SB 2910

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Full Text of SB2910
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	SB2910 - 104th General Assembly
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			Senate Amendment 001
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		SB2910 Enrolled		LRB104 17746 BAB 31177 b
1    AN ACT concerning regulation.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Insurance Code is amended by
5changing the heading of Article XXXIII and Sections 143.22,
6522, 523, 524, 525.1, 525.3, 527, 528, 529, 529.2, 529.5, and
7530 and by adding Section 524.5 as follows:
8    (215 ILCS 5/Art. XXXIII heading)
9ARTICLE XXXIII.  AVAILABILITY OF   [URBAN]
10PROPERTY INSURANCE
11    (215 ILCS 5/143.22)  (from Ch. 73, par. 755.22)
12    Sec. 143.22. Notice to Insured as to Eligibility of
13Illinois FAIR [Fair] Plan Association. When a policy containing
14fire and extended coverage insurance is cancelled or
15nonrenewed other than for nonpayment of premium or evidence of
16incendiarism and if the location of the insured property is
17within the State of Illinois, the company shall notify the
18named insured of his eligibility for the FAIR Plan and the 
19insured's ability to submit an application to the FAIR Plan.
20[and shall explain the procedure to make application to the ]
21[FAIR Plan.] Such notice shall include the FAIR Plan's mailing 
22address, website address, and telephone number, as provided on 
		SB2910 Enrolled	- 2 -	LRB104 17746 BAB 31177 b
1the FAIR Plan's website, and shall accompany or be included in
2the notice of cancellation or the notice of intent not to
3renew.
4(Source: P.A. 86-437.)
5    (215 ILCS 5/522)  (from Ch. 73, par. 1065.69)
6    Sec. 522. Purpose. The purpose of this Article [This ]
7[article] is to make basic property insurance increasingly
8available to the citizens of this State[,] by authorizing an 
9Association of insurers licensed to write and engaged in 
10writing basic property insurance, including multi-peril 
11policies, within this State, to make available [and to deter ]
12[the insurance industry from geographically redlining urban ]
13[areas of this State by requiring the restructuring of the ]
14[Industry Placement Facility and administering the FAIR Plan ]
15[(Fair Access to Insurance Requirements) to deliver residential]
16property insurance to all citizens of this State on a
17reasonable access and marketing basis by offering basic 
18property [homeowners] insurance[,] to qualified applicants, [by ]
19[requiring immediate] binding of eligible risks, using [by making ]
20[use of] premium installment payment plans, and [by further]
21establishing reasonable service standards in its plan of
22operation [subject to the approval and review of the Director];
23and, to authorize and administer a mechanism [establish a ]
24[central operation facility] for the equitable distribution of
25surpluses, losses, and expenses of the Association in the
		SB2910 Enrolled	- 3 -	LRB104 17746 BAB 31177 b
1writing of the basic property insurance and homeowners
2insurance in this State.
3(Source: P.A. 80-1365.)
4    (215 ILCS 5/523)  (from Ch. 73, par. 1065.70)
5    Sec. 523. Definitions.[)] As used in this Article:
6    "Association" means the association, commonly referred to 
7as the Illinois FAIR Plan Association, formed pursuant to this 
8Article by all admitted insurers engaged in writing in this 
9State, on a direct basis, basic property insurance or any 
10basic property insurance component in multi-peril policies, 
11excluding farm mutual companies.
12    [(1)] "Basic property insurance" ["Basic Property Insurance"]
13means the coverage against direct loss to real or tangible
14personal property at a fixed location provided in the Standard
15Fire Policy and Extended Coverage Endorsement, including 
16homeowners insurance and commercial property insurance, and
17such vandalism and malicious mischief or such other classes of
18insurance as may be added with respect to the property by the
19Association [Industry Placement Facility with the approval of ]
20[the Director], except insurance on automobile, farm, and
21manufacturing risks [and it shall include homeowners insurance].
22    "Director" means the Director of Insurance.
