Illinois legislation · 104th General Assembly
Illinois SB2910: INS-FAIR PLAN ASSOCIATION
Status: Signed into law, July 24, 2026
Amends the Illinois Insurance Code. Changes the title of the Urban Property Insurance Article to the Availability of Property Insurance Article. Provides for regulation of an association, commonly referred to as the Illinois FAIR Plan Association, of all admitted insurers engaged in writing in the State, on a direct basis, basic property insurance or any basic property insurance component in multi-peril policies, including, without limitation, excess and surplus insurers, but not including farm mutual companies. Replaces all references in the Article to Industry Placement Facility or Facility with Association and all references to Inspection Bureau with Inspector. Sets forth provisions concerning participation in and management of the Association. Makes changes to provisions concerning application procedures; authorized operations for issuing policies; approval of rates; the right to appeal; reporting requirements; making of assessments; and powers of the Director of Insurance. Provides that an insurer shall, for purposes of ratemaking submissions, include its proportionate share of the Association's deficit or surplus in underwriting results with the method of recognition determined from time to time by the Association's governing committee and the Director. Repeals provisions concerning the Industry Placement Program; premium financing; applications for coverage of risks by the Industry Placement Facility; the Illinois Insurance Development Fund; reimbursement of the Secretary through the Fund; insolvency of companies; and a task force that reviews policy forms and endorsements issued by the Industry Placement Facility. Effective immediately.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2910Introduced 1/27/2026, by Sen. Julie A. MorrisonSYNOPSIS AS INTRODUCED: See Index See Index See Index Amends the Illinois Insurance Code. Changes the title of the UrbanProperty Insurance Article to the Availability of Property InsuranceArticle…
From the introduced text, January 27, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2910Introduced 1/27/2026, by Sen. Julie A. MorrisonSYNOPSIS AS INTRODUCED: See Index See Index See Index Amends the Illinois Insurance Code. Changes the title of the UrbanProperty Insurance Article to the Availability of Property InsuranceArticle. Provides for regulation of an association, commonly referred toas the Illinois FAIR Plan Association, of all admitted insurers engaged inwriting in the State, on a direct basis, basic property insurance or anybasic property insurance component in multi-peril policies, including,without limitation, excess and surplus insurers, but not including farmmutual companies. Replaces all references in the Article to IndustryPlacement Facility or Facility with Association and all references toInspection Bureau with Inspector. Sets forth provisions concerningparticipation in and management of the Association. Makes changes toprovisions concerning application procedures; authorized operations forissuing policies; approval of rates; the right to appeal; reportingrequirements; making of assessments; and powers of the Director ofInsurance. Provides that an insurer shall, for purposes of ratemakingsubmissions, include its proportionate share of the Association's deficitor surplus in underwriting results with the method of recognitiondetermined from time to time by the Association's governing committee andthe Director. Repeals provisions concerning the Industry PlacementProgram; premium financing; applications for coverage of risks by theIndustry Placement Facility; the Illinois Insurance Development Fund;reimbursement of the Secretary through the Fund; insolvency of companies;and a …
Sponsors
- Seth Lewis (R, 24)
- Julie A. Morrison (D, 29) · primary sponsor
- Bob Morgan (D, 58) · primary sponsor
- Jeff Keicher (R, 70)
Latest actions
- : Public Act . . . . . . . . . 104-0645
- : Effective Date January 1, 2027
- : Governor Approved
- : Sent to the Governor
- : Passed Both Houses
- : Third Reading - Short Debate - Passed 107-000-000
- : Placed on Calendar Order of 3rd Reading - Short Debate
- : Second Reading - Short Debate
- : Placed on Calendar 2nd Reading - Short Debate
- : Do Pass / Short Debate Insurance Committee; 015-000-000
Votes
- Third Reading - Short Debate - Passed (May 21, 2026): 107 yea, 0 nay, passed
- Do Pass / Short Debate Insurance Committee (May 5, 2026): 15 yea, 0 nay, passed
- Third Reading - Passed (April 16, 2026): 57 yea, 0 nay, passed
- Do Pass as Amended Insurance (February 18, 2026): 12 yea, 0 nay, passed
Subjects: ILCS 215 - Insurance
Common questions
- What is SB2910?
- SB2910 is a bill in the Illinois Legislature (104th General Assembly): INS-FAIR PLAN ASSOCIATION.
- What does SB2910 do?
- In its own words: A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2910Introduced 1/27/2026, by Sen. Julie A. MorrisonSYNOPSIS AS INTRODUCED: See Index See Index See Index Amends the Illinois Insurance Code. Changes the title of the UrbanProperty Insurance Article to the Availability of Property InsuranceArticle…
- What is the status of SB2910?
- Signed into law as of July 24, 2026. Latest action: Public Act . . . . . . . . . 104-0645 (July 24, 2026).
- Who sponsored SB2910?
- Julie A. Morrison (D, 29), with 3 co-sponsors.
- Where is the official record for SB2910?
- On the Illinois Legislature website: https://www.ilga.gov/Legislation/BillStatus?DocNum=2910&GAID=18&DocTypeID=SB&SessionID=114
Source: official Illinois record. Tracked by Delilah, AI for legislation across all 50 states and Congress.