Illinois General Assembly - Bill Status for SB0818
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 Bill Status of SB0818  93rd General Assembly

Short Description:  INS USE OF CREDIT INFORMATION

Senate Sponsors
Sen. Denny Jacobs and Bill Brady

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act
215 ILCS 5/155.38 rep


Synopsis As Introduced
Creates the Use of Credit Information in Personal Insurance Act. Sets forth the manner in which credit information may be used in the underwriting and rating of personal insurance. Applies only to personal insurance. Provides for resolution of disputes over alleged errors in the credit information used by insurers. Requires insurers to file credit scoring models with the Department of Insurance. Effective October 1, 2003.

Actions 
DateChamber Action
  2/19/2003SenateFiled with Secretary by Sen. Denny Jacobs
  2/19/2003SenateCo-Sponsor Sen. Bill Brady
  2/19/2003SenateFirst Reading
  2/19/2003SenateReferred to Rules
  2/26/2003SenateAssigned to Insurance & Pensions
  3/5/2003SenatePostponed - Insurance & Pensions
  3/13/2003SenatePostponed - Insurance & Pensions
  3/14/2003SenateRule 3-9(a) / Re-referred to Rules
  1/11/2005SenateSession Sine Die

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