Illinois House lawmakers have passed an insurance bill to regulate rate increases for home and auto insurance. It now goes to the Senate for a final vote. The bill requires that insurance companies disclose rate increases 60 days before they do it, and will allow the Illinois Department of Insurance to deny any rate increase if it finds it exorbitant and order the insurer to rebate customers.

Illinois House lawmakers have passed an insurance bill to regulate rate increases for home and auto insurance. It now goes to the Senate for a final vote.&nbsp;The bill requires that insurance companies disclose rate increases 60 days before they do it, and will allow the Illinois Department of Insurance to deny any rate increase if it finds it exorbitant and order the insurer to rebate customers.

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Sound Ideas is WGLT's signature local news series. Every weekday, WGLT reporters go beyond soundbites for deeper conversations with newsmakers, musicians, artists, and anyone with a story to share. New episodes air throughout the day on WGLT.

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WGLT's Sound Ideas is our flagship news program. Every weekday, WGLT reporters go beyond soundbites for deeper conversations with newsmakers, musicians, artists, and anyone with a story to share. This 30-minute newsmagazine is produced Monday through Friday. You can also subscribe to the Sound Ideas - Full Episodes podcast.

WGLT's Sound Ideas is our flagship news program. Every weekday, WGLT reporters go beyond soundbites for deeper conversations with newsmakers, musicians, artists, and anyone with a story to share. This 30-minute newsmagazine is produced Monday through Friday. You can also subscribe to the Sound Ideas - Full Episodes podcast.

State Rep. Sharon Chung and the insurance industry oppose new rate regulation bill

https://api.omny.fm/orgs/090e86c6-4ab6-4873-b560-afff01256522/clips/ab76df1a-dbc0-4aea-94fd-b42001572243/transcript