INSURASALES

Tag: Illinois

Illinois House Rejects Homeowners Insurance Rate Regulation Bill

Illinois House rejects bill to empower Department of Insurance to regulate homeowners insurance rates amidst rising premiums and regulatory debates.

Illinois House Rejects Bill to Regulate Homeowners Insurance Rates

Illinois lawmakers reject a bill granting the Department of Insurance authority to regulate homeowners insurance rates amid industry concerns and State Farm's significant rate increases.

Illinois AG Sues State Farm Over Refusal to Share Homeowners Insurance Data

Illinois Attorney General sues State Farm for withholding homeowners insurance data from state regulators, emphasizing issues of transparency and compliance in insurance market oversight.

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.