INS CD-ANNUAL STATEMENTS House SponsorsRep. Dan Brady Senate Sponsors(Sen. William R. Haine) 8/7/2009HousePublic Act . . . . . . . . . 96-0145 215 ILCS 5/136from Ch. 73, par. 748 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. 2/2/2009HouseFiled with the Clerk by Rep. Dan Brady 2/3/2009HouseFirst Reading 2/3/2009HouseReferred to Rules Committee 2/9/2009HouseAssigned to Insurance Committee 2/18/2009HouseDo Pass / Short Debate Insurance Committee; 020-000-000 2/19/2009HousePlaced on Calendar 2nd Reading - Short Debate 2/24/2009HouseSecond Reading - Short Debate 2/24/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/4/2009HouseThird Reading - Short Debate - Passed 110-000-000 3/5/2009SenateArrive in Senate 3/5/2009SenatePlaced on Calendar Order of First Reading March 6, 2009 3/5/2009SenateChief Senate Sponsor Sen. William R. Haine 3/6/2009SenateFirst Reading 3/6/2009SenateReferred to Assignments 4/22/2009SenateAssigned to Insurance 4/30/2009SenateDo Pass Insurance; 008-000-000 4/30/2009SenatePlaced on Calendar Order of 2nd Reading May 5, 2009 5/7/2009SenateSecond Reading 5/7/2009SenatePlaced on Calendar Order of 3rd Reading May 12, 2009 5/13/2009SenateThird Reading - Passed; 057-000-000 5/13/2009HousePassed Both Houses 6/11/2009HouseSent to the Governor 8/7/2009HouseGovernor Approved 8/7/2009HouseEffective Date August 7, 2009 8/7/2009HousePublic Act . . . . . . . . . 96-0145