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] |