Photo of William R. Haine
D Illinois Senate · District 56 · Former member

Sen. William R. Haine

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Total votes
17,305
all sessions
Attendance
91%
1,497 missed
Among the lowest in the chamber
With party
98%
of cast votes
Near the chamber average
Bipartisan score
1%
crosses aisle rarely
Near the chamber average
Sponsored
1,888
bills & resolutions
Higher than 90% of chamber peers
Committees
0
assignments
1,888 bills and resolutions

Sponsored bills

Total
1,888
Primary
0
Co-sponsor
1,888
This page
1,888
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Co-sponsor SB 1667
Signed into law · Illinois Senate · Co-sponsor
TITLE INS-REINSURANCE

Amends the Title Insurance Act. In provisions concerning reinsurance, provides that a title insurance company may obtain reinsurance for all or any part of its liability under one or more of its title insurance policies from an assuming insurer with a financial strength rating of A- or better from A.M. Best Company, Inc., or with an alternative rating the Department of Insurance may approve that the Department determines is an equivalent rating by another recognized rating organization. In provisions concerning retained liability, provides that the net retained liability of a title insurance company for a single risk on property located in the State, whether assumed directly or as reinsurance, may not exceed the total surplus (rather than 50% of the total surplus) to policyholders as shown in the most recent annual statement of the title insurance company on file with the Department. Provides that each title insurance company shall file annually with the Department a notice describing its professional reinsurance business, if any, and describing how risks are placed through reinsurance outside of the title insurance industry.

Signed into law Dec 15, 2017 1 co-sponsor
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