News
Report: Home insurance rates go through the roof in Colorado
3+ hour, 34+ min ago (398+ words) (The Center Square) " Colorado is projected to have the sixth-highest home insurance rates in the country this year, according to a new report. The average cost of home insurance in the Centennial State was $3,996 in 2025, a 33% increase, the report from…...
Illinois pushes rate-hike protections forward despite consumer cost fears
4+ day, 3+ hour ago (459+ words) (The Center Square) " Home and auto insurance providers in Illinois could face new oversight and regulation after a Senate bill recently passed the House, despite concerns from Republican lawmakers and insurance industry groups. The bill passed primarily along party lines,…...
Illinois quick hits: House passes measure to restrict insurance price increases
1+ week, 1+ day ago (155+ words) House passes measure to restrict insurance price increases The Illinois House approved a bill to regulate price increases of home and automobile insurance. Supporters said consumers are facing increased costs they can't afford and the legislation would put a review…...
Lawmakers call for expanding California FAIR insurance plan
1+ mon, 4+ week ago (487+ words) (The Center Square) " California lawmakers called Wednesday for the state's "insurer of last resort," the California FAIR Plan, to evolve to insure more properties throughout the state. The remarks come after years of the number of FAIR Plan policyholders climbing…...
Allstate homeowners rate hike sparks debate over Illinois insurance oversight
2+ mon, 2+ week ago (529+ words) (The Center Square) " Illinois homeowners could see their insurance bills rise again after Allstate filed a $58 million rate increase affecting nearly 300,000 policyholders, reigniting a debate over whether the state should tighten oversight or risk government overreach in the insurance market....
IL House speaker signals insurance regulation described as 'ill-advised"
2+ mon, 2+ week ago (580+ words) (The Center Square) " The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the General Assembly reconvenes later this month. Illinois House Speaker Emanuel "Chris" Welch, D-Hillside, was asked about the…...
IL House speaker signals insurance regulation described as 'ill-advised'
2+ mon, 2+ week ago (580+ words) (The Center Square) " The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the General Assembly reconvenes later this month. Illinois House Speaker Emanuel "Chris" Welch, D-Hillside, was asked about the…...
WATCH: Illinois House rejects home insurance bill GOP says would raise rates
4+ mon, 3+ week ago (386+ words) (The Center Square) " Illinois Republicans say a state Senate proposal to regulate homeowners insurance rates failed to address the reasons for higher premiums. House Bill 3799 would require home insurance providers to notify consumers at least 60 days in advance if they…...
Latest State Farm rate cut has reduced Florida premiums by $1B
4+ mon, 3+ week ago (301+ words) (The Center Square) " Another big insurer is lowering rates in Florida as a result of the state's tort reform legislation. State Farm is dropping auto insurance rates by an average of 10%, matching its cut of a year ago. Combined, the…...
Federal flood insurance pause hurting Louisiana, Cassidy says
4+ mon, 3+ week ago (355+ words) (The Center Square) " The prolonged government shutdown has disrupted the National Flood Insurance Program, leaving roughly half a million Louisiana policyholders in limbo and complicating property sales, U.S. Sen. Bill Cassidy said Friday. The program, administered by the Federal Emergency Management…...