HB 3325

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Ins-Dept/Market Conduct Study

Abstract

Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Provides that the Department of Insurance shall file any market conduct studies seeking to levy fines against an insurance company with the General Assembly before each legislative session and the General Assembly must approve before any fines are leveled. Provides that the Department of Insurance shall conduct a hearing with the House Insurance Committee and Senate Insurance Committee before any further proceedings occur. Provides that before the release of announcements of the fines to the public, there shall be an appeal process scheduled within 30 days after the committee hearings.

Bill Sponsors (1)

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Actions


Apr 05, 2024

House

Rule 19(a) / Re-referred to Rules Committee

Mar 12, 2024

House

Assigned to Executive Committee

Mar 10, 2023

House

Rule 19(a) / Re-referred to Rules Committee

Feb 28, 2023

House

Assigned to Executive Committee

Feb 17, 2023

House

Filed with the Clerk by Rep. Thaddeus Jones

House

Referred to Rules Committee

House

First Reading

Bill Text

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Introduced HTML PDF

Related Documents

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Sources

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