Insurance industry opposes regulation, blames inflation, climate change for rate hikes
By Peter Hancock SPRINGFIELD, Ill. – In testimony during a virtual meeting Wednesday of the Senate Insurance Committee, officials pushed back against criticisms by Gov. JB Pritzker and legislative leaders who said the hikes raise suspicions that Illinois homeowners are being charged extra to help cover insurance losses caused by wildfires, hurricanes and other natural disasters elsewhere […]
Insurance industry opposes regulation, blames inflation, climate change for rate hikes Read More »