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 and asking insurers to explain how rates are determined.
HATE CRIME DEATH: The Plainfield man convicted of killing a Palestinian American boy in an October 2023 hate crime has died in the state prison system just weeks after his sentencing, WGN reported July 26.
MEDIA LITERACY: A survey of Illinois educators reveals a significant disparity in how they interpret a three-year-old state law's requirement to teach high school students a "unit of instruction" on media literacy.
HATE CRIME CHARGES: Felony hate crime charges have been filed against a 38-year-old man who allegedly spray painted three buildings in Chicago'sLittle Village with swastikas and "ICE rules" graffiti last month, police announced Monday.
CHICAGO HOUSING: In a move to stimulate housing construction, the City of Chicago will no longer require builders to provide parking if the residential project is near Chicago Transit Authority train or bus lines.
RAILROADS: Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S., and potentially trigger a final wave of rail mergers across the country.
Federal Reserve opts against cutting rates
Week in review
Advisor News
- Health-related costs are the greatest threat to retirement security
- Social Security literacy is crucial for advisors
- The $25T market opportunity in mid-market and mass-affluent households
- Advisors must lead the policy risk conversation
- Gen X more anxious than baby boomers about retirement
More Advisor NewsAnnuity News
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
More Annuity NewsHealth/Employee Benefits News
- SENATE COMMITTEE PASSES BIOMARKER TESTING COVERAGE BILL ACS CAN URGES FULL SENATE TO FOLLOW SUIT
- Navigator cuts leave Americans with less help to find Obamacare plans
- Virginia orders rate cuts for 16 Aflac policies
- Virginia insurance regulators order rate cuts for several Aflac policies
- State-run insurance plans for foster kids leave some of them without doctors
More Health/Employee Benefits NewsLife Insurance News
- Virginia orders rate cuts for 16 Aflac policies
- Virginia insurance regulators order rate cuts for several Aflac policies
- Life insurers post modest gains following record 2024, S&P Global finds
- Aflac overcharging Virginians, SCC finds
- Virginia orders rate cuts for Aflac policies
More Life Insurance News