Public Act 093-0333
Public Act 93-0333 of the 93rd General Assembly
Public Act 93-0333
HB2379 Enrolled LRB093 07230 JLS 07386 b
AN ACT concerning insurers.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by
adding Section 155.39 as follows:
(215 ILCS 5/155.39 new)
Sec. 155.39. Slave era policies.
(a) The General Assembly finds and declares all of the
(1) Insurance policies from the slavery era have
been discovered in the archives of several insurance
companies, documenting insurance coverage for
slaveholders for damage to or death of their slaves,
issued by a predecessor insurance firm. These documents
provide the first evidence of ill-gotten profits from
slavery, which profits in part capitalized insurers whose
successors remain in existence today.
(2) Legislation has been introduced in Congress for
the past 10 years demanding an inquiry into slavery and
its continuing legacies.
(3) The Director of Insurance and the Department of
Insurance are entitled to seek information from the files
of insurers licensed and doing business in this State,
including licensed Illinois subsidiaries of international
insurance corporations, regarding insurance policies
issued to slaveholders by predecessor corporations. The
people of Illinois are entitled to significant historical
information of this nature.
(b) The Department shall request and obtain information
from insurers licensed and doing business in this State
regarding any records of slaveholder insurance policies
issued by any predecessor corporation during the slavery era.
(c) The Department shall obtain the names of any
slaveholders or slaves described in those insurance records,
and shall make the information available to the public and
the General Assembly.
(d) Any insurer licensed and doing business in this
State shall research and report to the Department with
respect to any records within the insurer's possession or
knowledge relating to insurance policies issued to
slaveholders that provided coverage for damage to or death of
(e) Descendants of slaves, whose ancestors were defined
as private property, dehumanized, divided from their
families, forced to perform labor without appropriate
compensation or benefits, and whose ancestors' owners were
compensated for damages by insurers, are entitled to full
Effective Date: 01/01/04