(215 ILCS 5/1801) (Text of Section from P.A. 104-534) Sec. 1801. Short title. This Article may be referred to as the Climate Risk Disclosure Law. (Source: P.A. 104-534, eff. 6-26-26.) (Text of Section from P.A. 104-752) Sec. 1801. Purpose. The purpose of this Article is to promote the public welfare by regulating fire and extended coverage insurance rates so that the rates will not be excessive, inadequate, or unfairly discriminatory. Nothing in this Article is intended to prohibit or discourage reasonable competition or to authorize or encourage, except to the extent necessary to accomplish the purpose of this Article, uniformity in insurance rates, rating systems, rating plans, or practices. This Article shall be liberally construed to carry into effect the provisions of this Section. (Source: P.A. 104-752, eff. 7-1-27.) (Text of Section from P.A. 104-753) Sec. 1801. Purpose. The purpose of this Article is to promote the public welfare by regulating automobile insurance rates so that the rates will not be excessive, inadequate, or unfairly discriminatory. Nothing in this Article is intended to prohibit or discourage reasonable competition or to authorize or encourage, except to the extent necessary to accomplish the purpose of this Article, uniformity in insurance rates, rating systems, rating plans, or practices. This Article shall be liberally construed to carry into effect the provisions of this Section.
(Source: P.A. 104-753, eff. 7-1-27.)