House Sponsors: MAUTINO-BRADY-PERSICO-LOPEZ-GRANBERG, BUGIELSKI, PARKE AND OSMOND. Senate Sponsors: O'MALLEY-BERMAN Short description: INS RISK-RETENTION LAW CHOICE Synopsis of Bill as introduced: Amends the Illinois Insurance Code. Provides that a risk retention group organized in a state other than Illinois that selects Illinois law to govern its policies may provide coverage for punitive damages and the multiplied portion of multiple damages if those coverages are permitted by the law of the state where the risk retention group is organized. Effective immediately. FISCAL NOTE (Department of Insurance) HB812 will have no fiscal impact on the Department. Last action on Bill: PUBLIC ACT.............................. 91-0292 Last action date: 99-07-29 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status