Bill Status of SB 872   95th General Assembly

Short Description:  REGULATION-TECH

Senate Sponsors
Sen. William R. Haine-Emil Jones, Jr.

House Sponsors
(Rep. Dan Brady)


Last Action  View All Actions

DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/356hfrom Ch. 73, par. 968h

Synopsis As Introduced
Amends the Illinois Insurance Code. Makes a technical change in a Section relating to coverage of adopted children.

Senate Floor Amendment No. 1
Deletes reference to:
215 ILCS 5/356hfrom Ch. 73, par. 968h
Adds reference to:
215 ILCS 5/136from Ch. 73, par. 748

Deletes everything after the enacting clause. Amends the Illinois Insurance Code. Provides that every property and casualty insurance company doing business in this State, unless otherwise exempted by the Director of Insurance, shall annually submit the opinion of an appointed actuary entitled "Statement of Actuarial Opinion". Provides that the opinion shall be filed in accordance with the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions. Provides that every property and casualty insurance company domiciled in this State that is required to submit a Statement of Actuarial Opinion shall annually submit an Actuarial Opinion Summary, written by the company's appointed actuary. Provides that an Actuarial Report and underlying workpapers as required by the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions shall be prepared to support each Actuarial Opinion. Provides that the appointed actuary shall not be liable for damages to any person (other than the insurance company and the Director) for any act, error, omission, decision, or conduct with respect to the actuary's opinion, except in cases of fraud or willful misconduct on the part of the appointed actuary. Makes other changes.

Actions 
DateChamber Action
  2/8/2007SenateFiled with Secretary by Sen. William R. Haine
  2/8/2007SenateChief Co-Sponsor Sen. Emil Jones, Jr.
  2/8/2007SenateFirst Reading
  2/8/2007SenateReferred to Rules
  3/7/2007SenateAssigned to Executive
  3/15/2007SenateDo Pass Executive; 007-005-000
  3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007
  3/22/2007SenateSecond Reading
  3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007
  3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007
  5/31/2007SenateRule 2-10 Third Reading Deadline Established As December 31, 2007
  12/3/2007SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  5/21/2008SenateApproved for Consideration Rules
  5/21/2008SenatePlaced on Calendar Order of 3rd Reading May 22, 2008
  5/21/2008SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. William R. Haine
  5/21/2008SenateSenate Floor Amendment No. 1 Referred to Rules
  5/21/2008SenateSenate Floor Amendment No. 1 Rules Refers to Insurance
  5/22/2008SenateSenate Floor Amendment No. 1 Recommend Do Adopt Insurance; 007-000-000
  5/22/2008SenateRule 2-10 Third Reading Deadline Established As May 31, 2008
  5/22/2008SenateRecalled to Second Reading
  5/22/2008SenateSenate Floor Amendment No. 1 Adopted; Haine
  5/22/2008SenatePlaced on Calendar Order of 3rd Reading
  5/22/2008SenateThird Reading - Passed; 057-000-000
  5/27/2008HouseArrived in House
  5/27/2008HousePlaced on Calendar Order of First Reading
  5/30/2008HouseChief House Sponsor Rep. Dan Brady
  5/30/2008HouseFirst Reading
  5/30/2008HouseReferred to Rules Committee
  1/13/2009SenateSession Sine Die

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