Report shows Illinois 2nd in nation for sharpest homeowners insurance increases – Center Square

“Here in Illinois, insurers are able to do this without any meaningful scrutiny as Illinois regulators have no authority to reject or modify excessive property or casualty insurance rate hikes,” said Abe Scarr, director of the Illinois Public Interest Research Group.

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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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