INSURASALES

Tag: Illinois

Illinois Proposes Legislation to Ban Cost Shifting in Insurance Rates

Illinois Senator Michael E. Hastings proposes legislation to prohibit insurance cost shifting and ensure premiums reflect local risks, enhancing fairness and transparency in insurance rates.

Illinois Financial Report Highlights Policy Challenges and Population Decline

Analysis of Illinois' latest financial report reveals policy challenges in education, crime response, and demographic decline affecting state influence and governance.

Illinois Launches Campaign to Address Discriminatory Auto Insurance Pricing

Illinois Secretary of State launches 'Driving Change' campaign targeting socioeconomic biases in auto insurance rates. Legislation seeks to enhance transparency and rate review.

State Farm Raises Illinois Home Insurance Rates by 27% Amid Weather-Related Losses

State Farm increases Illinois home insurance rates by 27%, citing severe weather losses and inflation; Governor pushes for regulatory reform.

New ACA Rule Could Affect 14,000 Illinois Residents' Health Insurance

A new Affordable Care Act rule may cause 14,000 Illinois residents to lose health insurance, raising concerns about regulatory impact and insurance market stability.

Illinois Governor Challenges State Farm Homeowners Insurance Rate Hikes

Illinois Governor JB Pritzker challenges State Farm's homeowners insurance rate hikes, citing inconsistent catastrophe loss data and calls for regulatory and legislative actions to protect consumers.

Illinois Bill Seeks to Prohibit Life Insurance Denials Based on Criminal Records

Illinois proposes legislation to prevent life insurers from denying coverage based on criminal history, advancing inclusive underwriting reforms.

Illinois Shifts Health Insurance Enrollment; Tax Credit Changes Loom

Illinois will switch healthcare enrollment to a state-based exchange this fall, with tax credit reductions and Medicare Advantage plan changes impacting consumers and carriers alike.

Illinois Committee Advances Bill to Ban Life Insurance Discrimination Based on Felony History

Illinois Senate insurance committee advances bill to prevent life insurance discrimination against individuals with felony convictions, promoting equitable insurance access.

Illinois Proposes Ending Health Benefits for Immigrant Adults Amid Budget Constraints

Illinois may end the Health Benefits for Immigrant Adults program due to budget constraints, affecting 32,000 noncitizens' healthcare coverage. The move raises fiscal and healthcare access concerns within immigrant communities.