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Bill

SB 2417

INS-FLOOD INSURANCE TRAINING

103rd Regular Session Introduced by Kam Buckner and 1 co-sponsor

Illinois bill requiring insurance agents and brokers to complete flood insurance training to maintain licenses and better inform consumers about coverage options.

House Floor Amendment No. 2 Referred to Rules Committee
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Bill Summary · SB 2417

Legislative bill overview

SB 2417 establishes mandatory flood insurance training requirements for insurance agents and brokers in Illinois. The bill requires these professionals to complete approved flood insurance education courses to maintain their licenses and sell flood insurance policies.

Why is this important

Flood insurance is a specialized product with complex federal regulations and coverage limitations that many consumers misunderstand. Requiring trained professionals helps ensure agents can accurately explain coverage gaps, the National Flood Insurance Program, and private flood insurance options—potentially reducing consumer disputes and financial losses from inadequate coverage.

Potential points of contention

  • Compliance costs: Insurance professionals may face expenses for mandatory training courses, continuing education, and certification, which could be passed to consumers through higher premiums
  • Implementation timeline: The extended deadline suggests potential disagreements over when requirements should take effect and how much time professionals need to comply
  • Regulatory scope: Debate may exist over whether training should apply to all agents or only those actively selling flood insurance, and what specific curriculum standards should be mandated

Compiled from official sources — confirm details with the bill’s official record.

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