Bill Status of HB 4012   94th General Assembly

Short Description:  INS-PROP AND CASUAL RATING

House Sponsors
Rep. Eddie Washington

Last Action  View All Actions

DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/Art. XXIX heading
215 ILCS 5/454from Ch. 73, par. 1065.1
215 ILCS 5/455from Ch. 73, par. 1065.2
215 ILCS 5/456from Ch. 73, par. 1065.3
215 ILCS 5/457from Ch. 73, par. 1065.4
215 ILCS 5/458from Ch. 73, par. 1065.5
215 ILCS 5/460from Ch. 73, par. 1065.7
215 ILCS 5/462from Ch. 73, par. 1065.9
215 ILCS 5/463from Ch. 73, par. 1065.10
215 ILCS 5/465from Ch. 73, par. 1065.12
215 ILCS 5/466from Ch. 73, par. 1065.13
215 ILCS 5/467from Ch. 73, par. 1065.14
215 ILCS 5/468from Ch. 73, par. 1065.15
215 ILCS 5/469from Ch. 73, par. 1065.16
215 ILCS 5/470from Ch. 73, par. 1065.17
215 ILCS 5/471from Ch. 73, par. 1065.18
215 ILCS 5/459 rep.
215 ILCS 5/461 rep.

Synopsis As Introduced
Amends the Illinois Insurance Code. Abolishes authority for rating organizations. Requires insurance companies to file their own rates with the Department of Financial and Professional Regulation. Prohibits rate changes exceeding 15% without adequate justification and establishes criteria for justification. Expands the scope of rate regulation under Article XXIX to include all property and casualty insurance. Effective immediately.

Actions 
DateChamber Action
  2/28/2005HouseFiled with the Clerk by Rep. Eddie Washington
  2/28/2005HouseFirst Reading
  2/28/2005HouseReferred to Rules Committee
  3/1/2005HouseAssigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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