23    [(2)] "Homeowners insurance [Insurance]" means the personal
24multi-peril property coverages commonly known as homeowners 
25insurance [Homeowners Insurance].
		SB2910 Enrolled	- 4 -	LRB104 17746 BAB 31177 b
1    "Inspector" [(3) "Inspection Bureau(s)"] means the division 
2or department of the Association responsible for, or an [the]
3organization or organizations designated by the Association
4[Industry Placement Facility with the approval of the Director]
5to make on the Association's behalf, inspections to determine
6the condition of the properties for which basic property 
7insurance [basic property insurance] is sought and to perform
8such other duties as may be authorized by the Association.
9[Industry Placement Facility;]
10    [(4) "Industry Placement Facility" or "Facility" means the ]
11[organization formed by insurers licensed to write and engaged ]
12[in writing basic property insurance (including multi-peril ]
13[policies) within the State of Illinois to assist applicants in ]
14[urban areas in securing basic property insurance and to ]
15[formulate and administer a program for the equitable ]
16[apportionment among such insurers of such basic property ]
17[insurance.]
18    [(5) "Urban Area" means any community having a blighted, ]
19[deteriorated or deteriorating area which the Facility has ]
20[designated with the approval of the Director, or which the ]
21[Secretary of the U.S. Department of Housing and Urban ]
22[Development has approved for an urban renewal project after a ]
23[local public agency has been formed in the community to avail ]
24[itself of a U.S. Housing and Urban Renewal Program, or which ]
25[the Director of Insurance has designated.]
26    [(6)] "Premiums written [Written]" means the gross direct
		SB2910 Enrolled	- 5 -	LRB104 17746 BAB 31177 b
1premiums charged with respect to property in this State on all
2policies of basic property insurance and the basic property
3insurance premium components of all multi-peril policies less
4return premiums, dividends paid or credited to policyholders,
5or the unused or unabsorbed portions of premium deposits.
6(Source: P.A. 80-1365.)
7    (215 ILCS 5/524)  (from Ch. 73, par. 1065.71)
8    Sec. 524. Association application procedure [FAIR Plan ]
9[Procedure].
10    (1) Any person having an insurable interest in a 
11one-family to 4-family residential real [or tangible personal]
12property at a fixed location in this State or nonresidential 
13real property at a fixed location in this State [an urban area]
14who, after diligent effort, has been unable to obtain basic
15property insurance in the standard insurance market, as
16evidenced by the person's written representation to the 
17Association of at least 3 unsuccessful attempts to procure
18such insurance, is entitled, upon application to the
19Association, [Facility] to an [inspection and] evaluation of the
20property by representatives of the Inspector [Inspection ]
21[Bureau].
22    (2) Any person who is an owner-resident of a one-family to 
234-family residential real property [one to four family dwelling ]
24[unit] at a fixed location in this State [an urban area] and whose
25basic property insurance [residential real property insurance ]
		SB2910 Enrolled	- 6 -	LRB104 17746 BAB 31177 b
1[coverage] has been nonrenewed through the standard [voluntary]
2insurance market shall be entitled, upon [to submit a binding]
3application to the Association, to an evaluation of the 
4property by representatives of the Inspector [of coverage to ]
5[the Facility for such period of time as is required by the ]
6[Facility to conduct a reasonable inspection of the residential ]
7[real property].
8    (2.5) Promptly after the Association receives a properly 
9completed application for coverage, an evaluation in 
10accordance with the Association's then-existing underwriting 
11standards must be made by the Inspector and an evaluation 
12report must be filed with the Association. A copy of the 
13completed evaluation report must be made available to the 
14applicant upon written request. On and after the effective 
15date of this amendatory Act of the 104th General Assembly, all 
16properly completed applications must be submitted to the 
17Association by an Illinois-licensed agent registered with the 
18Association. The Association's governing committee shall 
19determine the commission rate for licensed insurance producers 
20and the method of payment for the commissions.
