State Farm’s plan to raise homeowners insurance rates by more than half a billion dollars in Illinois has reignited calls from consumer advocates to overhaul how the state oversees insurance rates. “Home insurance rates are on the rise in Illinois due to rising home replacement costs and more frequent severe weather

Many Illinois homeowners will soon see their home insurance rates skyrocket due to the increase in extreme weather events.

State Farm said Friday that Gov. JB Pritzker’s attacks on its 27% homeowners’ insurance rate increase are “factually incorrect” political rhetoric.