Bill Title: Amends the Illinois Insurance Code. Provides that if a company opts not to obtain readily available information for named insureds and drivers provided by the applicant at the time of application to underwrite the risk prior to issuing the policy, the company shall not defeat, avoid, or rescind the policy of insurance based on obtaining the readily available information after a loss has occurred or a claim is filed. Defines "readily available information".

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB1967 Detail]

Text: Latest bill text (Introduced) [HTML]

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