State Farm faces backlash over $523 million insurance rate hike in Illinois

Washington Examiner on MSN.com

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Summary

State Farms plan to raise homeowners insurance rates by more than half a billion dollars in Illinois has reignited calls from consumer advocates to overhaul how the state oversees insurance rates. Home insurance rates are on the rise in Illinois due to rising home replacement costs and more frequent severe weather

Source: Washington Examiner on MSN.com

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