MADIGAN,R. 215 ILCS 5/355.1 from Ch. 73, par. 967.1 Amends the Illinois Insurance Code. Makes technical changes in a Section concerning loss of time benefits. SENATE AMENDMENT NO. 1. Deletes reference to: 215 ILCS 5/355.1 Adds reference to: 215 ILCS 5/155.37 new Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that with respect to private passenger automobile insurance, the insurers must arbitrate and settle all motor vehicle physical damage claims between the insurers in accordance with an automobile subrogation program sponsored by the intercompany arbitration organization chosen by the insurer. Effective immediately. FEB-22-2001 S FIRST READING FEB-22-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-06-2001 S POSTPONED MAR-20-2001 S AMENDMENT NO. 01-INS & PENS. S MAR-20-2001 S ADOPTED MAR-20-2001 S DO PASS AS AMENDED 008-001-000 SINS MAR-20-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-21 JUL-01-2001 S REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES SRUL JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary