Allstate raising home insurance rates in Illinois

CHICAGO (WLS) -- Allstate is raising home insurance rates in Illinois.

The company says rates will increase by more than 8 percent come Feb. 24.

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Allstate is blaming severe weather events.

Earlier this year, State Farm raised homeowner policy costs by 27 percent, also blaming weather.

Illinois Attorney General Kwame Raoul filed a lawsuit, urging State Farm to turn over home insurance data.

The Illinois House rejected a bill in November that would have given the state Department of Insurance authority to regulate homeowners' insurance rates.

Illinois is the only state in the nation without a law prohibiting excessive, inadequate or discriminatory insurance premiums, and the only state without the authority to review insurance rates for either homeowners' or auto insurance.

Capitol News Illinois contributed to this report.