REGULATION-TECH Senate SponsorsSen. William R. Haine 1/12/2011SenateSession Sine Die 215 ILCS 5/143.24d newAmends the Illinois Insurance Code. Provides that insurers shall arbitrate and settle all disputed claims made for automobile physical damage between them in accordance with the terms of and rules adopted pursuant to the Nationwide Inter-Company Arbitration Agreement unless the parties agree to use another forum. Provides that mandatory arbitration shall be limited solely to the issues of liability and damages. Provides that every insurer licensed to issue a policy of automobile insurance shall be a signatory of the Nationwide Inter-Company Arbitration Agreement or any successor thereto. Effective immediately.Senate Committee Amendment No. 1 Deletes reference to:215 ILCS 5/143.24d newAdds reference to:215 ILCS 5/126.21Deletes everything after the enacting clause. Amends the Illinois Insurance Code. Makes a technical change in a Section concerning property and casualty insurers. 1/28/2010SenateFiled with Secretary by Sen. William R. Haine 1/28/2010SenateFirst Reading 1/28/2010SenateReferred to Assignments 2/16/2010SenateAssigned to Insurance 2/24/2010SenatePostponed - Insurance 3/2/2010SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine 3/2/2010SenateSenate Committee Amendment No. 1 Referred to Assignments 3/3/2010SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance 3/4/2010SenateSenate Committee Amendment No. 1 Adopted 3/4/2010SenateDo Pass as Amended Insurance; 007-005-000 3/4/2010SenatePlaced on Calendar Order of 2nd Reading March 9, 2010 6/27/2010SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/12/2011SenateSession Sine Die