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Insurance-accident Statement

It became law on Aug 23, 2011.

IL SB 1553 · Senate Bill · 97th

Stage
Became law
Started in
Senate
Sponsor
William R. Haine
Latest action
Aug 23, 2011

What it does

Amends the Illinois Insurance Code. Provides that statements of the aggregate administrative expenses of the carrier that a carrier providing a group or individual major medical policy of accident or health insurance shall prepare and provide to the Department of Insurance shall be filed annually (rather than every 6 months) and that the statements shall be filed on or before April 1 for the preceding calendar year. Makes related changes. Effective immediately.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Aug 23, 2011

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Illinois. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

INSURANCE-ACCIDENT STATEMENT | 52