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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 ...
State Farm, the largest insurance and financial services company in the U.S., is set to increase home insurance rates by 27% ...
State Farm is planning a major rate hike for Illinois home insurance starting in August. The insurance company is raising its home insurance rates by 27% on average, the company confirmed in an ...
Gov. JB Pritzker and Democratic legislative leaders are upset home-state insurer State Farm is hiking its rates more than 27% ...
A 27.2% hike by State Farm is sparking outrage in Illinois. Lawmakers say it’s time to regulate but industry groups warn of ...
State Farm plans to raise home insurance rates by an average of 27.2% for Illinois customers, drawing the attention of Gov. JB Pritzker, who blasted the latest hike as "unfair and arbitrary." ...
A 27.2% hike by State Farm is sparking outrage in Illinois. Lawmakers say it’s time to regulate, but industry groups warn of ...
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 month ...
“I am deeply concerned by State Farm’s unfair and arbitrary insurance rate hike on Illinois homeowners,” Pritzker said. “These increases are predicated on catastrophe loss numbers that are ...
State Farm to hike Illinois home insurance rates by 27% in August ...
The Bloomington-based insurance company said for every $1 received by policyholders in Illinois in 2024, State Farm paid out $1.26. In 2023, the number sat at $1.30, a loss rate the company called ...