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IL SB1993
Bill
Status
6/25/2021
Primary Sponsor
Antonio Munoz
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AI Summary
Public Act 102-0037 (SB1993) Summary
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Transfers all powers, duties, and personnel of the Insurance Compliance Division from the Illinois Workers' Compensation Commission to the Department of Insurance, effective July 1, 2021.
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Department of Insurance assumes responsibility for investigating workers' compensation insurance non-compliance and issuing citations to non-compliant employers, with fines ranging from $500 to $2,500.
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Changes Section 4 of the Workers' Compensation Act to reference the Department of Insurance instead of the Commission's Insurance Compliance Division for investigator authority and citation issuance.
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Establishes the Department of Insurance's fraud and insurance non-compliance unit to investigate fraud and non-compliance under Section 25.5, with authority to issue subpoenas and refer violations for criminal prosecution.
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Modifies Section 29.2 to require insurers to report claim data to the Department of Insurance by June 1 (rather than March 1) annually for the state's workers' compensation insurance market oversight report.
Legislative Description
INSURANCE COMPLIANCE DIVISION
Last Action
Public Act . . . . . . . . . 102-0037
6/25/2021