90th General Assembly
Summary of HB2282
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House Sponsors:

Senate Sponsors:

Short description: 
INS CD-TECHNICAL-TERMINATION                                               

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.  Adds a caption to a  Section      
   restricting  termination  of  a  policy  because  of termination of an      
   agent's contract with the company.                                          
          FISCAL NOTE (Dpt. of Insurance)                                      
          HB2282 will have no fiscal impact on the Department.                 
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          215 ILCS 5/141.01                                                    
          Adds reference to:                                                   
          215 ILCS 107/20                                                      
        Replaces the title and  everything  after  the  enacting  clause.      
   Amends  the Producer Controlled Insurer Act.  Provides that disclosure      
   requirements regarding the relationship between a controlling producer      
   and an insurer may be met  with  respect  to  business  placed  for  a      
   governmental  reciprocal  by the execution of a subscriber's agreement      
   that  is  retained  by   the   governmental   reciprocal.    Effective      
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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