Illinois House rejects home insurance bill GOP says would raise rates – Center Square

House Bill 3799 would require home insurance providers to notify consumers at least 60 days in advance if they raise premiums 10 percent or more. The measure would also give the Illinois Department of Insurance the power to object to rates it finds excessive, inadequate or discriminatory.
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Lana
5 months ago

Illinois, a full bore communist state!

David F
5 months ago

It’s called supply and demand, it always works if the government stays out of it.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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