News
State Farm to issue $5 billion in auto insurance dividends — or about $100 per car
6+ hour, 24+ min ago (538+ words) Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers." State Farm will issue $5 billion in auto insurance dividends to its customers this summer, with a one-time payment of…...
State lawmakers, officials seek input into how auto insurance rates are set
6+ mon, 3+ week ago (1260+ words) Just weeks after Gov. JB Pritzker called for action following State Farm's 27.2% rate hike for homeowners insurance, some state lawmakers and officials said they are renewing efforts to address the steady rise in auto insurance rates. Curbing the cost of…...
Daywatch: How auto insurance rates are set
6+ mon, 3+ week ago (599+ words) Just weeks after Gov. JB Pritzker called for action following State Farm's 27.2% rate hike for homeowners insurance, some state lawmakers and officials said they are renewing efforts to address the steady rise in auto insurance rates. Curbing the cost of…...
Alexi Giannoulias: Illinoisans shouldn’t pay more for car insurance based on their ZIP code and credit score
9+ mon, 5+ day ago (665+ words) Why do driving records not matter, but your ZIP code and credit score do, when it comes to auto insurance rates in Illinois? Here's an appalling fact: The cost of your car insurance in Illinois isn't based on your driving…...