INS-CLIMATE RISK DISCLOSURE
Summary
Amends the Illinois Insurance Code. Provides that specified notices of cancellation of insurance must be mailed at least 30 days prior to the effective date of cancellation to the named insured if the effective date of cancellation is within the first 60 days of coverage. Provides that, after the coverage has been effective for 61 days or more, all notices must be mailed at least 60 days prior to the effective date of cancellation. Makes conforming changes. Creates the Climate Risk Disclosure Article. Provides that the Article applies to all companies licensed in Illinois under Classes 2 and 3 that write $100,000,000 or more annually in premiums. Allows the monetary threshold to be altered by rule. Requires all insurers subject to the Article to, upon direction from the Department of Insurance, participate in National Association of Insurance Commissioners issued climate surveys and Department issued climate surveys.
Bill status
passed both
4 of 5 stages cleared
Introduction
Apr 2025
Committee Review
Jul 2026
House Passage
Apr 2025
Senate Passage
Oct 2025
Governor
Introduced Apr 14, 2025
Last action Jul 1, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Engrossed
·
4 edits
·
Oct 30, 2025
MODERATE
The bill was amended to correct a section reference error in the Insurance Code and to expand the scope of market conduct surveillance. The most significant substantive change is the addition of new definitions and authority for the Department of Insurance to conduct 'market conduct surveillance' on nonfinancial practices, including climate risks. This allows the Department to investigate and analyze the business operations of insurers and related entities beyond just their financial compliance.
Scope change
The bill's scope expanded to include a new authority for the Department of Insurance to conduct market conduct surveillance on nonfinancial practices. Previously, the bill only addressed insurance cancellation notices and climate risk disclosures; now it explicitly defines and authorizes surveillance activities to assess nonfinancial business practices.
TECHNICAL
Corrected a reference in Section 5 from Sections 143.15 and 143.17 to include Sections 132 and 132.3.
DEFINITION
Added new definitions for 'Data call', 'Desk examination', 'Market analysis', 'Market conduct action', 'Market conduct examination', 'Market conduct surveillance', 'Market conduct surveillance personnel', 'On-site examination', and 'SOFR rate'.
REQUIREMENT
Added authority for the Director to engage in market conduct actions or market analysis to assess nonfinancial business practices, performance, and operations of regulated persons.
SCOPE
Expanded the list of persons subject to surveillance to include producers, pharmacy benefit managers, administrators, adjusters, and persons with custody of relevant information.
Floor votes · Senate Oct 30, 2025 · House Apr 10, 2025
How they voted
40–15
Passed · 3 other
Total votes 58
Oct 30, 2025
D
Democratic39
94% Yea
R
Republican19
78% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
98
Key actions
15
Committee
23
Amendments
22
Jul 1, 2026
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Feb 24, 2026
Lower · Passed
Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
lower
Feb 24, 2026
Lower · Passed
Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
lower
Feb 24, 2026
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 2, 3
lower
Feb 24, 2026
Lower · Passed
Approved for Consideration Rules Committee; 005-000-000
lower
Dec 1, 2025
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Oct 31, 2025
Committee
Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
lower
Oct 31, 2025
Committee
Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
lower
Oct 31, 2025
Introduced
Senate Floor Amendment No. 3 Motion Filed Concur Rep. Robyn Gabel
lower
Oct 31, 2025
Introduced
Senate Floor Amendment No. 2 Motion Filed Concur Rep. Robyn Gabel
lower
Oct 30, 2025
Introduced
Senate Floor Amendment No. 3 Motion to Concur Lost 056-037-006
lower
Oct 30, 2025
Introduced
Senate Floor Amendment No. 2 Motion to Concur Lost 056-037-006
lower
Oct 30, 2025
Lower · Passed
Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
lower
Oct 30, 2025
Lower · Passed
Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 003-002-000
lower
Oct 30, 2025
Committee
Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
lower
Oct 30, 2025
Committee
Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
lower
Oct 30, 2025
Introduced
Senate Floor Amendment No. 3 Motion Filed Concur Rep. Robyn Gabel
lower
Oct 30, 2025
Introduced
Senate Floor Amendment No. 2 Motion Filed Concur Rep. Robyn Gabel
lower
Oct 30, 2025
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 2, 3
lower
Oct 30, 2025
Introduced
Arrived in House
lower
Oct 30, 2025
Amended
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
Oct 30, 2025
Upper · Passed
Third Reading - Passed; 041-015-001
upper
Oct 30, 2025
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Hastings
upper
Oct 30, 2025
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Hastings
upper
Oct 30, 2025
Introduced
Senate Floor Amendment No. 3 Be Approved for Consideration Assignments
upper
Oct 30, 2025
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
Oct 30, 2025
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Michael E. Hastings
upper
Oct 29, 2025
Introduced
Senate Floor Amendment No. 2 Be Approved for Consideration Assignments
upper
Oct 29, 2025
Introduced
Senate Floor Amendment No. 1 Postponed - Insurance
upper
Oct 29, 2025
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Oct 29, 2025
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael E. Hastings
upper
Oct 29, 2025
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Insurance
upper
Oct 29, 2025
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Oct 29, 2025
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Michael E. Hastings
upper
Apr 14, 2025
Committee
Referred to Assignments
upper
Apr 14, 2025
Introduced
Arrive in Senate
upper
Apr 10, 2025
Lower · Passed
Third Reading - Short Debate - Passed 075-038-000
lower
Apr 10, 2025
Lower · Passed
House Floor Amendment No. 2 Adopted
lower
Apr 9, 2025
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Insurance Committee; 011-004-000
lower
Apr 8, 2025
Lower · Passed
House Floor Amendment No. 2 Rules Refers to Insurance Committee
lower
Apr 8, 2025
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
Apr 8, 2025
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Bob Morgan
lower
Mar 20, 2025
Lower · Passed
Do Pass as Amended / Short Debate Insurance Committee; 011-006-000
lower
Mar 20, 2025
Lower · Passed
House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
lower
Mar 13, 2025
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Insurance Committee
lower
Mar 12, 2025
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 12, 2025
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Bob Morgan
lower
Mar 11, 2025
Committee
Assigned to Insurance Committee
lower
Feb 18, 2025
Committee
Referred to Rules Committee
lower
2 primary · 12 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike Hastings
DDemocratic
P
Robyn Gabel
DDemocratic
Co
Barbara Hernandez
DDemocratic
Co
Christopher Belt
DDemocratic
Co
Cristina Castro
DDemocratic
Co
Dee Avelar
DDemocratic
Co
Doris Turner
DDemocratic
Co
Kimberly Du Buclet
DDemocratic
Co
LJ
Lilian Jiménez
DDemocratic
Co
Mattie Hunter
DDemocratic
Co
Meg Loughran Cappel
DDemocratic
Co
Michelle Mussman
DDemocratic
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