Dept of Insurance warns
consumers not to conduct business with Certified
Warranties Corporation
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[October 23, 2014]
CHICAGO
– October 22, 2014. The Illinois Department of Insurance (DOI) is
alerting consumers that an unlicensed company doing business in Illinois
as CERTIFIED WARRANTIES CORPORATION, with addresses in Lombard and
Oakbrook Terrace has been issuing, selling or offering for sale home
warranty service contracts in violation of the financial and
registration requirements of the Service Contract Act (215 ILCS 152/1 et
seq.).
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The company’s website now claims that “CERTIFIED WARRANTIES
CORPORATION HAS SUFFERED FINANCIAL DIFFICULTIES AND HAS FILED
BANKRUPTCY.”
Illinois consumers are advised not to purchase service contracts
from Certified Warranties Corporation. Illinois consumers who have
existing contracts and/or complaints involving Certified Warranties
Corporation should contact:
Andrew Noyes
Illinois Department of Insurance
320 West Washington
Springfield, Illinois 62767
217-782-4515
Andy.Noyes@Illinois.gov
Non-Illinois residents who have contracts with Certified Warranties
Corporation should contact their state Insurance Department.
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More Information
The Department’s mission is to protect consumers by providing
assistance and information, by efficiently regulating the insurance
industry’s market behavior and financial solvency, and by fostering
a competitive insurance marketplace. The Illinois Department of
Insurance assists consumers with all insurance complaints, including
health, auto, life, and homeowner. Consumers in need of information
or assistance should visit the Department’s web site at
insurance.illinois.gov or call our toll-free hotline at (866)
445-5364.
[Illinois Department of Insurance] |