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| | HB2842 Engrossed | | LRB103 27138 BMS 57245 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Insurance Code is amended by |
| 5 | | changing Sections 155.22 and 424 and by adding Section 143.13b |
| 6 | | as follows:
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| 7 | | (215 ILCS 5/143.13b new) |
| 8 | | Sec. 143.13b. Coverage for motor vehicle theft. Any policy |
| 9 | | of automobile insurance that carries comprehensive coverage |
| 10 | | may not exclude theft coverage for lack of evidence of |
| 11 | | forcible entry or for the insured leaving the vehicle unlocked |
| 12 | | or leaving a key or key fob in the motor vehicle.
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| 13 | | (215 ILCS 5/155.22) (from Ch. 73, par. 767.22)
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| 14 | | Sec. 155.22.
No company authorized to transact in this |
| 15 | | State the kinds
of business described in Classes 2 and 3 of |
| 16 | | Section 4, and no officer, director,
agent, clerk, employee or |
| 17 | | broker of such company shall upon proper application
refuse to |
| 18 | | provide insurance solely on the basis of
the specific |
| 19 | | geographic location
of the risk sought to be insured unless
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| 20 | | such refusal is for a business purpose which is not a mere |
| 21 | | pretext for
unfair discrimination.
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| 22 | | (Source: P.A. 84-1431.)
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| | HB2842 Engrossed | - 2 - | LRB103 27138 BMS 57245 b |
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| 1 | | (215 ILCS 5/424) (from Ch. 73, par. 1031)
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| 2 | | Sec. 424. Unfair methods of competition and unfair or |
| 3 | | deceptive acts or
practices defined. The following are hereby |
| 4 | | defined as unfair methods of
competition and unfair and |
| 5 | | deceptive acts or practices in the business of
insurance:
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| 6 | | (1) The commission by any person of any one or more of |
| 7 | | the acts
defined or prohibited by Sections 134, 143.24c, |
| 8 | | 147, 148, 149, 151, 155.22,
155.22a, 155.42,
236, 237, |
| 9 | | 364, 469, and 513b1 of this Code.
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| 10 | | (2) Entering into any agreement to commit, or by any |
| 11 | | concerted
action committing, any act of boycott, coercion |
| 12 | | or intimidation
resulting in or tending to result in |
| 13 | | unreasonable restraint of, or
monopoly in, the business of |
| 14 | | insurance.
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| 15 | | (3) Making or permitting, in the case of insurance of |
| 16 | | the types
enumerated in Classes 1, 2, and 3 of Section 4, |
| 17 | | any unfair discrimination
between individuals or risks of |
| 18 | | the same class or of essentially the same
hazard and |
| 19 | | expense element because of the race, color, religion, or |
| 20 | | national
origin, or geographic location of such insurance |
| 21 | | risks or applicants. The application of this Article
to |
| 22 | | the types of insurance enumerated in Class 1 of Section 4 |
| 23 | | shall in no way
limit, reduce, or impair the protections |
| 24 | | and remedies already provided for by
Sections 236 and 364 |
| 25 | | of this Code or any other provision of this Code.
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| 1 | | (4) Engaging in any of the acts or practices defined |
| 2 | | in or prohibited by
Sections 154.5 through 154.8 of this |
| 3 | | Code.
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| 4 | | (5) Making or charging any rate for insurance against |
| 5 | | losses arising
from the use or ownership of a motor |
| 6 | | vehicle which requires a higher
premium of any person by |
| 7 | | reason of his physical disability, race, color,
religion, |
| 8 | | or national origin.
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| 9 | | (6) Failing to meet any requirement of the Unclaimed |
| 10 | | Life Insurance Benefits Act with such frequency as to |
| 11 | | constitute a general business practice. |
| 12 | | (Source: P.A. 102-778, eff. 7-1-22.)
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| 13 | | Section 99. Effective date. This Act takes effect 60 days |
| 14 | | after becoming law.
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