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Illinois homeowners face an average 27% premium spike as State Farm cites severe weather and rising costs. Governor Pritzker ...
State Farm is defending its 27% rate hike on Illinois homeowner insurance policies, calling Gov. JB Pritzker’s condemnation “factually incorrect.” ...
State Farm is raising home insurance rates in Illinois by 27% due to increased weather-related claims and repair costs.
Illinois Governor JB Pritzker (pictured above) is urging lawmakers to grant new oversight powers to the state’s insurance regulatory body following State Farm ’s decision to implement a 27.2% increase ...
"In addition to increased premiums, State Farm intends to raise out-of-pocket deductibles and reduce payouts for certain claims. In total, these changes will cost Illinois homeowners hundreds of ...
The average homeowner is expected to spend an additional $261 on insurance premiums this year. Climate change and tariffs are are likely to to push up insurance costs, as homes sustain more damage ...
The increase affects nearly 1.5 million State Farm customers and comes alongside a newly implemented 1 percent minimum ...
Rates filed by insurance companies in Illinois reflect the rising cost of claims, which is primarily driven by local natural ...
Abe Scarr, Director of Illinois PIRG & the Illinois PIRG Education Fund, joins Lisa Dent to discuss State Farm raising ...
State Farm is raising homeowners insurance rates in Illinois by a whopping 27.2% beginning Aug. 15, according to a filing ...
State Farm says in 13 of the last 15 years, it paid out more than budgeted to cover damage from severe weather events in ...
“These increases are predicated on catastrophe loss numbers that are entirely inconsistent with the Illinois Department of ...
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