A proposed Illinois bill requiring prior approval for insurance rate hikes could shrink the market, drive insurers out and reduce competition, writes Lynne McChristian.
The IDOI states the reporting requirement applies to every company authorized to do business in Illinois including insurance ...
House Bill 3799 would authorize the Illinois Department of Insurance to review rate filings and reject those deemed excessive, inadequate or unfairly discriminatory. The measure would also permit the ...
SPRINGFIELD — Gov. JB Pritzker is asking state lawmakers for more authority to regulate the homeowners insurance market in Illinois. His comments came after the Bloomington-based State Farm Fire and ...
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