Illinois General Assembly - Full Text of SB3034
Illinois General Assembly

Previous General Assemblies

Full Text of SB3034  96th General Assembly


Sen. William R. Haine

Filed: 3/2/2010





09600SB3034sam001 LRB096 16575 RPM 37991 a


2     AMENDMENT NO. ______. Amend Senate Bill 3034 by replacing
3 everything after the enacting clause with the following:
4     "Section 5. The Illinois Insurance Code is amended by
5 changing Section 143.27 as follows:
6     (215 ILCS 5/143.27)  (from Ch. 73, par. 755.27)
7     Sec. 143.27. No insurance company may give to any named
8 insured any notice of cancellation or nonrenewal of a policy of
9 fire and and extended coverage insurance, as defined in
10 subsection (b) of Section 143.13, covering property which is
11 capable of being rehabilitated, without allowing the named
12 insured a reasonable period of time in which to repair defects
13 in the insured property or relevant portion thereof, to an
14 extent reasonably sufficient to facilitate continued coverage
15 thereon. The time reasonably allowable therefor (which in no
16 event shall exceed ninety days) and the degree of sufficiency



09600SB3034sam001 - 2 - LRB096 16575 RPM 37991 a

1 of such rehabilitative efforts which insurance companies shall
2 accept, may be determined by a certificate from a licensed
3 contractor or architect and such rehabilitative efforts shall
4 be in compliance with local municipal building codes. The
5 notice of need for repair shall be from the insurance company,
6 which may be sent to the insured at any time during the policy
7 term, and which notice shall commence the time period
8 established under this Section.
9 (Source: P.A. 81-857.)".