Bill Text: IL HB0142 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the Illinois Insurance Code to provide that a first-party claimant who has had a property and casualty claim denied in whole or in part and has obtained a payment in excess of the initial offer of the insurer shall be entitled to reimbursement of their reasonable costs incurred to substantiate the claim.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2021-04-23 - House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB0142 Detail]
Download: Illinois-2021-HB0142-Introduced.html
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1 | AN ACT concerning regulation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Insurance Code is amended by | |||||||||||||||||||
5 | adding Section 155.47 as follows:
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6 | (215 ILCS 5/155.47 new) | |||||||||||||||||||
7 | Sec. 155.47. First-party claimant reimbursement. A | |||||||||||||||||||
8 | first-party claimant who has had a property and casualty claim | |||||||||||||||||||
9 | denied in whole or in part and has obtained a payment in excess | |||||||||||||||||||
10 | of the initial offer of the insurer shall be entitled to | |||||||||||||||||||
11 | reimbursement of their reasonable costs incurred to | |||||||||||||||||||
12 | substantiate the claim.
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