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| | HB0762 Engrossed | | LRB104 04660 BAB 14687 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 1. Short title. This Act may be cited as the Child |
| 5 | | Welfare Liability Insurance Survey Act.
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| 6 | | Section 5. Liability insurance survey. |
| 7 | | (a) The Department of Insurance shall conduct an inquiry |
| 8 | | into liability insurance practices for community-based |
| 9 | | providers of foster care and adoption services. The Department |
| 10 | | shall survey insurers about the liability insurance market |
| 11 | | that serves community-based providers of foster care and |
| 12 | | adoption services and report the responses. This survey shall |
| 13 | | include, but is not limited to, obtaining information from |
| 14 | | insurance providers regarding: |
| 15 | | (1) licensed liability carriers in Illinois and in |
| 16 | | other states, including, but not limited to, the |
| 17 | | coverages, conditions, exclusions, limits of liability, |
| 18 | | and premiums of available policies of the licensed |
| 19 | | liability carriers; |
| 20 | | (2) premiums of available liability insurance |
| 21 | | policies; |
| 22 | | (3) drivers of premiums for liability insurance for |
| 23 | | community-based providers of foster care and adoption |
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| | HB0762 Engrossed | - 2 - | LRB104 04660 BAB 14687 b |
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| 1 | | services; |
| 2 | | (4) descriptions of claims for liability insurance for |
| 3 | | community-based providers of foster care and adoption |
| 4 | | services; |
| 5 | | (5) drivers of premiums for liability insurance in |
| 6 | | general; |
| 7 | | (6) descriptions of claims for liability insurance in |
| 8 | | general; |
| 9 | | (7) types of insurance coverage available to foster |
| 10 | | care providers offered in Illinois and other states; |
| 11 | | (8) insurance premiums, coverages, and exclusions in |
| 12 | | the excess and surplus markets; |
| 13 | | (9) insurance premium and coverage changes in other |
| 14 | | industries; and |
| 15 | | (10) efforts to mitigate the challenges the liability |
| 16 | | insurance market is experiencing in other states. |
| 17 | | (b) The finalized survey shall detail the information that |
| 18 | | was obtained for purposes of the survey and include a |
| 19 | | description of requested information that was not provided |
| 20 | | from insurance providers and brokers or any other entity, |
| 21 | | including State agencies. |
| 22 | | (c) The Department of Insurance shall develop, no later |
| 23 | | than April 1, 2026, a finalized survey of the survey |
| 24 | | responses. The Department's finalized survey shall be for |
| 25 | | informational and planning purposes only and shall not |
| 26 | | constitute a formal study, investigation, or report. The |
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| | HB0762 Engrossed | - 3 - | LRB104 04660 BAB 14687 b |
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| 1 | | Department shall share its survey findings with relevant |
| 2 | | stakeholders, the General Assembly, and the Governor, as |
| 3 | | appropriate.
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| 4 | | Section 10. Repeal. This Act is repealed on November 1, |
| 5 | | 2026.
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| 6 | | Section 99. Effective date. This Act takes effect upon |
| 7 | | becoming law. |