21    (3) The manner and scope of the inspection and evaluation
22report for a [nonresidential] property shall be consistent with 
23reasonable underwriting standards [prescribed by the Facility ]
24[with the approval of the Director]. The inspection must
25include, but need not be limited to, pertinent structural and
26occupancy features as well as the general condition of the
		SB2910 Enrolled	- 7 -	LRB104 17746 BAB 31177 b
1building and surrounding structures. Representative 
2photographs or videos [A representative photograph] of the
3property may be taken as part of the inspection.
4    (4) (Blank). [Promptly after the request for inspection is ]
5[received an inspection must be made and an inspection report ]
6[filed with the company or companies designated by the ]
7[Facility. A copy of the completed inspection and evaluation ]
8[report must be sent to the Facility and made available to the ]
9[applicant and to insurers in the voluntary insurance market ]
10[upon request.]
11    (5) If the Association [Inspection Bureau] finds that the
12[residential] property meets the Association's [reasonable]
13underwriting standards [established under Section 525], the
14applicant shall be so informed in writing. If the [residential]
15property does not meet the Association's underwriting 
16standards [criteria], the applicant shall be informed, in
17writing, of the reasons for the failure of the [residential]
18property to meet the underwriting standards [criteria].
19    (6) If, at any time, the applicant makes improvements in
20the [residential] property or its condition that the applicant
21[which he or she] believes are sufficient to make the
22[residential] property meet the Association's underwriting 
23standards [criteria], [a representative of] the Inspector
24[Inspection Bureau] shall reevaluate [reinspect] the [residential]
25property upon request. In any case, the applicant for
26residential property insurance shall be eligible for one
		SB2910 Enrolled	- 8 -	LRB104 17746 BAB 31177 b
1reevaluation [reinspection] any time beginning 60 days after the
2[his or her] initial evaluation [Fair plan inspection]. If, upon
3reevaluation, [reinspection] the [residential] property meets the
4reasonable underwriting standards established by the 
5Association [under Section 525], the applicant shall be so
6informed in writing.
7(Source: P.A. 81-1430.)
8    (215 ILCS 5/524.5 new)
9    Sec. 524.5. Participation in and management of the 
10Association.
11    (a) All admitted insurers engaged in writing in this 
12State, on a direct basis, basic property insurance or any 
13basic property insurance component in multi-peril policies, 
14excluding farm mutual companies, shall be members of the 
15Association.
16    (b) The Association shall be managed by a governing 
17committee of 11 persons, all serving 3-year terms, staggered 
18as provided in the Association's articles of association and 
19plan of operation. Six governing committee members shall be 
20insurers elected in a manner provided in the Association's 
21articles of association and plan of operation. Four governing 
22committee members shall be public members who are not 
23employees of, or otherwise affiliated with, the insurance 
24industry and are appointed by the Director to represent the 
25interest of insurance consumers. One governing committee 
		SB2910 Enrolled	- 9 -	LRB104 17746 BAB 31177 b
1member shall be an Illinois-licensed insurance producer 
2appointed by the Director.
3    (c) The governing committee shall, subject to the approval 
4of the Director, adopt and maintain articles of association 
5and a plan of operation for the Association.
6    (d) Voting on administrative questions of the Association 
7shall be weighted in accordance with each insurer's premium 
8written during the second preceding calendar year, as 
9disclosed in the reports filed by the insurer with the 
10Director.
11    (e) The Association may, on its own initiative or at the 
12request of the Director, amend its articles of association and 
13plan of operation, subject to approval by the Director.
