Illinois · Senate Bill 269 · 104th General Assembly

INSURANCE RATE TRANSPARENCY

SB 269 Sponsored by Michael E. Hastings In committee

  1. Introduced Jan 24, 2025
  2. In committee Jan 24, 2025
  3. Passed the Senate Next
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Creates the Insurance Rate Transparency Law as an Article of the Illinois Insurance Code. Provides that, beginning January 1, 2026, each insurer offering automobile and homeowners insurance policies in Illinois shall maintain a publicly accessible website displaying a summary of the annual percentage increase or decrease in premium rates for homeowners insurance policies and automobile insurance policies. Requires…

Read the full title (109 words)

Creates the Insurance Rate Transparency Law as an Article of the Illinois Insurance Code. Provides that, beginning January 1, 2026, each insurer offering automobile and homeowners insurance policies in Illinois shall maintain a publicly accessible website displaying a summary of the annual percentage increase or decrease in premium rates for homeowners insurance policies and automobile insurance policies. Requires the website to display the rate-change data for the previous 5 years, updated annually by no later than January 31 of each year, and specified other data. Sets forth provisions concerning the format of the renewal notice; enforcement of the requirements by the Department of Insurance; penalties; and rulemaking. Effective immediately.

Every action

8 steps, oldest first, as the legislature records them.

  1. SenateFiled with Secretary by Sen. Michael E. Hastings
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. SenateAdded as Chief Co-Sponsor Sen. Mike Porfirio
  5. SenateAdded as Chief Co-Sponsor Sen. Meg Loughran Cappel
  6. SenateAdded as Chief Co-Sponsor Sen. Mike Simmons
  7. SenateAdded as Chief Co-Sponsor Sen. Patrick J. Joyce
  8. SenateAdded as Co-Sponsor Sen. Paul Faraci

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 5 cosponsors: 5 Democrats.

All 5 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.