Bill Status of SB2016 94th General Assembly
Short Description: INS-PRODUCER DISCLOSURES
Sen. Susan Garrett
| 1/9/2007||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Insurance Code. Requires certain insurance producers to disclose to the customer any compensation the producer receives from an insurer or third party. Grants customers the right to request additional information. Makes a violation a violation of the Consumer Fraud and Deceptive Business Practices Act. Amends the Consumer Fraud and Deceptive Business Practices Act to include the violations and to delete a provision exempting certain acts of insurance producers, registered firms, and limited insurance representatives from the Act. Effective immediately.
|Date||Chamber|| Action|| 2/25/2005||Senate||Filed with Secretary by Sen. Susan Garrett|| 2/25/2005||Senate||First Reading|| 2/25/2005||Senate||Referred to Rules|| 3/2/2005||Senate||Assigned to Insurance|| 3/9/2005||Senate||Postponed - Insurance|| 3/17/2005||Senate||Held in Insurance|| 3/18/2005||Senate||Rule 3-9(a) / Re-referred to Rules|| 1/9/2007||Senate||Session Sine Die|