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SB 2560 Illinois Senate · 93rd Regular Session

INS SURPLUS LINE COVERAGE

Summary
Amends the Illinois Insurance Code in relation to surplus line insurance. Provides that surplus line insurance may be procured from unauthorized insurers or domestic surplus line insurers as defined. Requires each surplus line insurance policy or contract for insurance have stamped or imprinted on the first page of the policy or contract a notice to the policyholder that the issuing company is not covered by the Illinois Insurance Guaranty Fund because the issuing company is either (i) not authorized and licensed to transact business in Illinois or (ii) a domestic surplus line insurer. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2004
Committee Review
Apr 2004
Senate Passage
May 2004
House Passage
May 2004
Signed into Law
Aug 2004
Introduced Mar 2, 2004 Signed Aug 6, 2004
Floor votes · Senate Mar 2, 2004 · House May 11, 2004

How they voted

42–0
Passed · 3 other
Total votes 45
Mar 2, 2004
D Democratic25
23 Yea 2
92% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
31
Key actions
5
Committee
6
Aug 6, 2004
Signed into law
Governor Approved
upper
May 11, 2004
Upper · Passed
Passed Both Houses
upper
Apr 28, 2004
Lower · Passed
Do Pass / Short Debate Insurance Committee; 014-000-000
lower
Apr 20, 2004
Committee
Assigned to Insurance Committee
lower
Mar 3, 2004
Committee
Referred to Rules Committee
lower
Mar 2, 2004
Introduced
Arrived in House
lower
Mar 2, 2004
Senate · Passed
Senate Vote: pass (42-0-3)
senate
Feb 24, 2004
Upper · Passed
Do Pass Insurance & Pensions; 009-000-000
upper
Feb 18, 2004
Committee
Assigned to Insurance & Pensions
upper
Feb 3, 2004
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.