14    (215 ILCS 5/525.1)  (from Ch. 73, par. 1065.72-1)
15    Sec. 525.1. Association operations authorized [Centralized ]
16[Operations Authorized].[)]
17    (1) The Association [Industry Placement Facility] is
18authorized[, for FAIR Plan purposes only,] to issue policies of
19basic property insurance on real and tangible property within 
20this State [insurance and endorsements thereto] in its own name
21or a trade name duly adopted for that purpose, and to take 
22other actions [act on behalf of all participating insurers in ]
23[connection with said policies and otherwise in any manner]
24necessary to accomplish the purposes of this Article,
25including, but not limited to, establishing rules and 
		SB2910 Enrolled	- 10 -	LRB104 17746 BAB 31177 b
1procedures for insurance applications; underwriting standards; 
2inspection standards; determining insurability of risks; rate 
3plans; maximum limits of liability; use of deductibles; 
4commissions payable to the licensed insurance producers;
5collection of premiums; [,] nonrenewals; issuance of
6cancellations; [,] and payment of [commissions,] losses, judgments,
7and expenses.
8    (2) [The participating insurers shall be liable to the ]
9[Facility as provided in this Article, the Program and any ]
10[related Articles of Agreement for the expenses and liabilities ]
11[so incurred by the Facility, and the Governing Committee shall ]
12[make assessments against the participating insurers as ]
13[required to meet such expenses and liabilities.] In connection
14with any policy issued by the Association [Facility]: [(a) the ]
15[name and percentage participation of each participating ]
16[insurer shall be made available to the insured upon request to ]
17[the Facility; (b)] (A) service of any notice, proof of loss,
18legal process, or other communication with respect to the
19policy may and shall be made upon the Association [Facility];
20and (B) [(c)] any action by the insured constituting a claim
21under the policy shall be brought only against the Association
22[Facility], and the Association [Facility] shall be the proper
23party for all purposes in any action brought under or in
24connection with any such policy. The foregoing requirements
25shall be set forth in any policy issued by the Association
26[Facility and the form and content of any such policy shall be ]
		SB2910 Enrolled	- 11 -	LRB104 17746 BAB 31177 b
1[subject to the approval of the Director of Insurance].
2    (3) The Association [Facility] is authorized to [assume and]
3cede reinsurance [in conformity with the Program].
4    (4) The Association may outsource some or all of its 
5underwriting, claims, accounting, human resources, employee 
6benefits, information technology, and other operations to 
7third-party vendors, insurance industry support organizations, 
8or FAIR Plan associations of other states. [(a) Each insurer ]
9[must participate in the writings, expenses, profits and losses ]
10[of the Facility in the proportion that its premiums written, ]
11[with respect to each fund, bear to the aggregate premiums ]
12[written by all insurers, with respect to each said fund, ]
13[excluding that portion of the premiums written attributable to ]
14[the operation of the Facility except as otherwise provided in ]
15[this Section.]
16    [(b) The Director of Insurance shall by rule establish ]
17[procedures for determining the net level of participation ]
18[required of each insurer, which shall include the following ]
19[elements:]
20    [(i) The designation of one or more contiguous ZIP CODE ]
21[areas within this State wherein the insurers writing new ]
22[policies upon risks which they do not insure prior to the ]
23[effective date of this amendatory Act may receive credit ]
24[against their obligation for FAIR Plan risks;]
25    [(ii) The minimum level of participation required of all ]
26[insurers regardless of the amount of credit allowed but which ]
		SB2910 Enrolled	- 12 -	LRB104 17746 BAB 31177 b
1[in no case shall be less than 50% of that level of ]
2[participation that would be required as defined in paragraph ]
3[(a) above;]
4    [(iii) A designation of the type of risks for which credit ]
5[may be allowed, provided that credit shall not apply to ]
6[commercial risks where the annual premium for the policy ]
7[exceeds $2,000 for each fixed location;]
8    [(iv) The maximum level of participation required of all ]
9[insurers regardless of the amount of credit allowed.]
10    [(c) The procedures for determining levels of participation ]
11[and all designations, formulas, minima and maxima required by ]
12[this Section shall be reasonably designed to effect the intent ]
13[of this Article without exempting any insurer from the ]
14[participation requirement.]
