Bill Status of SB3263 101st General Assembly
Short Description: INSURANCE CODE-IMPROPER CLAIMS
Sen. Bill Cunningham - Linda Holmes, Dave Syverson and Dan McConchie
| 1/13/2021||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that it is an improper claims practice for a domestic, foreign, or alien company transacting business in this State to fail to pay applicable tax, title, and transfer fees for all first-party and third-party claims on a replacement vehicle in a private passenger automobile total loss vehicle claim if that act is committed knowingly in violation of the Code, has been committed with such frequency to indicate a persistent tendency to engage in that type of conduct, and is committed without just cause. Effective immediately.