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Bill to regulate homeowners’ insurance rates could reemerge this session

Illinois lawmakers are poised to make a second attempt at passing a bill that would give state regulators more authority to control the rising cost of homeowners insurance. Gov. JB Pritzker called for the legislation last summer after Bloomington-based State Farm Insurance announced it was raising premiums in Illinois an average 27.2%, citing years of losses in […]

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The future of affordable housing

One way Illinois is promoting the development of affordable housing is by giving young entrepreneurs a boost. Fifteen up-and-coming affordable housing developers recently completed the second cohort of the Next Generation Capacity Building Initiative, or Next Gen. The program, sponsored by the Illinois Housing Development Authority and the Local Initiatives Support Corporation, is designed to […]

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What’s in store for 2026 homebuyers

The National Association of REALTORS’ economic and real estate summit, held virtually in December, recapped the trends of 2025 and discussed what the coming year has in store for today’s homebuyers. Presenters were NAR’s deputy chief economist Jessica Lautz, who analyzes trends for NAR members and consumers; Nadia Evangelou, NAR’s senior economist and director of […]

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Q&A with Candace Silas

Candace Silas is a Springfield native who has spent her professional career uplifting and empowering others. In September, she was named the new executive director of Habitat for Humanity of Sangamon County. Prior to that, she worked at Lincoln Land Community College, serving as director of the Workforce Empowerment Initiative, the Pipeline for the Advancement […]

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Learn to do business with the state

The Illinois Department of Innovation & Technology (DoIT) Office of Supplier Diversity, in collaboration with the IT Procurement Office (ITPO), has announced the launch of a new webinar series titled “Mastering the State Contracting Game” as part of the Leveraging Diversity in Technology Procurement educational series.  This five-part series is designed to equip current and […]

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HR essentials for business leaders

The Greater Springfield Chamber of Commerce, with presenting sponsor Brown, Hay &Stephens LLP, is offering a HR Essentials for Business Leaders Seminar on Thursday, Feb. 5. The event will take place from 7:30-10:30 a.m. at BRANDT, 2935 S. Koke Mill Road. “Many businesses don’t have a dedicated HR department, but they still face complex employment […]

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Rail consolidation a long time coming 

Construction for Springfield’s Rail Improvement Project began in 2014 with construction of an underpass at Carpenter and 10th streets and the final phase will begin next month.  Over the last decade-plus, new railroad bridges have been constructed at Fifth, Sixth, Ash, Laurel and Cook streets and South Grand Avenue with underpasses constructed at Madison and […]

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Regulations change for disadvantaged businesses

Federal regulations changed in October for all businesses seeking contracts as a Disadvantaged Business Enterprise funded by the Illinois Department of Transportation. Those businesses now need to provide additional documentation – including personal financial information – and must be recertified due to an “interim rule” from the U.S. Department of Transportation. The changes directly affect […]

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