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Insurance Regulation Bills Clear General Assembly
The bills would let state regulators review auto and homeowners premiums and could affect how insurers set rates for millions of Illinois policyholders.
Summary by Journal Gazette & Times-Courier
5 Articles
5 Articles
Insurance regulation bills clear General Assembly – Capitol News IL
For Gov. JB Pritzker, the two bills represent a continuation of his push to put greater controls on the Illinois insurance industry. In 2023 and 2024, he successfully pushed legislation giving the Insurance Department authority to review and approve rates for small- and large-group health insurance plans.
Illinois insurance regulation bills head to Pritzker for signature amid debate over rates
The legislation, Senate Bill 714 and House Bill 4273l, would give the Illinois Department of Insurance new authority to review rate increases and block those deemed excessive.
·Rockford, United States
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Total News Sources5
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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