LANG. 215 ILCS 5/472.1 from Ch. 73, par. 1065.18-1 215 ILCS 5/475.1a new 215 ILCS 5/482.1a new 215 ILCS 5/483.2 from Ch. 73, par. 1065.18-20 215 ILCS 5/484.2 from Ch. 73, par. 1065.18-24 215 ILCS 5/475.1 rep. 215 ILCS 5/484.1 rep. Amends the Illinois Insurance Code in relation to property and casualty insurance premium rates. Authorizes the Department to review and approve or disapprove premium rates. Requires prior Department approval with respect to an increase or decrease of 5% or more. Specifies financial information to be reported to the Department. Effective January 1, 1998. FISCAL NOTE (Dept. of Insurance) HB298 could cost the Department as much as $4 million a year. HOUSE AMENDMENT NO. 1. Adds reference to: 215 ILCS 5/474.1 from Ch. 73, par. 1065.18-3 215 ILCS 5/478.1 rep. Limits the rate regulation to accident and health insurance. Effective immediately. 97-01-29 H FIRST READING 97-01-29 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-05 H ASSIGNED TO COMMITTEE INSURANCE 97-02-13 H FISCAL NOTE FILED 97-02-13 H COMMITTEE INSURANCE 97-03-05 H AMENDMENT NO. 01-INSURANCE H 97-03-05 H ADOPTED 97-03-05 H MOTION DO PASS AS AMENDED-LOST 001-015-007 HINS 97-03-05 H REMAINS IN COMMITTEE INSURANCE 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary