House Sponsors: MAUTINO-PARKE. Senate Sponsors: MADIGAN,R Short description: INS CD-CAPTION-AGENT CONTRACTS Synopsis of Bill as introduced: Amends the Illinois Insurance Code. Adds a caption to a Section concerning the termination of contracts between an independent agent and an insurance company. SENATE AMENDMENT NO. 1. Deletes reference to: 215 ILCS 5/141.02 Adds reference to: 215 ILCS 5/143.11b new Replaces the title and everything after the enacting clause. Amends the Illinois Insurance Code. Provides that an assignment or transfer of an insurance policy between insurers within an insurance company holding system or as the result of a merger, acquisition, or other restructuring is not a cancellation or nonrenewal that requires notice to the insured. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 91-0800 Last action date: 00-06-13 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status