15    (5) As determined by the Association's governing committee 
16and approved by the Director, the Association shall maintain a 
17Credit Depopulation Program that incentivizes members to 
18return Association policies to the standard insurance market.
19[Voting on administrative questions of the Facility shall be ]
20[weighted in accordance with each insurers' premium written ]
21[during the second preceding calendar year as disclosed in the ]
22[reports filed by the insurer with the Director.]
23    (6) Blank. [The Facility may on its own initiative or at the ]
24[request of the Director, amend its rules or Program, subject ]
25[to approval by the Director.]
26(Source: P.A. 81-1426.)
		SB2910 Enrolled	- 13 -	LRB104 17746 BAB 31177 b
1    (215 ILCS 5/525.3)  (from Ch. 73, par. 1065.72-3)
2    Sec. 525.3. Approval of rates [Rates]. The Association [In ]
3[the event that the Industry Placement Facility proposes to ]
4[issue policies of insurance or endorsements thereto pursuant ]
5[to subsection (1) of Section 525.1, the Facility] shall file
6for approval with the Director the proposed rates and
7supplemental rate information to be used in connection with
8the issuance of [such] policies or endorsements. Within 60 days
9after [of] the filing of the proposed rates, the Director shall
10enter an order either approving or disapproving, in whole or
11in part, the rate plan filed. The Director may, upon notice to
12the Association [Industry Placement Facility], extend the period
13for entering an order under this Section an additional 30
14days. No such policies or endorsements shall be issued until
15such time as the Director approves the rates to be applied to
16the policy or endorsement. An order disapproving a rate shall
17state the grounds for the disapproval and the findings in
18support thereof.
19(Source: P.A. 81-1426.)
20    (215 ILCS 5/527)  (from Ch. 73, par. 1065.74)
21    Sec. 527. Right to appeal.
22    (1) Any applicant whose application is rejected, any 
23policyholder whose policy is canceled or nonrenewed by the 
24Association, and any insurer affected by an action of the 
		SB2910 Enrolled	- 14 -	LRB104 17746 BAB 31177 b
1Association [or affected insurer] has the right of appeal to the
2governing committee within 30 days after notice of the action 
3by the Association [Governing Committee]. A decision of the
4Association's governing committee [Committee] may be appealed to
5the Director within 30 days after such decision.
6    (2) All orders or decisions of the Director made pursuant
7to this Article are subject to judicial review in accordance
8with the Administrative Review Law.
9(Source: P.A. 82-783.)
10    (215 ILCS 5/528)  (from Ch. 73, par. 1065.75)
11    Sec. 528. Evaluation [Inspection] reports. There is no
12liability on the part of, and no cause of action against,
13[insurers,] the Inspector [Inspection Bureau], [the Facility,] the
14Association, the Association's governing committee [Governing ]
15[Committee], their agents or employees, or the Director or the 
16Director's [his] authorized representatives, with respect to any
17inspections or evaluations [required to be] undertaken by this
18Article or for any acts or omissions in connection therewith,
19or for any statements made in any report and communication
20concerning the insurability of the property, [or in the ]
21[findings required by the provisions of this Article,] or at the
22hearings or appeals conducted in connection with such
23evaluations [inspections]. The reports, records, and
24communications of the Inspector [Inspection Bureau], [the ]
25[Facility,] the Association, and [the records of] the
		SB2910 Enrolled	- 15 -	LRB104 17746 BAB 31177 b
1Association's governing committee [Governing Committee] are not
2considered public documents.
3(Source: Laws 1968, p. 15.)
4    (215 ILCS 5/529.2)  (from Ch. 73, par. 1065.76-2)
5    Sec. 529.2. Making of assessments.
6    (a) The participating insurers in the Association shall be 
7liable to the Association as provided in this Article, and the 
8Association's articles of association and plan of operation, 
9for the expenses and liabilities of the Association. If the 
10Association generates a loss in a financial year, the 
11Association may assess the loss to its then-members pursuant 
12to this Article, and the members shall pay to the Association 
13their assessed amounts within 30 days after the assessment. If 
14the Association generates a profit in a financial year, it may 
15distribute the profit to its then-members pursuant to this 
16Article, or it may retain the profit to offset past or future 
17losses.
