Wednesday, February 11, 2026
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Illinois considers “unprecedented” rate review authority after massive premium spike

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The bill does not establish standards for determining what constitutes a “complete filing,” which could allow the regulator to delay rate requests indefinitely and result in rate inadequacy, the executive noted. He said retroactive refunds would be unlimited and unpredictable, creating confusion and volatility.

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Michael J. Anderson is a U.S.-based fire safety enthusiast and writer who focuses on making fire protection knowledge simple and accessible. With a strong background in researching fire codes, emergency response planning, and safety equipment, he creates content that bridges the gap between technical standards and everyday understanding.

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