HB0762 EngrossedLRB104 04660 BAB 14687 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the Child
5Welfare Liability Insurance Survey Act.
 
6    Section 5. Liability insurance survey.
7    (a) The Department of Insurance shall conduct an inquiry
8into liability insurance practices for community-based
9providers of foster care and adoption services. The Department
10shall survey insurers about the liability insurance market
11that serves community-based providers of foster care and
12adoption services and report the responses. This survey shall
13include, but is not limited to, obtaining information from
14insurance 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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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
18was obtained for purposes of the survey and include a
19description of requested information that was not provided
20from insurance providers and brokers or any other entity,
21including State agencies.
22    (c) The Department of Insurance shall develop, no later
23than April 1, 2026, a finalized survey of the survey
24responses. The Department's finalized survey shall be for
25informational and planning purposes only and shall not
26constitute a formal study, investigation, or report. The

 

 

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1Department shall share its survey findings with relevant
2stakeholders, the General Assembly, and the Governor, as
3appropriate.
 
4    Section 10. Repeal. This Act is repealed on November 1,
52026.
 
6    Section 99. Effective date. This Act takes effect upon
7becoming law.