House Sponsors: HOFFMAN-RUTHERFORD-DAVIS,MONIQUE-HOWARD-KENNER, FLOWERS AND TENHOUSE. Senate Sponsors: LUECHTEFELD Short description: INS PRODUCER OWN INSURED DATA Synopsis of Bill as introduced: Amends the Illinois Insurance Code. Provides that policyholders and their insurance producers have exclusive rights to confidential information of an insured relating to the insured and the insured's insurance policy. Prohibits use of that information, commonly known as "expirations", by persons other than the insurance producer for purposes of marketing insurance or other products. Does not apply to life and health insurance or when the producer acts under an exclusive contract with the insurer or when the insured makes written requests for additional insurance sales. Provides for enforcement by the Director of Insurance. Effective immediately. HOUSE AMENDMENT NO. 1. Provides that the expirations are owned by the registered firm rather than the insurance producer. Provides an exception from the ownership of expirations rules for situations where producers act primarily for one company or affiliated group of companies and defines the term "primarily". Deletes provision granting producers a right to claim for lost commissions and any other relief for violations. FISCAL NOTE, H-AM 1 (Department of Insurance) HB 800 may create a minimal fiscal impact to the Department. HOUSE AMENDMENT NO. 2. Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that policyholders and the registered firms who sold the policy have exclusive rights to confidential information of an insured relating to the insured and the insured's insurance policy. Prohibits use of that information, commonly known as "expirations", by persons or entities other than the registered firm for purposes of marketing insurance or other products. Provides exceptions for banks and other financial institutions. Does not apply to life and health insurance or when the producer acts primarily for one company or an affiliated group of companies or when the insured makes written requests for additional insurance sales. Deletes provision granting producers a right to claim for lost commissions and other relief for violations. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 215 ILCS 5/507.2 new Adds reference to: 215 ILCS 5/370u new Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that all noninstitutional providers and other providers shall be permitted to compensate, on the basis of a percentage of the providers' fees or collections, any independent contractor for non-health care services provided in connection with the management, marketing, administration, formation, and maintenance of provider networks offered or available to any person. Effective on June 1, 2003. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 1 END OF INQUIRY Full Text Bill Status