CHICAGO (WLS) -- Allstate is raising home insurance rates in Illinois. The company says rates will increase by more than 8 percent come Feb. 24. Allstate is blaming severe weather events.

Allstate plans an 8.8% home insurance rate hike in Illinois, impacting over 209,000 policyholders from February 24, 2026.

This increase follows a previous 14.3% filing in January and is attributed by the insurer to severe weather events and higher ...

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Increases ranging from 0.9% to 8.8% are necessary to maintain the insurer's past level of operating profit, according to its ...