INS CD-DOMESTIC CEDING INSURER Senate SponsorsSen. Antonio Muņoz, William R. Haine and John J. Millner 1/8/2013SenateSession Sine Die 215 ILCS 5/173.1from Ch. 73, par. 785.1Amends the Illinois Insurance Code in the provision concerning credit allowed a domestic ceding insurer. Provides that credit shall also be allowed when reinsurance is ceded to an assuming insurer that holds surplus, or its equivalent, in excess of $250 million and the Director of Insurance determines that it is an acceptable credit risk. Provides that in determining whether credit should be allowed, the Director shall consider certain factors. Effective immediately. 2/9/2011SenateFiled with Secretary by Sen. Mike Jacobs 2/9/2011SenateFirst Reading 2/9/2011SenateReferred to Assignments 3/2/2011SenateAdded as Co-Sponsor Sen. Antonio Muņoz 3/2/2011SenateAssigned to Insurance 3/2/2011SenateAdded as Co-Sponsor Sen. William R. Haine 3/2/2011SenateSponsor Removed Sen. Antonio Muņoz 3/3/2011SenateAdded as Co-Sponsor Sen. John J. Millner 3/9/2011SenateChief Sponsor Changed to Sen. Antonio Muņoz 3/10/2011SenatePostponed - Insurance 3/17/2011SenatePostponed - Insurance 3/18/2011SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die