Bill Status of SB 484   95th General Assembly

Short Description:  INSCODE-NOTICE

Senate Sponsors
Sen. William R. Haine, Todd Sieben and Bill Brady

House Sponsors
(Rep. Frank J. Mautino-JoAnn D. Osmond)


Last Action  View All Actions

DateChamber Action
  8/28/2007SenatePublic Act . . . . . . . . . 95-0533

Statutes Amended In Order of Appearance
215 ILCS 5/143.17afrom Ch. 73, par. 755.17a

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that if an insurer fails to provide the notice required by this provision regarding terms, conditions, and premium between 30 and 60 days in advance of the expiration date on the policy declaration page, the current expiration date must be extended with no changes to allow 60 days notice of an increase in the premium of 30% or more (now, the company must extend the current policy under the same terms, conditions, and premium to allow 60 days notice of renewal and provide the actual renewal premium quotation and any change in coverage or deductible on the policy). Provides that if any insurer fails to provide at least 30 days notice prior to the expiration date on the policy declaration page, the insurer may not change any terms, conditions, or increase the premium by 30% or more for one full year of the renewal policy term. Also provides that if the policy is not mailed to the insured or the insured's agent prior to the renewal effective date, the policy must be renewed at the expiring policy's terms, conditions, and premium for the entire year of the renewal policy (now, should a company fail to comply with the non-renewal notice requirements, the policy shall be extended for an additional year or until the effective date of any similar insurance procured by the insured, whichever is less, on the same terms and conditions as the policy sought to be terminated, unless the insurer has manifested its intention to renew at a different premium that represents an increase not exceeding 30%). Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
215 ILCS 5/143.17afrom Ch. 73 par. 755.17a
Adds reference to:
215 ILCS 125/1-1from Ch. 111 1/2, par. 1401

Replaces everything after the enacting clause. Amends the Health Maintenance Organization Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 2
Deletes reference to:
215 ILCS 125/1-1from Ch. 111 1/2, par. 1401
Adds reference to:
215 ILCS 5/143.17afrom Ch. 73, par. 755.17a

Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that an insurance company intending to nonrenew any policy of insurance must mail written notice to the named insured at least 60 days prior to the expiration date of the current policy. Provides that in all notices of intention not to renew any policy of insurance, the company shall provide a specific explanation of the reasons for nonrenewal. Provides that a company may not extend the current policy period for purposes of providing notice of its intention not to renew required under the provision. Provides that a company intending to renew any policy of insurance with an increase in premium of 30% or more or with changes in deductibles or coverage that materially alter the policy must mail or deliver to the named insured written notice of such increase or change in deductible or coverage at least 60 days prior to the renewal or anniversary date. Provides that if a company has failed to provide notice of intention to renew required under the provision at least 60 days prior to the renewal or anniversary date, but does so no less than 31 days prior to the renewal or anniversary date, the company may extend the current policy at the current terms and conditions for the period of time needed to equal the 60 day time period required to provide notice of intention to renew by the provision. Provides that renewal of a policy does not constitute a waiver or estoppel with respect to grounds for cancellation that existed before the effective date of such renewal. Provides that the named insured's producer, if known, or the producer of record and the mortgagee or lien holder may opt to accept notification electronically. Makes other changes.

Actions 
DateChamber Action
  2/8/2007SenateFiled with Secretary by Sen. Todd Sieben
  2/8/2007SenateFirst Reading
  2/8/2007SenateReferred to Rules
  2/21/2007SenateAssigned to Insurance
  3/8/2007SenatePostponed - Insurance
  3/12/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Todd Sieben
  3/12/2007SenateSenate Committee Amendment No. 1 Referred to Rules
  3/14/2007SenateSenate Committee Amendment No. 1 Rules Refers to Insurance
  3/14/2007SenateSenate Committee Amendment No. 1 Adopted
  3/15/2007SenateDo Pass as Amended Insurance; 010-000-000
  3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007
  3/29/2007SenateSecond Reading
  3/29/2007SenatePlaced on Calendar Order of 3rd Reading March 30, 2007
  3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007
  4/24/2007SenateChief Sponsor Changed to Sen. William R. Haine
  4/24/2007SenateAdded as Co-Sponsor Sen. Todd Sieben
  4/24/2007SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. William R. Haine
  4/24/2007SenateSenate Floor Amendment No. 2 Referred to Rules
  4/25/2007SenateSenate Floor Amendment No. 2 Rules Refers to Insurance
  4/25/2007SenateAdded as Co-Sponsor Sen. Bill Brady
  4/26/2007SenateSenate Floor Amendment No. 2 Recommend Do Adopt Insurance; 008-000-000
  5/8/2007SenateRecalled to Second Reading
  5/8/2007SenateSenate Floor Amendment No. 2 Adopted; Haine
  5/8/2007SenatePlaced on Calendar Order of 3rd Reading
  5/8/2007SenateThird Reading - Passed; 054-000-001
  5/8/2007HouseArrived in House
  5/8/2007HousePlaced on Calendar Order of First Reading
  5/17/2007HouseChief House Sponsor Rep. Frank J. Mautino
  5/17/2007HouseFirst Reading
  5/17/2007HouseReferred to Rules Committee
  5/24/2007HouseAssigned to Insurance Committee
  5/25/2007HouseFinal Action Deadline Extended-9(b) May 31, 2007
  5/31/2007HouseMotion to Suspend Rule 25 - Prevailed
  5/31/2007HouseDo Pass / Short Debate Insurance Committee; 011-000-000
  5/31/2007HousePlaced on Calendar 2nd Reading - Short Debate
  5/31/2007HouseAdded Alternate Chief Co-Sponsor Rep. JoAnn D. Osmond
  5/31/2007HouseSecond Reading - Short Debate
  5/31/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/31/2007HouseFinal Action Deadline Extended-9(b) June 8, 2007
  6/1/2007HouseThird Reading - Short Debate - Passed 110-000-000
  6/1/2007SenatePassed Both Houses
  6/29/2007SenateSent to the Governor
  8/28/2007SenateGovernor Approved
  8/28/2007SenateEffective Date June 1, 2008
  8/28/2007SenatePublic Act . . . . . . . . . 95-0533

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