trending Market Intelligence /marketintelligence/en/news-insights/trending/CF8BwcG8u_G1CTf2xpAzww2 content esgSubNav
In This List

State Farm raises Illinois auto rates by 5.8% average

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Investment Research Brokers Ramp up Cryptocurrency Coverage

Blog

COVID-19 Impact & Recovery: Financial Industry Outlook for H2 2021


State Farm raises Illinois auto rates by 5.8% average

State Farm Mutual Automobile Insurance Co. hiked auto rates in Illinois by an average of 5.8% effective Oct. 31, according to Crain's Chicago Business.

The rate increase represents the company's largest in 14 years, the news outlet said.

State Farm and its competitors have recently experienced higher losses from physical auto damage relative to expenses.