· IL legislature · 104th

INSURANCE RATE TRANSPARENCY

Creates the Insurance Rate Transparency Law as an Article of the Illinois Insurance Code. Provides that, beginning January 1, 2026, each insurer offering automobile and homeowners insurance policies in Illinois shall maintain a publicly accessible website displaying a summary of the annual percentage increase or dec…

Sponsor

Mike Hastings (D-IL)

Introduced

2025-01-24

Policy area

Finance and Financial Sector

Latest action

Added as Co-Sponsor Sen. Paul Faraci