Rate hike prompts calls for action Hike Legislators pressured after State Farm’s 27.2% increase for Illinois homeowners

JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates after State Farm announced it was hiking homeowners insurance by 27.2% beginning this month, citing rising costs due to extreme weather events and pricier repairs. “Enact a legislative solution during the veto session that prevents insurance companies…