Antonio Muñoz
- Democratic
Primary
Amends the Illinois Insurance Code in the provision concerning credit that is allowed a domestic ceding insurer. Includes additional provisions under which credit shall be allowed when the reinsurance is ceded to an assuming insurer domiciled in certain categories of states. Includes additional requirements to apply to certain categories of assuming insurers. Makes changes to the provision concerning the inception, amendment, and renewal dates of reinsurance agreements. Includes additional provisions under which credit shall be allowed when the reinsurance is ceded to an assuming insurer certified in the State. Sets forth provisions concerning the suspension and revocation of a reinsurer's accreditation or certification, the concentration of risk, and applicability to reinsurance agreements. Makes other changes.
Session Sine Die
Added Alternate Chief Co-Sponsor Rep. JoAnn D. Osmond
Added Alternate Chief Co-Sponsor Rep. Jim Durkin
Third Reading - Passed; 056-000-000
Arrived in House
Chief House Sponsor Rep. Greg Harris
Placed on Calendar Order of First Reading
First Reading
Referred to Rules Committee
Placed on Calendar Order of 3rd Reading March 28, 2012
Second Reading
Do Pass Insurance; 009-000-000
Placed on Calendar Order of 2nd Reading March 21, 2012
Postponed - Insurance
Assigned to Insurance
Filed with Secretary by Sen. Antonio Muñoz
First Reading
Referred to Assignments
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Document | Format |
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| No related documents. |
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