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Car insurance rate hikes in Illinois are on the rise, consumer advocates want statewide oversight

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Car insurance rate hikes in Illinois are on the rise, consumer advocates  want statewide oversight


CHICAGO (WLS) — Car insurance rates are on the rise as consumers continue to battle inflation, but state policies may change to protect drivers from extreme rate hikes.

Illinois is one of only two states without oversight when it comes to auto insurance rates. The industry said the system works, but some state lawmakers and advocacy groups want that to change.

Jaqueszian Dukes’ car insurance bill surged by $900 this year, even though nothing about her coverage had changed.

“Insurance is mandatory,” she said. “You are trying to get to work and then you are dealing with these prices.”

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The I-Team contacted Dukes’ provider, Founders Insurance, asking why her rate jumped. The company did not get back to us.

According to an auto insurance report by the consumer watchdog group Illinois PIRG and the Consumer Federation of America New analysis, Illinois car insurance rates hiked by more than $500 million halfway through 2023.

Dukes isn’t the only one facing a rate hike. The analysis found that the average Illinois car insurance rate increased by 18% in 2022. Only one other state saw a bigger jump.

Abe Scarr with Illinois PIRG says that there are some legitimate reasons rates have increased; like the cost of replacing cars and their parts, but says, “What we’re worried about is that here in Illinois, unlike just about any other state, we have no regulator who is looking at these rate filings to see if they may be excessive or unfair.”

So PIRG and the Consumer Federation of America are backing proposed state legislation that would have the Illinois Department of Insurance oversee auto insurance rates and be able to reject or modify what they feel are excessive hikes. It would also end the practice of allowing non-driving factors, such as education level, gender and credit scores, to set rates.

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“What we saw with the pandemic was, the risk of driving went down but premiums didn’t go down in proportion. They did eventually give some rebates, but still almost a $900 million windfall went to the insurance companies,” Scarr said.

The I-Team reached out to insurance expert Lynne McChrisian, Director of Risk Management and Insurance Research at the University of Illinois, to speak for the auto industry about government oversight.

“It won’t change the cost of insurance and I think that’s the piece that’s missing. It might make insurance cost more because implementing that new system is going to come with costs. And it works right now with what we have,” McChrisian said. “The fact that insurance in Illinois is affordable, and in the middle of the pack based on up there states is evidence that the system is working and the fact that we have more insurance companies here than a lot of other states can shows you that the competition that’s available does work to the consumers benefit.”

Dukes said oversight couldn’t hurt. She recently shopped around and got auto insurance through her home insurance provider for a better deal.

“I bundled it so I’m saving money, best decision I ever made,” she said.

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If you’re looking to lower your auto insurance rates, there are steps that you can take like asking for a higher deductible, reducing coverage on older cars, and paying your full bill instead of making installments.

Insurance Information Institute: Nine ways to lower your auto insurance costs



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Illinois

Numerous Big Lots stores appear to shift course on closing, including Illinois and Indiana locations: report

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Numerous Big Lots stores appear to shift course on closing, including Illinois and Indiana locations: report


After reports emerged earlier this year that Big Lots would be shuttering hundreds of stores nationwide, several of the chain’s locations have appeared to change course on closing, including stores in Illinois and Indiana.

According to The Hill, the chain announced plans to close 19 more locations while several locations appeared to backtrack on previously announced closures.

The report stated that banners on the web pages of numerous stores, including locations in New Albany, Indiana, and Franklin Park, Illinois, changed from “closing” to “share your big ideas!”

The apparent shift away from closure was seen on the web pages of Big Lots stores in 17 different states.

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In addition to the banner changes for the New Albany and Franklin Park locations, stores slated to close in Round Lake Beach, Country Club Hills and Champaign have remained open.

Stores in Burbank, Calumet City, Crest Hill, Elgin, Fairview Heights, Lockport, Niles and Oakbrook Terrace have already closed.

According to the company’s website, 20 Big Lots stores in Illinois remain open.



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Illinois winter road conditions: Slippery roads, reduced visibility expected as snow moves in

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Illinois winter road conditions: Slippery roads, reduced visibility expected as snow moves in


Chicago-area roads were expected to get slick and slippery and travel impacts were likely for the Thursday morning commute as a winter weather advisory with bursts of “wind-whipped” snow moved into the region.

