TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE...

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TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE Last Updated July 29, 2020 TITLE 50 INSURANCE Chapter: I Department of Insurance Sub Chapter: a Definitions and Classifications Part #: 101 Nation-Wide Marine Definition of the National Association of Insurance Commissioners Section: 10 Purpose Section: 20 Restrictions Section: 30 Marine and/or Transportation Policies Section: 40 Coverage not Permitted Part #:102 Plate Glass Service Contracts Section: 10 Contracts with Glass Companies Chapter: I Department of Insurance Sub Chapter: b Domestic Stock Companies Part #: 201 Subordinated Indebtedness Section: 5 Statutory Authority Section: 10 Application and Effective Date Section: 20 Approval of Debenture Form by Director Prior to Shareholder Approval Section: 30 Approval by Shareholders Section: 40 Consideration Section: 50 Reporting and Accounting of Indebtedness Section: 60 Repayment of Principal and Payment of Interest Part #: 202 Mortgage Guaranty Insurance Section: 10 Authority and Application Section: 20 Definitions Section: 30 Restrictions on the Transaction of Business Section: 40 Reinsurance Section: 50 Reserves Section: 60 General Illustration A Unearned Premium Factor to be Applied to Premiums in Force on Valuation Date Part #: 203 Proxies, Consents and Authorizations of Domestic Stock Companies Section: 10 Authority, Application and Effective Date Section: 20 Proxies, Consents and Authorizations Section: 30 Disclosure of Equivalent Information Section: 40 Definitions Section: 50 Information to Be Furnished to Security Holders Section: 60 Requirements as to Proxy and Information Statement Section: 70 Material Required to Be Filed Section: 80 False or Misleading Statements Section: 90 Prohibition of Certain Solicitation

Transcript of TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE...

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Chapter: I Department of Insurance Sub Chapter: a Definitions and Classifications Part #: 101 Nation-Wide Marine Definition of the National Association of Insurance Commissioners Section: 10 Purpose Section: 20 Restrictions Section: 30 Marine and/or Transportation Policies Section: 40 Coverage not Permitted Part #:102 Plate Glass Service Contracts Section: 10 Contracts with Glass Companies Chapter: I Department of Insurance Sub Chapter: b Domestic Stock Companies Part #: 201 Subordinated Indebtedness Section: 5 Statutory Authority Section: 10 Application and Effective Date Section: 20 Approval of Debenture Form by Director Prior to Shareholder Approval Section: 30 Approval by Shareholders Section: 40 Consideration Section: 50 Reporting and Accounting of Indebtedness Section: 60 Repayment of Principal and Payment of Interest Part #: 202 Mortgage Guaranty Insurance Section: 10 Authority and Application Section: 20 Definitions Section: 30 Restrictions on the Transaction of Business Section: 40 Reinsurance Section: 50 Reserves Section: 60 General

    Illustration A Unearned Premium Factor to be Applied to Premiums in Force on Valuation Date

    Part #: 203 Proxies, Consents and Authorizations of Domestic Stock Companies Section: 10 Authority, Application and Effective Date Section: 20 Proxies, Consents and Authorizations Section: 30 Disclosure of Equivalent Information Section: 40 Definitions Section: 50 Information to Be Furnished to Security Holders Section: 60 Requirements as to Proxy and Information Statement Section: 70 Material Required to Be Filed Section: 80 False or Misleading Statements Section: 90 Prohibition of Certain Solicitation

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 100 Special Provisions Applicable to Election Contests Section: 110 Proposals From Security Holders EXHIBIT A Information Required in Proxy Statement or Information Statement EXHIBIT B Information to be Included in Statements Filed By or on Behalf of a Participant (Other than the Company in a Proxy Solicitation in an Election Contest) Part #: 204 Insider Trading of Domestic Stock Insurance Company Equity Securities Section: 5 Authority Section: 10 General Application Section: 20 Regulations Under Subsection (a) of the Act Section: 30 Regulations Under Subsection (b) of the Act Section: 40 Regulations Under Subsection © of the Act Section: 50 Regulation Under Subsection (e) of the Act EXHIBIT A Initial Statement of Beneficial Ownership of Securities EXHIBIT B Statement of Changes in Beneficial Ownership of Securities Part #: 205 Municipal Bond Insurance Section: 10 Authority Section: 20 Purpose Section: 30 Definitions Section: 40 Requirements Section: 50 Limitations and Restrictions Section: 60 Financial statements Section: 70 Reinsurance Section: 80 Collateral Security Section: 90 Applicability of Other Laws Part #: 206 Domestic Insurance Companies Service or Process Requirements Section: 10 Domestic Insurance Companies Service or Process Requirements Section: 20 Purpose Section: 30 Definitions Section: 40 Service of Process Requirements Chapter: I Department of Insurance Sub Chapter: c Domestic Mutual Companies Part #: 301 Accumulation of Guaranty Fund or Guaranty Capital – Reporting and Accounting of Such Indebtedness Section: 10 Authority Section: 20 Application and Effective Date Section: 30 Approval of Certificate Form by Director Section: 40 Execution of Agreement Section: 50 Consideration Section: 60 Reporting and Accounting of Indebtedness

