Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 5/173.1

from Ch. 73, par. 785.1

Synopsis As Introduced
Amends the Illinois Insurance Code in the provision concerning credit allowed a domestic ceding insurer. Provides that credit shall also be allowed when reinsurance is ceded to an assuming insurer that holds surplus, or its equivalent, in excess of $250 million and the Director of Insurance determines that it is an acceptable credit risk. Provides that in determining whether credit should be allowed, the Director shall consider certain factors. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. Mike Jacobs
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
3/2/2011	Senate	Added as Co-Sponsor Sen. Antonio Muņoz
3/2/2011	Senate	Assigned to Insurance
3/2/2011	Senate	Added as Co-Sponsor Sen. William R. Haine
3/2/2011	Senate	Sponsor Removed Sen. Antonio Muņoz
3/3/2011	Senate	Added as Co-Sponsor Sen. John J. Millner
3/9/2011	Senate	Chief Sponsor Changed to Sen. Antonio Muņoz
3/10/2011	Senate	Postponed - Insurance
3/17/2011	Senate	Postponed - Insurance
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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