Illinois legislators are debating a proposal which would give state government more power over car insurance companies.
State Representative Will Guzzardi has proposed a bill which would force insurance companies to apply for state approval to change rates. Illinois Secretary of State Alexei Giannoulias says the measure would give the Department of Insurance broad authority to regulate rate hikes.
State Representative Jeff Keicher says this idea failed in the state of Washington.
Keicher says companies consider credit, but not income or race when setting rates.
Story from Illinois Radio Network
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