chicago Legal Action, & 16 state Senators, led by @senatorjacqui🙌
Auto insurance companies made windfall profits at consumers' expense during the pandemic. “This is particularly important in Black communities like those I represent, where auto insurers indiscriminately charge higher rates" -@senatorjacqui @IllinoisPIRG bit.ly/3NyYReI
Yasmin Farahi of @CRLONLINE tells the Midwest Asset Building Conference that there have been some exciting developments to #StopTheDebtTrap in the Midwest like in NE, SD, & IL but also increased efforts in some states (like IN) to expand dangerous predatory lending.
"What are the possible options that could … break that cycle [of poverty] and give people the opportunity to start getting an economic foothold?” #racialwealthgap @Suntimes @helenegayle @ChiTrust chicago.suntimes.com/fran-spielman-…
Excited for two in-person gatherings with fellow Midwesterners this week, with @NACEDAtweets’ Midwest Caucus and the #MABC22 both in Saint Paul. Looking forward to great conversations about setting the bar high for community economic development and asset-building in the Midwest!
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