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Top Midwest Region Insurance Journal Stories of 2025
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Trade Publication Article
Top Midwest Region Insurance Journal Stories of 2025
2025
Overview
Midwest readers also paid close attention to State Farm's decision to implement rate increases in Illinois, and the state's insurance department's unsuccessful efforts at getting the carrier to share insurance data. State Farm Implements 27% Rate Increase for Illinois Homeowners State Farm announced in July that it would begin State Farm implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate increases went into effect in July for new business and in August renewals.
Publisher
Wells Media Group, Inc
Subject
