Illinois General Assembly - Bill Status for SB3015
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 Bill Status of SB3015  98th General Assembly

Short Description:  INS CD-CIVIL PENALTY

Senate Sponsors
Sen. Iris Y. Martinez

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/154.8from Ch. 73, par. 766.8


Synopsis As Introduced
Amends 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.

Actions 
DateChamber Action
  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

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