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92nd General Assembly

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Public Act 92-0399

SB869 Enrolled                                 LRB9200952JSpc

    AN ACT to amend the Illinois Insurance Code  by  changing
Section 424.

    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
changing Section 424 as follows:

    (215 ILCS 5/424) (from Ch. 73, par. 1031)
    Sec.  424.   Unfair  methods of competition and unfair or
deceptive acts or practices defined. The following are hereby
defined as unfair  methods  of  competition  and  unfair  and
deceptive acts or practices in the business of insurance:
    (1)  The  commission  by any person of any one or more of
the acts defined or prohibited by  Sections  134,  147,  148,
149,  151,  155.22,  155.22a,  236, 237, 364, and 469 of this
Code.
    (2)  Entering into any agreement to  commit,  or  by  any
concerted  action committing, any act of boycott, coercion or
intimidation  resulting  in   or   tending   to   result   in
unreasonable  restraint  of,  or monopoly in, the business of
insurance.
    (3)  Making or permitting, in the case  of  insurance  of
the types enumerated in Classes 1, 2, and 3 of Section 4, any
unfair  discrimination  between  individuals  or risks of the
same class or of essentially  the  same  hazard  and  expense
element  because  of  the  race, color, religion, or national
origin of such insurance risks or applicants. The application
of this Article to the types of insurance enumerated in Class
1 of Section 4 shall in no way limit, reduce, or  impair  the
protections and remedies already provided for by Sections 236
and 364 of this Code or any other provision of this Code.
    (4)  Engaging  in any of the acts or practices defined in
or prohibited by Sections 154.5 through  154.8  of  the  this
Insurance Code.
    (5)  Making  or  charging  any rate for insurance against
losses arising from the use or ownership of a  motor  vehicle
which  requires  a  higher premium of any person by reason of
his physical handicap, race,  color,  religion,  or  national
origin.
(Source: P.A. 90-245, eff. 1-1-98.)

    Section  99.  Effective date.  This Act takes effect upon
becoming law.
    Passed in the General Assembly May 22, 2001.
    Approved August 16, 2001.

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