Illinois General Assembly - Bill Status for SB 1495

Amends the Public Adjuster Article of the Illinois Insurance Code. Provides that the Director of Insurance, upon finding that an applicant for a public adjuster license was previously convicted of any felony or a misdemeanor involving dishonesty or fraud (rather than a felony or misdemeanor involving dishonesty or fraud), shall consider any mitigating factors and evidence of rehabilitation contained in the applicant's record to determine if a license may be denied. Provides that the Director may place on probation, suspend, revoke, deny, or refuse to issue or renew a public adjuster's license or may levy a civil penalty for having been convicted of any felony or a misdemeanor involving dishonesty or fraud (rather than a felony or misdemeanor involving dishonesty or fraud), and failing to comply with specified provisions concerning associated contractors. Provides that an applicant's surety bond or irrevocable letter of credit shall be in the minimum amount of $50,000 (rather than $20,000). Provides that public adjusters shall ensure that all contracts for their services contain an email address and a scope of damages. Sets forth language required to be contained in a written disclosure provided to the insured. Provides that a public adjuster may provide emergency services before a written contract with the insured has been executed. Sets forth provisions concerning associated contractors. Makes other changes. Repeals the Fire Damage Representation Agreement Act.

Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that a public adjuster shall provide the insurer or its authorized representative for receiving notice of loss or damage with an exact copy of the contract with the insured by email within 2 business days after execution of the contract (rather than by email after execution of the contract). Provides that a contract shall be voidable for 5 business days after the copy has been received by the insurer (rather than for 5 business days after execution). In provisions concerning standards of conduct of public adjusters, provides that a public adjuster shall not act in the place and instead of the insured.

Replaces everything after the enacting clause. Reinserts the provisions of the amended bill with the following changes. Further amends the Illinois Insurance Code. Provides that all contracts entered into that are in violation of provisions concerning public adjuster licensure and provisions concerning a contract between a public adjuster and an insured are void and invalid. In provisions concerning public adjuster fees, provides that if the loss giving rise to the claim for which the public adjuster was retained arises from damage to property that is anything but a personal residence, a public adjuster may not charge, agree to, or accept any compensation, payment, commission, fee, or other valuable consideration in excess of 10% of the amount of the insurance settlement claim paid by the insurer on any claim resulting from a catastrophic event, unless approved in writing by the Director of Insurance. Provides that if the loss giving rise to the claim for which the public adjuster was retained arises from damage to a personal residence, a public adjuster may not charge, agree to, or accept any compensation, payment, commissions, fee, or other valuable consideration in excess of 10% of the amount of the insurance settlement claim paid by the insurer on any claim. Provides that a public adjuster shall provide the insurer or its authorized representative for receiving notice of loss or damage with an exact copy of the contract with the insured by email no later than 5 business days after execution of the contract (rather than by email after execution of the contract). Removes language providing that a public adjuster shall not act in the place and instead of the insured. Removes provisions concerning associated contractors, scope of damages, and written disclosures. Makes other changes.

Date	Chamber	Action
6/30/2023	Senate	Public Act . . . . . . . . . 103-0216

Date	Chamber	Action
2/7/2023	Senate	Filed with Secretary by Sen. Napoleon Harris, III
2/7/2023	Senate	First Reading
2/7/2023	Senate	Referred to Assignments
2/14/2023	Senate	Assigned to Insurance
3/3/2023	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Napoleon Harris, III
3/3/2023	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/7/2023	Senate	Senate Committee Amendment No. 1 Assignments Refers to Insurance
3/7/2023	Senate	Senate Committee Amendment No. 1 Adopted; Insurance
3/8/2023	Senate	Do Pass as Amended Insurance; 010-000-000
3/8/2023	Senate	Placed on Calendar Order of 2nd Reading March 9, 2023
3/24/2023	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Napoleon Harris, III
3/24/2023	Senate	Senate Floor Amendment No. 2 Referred to Assignments
3/28/2023	Senate	Second Reading
3/28/2023	Senate	Placed on Calendar Order of 3rd Reading March 29, 2023
3/28/2023	Senate	Senate Floor Amendment No. 2 Assignments Refers to Insurance
3/29/2023	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Insurance; 009-000-000
3/29/2023	Senate	Recalled to Second Reading
3/29/2023	Senate	Senate Floor Amendment No. 2 Adopted; Harris
3/29/2023	Senate	Placed on Calendar Order of 3rd Reading
3/29/2023	Senate	Third Reading - Passed; 057-000-000
3/30/2023	House	Arrived in House
3/30/2023	House	Chief House Sponsor Rep. Thaddeus Jones
3/30/2023	House	First Reading
3/30/2023	House	Referred to Rules Committee
4/18/2023	House	Assigned to Insurance Committee
4/21/2023	House	Added Alternate Chief Co-Sponsor Rep. Bob Morgan
4/25/2023	House	Do Pass / Short Debate Insurance Committee; 015-000-000
4/26/2023	House	Placed on Calendar 2nd Reading - Short Debate
5/3/2023	House	Second Reading - Short Debate
5/3/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/11/2023	House	Third Reading - Short Debate - Passed 113-000-000
5/11/2023	Senate	Passed Both Houses
6/9/2023	Senate	Sent to the Governor
6/30/2023	Senate	Governor Approved
6/30/2023	Senate	Effective Date January 1, 2024
6/30/2023	Senate	Public Act . . . . . . . . . 103-0216

	Deletes reference to:
	215 ILCS 5/1586 new

	Adds reference to:
	215 ILCS 5/1515