Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
6.1 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
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| Bill | INS CD-ANNUAL STATEMENTS | Amends the Illinois Insurance Code. Provides that every property and casualty insurance company doing business in this State, unless otherwise exempted by the Director of Insurance, shall annually submit the opinion of an appointed actuary entitled "Statement of Actuarial Opinion". Provides that the opinion shall be filed in accordance with the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions. Provides that every property and casualty insurance company domiciled in this State that is required to submit a Statement of Actuarial Opinion shall annually submit an Actuarial Opinion Summary, written by the company's appointed actuary. Provides that an Actuarial Report and underlying workpapers as required by the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions shall be prepared to support each Actuarial Opinion. Provides that the appointed actuary shall not be liable for damages to any person (other than the insurance company and the Director) for any act, error, omission, decision, or conduct with respect to the actuary's opinion, except in cases of fraud or willful misconduct on the part of the appointed actuary. Makes other changes. Effective immediately. | us/states/il | Illinois General Assembly | 96th | HB 394 | Illinois HB 394 (96th) |
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enacted | 3 | 25 | 2 | 2009-02-02 | 2009-08-07 | openstates | ocd-bill/93513e6e-37db-4d4a-99c7-9041f97ae28d | http://ilga.gov/legislation/BillStatus.asp?DocNum=394&GAID=10&DocTypeID=HB&LegId=40684&SessionID=76&GA=96 | 907a1258eb4a3879af8af899cbf1125f4adedf439f4df94e7f36dee7bbb3fd61 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 394 (96th) — INS CD-ANNUAL STATEMENTS
Amends the Illinois Insurance Code. Provides that every property and casualty insurance company doing business in this State, unless otherwise exempted by the Director of Insurance, shall annually submit the opinion of an appointed actuary entitled "Statement of Actuarial Opinion". Provides that the opinion shall be filed in accordance with the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions. Provides that every property and casualty insurance company domiciled in this State that is required to submit a Statement of Actuarial Opinion shall annually submit an Actuarial Opinion Summary, written by the company's appointed actuary. Provides that an Actuarial Report and underlying workpapers as required by the appropriate National Association of Insurance Commissioners Property and Casualty Annual Statement Instructions shall be prepared to support each Actuarial Opinion. Provides that the appointed actuary shall not be liable for damages to any person (other than the insurance company and the Director) for any act, error, omission, decision, or conduct with respect to the actuary's opinion, except in cases of fraud or willful misconduct on the part of the appointed actuary. Makes other changes. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 110–0 (pass) · lower
- Third Reading — 57–0 (pass) · upper
Sponsors
- Dan Brady — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2009-02-02 Filed with the Clerk by Rep. Dan Brady
filing - 2009-02-03 First Reading
reading-1 - 2009-02-03 Referred to Rules Committee
referral-committee - 2009-02-09 Assigned to Insurance Committee
referral-committee - 2009-02-18 Do Pass / Short Debate Insurance Committee; 020-000-000
committee-passage - 2009-02-19 Placed on Calendar 2nd Reading - Short Debate
- 2009-02-24 Second Reading - Short Debate
reading-2 - 2009-02-24 Placed on Calendar Order of 3rd Reading - Short Debate
- 2009-03-04 Third Reading - Short Debate - Passed 110-000-000
reading-3, passage - 2009-03-05 Arrive in Senate
introduction - 2009-03-05 Placed on Calendar Order of First Reading March 6, 2009
reading-1 - 2009-03-05 Chief Senate Sponsor Sen. William R. Haine
- 2009-03-06 First Reading
reading-1 - 2009-03-06 Referred to Assignments
referral-committee - 2009-04-22 Assigned to Insurance
referral-committee - 2009-04-30 Do Pass Insurance; 008-000-000
committee-passage - 2009-04-30 Placed on Calendar Order of 2nd Reading May 5, 2009
- 2009-05-07 Second Reading
reading-2 - 2009-05-07 Placed on Calendar Order of 3rd Reading May 12, 2009
- 2009-05-13 Third Reading - Passed; 057-000-000
reading-3, passage - 2009-05-13 Passed Both Houses
- 2009-06-11 Sent to the Governor
executive-receipt - 2009-08-07 Governor Approved
executive-signature - 2009-08-07 Effective Date August 7, 2009
- 2009-08-07 Public Act . . . . . . . . . 96-0145
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/93513e6e-37db-4d4a-99c7-9041f97ae28d. Confidence: reported (aggregated from official Illinois legislature records).