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Illinois, State Farm and its home insurance

After State Farm rate hike, Illinois legislators are pressured to provide relief
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,
Illinois Homeowners Face Near-Record Insurance Rate Hike | Insurify
State Farm rolls out 27% increase in July and August, prompting governor to call for legislative intercession.
State Farm hiking Illinois homeowners insurance rates by 27% in August
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 email to CBS News Chicago.
State Farm defends hefty 27.2% hike in Illinois homeowners insurance rates
State Farm is raising homeowners insurance rates in Illinois by a whopping 27.2% beginning Aug. 15, according to a filing with the state last month. The rate hike, one of the largest in the state’s history, will affect nearly 1.5 million policyholders. New policyholders will pay the higher rates as of Tuesday.
Rate hike prompts calls for action Hike Legislators pressured after State Farm’s 27.2% increase for Illinois homeowners
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, citing rising costs due to extreme weather events and pricier repairs.
State Farm hits Illinois homeowners with double-digit rate hikes
Illinois homeowners face an average 27% premium spike as State Farm cites severe weather and rising costs. Governor Pritzker blasts the hike as “un
State Farm raises Illinois rates 27% citing weather-related losses
The increase affects nearly 1.5 million State Farm customers and comes alongside a newly implemented 1 percent minimum deductible.
Daywatch: Legislators consider action after State Farm rate hike
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, citing rising costs due to extreme weather events and pricier repairs.
State Farm asks judge to seal documents justifying rate hike
The cost of homeowners insurance is going up for many Californians, as the state's insurance commissioner allowed State Farm's emergency rate to go up by 17% for homeowner policies. State Farm representatives asked a judge for permission to keep documents that they say justify the rate increases away from the public.
JD Supra1h

Illinois Insights: An update from Cozen O'Connor (7/21)

After State Farm rate hike, legislators are pressured to provide relief. Here’s what could be on the table. - “Gov. JB Pritzker wasted no ...
Daily Herald11d

State Farm plans big insurance hike for Illinois homeowners, citing severe weather

Illinois homeowners are facing a sharp increase in insurance premiums soon, as State Farm implements a hike for both new and ...

State Farm defends Illinois home insurance price hike; Pritzker says its not justified

"In addition to increased premiums, State Farm intends to raise out-of-pocket deductibles and reduce payouts for certain ...
Hoodline9d

Illinois Homeowners Brace for 27% Insurance Rate Hike as State Farm Announces Increases Amid Cost Concerns

State Farm is hiking Illinois home insurance rates by 27%, while auto insurance premiums decrease by an average of 5.7%.
wandtv.com8d

State Farm calls Pritzker's comments on planned insurance hike 'factually incorrect'

“These increases are predicated on catastrophe loss numbers that are entirely inconsistent with the Illinois Department of ...