SPRINGFIELD— Today, Governor JB Pritzker issued the following statement following the passage of SB714 and HB4273 to protect homeowners and drivers from unfair insurance hikes:
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"Today, the Illinois General Assembly passed SB714 and HB4273, an important step in our efforts to make insurance markets in Illinois more transparent and equitable for consumers. Too many families have dealt with unexplained, unfair insurance price hikes on their homes and cars, so this legislation helps protect consumers while maintaining the core principles the Illinois business community is built on.
"Addressing affordability has been at the top of the agenda this legislative session, and these bills reflect my shared commitment with the General Assembly to support working families. I want to thank Sen. Hastings and Rep. Jones for their continued advocacy and work on passing these bills, and I look forward to signing these commonsense protections into law."
