DANVILLE – With the local community already showing support, State Senator Paul Faraci is reminding residents that they can still participate in the Vermilion County warm socks drive until Friday, Dec. 15.
“I want to thank everyone in the community for helping make this warm socks drive successful,” said Faraci (D-Champaign). “For those who are still looking to donate, we are still in need of women’s and children’s socks.”
From now until Dec. 15, community members are encouraged to participate by donating new socks for men, women and children in Vermilion County. Faraci is highlighting the need for women’s and children’s socks as the majority of donations so far have been men’s socks. Residents can donate at these participating locations:
Donations will benefit Crosspoint at the Y Homeless Program, Danville Rescue Mission (Vermilion Community Restoration) and Fair Hope Children’s Ministry.
For questions or additional information, contact Faraci’s office at 217-442-5252.
CHAMPAIGN – In an effort to make sure that no one living in a long-term care facility feels forgotten this holiday season, State Senator Paul Faraci is hosting a holiday card drive for seniors in Champaign County.
“The holiday season is about spreading love and joy, especially to those who may feel lonely or disconnected,” said Faraci (D-Champaign). “This holiday card drive is a wonderful opportunity for our community to come together and bring smiles to the faces of our seniors.”
Faraci is collecting store bought and handmade cards for Champaign County seniors this holiday season. People are encouraged to write kind notes and drop them off or mail them to his office, located at 45 E. University Ave., Suite 206, Champaign, Illinois 61820. The last day to drop off cards is Dec. 15. The cards will then be delivered to local long-term care facilities.
"I believe that even the smallest acts of kindness go a long way,” said Faraci. “These cards will not only deliver holiday wishes but also serve as a reminder to our seniors that they are cherished and valued members of our community.”
The goal of the holiday collection drive is to brighten the spirits of seniors who may feel isolated during the holiday season, fostering a sense of warmth and connection within the community. If you have any questions, please reach out to Senator Faraci’s office at 217-355-5252.
SPRINGFIELD — Legislation changing the minimum amount of coverage farm mutual insurance companies are required to provide, supported by State Senator Paul Faraci, was signed into law Friday.
“Adequate reinsurance allows insurers to offer affordable premiums for farmers, making insurance coverage more accessible,” said Faraci (D-Champaign). “This will help our farmers fully invest in their operations without being burdened by excessively high insurance costs.”
Senate Bill 765 requires farm mutual insurance companies to have and maintain adequate catastrophic reinsurance, rather than unlimited catastrophic reinsurance—which limits the company’s exposure on any loss to 20% of its policyholders’ surplus. ACR provides coverage up to a predetermined limit, which allows the insurer to manage costs more effectively. UCR, on the other hand, can incur higher premiums due to the increased risk transferred to the reinsurer.
The Illinois Department of Insurance had previously interpreted the Farm Mutual Insurance Company Act as requiring unlimited catastrophic aggregate reinsurance coverage. This would have led to 44 farm mutual insurance companies in Illinois being unable to offer coverage this year under the requirement, potentially leaving over 51,000 policyholders uninsured. Under the new law, companies will allow broader access to reinsurance products and risk capital, helping to avoid disruptions in the farm mutual community. This will allow the marketplace to correct and set appropriate pricing for policyholders, ensuring farmers have access to coverage.
“Illinois relies on a stable agricultural sector for economic growth,” said Faraci. “By allowing farm mutual companies to provide ACR, more farmers will be able to insure their crops against potential losses, helping to prevent financial crises and agricultural disruption due to natural disasters.”
Senate Bill 765 was signed into law on Friday and goes into effect immediately.
DANVILLE – Especially during the winter months, socks are among the most-requested articles of clothing by people experiencing homelessness, leading State Senator Paul Faraci to continue the work of State Senator Scott Bennett by hosting a donation drive collecting new socks for shelters across Vermilion County.
“Warm socks are something we take for granted and a luxury for those experiencing homelessness,” said Faraci (D-Champaign). “With your help, we can provide a little bit of comfort to those in need during the harsh winter months.”
Worn-out or ragged socks put people at serious risk of foot disease and, during the winter months, in severe danger from the cold. As a result, new socks are greatly needed by those experiencing homelessness — but they are the least-donated clothing item at homeless shelters.
From now until Dec. 15, community members are encouraged to donate new socks for men, women and children at the collection locations below:
Donations will benefit Crosspoint at the Y Homeless Program, Danville Rescue Mission (Vermilion Community Restoration) and Fair Hope Children’s Ministry.
For questions or additional information, contact Senator Faraci’s office at 217-442-5252.
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