“There is no enforceability by the state, no consequence to the insurance company, and no accountability to consumers,” Gov. JB Pritzker wrote in his Friday response to CEO Jon Farney. “That’s just not fair.” Pritzker said eight states have regulatory frameworks in place similar to what he’s pushing, and 41 have even more restrictive standards.
It’s interesting that Pritzger ignores the same issues with Com Ed that he has with State Farm. Then again, SF isn’t in the “ green “ club.
Irish Patriot
4 months ago
Few feel sympathy for insurance companies, but JB picking a fight with the country’s largest insurer, who just so happens to be headquartered in our state, is idiotic. There’s no stupider policy decision than to argue in public with the country’s largest insurer headquartered in Bloomington, IL, and can leave with a moments notice. But that’s what people like JB do, they throw around their weight, thinking they are big shots, angering our state’s most important employers, out of pure spite, just because he can. and when they leave the state, and Bloomington turns into the next Decatur, we can… Read more »
It only took 6 years
Speaking of farms. Whats really not fair is an Illinois estate tax exclusion capped at 4 million.
Nice segue. And I agree.
It’s interesting that Pritzger ignores the same issues with Com Ed that he has with State Farm. Then again, SF isn’t in the “ green “ club.
Few feel sympathy for insurance companies, but JB picking a fight with the country’s largest insurer, who just so happens to be headquartered in our state, is idiotic. There’s no stupider policy decision than to argue in public with the country’s largest insurer headquartered in Bloomington, IL, and can leave with a moments notice. But that’s what people like JB do, they throw around their weight, thinking they are big shots, angering our state’s most important employers, out of pure spite, just because he can. and when they leave the state, and Bloomington turns into the next Decatur, we can… Read more »