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IL SB1604

Bill

Official Source

Status

Failed

1/13/2015

Primary Sponsor

Mattie Hunter

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Amends Section 143.15 of the Illinois Insurance Code regarding mailing of insurance cancellation notices
  • Requires cancellation notices be mailed at least 30 days before the effective date of cancellation to the named insured and mortgagee or lien holder
  • Requires cancellation notices include a specific explanation of the reason or reasons for cancellation
  • Requires cancellation notices for nonpayment of premium be mailed at least 10 days before the effective date of cancellation
  • Allows mortgagees or lien holders to opt to receive cancellation notifications electronically

Legislative Description

REGULATION-TECH

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments2/13/2013

Full Bill Text

No bill text available