News

Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is ...
State Farm is raising homeowners insurance rates in Illinois by a whopping 27.2% beginning Aug. 15, according to a filing ...
Illinois is the only state where the state government does not have any ability to prevent indiscriminate rate hikes. Special ...
Illinois Gov. J.B. Pritzker is demanding action after State Farm announced that homeowners insurance rates in the state will ...
This is the second time State Farm General's financial rating has been downgraded since the Los Angeles wildfires. Insurers' ...
Gov. JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates after State Farm announced it was hiking homeowners insurance by 27.2% beginning this ...
BLOOMINGTON, Ill. (WTVO) — State Farm is defending its 27% rate hike on Illinois homeowner insurance policies, calling Gov. JB Pritzker’s condemnation “factually incorrect.” According to ...
A 27.2% hike by State Farm is sparking outrage in Illinois. Lawmakers say it’s time to regulate but industry groups warn of higher costs.
For State Farm, the average annual premium for its 1.1 million non-tenant homeowners policies in Illinois is $1,700, which would project an increase of about $475 per year after the 27.2% rate ...
“For example, last year in the state of Illinois alone, we paid out more than $638 million in hail damage claims,” State Farm spokeswoman Gina Morss-Fischer said in an interview. “That was ...
State Farm representatives asked a judge for permission to keep documents that they say justify the rate increases away from the public. It's a request that consumer advocates say violates the law.
Gov. JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates after State Farm announced it was hiking homeowners insurance by 27.2% beginning ...