Bill Status of SB 2608   98th General Assembly

Short Description:  INS CD-CERTIFICATE-INSURANCE

Senate Sponsors
Sen. Jason A. Barickman-William R. Haine

House Sponsors
(Rep. Dan Brady)


Last Action  View All Actions

DateChamber Action
  8/1/2014SenatePublic Act . . . . . . . . . 98-0819

Statutes Amended In Order of Appearance
215 ILCS 5/155.45 new

Synopsis As Introduced
Amends the Illinois Insurance Code. Sets forth provisions that apply to a certificate of insurance that is issued in connection with a contract related to property, operations, or risks located in this State, regardless of the location of the policyholder, insurer, insurance producer, or person that requests or requires the issuance of the certificate of insurance. Provides that the use of a certificate of insurance form that is unfair, misleading, or deceptive or violates any law is an unfair and deceptive act or practice in the business of insurance. Provides that a certificate of insurance may not amend, extend, or alter the coverage provided under, or confer to a person any rights in addition to the rights expressly provided in, the policy of property or casualty insurance to which the certificate of insurance refers. Provides that a person may not prepare, issue, request, or require the issuance of a certificate of insurance that (1) contains false or misleading information concerning the policy of property or casualty insurance to which the certificate of insurance refers or (2) alters, amends, or extends the coverage provided by the policy of property or casualty insurance to which the certificate of insurance refers. Provides that a certificate of insurance may not contain a warranty that the policy of property or casualty insurance to which the certificate of insurance refers complies with the insurance or indemnification requirements of a contract. Provides that a person is not entitled to notice of, cancellation of, nonrenewal of, or a material change in a policy of property or casualty insurance unless the person has notice rights under the terms of the policy of property or casualty insurance or an endorsement to the policy. Sets forth provisions concerning the Director of Insurance's authority and departmental rules.

Senate Committee Amendment No. 1
Deletes a provision allowing the Director of Insurance to issue a cease and desist order or impose a civil penalty of not more than $1,000 for each violation of the Section concerning certificates of insurance. Provides instead that the Director shall have the power to enforce the provisions of the Section concerning certificates of insurance and impose any authorized penalty or remedy as provided under the Section of the Code concerning the general powers of the Director.

Actions 
DateChamber Action
  10/22/2013SenateFiled with Secretary by Sen. Jason A. Barickman
  10/22/2013SenateFirst Reading
  10/22/2013SenateReferred to Assignments
  11/5/2013SenateAdded as Chief Co-Sponsor Sen. William R. Haine
  1/29/2014SenateAssigned to Insurance
  2/4/2014SenateWaive Posting Notice
  2/5/2014SenatePostponed - Insurance
  2/21/2014SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Jason A. Barickman
  2/21/2014SenateSenate Committee Amendment No. 1 Referred to Assignments
  2/25/2014SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
  2/26/2014SenateSenate Committee Amendment No. 1 Adopted
  2/27/2014SenateDo Pass as Amended Insurance; 008-000-000
  2/27/2014SenatePlaced on Calendar Order of 2nd Reading March 4, 2014
  3/4/2014SenateSecond Reading
  3/4/2014SenatePlaced on Calendar Order of 3rd Reading March 5, 2014
  3/5/2014SenateThird Reading - Passed; 056-000-000
  3/5/2014HouseArrived in House
  3/6/2014HouseChief House Sponsor Rep. Dan Brady
  3/6/2014HouseFirst Reading
  3/6/2014HouseReferred to Rules Committee
  4/23/2014HouseAssigned to Insurance Committee
  4/29/2014HouseDo Pass / Short Debate Insurance Committee; 021-000-000
  4/30/2014HousePlaced on Calendar 2nd Reading - Short Debate
  5/7/2014HouseSecond Reading - Short Debate
  5/7/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/8/2014HouseThird Reading - Short Debate - Passed 108-000-000
  5/8/2014SenatePassed Both Houses
  6/6/2014SenateSent to the Governor
  8/1/2014SenateGovernor Approved
  8/1/2014SenateEffective Date January 1, 2015
  8/1/2014SenatePublic Act . . . . . . . . . 98-0819

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