Bill Amendment: IL HB0142 | 2021-2022 | 102nd General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

---

Bill Title: INS CD-CLAIMANT REIMBURSEMENT

Status: 2021-04-23 - House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB0142 Detail]

Download: Illinois-2021-HB0142-House_Amendment_001.html

---

Rep. La Shawn K. Ford

Filed: 4/19/2021

10200HB0142ham001 LRB102 10163 BMS 25504 a
AMENDMENT TO HOUSE BILL 142
AMENDMENT NO. ______. Amend House Bill 142 by replacing
everything after the enacting clause with the following:
"Section 5. The Illinois Insurance Code is amended by
adding Section 155.47 as follows:
(215 ILCS 5/155.47 new)
Sec. 155.47. First-party claimant reimbursement study.
(a) Since first-party claimants occasionally have property
and casualty claims denied in whole or in part and
subsequently obtain a payment in excess of the initial offer
of the insurer, the Department shall perform a study of
whether the claimants shall be entitled to reimbursement of
their reasonable costs incurred to substantiate the claim. The
study of the Illinois insurance claims process shall be
submitted to the General Assembly by January 1, 2022.
(b) The Department study shall compare median payments on

10200HB0142ham001 - 2 - LRB102 10163 BMS 25504 a
new and reopened claims where the insured had representation
to claims where the insured did not.
(c) The Department study shall take a representative
sample of claims and examine the type of representation for
the insured, including representation by a public adjuster,
attorney, or none; the nature of the claim, including whether
catastrophic or non-catastrophic; the severity of the loss;
the insured value of the property; the report year; the date
the policyholder noticed the loss; the dollar value of the
insurers' initial offer to a policyholder; the last amount
paid to a policyholder; the payment date; and the city and
county in which the property was located.
Section 99. Effective date. This Act takes effect upon
becoming law.".