Date	Chamber	Action
2/7/2025	Senate	Referred to Assignments

Statutes Amended In Order of Appearance

215 ILCS 5/143.15

from Ch. 73, par. 755.15

215 ILCS 5/143.17

from Ch. 73, par. 755.17

215 ILCS 5/Art. XLVIII heading new

215 ILCS 5/1801 new

215 ILCS 5/1805 new

215 ILCS 5/1810 new

215 ILCS 5/1815 new

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that specified notices of cancellation of insurance must be mailed at least 30 days prior to the effective date of cancellation to the named insured if the effective date of cancellation is within the first 60 days of coverage. Provides that, after the coverage has been effective for 61 days or more, all notices must be mailed at least 60 days prior to the effective date of cancellation. Makes conforming changes. Creates the Climate Risk Disclosure Article. Provides that the Article applies to all companies licensed in Illinois under Classes 2 and 3 that write $100,000,000 or more annually in premiums. Allows the monetary threshold to be altered by rule. Requires all insurers subject to the Article to, upon direction from the Department of Insurance, participate in National Association of Insurance Commissioners issued climate surveys and Department issued climate surveys.

Actions 

Date	Chamber	Action
2/7/2025	Senate	Filed with Secretary by Sen. Laura Ellman
2/7/2025	Senate	First Reading
2/7/2025	Senate	Referred to Assignments

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