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92_HB0094
LRB9200889JSpc
1 AN ACT to amend the Illinois Insurance Code by changing
2 Section 143.10b.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Insurance Code is amended by
6 changing Section 143.10b as follows:
7 (215 ILCS 5/143.10b) (from Ch. 73, par. 755.10b)
8 Sec. 143.10b. Loss information;, private passenger
9 automobile.
10 (1) A company All companies issuing a "policy of
11 automobile insurance" as defined in paragraph (a) of Section
12 143.13 of this Code shall, on or after January 1, 1990,
13 provide the following loss information for the 5 previous
14 policy years to the named insured within 30 days of the
15 insured's written request:
16 (a) on closed claims, date and description of
17 occurrence, and total amount of payments;
18 (b) on open claims, date and description of
19 occurrence and total amount of payments;
20 (c) for any occurrence not included in (a) or (b)
21 of this subsection, the date and description of
22 occurrence.
23 (2) If a company fails to provide the information as
24 required by this Section with such frequency so as to
25 indicate a practice of refusing to provide such information,
26 such failure shall constitute an unfair trade practice as
27 defined in Section 424 and subject to those hearing and
28 penalty provisions as set forth in Sections 425 through 434
29 of this Code.
30 (Source: P.A. 90-196, eff. 1-1-98.)