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 70 Retirement of Guaranty Fund and Guaranty Capital and Payment of Interest Chapter: I Department of Insurance Sub Chapter: d Reciprocals Part #: 401 Accumulation of Guaranty Fund or Guaranty Capital – Reporting and Accounting of Such Indebtedness Section: 10 Authority Section: 20 Application and Effective Date Section: 30 Approval of Certificate Form by Director Section: 40 Execution of Agreement Section: 50 Consideration Section: 60 Reporting and Accounting of Indebtedness Section: 70 Retirement of Guaranty Fund and Guaranty Capital and Payment of Interest Part #: 551 Illinois Insurance Exchange Annual Statement (Repealed at 42 Ill. Reg. 20091, effective October 29, 2018) Chapter: I Department of Insurance Sub Chapter: g Foreign or Alien Companies Part #: 601 Foreign and Alien Insurer Annual Audited Financial Reports (Repealed at 19 Ill. Reg. 12248, August 14, 1995) Part #: 650 Corporate Governance Annuals Disclosure (Adopted at 44 Ill. Reg. 10115, effective May 29, 2020) Section: 10 Purpose Section: 20 Definitions Section: 30 Filing Procedures Section: 40 Contents of Corporate Annual Disclosure Part #: 651 Acquisition of Control of a Domestic Company Section: 20 Purpose Section: 30 Definitions Section: 40 Acquisition of Control - Form of Statement Filing Section: 80 Severability Provision Illustration A Statement Regarding the Acquisition of, Control of Merger with Domestic Insurer Part #: 652 Registration of Insurers Section: 10 Purpose Section: 20 Definitions

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 30 Registration of Insurers - Form of statement Filing Section: 40 Summary of Changes to Registration Statement Illustration B Form B - Insurance Holding Company System Registration Statement - Initial, Annual or Amendment Illustration C Form C - Summary of Registration Statement Part #: 653 Pre-Acquisition Notifications (Recodified at 41 Ill. Reg. 144; amended at 41 Ill. Reg. 7578, effective June 19, 2017) Section: 10 Purpose Section: 15 Definitions Section: 20 Pre-acquisition Notification - Form of Statement Filing Section: 30 Pre-acquisition Notification – Severability Provision Illustration A Form CX Part #: 654 Prior Notification of Transactions Section: 10 Purpose Section: 20 Definitions Section: 30 Prior Notification of Transactions - Required Information Section: 40 Penalties Section: 50 Severability Provision Illustration A Prior Notification of Transactions Part #: 655 Prior Notification of Dividends on Common Stock and Other Distributions (Recodified at 41 Ill. Reg. 147; amended at 41 Ill. Reg. 7586, effective June 19, 2017) Section: 10 Purpose Section: 20 Definitions Section: 30 Prior Notification of Dividends and Other Distributions Section: 40 Penalties Section: 50 Severability Provision Illustration A Form D-2 Chapter: I Department of Insurance Sub Chapter: i Advisory Organizations Part #: 751 Preamble and Definitions Section: 10 Preamble Section: 20 Definitions Part #: 752 License, Documents Necessary to Engage in Activities and Examinations Section: 10 License Section: 20 Documents-Joint Underwriting and Joint Reinsurance (Repealed) Section: 30 Submission of Applications Section: 40 Examinations

