The increase affects nearly 1.5 million State Farm customers and comes alongside a newly implemented 1 percent minimum deductible.

A 27.2% hike by State Farm is sparking outrage in Illinois. Lawmakers say it’s time to regulate, but industry groups warn of ...

A 27.2% hike by State Farm is sparking outrage in Illinois. Lawmakers say it’s time to regulate but industry groups warn of ...

Illinois is the only state where the state government does not have any ability to prevent indiscriminate rate hikes. Special interests in Springfield have lobbied for years to keep it this way.

Just weeks after Gov. JB Pritzker called for action following State Farm’s 27.2% rate hike for homeowners insurance, some ...

Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is ...

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." ...

The increase will affect 1.5 million customers in Illinois, where State Farm is the largest home insurer. The company cites ...

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 ...

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 ...

“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 ...