Inside these posts: Michael McRaith

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Ill. regulator to head U.S. insurance office

The Obama administration was expected soon to name an Illinois state insurance regulator to head the new Federal Insurance Office, said sources familiar with the matter on Thursday.

Michael McRaith, seen as the front-runner for the job, is now head of the Illinois Department of Insurance. Get the full story »

1,000 in Illinois sign up for new health insurance

More than 1,000 Illinois residents have submitted applications for a new federally funded health insurance program for people with medical problems. Enrollment opened Friday. Illinois Department of Insurance Director Michael McRaith calls it an “enthusiastic response.”

Enrollees will pay monthly premiums ranging from about $110 to $650. There’s also a $2,000 annual deductible and 80 percent-20 percent coinsurance. Get the full story »