INS ADDITIONL INSURED-COVERAGE
Synopsis of Bill as introduced:
Amends the Illinois Insurance Code. Provides that policies of
commercial liability insurance that provide coverage for additional
insureds must also provide that the additional insured may invoke the
coverage only when liability of the additional insured arises or is
alleged to arise out of the acts or omissions of the named insured.
HOUSE AMENDMENT NO. 2.
Further amends the Illinois Insurance Code. Deletes the
substantive provisions from the bill.
SENATE AMENDMENT NO. 1.
Amends the Illinois Insurance Code. Provides that a party seeking
coverage under a policy as an additional insured must also tender the
defense and indemnity of the claim or loss to any other insurer that
also provides coverage for the claim or loss. Provides that the
allocation of the defense and indemnity for an insured or an
additional insured who may be covered for a claim or loss under 2 or
more policies of insurance shall be determined by the terms of the
particular policies of insurance and shall not be determined on the
basis of the insured's, additional insured's, or an insurer's
selection of a particular policy of insurance to respond to the claim
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1
END OF INQUIRY
Full Text Bill Status