summary
Introduced
02/07/2025
02/07/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
104th General Assembly
Bill Summary
Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Creates the Public Adjuster Advisory Board within the Department of Insurance. Provides that the Board shall review and recommend changes to the licensure, license issuance, and requirements for licensed public adjusters in the State. Provides that the Board shall also prepare rules that may be adopted by the Department to protect commercial and residential consumers in situations where a catastrophic event has taken place. Sets forth provisions concerning membership, compensation, administrative support, and meetings. Provides that, no later than January 1, 2026, and each year thereafter, the Board shall submit a report to the Governor and the General Assembly concerning any issues relating to the licensing and operations of public adjusters in the State and any recommend policy changes to address those issues. Effective immediately.
AI Summary
This bill creates the Public Adjuster Advisory Board within the Illinois Department of Insurance to review and improve the licensing and regulation of public adjusters (professionals who help property owners negotiate insurance claims). The Board will consist of 11 members, including representatives from the Department of Insurance, legislative leaders, and appointed public adjusters from different regions of Illinois. Board members will not receive compensation but may be reimbursed for expenses. The Board's key responsibilities include recommending changes to public adjuster licensing requirements, developing advisory recommendations to protect consumers during catastrophic events, and submitting an annual report to the Governor and General Assembly detailing issues and potential policy changes related to public adjuster licensing and operations. The Board will meet twice annually, in April and September, with its first meeting occurring after initial appointments are made. The Department of Insurance will provide administrative support to the Board, and the first comprehensive report is due by January 1, 2026. This legislation aims to enhance oversight and consumer protection in the public adjuster industry in Illinois.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee (on 03/21/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3427&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| House Amendment 001 | https://www.ilga.gov/legislation/104/HB/10400HB3427ham001.htm |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB3427.htm |
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