18    (b) If there is an assessment or refund, the amount of each 
19member's assessment or refund shall be calculated by 
20multiplying the amount of the assessment or refund by a 
21fraction, the numerator of which is the member's direct 
22property insurance premiums earned in this State and the 
23denominator of which is the aggregate of such premiums for all 
24Association members for that year, and then adjusting the 
25assessment or refund pursuant to the then-existing Credit 
		SB2910 Enrolled	- 16 -	LRB104 17746 BAB 31177 b
1Depopulation Program.
2    (c) If any member fails to pay an assessment, by reason of 
3insolvency, the Association shall redistribute that insolvent 
4member's assessment amount among the remaining Association 
5members.
6[Whenever the Secretary shall, in accordance with the Act, ]
7[present to the State a request for reimbursement under the ]
8[Act, the Fund shall immediately assess all companies which, ]
9[during the calendar year with respect to which reimbursement ]
10[is requested by the Secretary, are engaged in writing property ]
11[insurance in this State. The amount of each such company's ]
12[assessment shall be calculated by multiplying the amount of ]
13[the reimbursement requested by the Secretary by a fraction the ]
14[numerator of which is the company's direct property insurance ]
15[premiums earned in this State and the denominator of which is ]
16[the aggregate of such premiums for all companies. Within 30 ]
17[days following the end of each full calendar quarter, each ]
18[company shall pay to the Fund an amount equal to one-twelfth of ]
19[the company's assessment.]
20(Source: P.A. 76-714.)
21    (215 ILCS 5/529.5)  (from Ch. 73, par. 1065.76-5)
22    Sec. 529.5. Association's annual report. The Association
23[Industry Placement Facility] shall compile an annual operating
24report, and publish such report on its website, or by other 
25means approved by the Director [in at least 2 newspapers having ]
		SB2910 Enrolled	- 17 -	LRB104 17746 BAB 31177 b
1[widespread circulation in the State], which report shall
2include:
3    (1) a description of the origin and purpose of the
4Association [Illinois Fair Plan] and its relationship to the
5property and casualty insurance industry in Illinois;
6    (2) a financial statement specifying the amount of profit
7or loss incurred by the Facility for its financial year; and
8    (3) a disclosure as to the amount of subsidization per
9type of policy written by the Association [Facility], which is
10provided by the property and casualty insurance companies
11operating in Illinois, if any.
12    This annual report shall be a matter of public record to be
13made available to any person requesting a copy from the
14Facility at a fee not to exceed $10 per copy. A copy shall be
15available for inspection at the Department of Insurance.
16    The Association shall pay any Fire Marshal tax and is not 
17required to file an annual statement.
18(Source: P.A. 93-32, eff. 7-1-03.)
19    (215 ILCS 5/530)  (from Ch. 73, par. 1065.77)
20    Sec. 530. Powers of the Director.[)] In addition to any
21powers conferred upon the Director [him] by this or any other
22law, the Director is charged with the authority to regulate
23[supervise] the Inspector [Inspection Bureau][, the Facility] and
24the Association. In addition, the Director or any person
25designated by the Director [him] has the power:
		SB2910 Enrolled	- 18 -	LRB104 17746 BAB 31177 b
1    (1) to examine the operation of the [Facility and]
2Association through free access to all the books, records,
3files, papers, and documents relating to the Association's
4[their] operation and may summon, qualify, and examine as
5witnesses all persons having knowledge of such operations
6including officers, agents, or employees thereof;
7    (2) (blank); [to do all things necessary to enable the ]
8[State of Illinois and any insurer participating in any Program ]
9[approved by the Director to fully participate in any federal ]
10[program of reinsurance which may be enacted for purposes ]
11[similar to the purposes of this Article;]
12    (3) to require such reports from insurers concerning risks
13insured under any Program approved pursuant to this Article as
14the Director [he] may deem necessary;
15    (4) to approve a homeowners policy form or homeowners 
16policy forms [form(s)] for the Association [Industry Placement ]
17[Program].
