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IL SB2464
Bill
AI Summary
- Amends Section 355 of the Illinois Insurance Code regarding accident and health insurance policies
- Makes a technical correction to the section title by changing "and and" to "and"
- Requires insurance companies to file policy forms, risk classifications, and premium rates with the Director before issuing or delivering policies
- Requires the Director to approve policies pursuant to Section 143 before they can be issued or delivered
- Requires the Director to provide written decisions explaining disapprovals and prohibits companies from issuing policies in disapproved forms
Legislative Description
REGULATION-TECH
Last Action
Session Sine Die
1/9/2019
Committee Referrals
Assignments1/30/2018
Full Bill Text
No bill text available