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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
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
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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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.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 1100 (pass) · lower
  • Third Reading — 570 (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).