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Part #: 753 Filing Policy and Endorsements Form Section: 10 Companies Must File Section: 20 Form and Content of Filings Section: 30 Submission of Filing EXHIBIT A Authorization to Accept Filings by Reference (Form RF-1) (Repealed) Part #: 754 Rules and Rate Filings Section: 10 Companies Must File Section: 20 Other Company Filings (Repealed) Section: 30 Documentation - Individual Risks Section: 40 Submission of Filings Section: 50 Prohibited Acts and Practices EXHIBIT A Summary Sheet (Form RF-3) (Repealed) EXHIBIT B Automobile Annual Premium Comparison (Form FR-4) (Repealed) EXHIBIT C Summary Sheet (Form RF-3) (Repealed) Chapter: I Department of Insurance Sub Chapter: j Investments of Domestic Companies Part #: 801 Change Investment Assets Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Procedures of Valuing Investments Section: 40 Severability Provision Part #: 802 Purchasing And Selling Call And Put Options Contracts Section: 10 Authority Section: 20 Definitions Section: 30 Purchase of Exchange-Traded Call and Put Options Section: 40 Sale and Assignment of Call and Exchange-Traded Put Options Section: 50 Accounting for Transactions in Call and Put Options Section: 60 Valuation Section: 70 Administration and Recordkeeping Section: 80 Severability Provision Part #: 803 Lending Of Securities Section: 10 Authority (Repealed) Section: 20 Purpose Section: 30 Definitions Section: 40 Agreement Section: 50 Limitations, Valuation and Reporting Section: 60 Severability Provision

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE Part #: 804 Repurchase and Reverse Repurchase Agreements ( Repealed at 26 Ill. Reg. 1202, effective January 18, 2002) Part #: 806 Derivative Instruments Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 Guidelines and Internal Control Procedures Section: 50 Documentation Requirements Section: 60 Trading Requirements Part #: 807 Custody Agreements (Recodified at 39 Ill. Reg. 2801, effective February 6, 2015) Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 Custody Agreements Requirements Chapter: I Department of Insurance Sub Chapter: k Insurance Part #: 851 Acquisition of Control of a Domestic Company (Recodified at 41 Ill. Reg. 140) Part #: 852 Registration of Insurers (Recodified at 41 Ill. Reg. 142) Part #: 853 Pre-Acquisition Notification (Recodified at 41 Ill. Reg. 144) Part #: 854 Prior Notification of Transactions (Recodified at 41 Ill. Reg. 145) Part #: 855 Prior Notification of Dividends on Common Stock and Other Distributions (Recodified at 41 Ill. Reg. 147) Chapter: I Department of Insurance Sub Chapter: l Provisions Applicable to All Companies

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE Part #: 901 Destruction of Records Section: 5 Introduction Section: 10 Definitions Section: 20 Procedures for Compiling and Submitting Lists and Schedules of Records for Destruction Part #: 902 Insurance Company's Originating Payday Loans Section: 10 Authority Section: 20 Purpose and Applicability Section: 30 Definitions Section: 40 Insurance Companies Originating Payday Loans Section: 50 Enforcement Part #: 903 Uniform Accounting Instructions for Fire and Marine and Casualty and Surety Insurers (Repealed at 42 Ill. Reg. 20098, effective October 29, 2018) Part #: 904 Internal Security Standard and Fidelity Bonds Section: 5 Authority and Purpose Section: 7 Definitions Section: 10 Registration of Securities Section: 20 Custody, Care and Disposition of Securities Section: 30 Signature of Checks - Facsimile Signatures Section: 40 Bank Balance Verification Section: 50 Bond Requirements Part #: 906 Illegal Groups and Unfair Rate (Repealed at 35 Ill. Reg. 7389, effective April 25, 2011) Part #: 907 Exempt Sale of Insurance Company Shares Section: 10 Authority Section: 20 Definition of Shares Section: 30 Applicability Section: 40 Exempt Transactions Section: 50 Private Sale Section: 60 Dealer Trading Section: 70 Approved Stock Option Plans Part #: 908 Recording of Premiums Collected and Definition of Gross Premiums Section: 10 Application and Effective Date Section: 20 Recording of Premiums Collected Section: 30 "Gross Premiums" Defined

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE Part #: 909 Advertising and Sales Promotion of Life Insurance and Annuities (Amended at Ill. Adm. Code 9222, effective August 19, 2019) Section: 10 Authority Section: 20 Definitions Section: 30 Applicability Section: 40 Form and Content of Advertisements Section: 50 Disclosure Requirements Section: 60 Identity of Insurer Section: 70 Jurisdictional Licensing and Status of Insurer Section: 80 Statements about an Insurer Section: 85 Advertising and Marketing of Annuities and Variable Life Contracts Section: 90 Advertising Records and Certificates Section: 100 Noncompliance Section: 110 Conflict with Other Rules Section: 120 Severability Provision Part #: 910 Correlated Sales of Life Insurance and Mutual Funds (Repealed at 42 Ill. Reg. 386, effective December 21, 2018) Part #: 911 Unearned Premium Reserve Computation (Repealed at 35 Ill. Reg. 6180, effective March 28, 2011) Part #: 912 Commission Accounting for Direct Premium (Repealed at 33 Ill. Reg. 4963, effective March 19, 2009) Part #: 913 Securities Regulation Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definition of Shares Section: 40 Filing Requirement Section: 50 The Prospectus Section: 60 Alternate Prospectus Section: 70 Equity Interest of Certain persons Section: 80 Escrow Requirements Section: 90 Stock Option Plans Section: 100 Documents to be Filed with the Director Section: 110 Severability Provision EXHIBIT A Instructions As To Financial Statements (Repealed) EXHIBIT B Instructions As To Financial Statements (Repealed) EXHIBIT C Statement of Education, Prior Occupation, Business Experience and Supplementary Information (Repealed) ILLSTRATION A Biographical Affidavit

