IL SB3826 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Amends the Illinois Insurance Code in the Article concerning workers' compensation and employer's liability insurance rates. Creates the Illinois Compensation Rating Bureau as a quasi-governmental entity. In the provisions concerning rate filings, disapproval of filings, appeal by minority, information that is to be furnished to insureds and hearings and appeals of insureds, and advisory organizations, replaces references of licensed rating organizations with that of the Illinois Compensation Rating Bureau. Provides that the Director of Insurance shall have oversight over the Bureau only as established by law. Provides that every insurer that writes, amends, delivers, issues, or renews any policy of insurance specified under the Article concerning workers' compensation and employer's liability insurance rates has membership in the Bureau. Sets forth the purposes of the Bureau. Provides that the Bureau shall be governed by the Rating Committee. Provides that the Rating Committee shall establish bylaws for the operation of the Bureau which, with amendments thereto, shall be filed with and approved by the Director before they are effective. Deletes certain provisions concerning filings and cooperation among rating organizations and sets forth provisions concerning membership, services, and the furnishing of information.

Tracking Information

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Title

INSURANCE-TECH

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2012-05-02SenateRe-referred to Assignments
2012-03-28SenatePlaced on Calendar Order of 3rd Reading March 29, 2012
2012-03-28SenateSecond Reading
2012-03-08SenatePlaced on Calendar Order of 2nd Reading March 21, 2012
2012-03-08SenateDo Pass as Amended Labor; 006-000-000
2012-03-07SenateSenate Committee Amendment No. 1 Adopted
2012-03-07SenateSenate Committee Amendment No. 1 Assignments Refers to Labor
2012-03-07SenateSenate Committee Amendment No. 1 Referred to Assignments
2012-03-07SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul
2012-02-24SenateAssigned to Labor
2012-02-10SenateReferred to Assignments
2012-02-10SenateFirst Reading
2012-02-10SenateFiled with Secretary by Sen. Kwame Raoul

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155457Amended CodeCitation Text
2155458Amended CodeCitation Text
2155459Amended CodeCitation Text
2155459aNew CodeSee Bill Text
2155461Amended CodeCitation Text
2155462Amended CodeCitation Text
2155463Amended CodeCitation Text

Illinois State Sources


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