The IDOI states the reporting requirement applies to every company authorized to do business in Illinois including insurance ...
A proposed Illinois bill requiring prior approval for insurance rate hikes could shrink the market, drive insurers out and reduce competition, writes Lynne McChristian.
House Bill 3799 would authorize the Illinois Department of Insurance to review rate filings and reject those deemed excessive, inadequate or unfairly discriminatory. The measure would also permit the ...
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