Bill Text: IL SB1899 | 2017-2018 | 100th General Assembly | Introduced

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Bill Title: Amends Illinois Insurance Code. Provides that no insurance company that is authorized to do business in this State and which issues policies for personal multiperil property coverage, commonly known as homeowners insurance, may increase the premiums on that insurance based upon claims arising from third-party fault or actions not caused by the policyholder.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB1899 Detail]

Download: Illinois-2017-SB1899-Introduced.html

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100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 SB1899 Introduced 2/10/2017, by Sen. Chuck Weaver SYNOPSIS AS INTRODUCED:
215 ILCS 5/143.10d new
Amends Illinois Insurance Code. Provides that no insurance company that is authorized to do business in this State and which issues policies for personal multiperil property coverage, commonly known as homeowners insurance, may increase the premiums on that insurance based upon claims arising from third-party fault or actions not caused by the policyholder.
LRB100 09330 RJF 19491 b
A BILL FOR
SB1899 LRB100 09330 RJF 19491 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by adding
Section 143.10d as follows:
(215 ILCS 5/143.10d new)
Sec. 143.10d. Homeowners insurance premiums; third-party
fault. No insurance company that is authorized to do business
in this State and which issues policies for personal multiperil
property coverage, commonly known as homeowners insurance, may
increase the premiums on that insurance based upon claims
arising from third-party fault or actions not caused by the
policyholder.