In 2004, the four legacy agencies that are now the Department of Financial and Professional Regulation were consolidated by executive order of Governor Rod R. Blagojevich. The Department now licenses, examines, and oversees one in ten Illinois professionals and thousands of financial, insurance and other regulated businesses. IDFPR has streamlined licensing, improved turn around time and strengthened the State’s ability to oversee licensees engaged in unlawful activities. Reforming the way the Illinois licenses and supervises the financial institutions, realtors, insurance industry and more than a million professionals ranging from physician to accountant saves the state almost $10 million every year.