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State Farm Implements 27% Rate Increase for Illinois Homeowners

State Farm Implements 27% Rate Increase for Illinois Homeowners

State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike has drawn the ire of...

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Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’

Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’

Lloyd’s has issued a statement applauding the removal of Section 899 from the Republican’s reconciliation bill, which could have led to substantial additional tax on the US income of non-US-domiciled businesses. UK businesses had...

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