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Illinois officials push for insurance reforms after State Farm raised homeowners' premiums by 27.2%.
Illinois Governor JB Pritzker and Secretary of State Alexi Giannoulias are pushing for new regulations on insurance companies following a 27.2% increase in homeowners' insurance premiums by State Farm, raising the average cost to $2,175 annually.
Pritzker seeks legislative action to prevent excessive rate hikes, while Giannoulias aims to eliminate discriminatory factors like credit scores and age in setting auto insurance rates.
The efforts seek to protect consumers and promote fair competition.
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Los funcionarios de Illinois presionan por reformas de seguros después de que State Farm elevara las primas de los propietarios de viviendas en un 27,2%.