Steve Grzanich has the business news of the day with the Wintrust Business Minute.

State Farm is raising auto insurance rates in Illinois for the third time this year. Crain’s reports the insurer is raising rates 8.4%. That’s the biggest ever one-time hike here in Illinois. State Farm joins other major auto insurers in raising rates.

Also, Carvana can sells cars in Illinois again…for the time being. Listen for more below: