INS CD-MANDATORY ARBITRATION Senate SponsorsSen. William R. Haine House Sponsors(Rep. Angelo Saviano-Karen May-Robert W. Pritchard) 8/24/2011SenatePublic Act . . . . . . . . . 97-0513 215 ILCS 5/143.24d newAmends the Illinois Insurance Code. Provides that insurers shall arbitrate and settle all disputed claims made for automobile physical damage between them in accordance with the terms of and rules adopted pursuant to the Nationwide Inter-Company Arbitration Agreement unless the parties agree to use another forum. Provides that mandatory arbitration shall be limited solely to the issues of liability and damages. Provides that every insurer licensed to issue a policy of automobile insurance shall be a signatory of the Nationwide Inter-Company Arbitration Agreement or any successor thereto. Effective immediately.Senate Floor Amendment No. 1 Provides that insurers shall arbitrate and settle all disputed claims in the amount of $10,000 or less (instead of all disputed claims).Senate Floor Amendment No. 2 Provides that mandatory arbitration of disputed claims shall be limited solely to the issues of automotive physical damage liability and automotive physical damages (instead of issues of liability and damages).House Committee Amendment No. 1 Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that with respect to physical damage subrogation claims arising from auto damages incurred on or after January 1, 2012, insurers shall arbitrate and settle such claims where the amount in controversy, exclusive of the costs of the arbitration, is less than $2,500. Provides that the arbitration shall be in accordance with the terms of and rules adopted pursuant to the Nationwide Inter-Company Arbitration Agreement. Sets forth provisions concerning alternate forums and mandatory arbitration. Provides that nothing in the provision concerning the arbitration of physical damage subrogation claims shall be interpreted to require an insurer to become a member of any organization or to sign the Nationwide Inter-Company Arbitration Agreement. Effective January 1, 2012. 2/8/2011SenateFiled with Secretary by Sen. William R. Haine 2/8/2011SenateFirst Reading 2/8/2011SenateReferred to Assignments 2/9/2011SenateAssigned to Insurance 3/10/2011SenateDo Pass Insurance; 009-000-002 3/10/2011SenatePlaced on Calendar Order of 2nd Reading March 14, 2011 4/7/2011SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. William R. Haine 4/7/2011SenateSenate Floor Amendment No. 1 Referred to Assignments 4/7/2011SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. William R. Haine 4/7/2011SenateSenate Floor Amendment No. 2 Referred to Assignments 4/7/2011SenateSenate Floor Amendment No. 1 Assignments Refers to Insurance 4/7/2011SenateSenate Floor Amendment No. 2 Assignments Refers to Insurance 4/11/2011SenateSecond Reading 4/11/2011SenatePlaced on Calendar Order of 3rd Reading April 12, 2011 4/12/2011SenateSenate Floor Amendment No. 1 Recommend Do Adopt Insurance; 008-000-000 4/12/2011SenateSenate Floor Amendment No. 2 Recommend Do Adopt Insurance; 008-000-000 4/15/2011SenateRecalled to Second Reading 4/15/2011SenateSenate Floor Amendment No. 1 Adopted; Haine 4/15/2011SenateSenate Floor Amendment No. 2 Adopted; Haine 4/15/2011SenatePlaced on Calendar Order of 3rd Reading 4/15/2011SenateThird Reading - Passed; 053-000-000 4/15/2011HouseArrived in House 4/15/2011HousePlaced on Calendar Order of First Reading 4/15/2011HouseChief House Sponsor Rep. Angelo Saviano 4/15/2011HouseFirst Reading 4/15/2011HouseReferred to Rules Committee 4/25/2011HouseAssigned to Insurance Committee 5/2/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Angelo Saviano 5/2/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee 5/3/2011HouseHouse Committee Amendment No. 1 Rules Refers to Insurance Committee 5/3/2011HouseHouse Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote 5/3/2011HouseDo Pass as Amended / Short Debate Insurance Committee; 013-000-000 5/4/2011HousePlaced on Calendar 2nd Reading - Short Debate 5/9/2011HouseAdded Alternate Chief Co-Sponsor Rep. Karen May 5/10/2011HouseSecond Reading - Short Debate 5/10/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/11/2011HouseThird Reading - Short Debate - Passed 114-000-000 5/11/2011HouseAdded Alternate Chief Co-Sponsor Rep. Robert W. Pritchard 5/12/2011SenateSecretary's Desk - Concurrence House Amendment(s) 1 5/12/2011SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 13, 2011 5/12/2011SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. William R. Haine 5/12/2011SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 5/24/2011SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive 5/25/2011SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 015-000-000 5/27/2011SenateHouse Committee Amendment No. 1 Senate Concurs 056-000-000 5/27/2011SenatePassed Both Houses 6/24/2011SenateSent to the Governor 8/23/2011SenateGovernor Approved 8/23/2011SenateEffective Date January 1, 2012 8/24/2011SenatePublic Act . . . . . . . . . 97-0513