Bill Text: IL SB1967 | 2019-2020 | 101st General Assembly | Introduced

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Bill Title: Amends the Illinois Insurance Code. Provides that no insurer may increase the premium or rate charged on a policy of motor vehicle insurance or cancel such policy as a result of the insured person's involvement in a multivehicle accident or car theft when the insured person was not at fault in such accident or car theft.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1967 Detail]

Download: Illinois-2019-SB1967-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB1967 Introduced 2/15/2019, by Sen. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED:
215 ILCS 5/143.24e new
Amends the Illinois Insurance Code. Provides that no insurer may increase the premium or rate charged on a policy of motor vehicle insurance or cancel such policy as a result of the insured person's involvement in a multivehicle accident or car theft when the insured person was not at fault in such accident or car theft.
LRB101 09509 RAB 54607 b
A BILL FOR
SB1967 LRB101 09509 RAB 54607 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by adding
Section 143.24e as follows:
(215 ILCS 5/143.24e new)
Sec. 143.24e. Premium increase or cancellation prohibited.
An insurer shall not increase the premium or rate charged on a
policy of motor vehicle insurance or cancel such policy as a
result of the insured person's involvement in a multivehicle
accident or car theft when the insured person was not at fault
in such accident or car theft.