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IL SB3933
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Julie Morrison
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AI Summary
- Amends the Illinois Insurance Code to require insurers with reasonable belief of insurance fraud to report directly to the Attorney General, National Insurance Crime Bureau, or National Association of Insurance Commissioners
- Removes the Director of Insurance's authority to promulgate rules requiring insurers to report suspected fraudulent claims, applications, or premium fraud
- Eliminates provisions allowing the Director to designate data processing organizations or governmental agencies to assist in gathering and compiling fraud information
- Allows any person with reasonable belief of insurance fraud, or who collects/analyzes fraud information, to voluntarily report suspected activity to the Attorney General or authorized insurer representatives
- Maintains existing immunity from civil liability and criminal prosecution for insurers and persons who furnish fraud information in the absence of malice
Legislative Description
INS CD-FRAUD REPORTING
Last Action
Referred to Assignments
2/6/2026
Committee Referrals
Assignments2/6/2026
Full Bill Text
No bill text available