INS-RATE FAIRNESS & CONS PROT Senate SponsorsSen. Michael E. Hastings and Meg Loughran Cappel 10/14/2025SenateReferred to Assignments 215 ILCS 5/Art. XLVIII heading new215 ILCS 5/1801 new215 ILCS 5/1802 new215 ILCS 5/1805 new215 ILCS 5/1810 new215 ILCS 5/1815 newAmends the Illinois Insurance Code. Creates the Insurance Rate Fairness and Consumer Protection Article. Provides that the Article may be cited as the Insurance Rate Fairness and Consumer Protection Law. Provides that rates shall not be excessive, inadequate, or unfairly discriminatory, as specified. Provides that companies issuing policies within the applicability of the Article shall not incorporate catastrophe or extreme event losses from other states into the development of Illinois rates if fully credible loss experience is available within the State of Illinois. Effective immediately. 10/14/2025SenateFiled with Secretary by Sen. Michael E. Hastings 10/14/2025SenateFirst Reading 10/14/2025SenateReferred to Assignments 10/14/2025SenateAdded as Co-Sponsor Sen. Meg Loughran Cappel