Mike Hastings
- Democratic
- Senator
- District 19
Primary
Amends the Illinois Insurance Code. Creates the Insurance Rate Fairness and Consumer Protection Article. Provides that the Article may be cited as the Insurance Rate Fairness and Consumer Protection Law. Provides that rates shall not be excessive, inadequate, or unfairly discriminatory, as specified. Provides that companies issuing policies within the applicability of the Article shall not incorporate catastrophe or extreme event losses from other states into the development of Illinois rates if fully credible loss experience is available within the State of Illinois. Effective immediately.
No votes to display
Filed with Secretary by Sen. Michael E. Hastings
First Reading
Referred to Assignments
Added as Co-Sponsor Sen. Meg Loughran Cappel
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| Introduced | HTML PDF |
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