06/01/2026
A new insurance focused bill becomes law July 1st, 2026. Industry groups claim consumers may be faced with higher costs and more limited options due to this legislature that prohibits companies from charging "excessive, inadequate, or unfairly discriminatory rates". https://loom.ly/IJ68oog
JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate premiums charged for automobile and homeowners insurance. "Too many families have dealt with unexplained, unfair insurance price hikes...