According to the NBC 5 Storm Team, all of Northeastern Illinois is expected to see waves of snow showers Thursday morning, beginning around 7 a.m., with two to four inches of accumulation possible. Slushy snow totals were expected to partially melt as temperatures rise above freezing, the NBC 5 Strom Team said.

Chicago weather radar: Track heavy ‘bursts’ of snow ahead of morning commute

Accompanying the snow will be wind chills in the teens and 20s, with gusts as high as 40 or 50 miles-per-hour at times. According to the National Weather Service, a wind advisory will go into effect at 10 a.m. for the entire area.

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According to the NWS, sharply reduced visibility was expected for the morning commute, with accumulating snowfall “likely” to impact travel. Highest snowfall rates were expected to start around 8 a.m., the NWS said, lasting through Tuesday afternoon.

The heaviest snow was expected to fall first close to the Illinois-Wisconsin border as a band of heavy snow started to creep down from Green Bay.

As of 6 a.m., crashes and slide-offs were already reported in some parts. In Crown Point Indiana, two separate semi rollovers were reported on I-65, Sgt. Glen Fifield said. One of the crashes involved two semis and two cars, Fifield said, with some southbound lanes blocked.

In the northbound lanes, left lanes were blocked for a fuel tank spill after a trailer with 30,000 pounds of paper rolls overturned.

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“This is going to be an extensive cleanup,” Fifield said.

Track Illinois winter road conditions

As of 6:30 a.m., Illinois Department of Transportation’s Illinois winter road conditions map showed areas of blowing snow or ice in counties to the west.

As the morning goes on, travel was expected to become more hazardous, with a winter weather advisory set to go into effect at 7 a.m.





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Illinois Basketball Coach Brad Underwood On Alabama Freshman ‘That’s a Bad Boy Right There’

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Illinois Basketball Coach Brad Underwood On Alabama Freshman ‘That’s a Bad Boy Right There’


BIRMINGHAM, Ala. — The No. 8 Alabama basketball program got back on track on Wednesday defeating the No. 25 Illinois Fighting Illini 100-87. The Crimson Tide program is still in the process of getting to know its personnel as Alabama welcomed eight new scholarship players for the 2024-25 season.

The Crimson Tide faithful knew it had a lot to be excited about with the talented players returning and a highly rated recruiting class that included two McDonalds All-Americans in Derrion Reid and Aiden Sherrell, however, the biggest surprise may be one of the team’s best players in freshman guard LaBaron Philon.

The freshman guard from Baker High School by way of Link Academy in Missouri logged his fourth college game with double digit scoring as he tied for third on the team in points against Illinois with 16. Additionally he chipped in nine assists with seven rebounds, two steals and a block.

“Philon showed why he’s a pro and moving up everybody’s draft board. That’s a bad boy right there,” Illinois head coach Brad Underwood said.”

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Has the Alabama product surprised Oats in his ability to assimilate to the college game so quickly?

“Go back to last spring when he opened his recruitment up and we took him. Yes, I’m surprised from then, but if you’d have asked me after the summer after watching what he did in June, July, August. He came in an established himself as one of the best guards in the program right out of the gate in the month of June.” Oats said.

“I think he came in and competed. He had the right mindset coming in. When he opened up his recruitment he made the point, ‘If I’m not going to play much, because Kansas took a lot of transfer guards, that’s where he’d signed. ‘If i’m not going to play much I’d rather be home in Alabama at Alabama, if I’m not going to play much’. I just said ‘Look, just come in and work hard and we’ll see what you can earn’. So he kind of just came in expecting nothing, had to earn everything. When you feel like you’ve got to earn everything, that’s when I feel like you starting playing your best. That’s why we don’t ever promise anybody minutes, starting spots, really anything around here. I think you make everybody come in and earn it. All of the sudden you get guys like Labaron that blossom”

Oats said in his Tuesday press conference he’s already hearing from NBA scouts about his freshman sensation. Philon is third on the team in scoring through five games and added a hard hat award for his efforts against the Fighting Illini. He credited preparation and a calm mindset for his quick start tot the current year.

“Really just being in the moment. As a young guy you probably get nervous or a lot of butterflies. I just try to stay calm in every moment and confident. Once you get in the gym, once you get on the court it’s all confidence then.”

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