News

State Farm is raising home insurance rates 27% due to inflation and severe weather, saying it's been spending more than it's ...
State Farm is raising homeowners insurance rates in Illinois by a whopping 27.2% beginning Aug. 15, according to a filing ...
State Farm is defending its 27% rate hike on Illinois homeowner insurance policies, calling Gov. JB Pritzker's condemnation ...
Abe Scarr, director of the Illinois Public Interest Research Group, said there is currently no regulatory oversight in ...
Rates filed by insurance companies in Illinois reflect the rising cost of claims, which is primarily driven by local natural ...
Illinois homeowners face an average 27% premium spike as State Farm cites severe weather and rising costs. Governor Pritzker ...
"In addition to increased premiums, State Farm intends to raise out-of-pocket deductibles and reduce payouts for certain ...
“These increases are predicated on catastrophe loss numbers that are entirely inconsistent with the Illinois Department of ...
Last year, Pritzker signed legislation giving the agency authority to review and reject proposed rate increases in ...
The increase affects nearly 1.5 million State Farm customers and comes alongside a newly implemented 1 percent minimum ...
Illinois Governor JB Pritzker (pictured above) is urging lawmakers to grant new oversight powers to the state’s insurance ...
State Farm says in 13 of the last 15 years, it paid out more than budgeted to cover damage from severe weather events in ...