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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

2026-07-06 17:27:20 -04:00

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Bill

TITLE INS-REINSURANCE

Amends the Title Insurance Act. In provisions concerning reinsurance, provides that a title insurance company may obtain reinsurance for all or any part of its liability under one or more of its title insurance policies from an assuming insurer with a financial strength rating of A- or better from A.M. Best Company, Inc., or with an alternative rating the Department of Insurance may approve that the Department determines is an equivalent rating by another recognized rating organization. In provisions concerning retained liability, provides that the net retained liability of a title insurance company for a single risk on property located in the State, whether assumed directly or as reinsurance, may not exceed the total surplus (rather than 50% of the total surplus) to policyholders as shown in the most recent annual statement of the title insurance company on file with the Department. Provides that each title insurance company shall file annually with the Department a notice describing its professional reinsurance business, if any, and describing how risks are placed through reinsurance outside of the title insurance industry.

us/states/il

Illinois General Assembly

100th

SB 1667

Illinois SB 1667 (100th)

bill

enacted

2017-02-09

2017-12-15

openstates

ocd-bill/1bad8380-03c3-463c-a4b7-d2a01d6a9512

http://ilga.gov/legislation/BillStatus.asp?DocNum=1667&GAID=14&DocTypeID=SB&LegId=104451&SessionID=91&GA=100

bfd5804d8cbce91b4b9a4d3d98d22b5e2215d0968ae4b711d770dd20ed926c34

2026-07-01

https://data.openstates.org/daily/2026-07-01/public.pgdump

2026-07-06

reported

legislation

bill

us-il

Illinois SB 1667 (100th) — TITLE INS-REINSURANCE

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

Introduced (filed) — source
Engrossed (committee substitute) — source
Enrolled (enrolled) — source

Votes

Third Reading — 49–0 (pass) · upper
Third Reading — 104–0 (pass) · lower

Timeline

The legislative action history — every referral, reading, and vote.

2017-02-09 Filed with Secretary by Sen. William R. Haine filing
2017-02-09 First Reading reading-1
2017-02-09 Referred to Assignments referral-committee
2017-02-28 Assigned to Judiciary referral-committee
2017-02-28 Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine amendment-introduction
2017-02-28 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
2017-03-07 Senate Committee Amendment No. 1 Assignments Refers to Judiciary
2017-03-07 Senate Committee Amendment No. 1 Adopted amendment-passage
2017-03-08 Do Pass as Amended Judiciary; 011-000-000 committee-passage
2017-03-08 Placed on Calendar Order of 2nd Reading March 9, 2017
2017-03-27 Senate Floor Amendment No. 2 Filed with Secretary by Sen. William R. Haine amendment-introduction
2017-03-27 Senate Floor Amendment No. 2 Referred to Assignments referral-committee
2017-04-04 Senate Floor Amendment No. 2 Assignments Refers to Judiciary
2017-04-06 Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 008-000-000
2017-04-28 Rule 2-10 Third Reading Deadline Established As May 31, 2017 reading-3
2017-05-03 Added as Chief Co-Sponsor Sen. John G. Mulroe
2017-05-04 Second Reading reading-2
2017-05-04 Senate Floor Amendment No. 2 Adopted; Haine amendment-passage
2017-05-04 Placed on Calendar Order of 3rd Reading May 5, 2017
2017-05-05 Third Reading - Passed; 049-000-001 reading-3, passage
2017-05-08 Arrived in House introduction
2017-05-08 Chief House Sponsor Rep. Michael J. Zalewski
2017-05-09 First Reading reading-1
2017-05-09 Referred to Rules Committee referral-committee
2017-05-15 Assigned to Executive Committee referral-committee
2017-05-19 Committee Deadline Extended-Rule 9(b) May 26, 2017
2017-05-26 Final Action Deadline Extended-9(b) May 31, 2017
2017-05-29 House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski amendment-introduction
2017-05-29 House Committee Amendment No. 1 Referred to Rules Committee referral-committee
2017-05-30 House Committee Amendment No. 1 Rules Refers to Executive Committee
2017-05-30 House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski amendment-introduction
2017-05-30 House Committee Amendment No. 2 Referred to Rules Committee referral-committee
2017-05-30 House Committee Amendment No. 2 Rules Refers to Executive Committee
2017-05-31 Rule 19(a) / Re-referred to Rules Committee referral-committee
2017-05-31 House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee referral-committee
2017-05-31 House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee referral-committee
2017-10-17 Assigned to Executive Committee referral-committee
2017-10-17 To Gaming Subcommittee
2017-10-23 Alternate Chief Sponsor Changed to Rep. Robert Martwick
2017-10-25 House Committee Amendment No. 1 Motion Filed to Table Rep. Michael J. Zalewski
2017-10-25 House Committee Amendment No. 2 Motion Filed to Table Rep. Michael J. Zalewski
2017-10-25 House Committee Amendment No. 1 Motion to Table Referred to Rules Committee referral-committee
2017-10-25 House Committee Amendment No. 2 Motion to Table Referred to Rules Committee referral-committee
2017-10-26 Recommends Do Pass Subcommittee/ Executive Committee; 003-000-000 committee-passage
2017-10-26 Reported Back To Executive Committee;
2017-10-26 Do Pass / Short Debate Executive Committee; 011-000-000 committee-passage
2017-10-26 Placed on Calendar 2nd Reading - Short Debate
2017-10-26 House Committee Amendment No. 1 Tabled Pursuant to Rule 40 amendment-failure
2017-10-26 House Committee Amendment No. 2 Tabled Pursuant to Rule 40 amendment-failure
2017-10-26 House Committee Amendment No. 1 Motion to Table Amendment - Tabled withdrawal
2017-10-26 House Committee Amendment No. 2 Motion to Table Amendment - Tabled withdrawal
2017-10-26 Final Action Deadline Extended-9(b) November 10, 2017
2017-10-26 Second Reading - Short Debate reading-2
2017-10-26 Placed on Calendar Order of 3rd Reading - Short Debate
2017-11-08 Third Reading - Short Debate - Passed 104-000-002 reading-3, passage
2017-11-08 Passed Both Houses
2017-12-07 Sent to the Governor executive-receipt
2017-12-15 Governor Approved executive-signature
2017-12-15 Effective Date June 1, 2018
2017-12-15 Public Act . . . . . . . . . 100-0570 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1bad8380-03c3-463c-a4b7-d2a01d6a9512. Confidence: reported (aggregated from official Illinois legislature records).

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