BERMAN. 30 ILCS 105/5.480 new 215 ILCS 5/143.2 new 215 ILCS 5/154.7 from Ch. 73, par. 766.7 215 ILCS 5/154.8 from Ch. 73, par. 766.8 215 ILCS 5/155.24 from Ch. 73, par. 767.24 215 ILCS 5/408.5 new 215 ILCS 5/412 from Ch. 73, par. 1024 625 ILCS 5/6-206 from Ch. 95 1/2, par. 6-206 705 ILCS 210/2 from Ch. 13, par. 16 720 ILCS 5/46-6 new Amends the Illinois Insurance Code, the Illinois Vehicle Code, the Criminal Code of 1961, the Legal Business Solicitation Act, and the State Finance Act. Establishes readability standards for automobile insurance policies. Provides that the Director of Insurance shall suspend for at least 30 days the certificate of authority of a company found to have engaged in improper claims practices. Imposes upon insurance companies a fee to pay for insurance fraud prosecutions. Provides for the deposit of the fee into the Insurance Fraud Prosecutions Fund. Provides that after appropriation to the Department of Insurance, the Department shall use the moneys to reimburse counties having more than 100,000 inhabitants for costs of prosecuting insurance fraud. Authorizes the suspension of driving privileges upon conviction of a violation of insurance fraud laws involving motor vehicles. Requires notification of pro- fessional licensing authorities when a licensee is convicted of engag- ing in insurance fraud. Effective immediately. 98-02-19 S FIRST READING 98-02-19 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary