Bill to Regulate Illinois Homeowners’ Insurance Rates Fails on Final Day of Veto Session

Illinois House rejects home insurance bill GOP says would raise rates

(The Center Square) – Illinois Republicans say a state Senate proposal to regulate homeowners insurance rates failed to address the reasons for higher premiums.

Homeowners navigate insurance challenges with support from Crusader

A leak in the attic and a soaring insurance premium seemed like a recipe for disaster, but for one family, a surprising turn of events brought unexpected relief.

Bill to regulate homeowners’ insurance rates fails on final day of veto session – Capitol News IL

Sen. Michael Hastings, the chief sponsor of the insurance bill, plans to reintroduce the bill in the 2026 session. He attributed its defeat in the veto session to last-minute lobbying by the insurance industry. “The insurance industry, you want to talk about one of the strongest lobbying arms at the Capitol,” he said. “Ninety-nine percent of that piece of legislation was agreed upon.”

Bill to regulate Illinois homeowners’ insurance rates fails on final day of veto session

Gov. JB Pritzker had called for the legislation in July after State Farm Insurance announced it was raising rates for property and casualty insurance in Illinois an average 27.2%.

Capitol News Illinois | Bill to regulate homeowners’ insurance rates fails on final day of veto session

A bill that failed in the House would have given state insurance regulators authority to review and approve rates charged for homeowners’ insurance. Gov. J.B. Pritzker called for the legislation following State Farm’s announcement in July of a 27.2% rate…

Bill to regulate homeowners’ insurance rates fails on final day of veto session - Mahomet Daily

by Peter Hancock, Capitol News Illinois November 3, 2025 Article Summary A bill that failed on the House floor last week would have given state insurance regulators authority to review and approve rates charged for homeowners’ insurance in Illinois. JB Pritzker and legislative leaders called for the legislation following State Farm’s announcement in July of a 27.2% rate hike. They suggested the company was shifting the cost of weather-related …