Topic:
UM/UIM insurance
(Zalewski, D-Chicago; Mulroe, D-Chicago) amends the Insurance Code to increase the levels of binding arbitration from $50,000 to $75,000 for death or bodily injury to one person and from $100,000 to $150,000 effective for death or bodily injury to two or more persons. It affects all policies issued or renewed after January 1, 2015.