|
|
Sen. Michael Noland
Filed: 3/3/2010
|
|
09600SB2965sam001 |
|
LRB096 16719 RPM 37990 a |
|
|
| 1 |
| AMENDMENT TO SENATE BILL 2965
|
| 2 |
| AMENDMENT NO. ______. Amend Senate Bill 2965 by replacing |
| 3 |
| everything after the enacting clause with the following:
|
| 4 |
| "Section 5. The Illinois Insurance Code is amended by |
| 5 |
| changing Section 143.15 as follows:
|
| 6 |
| (215 ILCS 5/143.15) (from Ch. 73, par. 755.15)
|
| 7 |
| Sec. 143.15. Mailing of cancellation notice. All notices of
|
| 8 |
| cancellation of insurance as
defined in subsections (a), (b) |
| 9 |
| and
and (c) of Section 143.13 must
be mailed at least 30 days |
| 10 |
| prior to the effective date of
cancellation to the named |
| 11 |
| insured and mortgagee or lien holder,
if known, at the last |
| 12 |
| mailing address known to the company. All
notices of |
| 13 |
| cancellation shall include a specific explanation of
the reason |
| 14 |
| or reasons for cancellation. However, where cancellation
is for |
| 15 |
| nonpayment of premium, the notice of
cancellation must be |
| 16 |
| mailed at least 10 days before the effective date of the
|