90th General Assembly
Summary of HB3460
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House Sponsors:
SCOTT.

Short description: 
UNINSURED MOTORIST-MANDTY ARB                                              

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.   Provides  that,  under  the      
   mandatory  arbitration  requirements  applicable  to  uninsured  motor      
   vehicle coverage, the decision of the arbitrators shall be binding for      
   the  amount of damages awarded. Currently the arbitrators' decision is      
   binding only when the amount of  damages  is  less  than  the  minimum      
   statutorily required amount of coverage.  Effective immediately.            
          FISCAL NOTE (Dpt. Insurance)                                         
          No fiscal impact.                                                    
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status