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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status