Attorney General Raoul Sues To Force State Farm To Turn Over Homeowners Insurance Data To Illinois Department Of Insurance
CHICAGO – Attorney General Kwame Raoul filed a lawsuit against State Farm Fire and Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, State Farm General Insurance Company, and Oglesby Reinsurance Company (collectively, State Farm) alleging State Farm has refused to comply with a regulatory examination into its nationwide homeowners insurance business. The lawsuit was filed on behalf of Illinois Department of Insurance Director Ann Gillespie following an examination the department launched in 2024. In November 2024, the Illinois Department of Insurance (IDOI) opened an investigation into State Farm’s homeowners insurance policies and premiums. State Farm is the largest homeowners insurer in the country, and its premiums have risen drastically in recent years. “State Farm’s obstruction does not just violate the law. It prevents the Department of Insurance from obtaining information to help make sure all Illinois homeowners are being
stLouIST