18    (5) To require the Association [Insurance Placement Program]
19to develop marketing programs which will deter urban redlining
20and other unfairly discriminatory geographic underwriting
21programs by making readily available basic property insurance
22[basic property insurance].
23    (6) to permit modification of the Standard Fire Policy
24issued by the Association [facility] for non-owner occupied [non ]
25[owner-occupied] residences exceeding 4 [four] units, as long as
26[after the director has conducted a public hearing which ]
		SB2910 Enrolled	- 19 -	LRB104 17746 BAB 31177 b
1[establishes that] such modifications:
2        (A) [1)] will provide for equitable settlements of loss;
3        (B) [2)] will discourage arson for profit; and
4        (C) [3)] will encourage neighborhood revitalization,
5    while maintaining the interests of the insured and the
6    Association [facility]. [The Director shall confer with the ]
7    [facility to establish criteria by which it can be ]
8    [determined whether such modification of the Standard Fire ]
9    [Policy is accomplishing its objectives. The Director shall ]
10    [conduct, within two years of any modification of the ]
11    [Standard Fire Policy, a public hearing to determine ]
12    [whether such modification has accomplished the three ]
13    [preceding objectives. In the event that such public ]
14    [hearing does not establish that such objectives are being ]
15    [accomplished, then the Director shall rescind the ]
16    [modification of the Standard Fire Policy, or further ]
17    [modify such policy to accomplish the objectives.]
18(Source: P.A. 82-499.)
19    (215 ILCS 5/525 rep.)
20    (215 ILCS 5/525.2 rep.)
21    (215 ILCS 5/525.4 rep.)
22    (215 ILCS 5/529 rep.)
23    (215 ILCS 5/529.1 rep.)
24    (215 ILCS 5/529.3 rep.)
25    (215 ILCS 5/530a rep.)
		SB2910 Enrolled	- 20 -	LRB104 17746 BAB 31177 b
1    Section 10. The Illinois Insurance Code is amended by
2repealing Sections 525, 525.2, 525.4, 529, 529.1, 529.3, and
3530a.
4    Section 99. Effective date. This Act takes effect January
51, 2027.
		SB2910 Enrolled	- 21 -	LRB104 17746 BAB 31177 b
1
  INDEX
2
  Statutes amended in order of appearance
3    215 ILCS 5/Art. XXXIII
4    heading
5    215 ILCS 5/143.22	from Ch. 73, par. 755.22
6    215 ILCS 5/522	from Ch. 73, par. 1065.69
7    215 ILCS 5/523	from Ch. 73, par. 1065.70
8    215 ILCS 5/524	from Ch. 73, par. 1065.71
9    215 ILCS 5/524.5 new
10    215 ILCS 5/525.1	from Ch. 73, par. 1065.72-1
11    215 ILCS 5/525.3	from Ch. 73, par. 1065.72-3
12    215 ILCS 5/527	from Ch. 73, par. 1065.74
13    215 ILCS 5/528	from Ch. 73, par. 1065.75
14    215 ILCS 5/529.2	from Ch. 73, par. 1065.76-2
15    215 ILCS 5/529.4	from Ch. 73, par. 1065.76-4
16    215 ILCS 5/529.5	from Ch. 73, par. 1065.76-5
17    215 ILCS 5/530	from Ch. 73, par. 1065.77
18    215 ILCS 5/525 rep.
19    215 ILCS 5/525.2 rep.
20    215 ILCS 5/525.4 rep.
21    215 ILCS 5/529 rep.
22    215 ILCS 5/529.1 rep.
23    215 ILCS 5/529.3 rep.
24    215 ILCS 5/530a rep.