SB3508 amends Illinois insurance regulations to allow incorporation by reference in rules, modify supplier diversity reporting, and expand dependent.
SB3508 modifies the Illinois Administrative Procedure Act to permit agencies to incorporate by reference in their rules without identifying the incorporated matter by date or including a statement about later amendments. It amends the Illinois Insurance Code to change rules for the assignment or transfer of property and casualty policies, modify formatting requirements for insurance company supplier diversity reports, and expand insurance coverage for dependent parents.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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