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News

Illinois, State Farm and home insurance

AOL · 36m
State Farm faces backlash over $523 million insurance rate hike in Illinois
State Farm’s plan to raise homeowners insurance rates by more than half a billion dollars in Illinois has reignited calls from consumer advocates to overhaul how the state oversees insurance rates. “Home insurance rates are on the rise in Illinois due to rising home replacement costs and more frequent severe weather events that are driving up the cost and frequency of claims,
Chicago Tribune · 1d
State Farm to raise Illinois homeowners insurance rates by 27.2% in August
Many Illinois homeowners will soon see their home insurance rates skyrocket due to the increase in extreme weather events.
Hoodline · 15h
Illinois Homeowners Brace for 27% Insurance Rate Hike as State Farm Announces Increases Amid Cost Concerns
State Farm is hiking Illinois home insurance rates by 27%, while auto insurance premiums decrease by an average of 5.7%. Governor Pritzker contests the hikes.
Northern Public Radio
18h
State Farm says Pritzker's rate hike claims are 'factually incorrect' political rhetoric
State Farm said Friday that Gov. JB Pritzker’s attacks on its 27% homeowners’ insurance rate increase are “factually ...
1d
Pritzker hammers State Farm, calls for legislative action after rate hike
Illinois Gov. J.B. Pritzker is pushing for lawmakers to ban “unnecessary rate hikes” after a major insurance company sought a ...

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