INS CD-CIVIL PENALTY Senate SponsorsSen. Iris Y. Martinez 1/13/2015SenateSession Sine Die 215 ILCS 5/154.8from Ch. 73, par. 766.8Amends the Illinois Insurance Code. Provides that if, after a hearing pursuant to the Code, the Director of Insurance finds that a company has engaged in an improper claims practice, the Director shall order the company to cease and desist from such practices and, in the exercise of reasonable discretion, may suspend the company's certificate of authority for a period not to exceed 6 months or impose a civil penalty of up to $375,000 (rather than $250,000), or both. 2/7/2014SenateFiled with Secretary by Sen. Iris Y. Martinez 2/7/2014SenateFirst Reading 2/7/2014SenateReferred to Assignments 2/19/2014SenateAssigned to Insurance 2/27/2014SenatePostponed - Insurance 3/28/2014SenateRule 3-9(a) / Re-referred to Assignments 1/13/2015SenateSession Sine Die