ILL. DOI SUBPOENAS QUOTESMITH .COM ON BROKER PRACTICES:

Darien, Ill.-based online direct-to-consumer life insurer Quotesmith.com Inc. announced that it has received a subpoena requesting documents and seeking information from the Illinois Division of Insurance. The company said it intends to cooperate fully with the department. “Quotesmith.com conducts its insurance brokerage business with high standards of ethical behavior,” CEO Robert Bland said in a statement. “We have no customer complaints on hand and have no knowledge of any wrongdoing by any of our employees.”