INS VEXATIOUS DAMAGE LIMIT Senate SponsorsSen. Don Harmon House Sponsors(Rep. Elaine Nekritz-Terry R. Parke-Sidney H. Mathias-William Delgado-Jack D. Franks and Dan Brady) 8/8/2003SenatePublic Act . . . . . . . . . 93-0485 215 ILCS 5/143afrom Ch. 73, par. 755a215 ILCS 5/143dfrom Ch. 73, par. 755d215 ILCS 5/154.5from Ch. 73, par. 766.5215 ILCS 5/155from Ch. 73, par. 767Amends the Illinois Insurance Code. Increases the penalties for unreasonable and vexatious delay. Provides that arbitration with respect to claims under uninsured motorists coverage is binding in all cases. Authorizes a cause of action by persons who are damaged by improper claims practices. Requires the Department of Insurance to publish and make available to the general public information it obtains relating to consumer complaints.Senate Committee Amendment No. 1 Deletes reference to:215 ILCS 5/143d215 ILCS 5/154.5Deletes provisions requiring the Department of Insurance to publish information regarding policyholder inquiries to companies' customer affairs and information departments. Deletes provisions authorizing a cause of action for improper claims practices. Reduces proposed damage limitations for vexatious and unreasonable delays in settling claims.Fiscal Note (S-AM1) (Department of Insurance) This bill would have minimal fiscal impact.Senate Floor Amendment No. 3 Deletes reference to:215 ILCS 5/143d215 ILCS 5/154.5Replaces everything after the enacting clause. Deletes provisions requiring the Department of Insurance to publish information regarding policyholder inquiries to companies' customer affairs and information departments. Deletes provisions authorizing a cause of action for improper claims practices. Reduces proposed damage limitations for vexatious and unreasonable delays in settling claims. Provides that arbitration with respect to claims under uninsured motorist coverage is binding for damages not exceeding $50,000 per person, $100,000 per occurrence, or the corresponding policy limits for bodily injury or death, whichever is less. 2/20/2003SenateFiled with Secretary by Sen. Don Harmon 2/20/2003SenateFirst Reading 2/20/2003SenateReferred to Rules 2/27/2003SenateAssigned to Insurance & Pensions 3/10/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon 3/10/2003SenateSenate Committee Amendment No. 1 Referred to Rules 3/11/2003SenateSenate Committee Amendment No. 1 Rules Refers to Insurance & Pensions 3/11/2003SenateSenate Committee Amendment No. 1 Adopted 3/13/2003SenateDo Pass as Amended Insurance & Pensions; 008-000-000 3/13/2003SenatePlaced on Calendar Order of 2nd Reading March 18, 2003 3/19/2003SenateFiscal Note Requested by Sen. Bill Brady 3/26/2003SenateFiscal Note Filed 3/27/2003SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon 3/27/2003SenateSenate Floor Amendment No. 2 Referred to Rules 4/2/2003SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Don Harmon 4/2/2003SenateSenate Floor Amendment No. 3 Referred to Rules 4/2/2003SenateSenate Floor Amendment No. 2 Rules Refers to Insurance & Pensions 4/2/2003SenateSenate Floor Amendment No. 3 Rules Refers to Insurance & Pensions 4/2/2003SenateSenate Floor Amendment No. 2 Postponed - Insurance & Pensions 4/2/2003SenateSenate Floor Amendment No. 3 Be Adopted Insurance & Pensions; 009-000-000 4/2/2003SenateSecond Reading 4/2/2003SenateSenate Floor Amendment No. 3 Adopted; Harmon 4/2/2003SenatePlaced on Calendar Order of 3rd Reading April 3, 2003 4/4/2003SenateThird Reading - Passed; 055-000-000 4/4/2003SenateSenate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a) 4/7/2003HouseArrived in House 4/7/2003HousePlaced on Calendar Order of First Reading 4/8/2003HouseChief House Sponsor Rep. Terry R. Parke 4/9/2003HouseFirst Reading 4/9/2003HouseReferred to Rules Committee 4/10/2003HouseAssigned to Insurance Committee 4/10/2003HouseAlternate Chief Sponsor Changed to Rep. Elaine Nekritz 4/10/2003HouseAdded Alternate Chief Co-Sponsor Rep. Terry R. Parke 4/30/2003HouseDo Pass / Short Debate Insurance Committee; 012-000-000 4/30/2003HousePlaced on Calendar 2nd Reading - Short Debate 5/8/2003HouseSecond Reading - Short Debate 5/8/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/9/2003HouseAdded Alternate Chief Co-Sponsor Rep. Sidney H. Mathias 5/9/2003HouseAdded Alternate Chief Co-Sponsor Rep. William Delgado 5/9/2003HouseAdded Alternate Chief Co-Sponsor Rep. Jack D. Franks 5/16/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 23, 2003 5/21/2003HouseAdded Alternate Co-Sponsor Rep. Dan Brady 5/21/2003HouseThird Reading - Short Debate - Passed 115-000-000 5/21/2003SenatePassed Both Houses 6/19/2003SenateSent to the Governor 8/8/2003SenateGovernor Approved 8/8/2003SenateEffective Date January 1, 2004 8/8/2003SenatePublic Act . . . . . . . . . 93-0485