Illinois HB 1865: TRANSPORTATION-TECH

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 Full Text of HB1865

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 House Amendment 001 
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HB1865 EnrolledLRB104 10517 SPS 20592 b

1 AN ACT concerning business.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Insurance Code is amended by 

5changing Section 424 and by adding Section 427.5 as follows:

6 (215 ILCS 5/424) (from Ch. 73, par. 1031)

7 Sec. 424. Unfair methods of competition and unfair or 

8deceptive acts or practices defined. The following are hereby 

9defined as unfair methods of competition and unfair and 

10deceptive acts or practices in the business of insurance:

11 (1) The commission by any person of any one or more of 

12 the acts defined or prohibited by Sections 134, 143.24c, 

13 147, 148, 149, 151, 155.22, 155.22a, 155.42, 236, 237, 

14 364, 469, and 513b1 of this Code.

15 (2) Entering into any agreement to commit, or by any 

16 concerted action committing, any act of boycott, coercion 

17 or intimidation resulting in or tending to result in 

18 unreasonable restraint of, or monopoly in, the business of 

19 insurance.

20 (3) Making or permitting, in the case of insurance of 

21 the types enumerated in Classes 1, 2, and 3 of Section 4, 

22 any unfair discrimination between individuals or risks of 

23 the same class or of essentially the same hazard and 

HB1865 Enrolled- 2 -LRB104 10517 SPS 20592 b

1 expense element because of the race, color, religion, or 

2 national origin of such insurance risks or applicants. The 

3 application of this Article to the types of insurance 

4 enumerated in Class 1 of Section 4 shall in no way limit, 

5 reduce, or impair the protections and remedies alre