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Daywatch: Legislators consider action after State Farm rate hike

Summary by Chicago Tribune
Good morning, Chicago. Gov. 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 from taking advantage of consumers through severe and unnecessary…

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Chicago Tribune broke the news in Chicago, United States on Monday, July 21, 2025.
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