State Farm defends hefty 27.2% hike in Illinois homeowners insurance rates

chicagotribune.com/2025/07/14/state-farm-defends-illinois-homeowners-rate-increase

Challenged by everyone from consumer groups to Gov. JB Pritzker over its imminent 27.2% homeowners insurance rate increase in Illinois, State Farm faces the question: Will it seek to defend its widely criticized decision?
The answer: hail yes.
Citing more frequent extreme weather events…

This story appeared on chicagotribune.com, 2025-07-14 21:07:00.
The Entire Business World on a Single Page. Free to Use →