IL SB3263

Amends the Illinois Insurance Code to add failure to pay applicable tax, title, and transfer fees for replacement vehicles in total loss claims as an improper claims practice.

Applies to domestic, foreign, and alien insurance companies transacting business in Illinois for both first-party and third-party claims.

Requires that such failure be committed knowingly in violation of the Insurance Code, occur with sufficient frequency to indicate a persistent tendency, and lack just cause.

Takes effect immediately upon becoming law.