<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2724</title>
<shortdesc>INS-DECEPTIVE PRACTICES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Julie A. Morrison</sponsors>
</sponsor>
<lastaction>
<statusdate>10/28/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>215 ILCS 5/424</reference><aliasreference>from Ch. 73, par. 1031</aliasreference><SynopsisText>Amends the Illinois Insurance Code. Provides that, unless certain conditions are met, it is an unfair method of competition and an unfair and deceptive act or practice in the business of insurance to solicit an individual who is over the age of 65, as described in provisions concerning an individual who has executed a health care power of attorney or has a medical condition, such as dementia, that reduces the person's capacity to make informed decisions independently, (instead of to solicit an individual who is over the age of 65) to purchase accident or health insurance. Effective January 1, 2026.</SynopsisText></synopsis>
<actions>
<statusdate>10/28/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Julie A. Morrison</action>
<statusdate>10/28/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>10/28/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</actions>
</xml>
