What is a primary purpose of the Illinois Department of Insurance?

The primary purpose of the Illinois Department of Insurance is to ensure fairness in the insurance marketplace. This involves regulating and overseeing insurance companies operating within the state to ensure that they comply with the law and provide fair practices to consumers. The department is tasked with protecting consumers' interests by maintaining a competitive insurance market, safeguarding against unjust practices, and ensuring that policyholders receive the benefits to which they are entitled.

While some other options may relate to activities of insurance departments in various capacities—such as addressing fraud or implementing certain regulations—they do not capture the overarching goal of maintaining a fair and accessible insurance marketplace. Providing direct insurance to consumers or implementing federal tax laws related to insurance does not align with the department's role in oversight and consumer protection.