2+ mon, 3+ week ago  (391+ words) Regulators face pressure to act as insurer plans average 8.8 percent hike Illinois homeowners insured by Allstate are bracing for another hit next year, as the state's second-largest provider moves forward with a round of rate increases. Allstate plans to raise…...

1+ mon, 6+ day ago  (185+ words) Pritzker-backed bill would give regulators power to review and roll back hikes Illinois lawmakers are gearing up to take another swing at one of the most closely watched insurance overhauls in years, reviving a bill that would give state regulators…...

4+ mon, 6+ day ago  (518+ words) Governor wanted state rate-review powers after Illinois" State Farm rates increased 50 percent in three years Gov. JB Pritzker is reviving his campaign to put homeowners" insurance rates under state scrutiny, weeks after a rate-review bill unexpectedly collapsed in the Illinois…...

5+ mon, 2+ week ago  (365+ words) If flood insurance program NFIP lapses, thousands of home sales could be disrupted The clock is ticking on the federal flood insurance program, and Florida real estate could take the biggest hit if Congress fails to act." The National Flood…...

8+ mon, 1+ week ago  (402+ words) Oklahoma, Nebraska top states with most expensive insurance costs In 2023 and 2024, the United States experienced the most natural disasters on record that led to damages of at least $1 billion." So it's no surprise that home insurance companies over the past…...

8+ mon, 5+ day ago  (438+ words) Gov. J.B. Pritzker called home insurance hike "unfair and arbitrary," claiming other states" losses were factored in State Farm will raise homeowners insurance premiums by 27.2 percent in its home state, one of the largest rate hikes in Illinois history, the Chicago…...

1+ year, 5+ day ago  (512+ words) State Farm General got its wish to hike home insurance rates by an average of 22 percent. The news comes weeks after being straight-armed by California's chief insurance regulator for a request to increase rates because of the Los Angeles wildfires....

10+ mon, 6+ day ago  (428+ words) Homeowners will bear the brunt of responsibility in shoring up the financial gaps for State Farm General after the California insurance commissioner sided with an administrative law judge ruling to allow an emergency 17 percent rate increase. That's off from the'original…...

11+ mon, 2+ week ago  (429+ words) Even without the natural disasters driving home insurance hikes in other states, homeowners across Illinois are paying significantly more to protect their properties. Home insurance premiums in Illinois soared 50 percent between 2021 and 2024, the second-largest increase in the country after Utah's…...