Article Summary
The House gave final passage Wednesday to bills giving the Illinois Department of Insurance authority to review and approve rates for homeowners and automobile insurance.
Both bills prohibit companies from charging “excessive, inadequate, or unfairly discriminatory” rates and prohibit them from shifting the...
Article Summary
The House gave final passage Wednesday to bills giving the Illinois Department of Insurance authority to review and approve rates for homeowners and automobile insurance.
Both bills prohibit companies from charging “excessive, inadequate, or unfairly discriminatory” rates and prohibit them from shifting the...
Gov. Kathy Hochul has signed a package of reforms in the new state budget that will provide relief to New Yorkers with lower car insurance premiums.
Hochul announced the reforms, part of the FY27 enacted budget, May 27. The changes are meant to “battle...
Legislation spearheaded by Illinois Secretary of State Alexi Giannoulias to address unfair and discriminatory auto insurance practices has passed the Illinois Senate. Senate Bill 714, part of Giannoulias’ broader Driving Change initiative, aims to tackle rising and increasingly unaffordable auto insurance costs across...