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE Part #: 914 Life and Accident and Health Policy Forms; Dividends (Repealed at 42 Ill. Reg. 7914, effective April 30, 2018) Part #: 915 Management Information Reports Section: 5 Authority (Repealed) Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Biographical Affidavits Section: 50 Change in Status Section: 60 Additional Information Section: 70 Severability Provision EXHIBIT A Company Officer Appointment Form (Repealed) Part #: 916 Required Procedure for Filing and Securing Approval of Policy Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Filing Procedures Section: 50 Certification of Compliance Section: 60 Effective Date (Repealed) EXHIBIT A Certificate of Compliance EXHIBIT B Coding Guide (Repealed) EXHIBIT C Discontinued Acronyms From Exhibit B Coding Guide (Repealed) EXHIBIT G General Transmittal Instructions and Transmittal (Repealed) EXHIBIT H Replacement/Withdrawal Transmittal Instructions and Transmittal (Repealed) EXHIBIT I Certificate of Assumption Transmittal Instructions and Transmittal (Repealed) EXHIBIT J Informational filing Transmittal Instructions and Transmittal (Repealed) Part #: 917 Life Insurance and Annuity Replacement Regulation Section: 10 Statutory Authority (Repealed) Section: 20 Purpose Section: 30 Definition of Replacement Section: 40 Other Definitions Section: 50 Exemptions Section: 60 Duties of Insurance Producers Section: 70 Duties of Replacing Insurers Section: 80 Duties of Insurers With Respect to Direct-Response Sales Section: 90 Duties of the Existing Insurer (Repealed) Section: 100 Penalties (Repealed)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 110 Severability EXHIBIT A Notice Regarding Replacement of Life Insurance or Annuity EXHIBIT B Notice Regarding Proposed Replacement of Life Insurance or Annuity EXHIBIT C To Be Used Where Proposed Policy is a Direct-Response Product (Repealed) EXHIBIT D Comparative Information Form (Repealed) Part #: 919 Improper Claims Practice Section: 10 Authority Section: 20 Scope and Purpose Section: 30 Examinations Section: 40 Definitions/Explanations Section: 50 Required Practices for all Insurance Companies Section: 60 Improper Practices or Procedures for all Insurance Companies Section: 70 Required Claims Practices - Life, Accident and Health Companies Section: 80 Required Claim Practices - Private Passenger Automobile - Property and Casualty Companies Section: 90 Improper Practices or Procedures - Property and Casualty Companies Section: 100 Severability Provision EXHIBIT A Total Loss Automobile Claims Part #: 920 Actuarial Qualification (Repealed at 17 Ill. Reg. 15831, September 14, 1993) Part #: 920 Unclaimed Life Insurance Benefits (Former Part Repealed at 17 Ill. Reg. 15831, September 14, 1993, New Part Adopted at 43 Ill. Reg. 8850, effective July 30, 2019) Section: 10 Scope Section: 20 Definitions Section: 30 Insurer Conduct Section: 40 Lost Policy Finder – Insurer Requirements Section: 50 Lost Policy Finder – Inactive Insurers Section: 60 Lost Policy Finder – Requestor Requirements Section: 70 Enforcement Part #: 921 Exclusion Provisions – Automobile Section: 10 Authority Section: 20 Scope Section: 30 Exclusions Part #: 922 Retrospective Compensation Agreements Section: 10 Authority Section: 20 Retrospective Compensation Agreements

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 30 Retrospective Compensation Agreements - Defined Section: 40 Applicability Section: 50 Filing Section: 60 Effective Date ILLUSTRATION A Illinois Department of Insurance Lost Policy Finder Service Form Part #: 923 Ceded Reinsurance of Property and Liability Insurers (Repealed at 30 Ill. Reg. 13176, effective July 24, 2006) Part #: 924 Equipment Exclusion Section: 10 Authority Section: 20 Scope Section: 30 Exclusions Section: 40 The Endorsement Section: 50 Exception

    Part #: 925 Annual Audited Financial Report (Amended at 44 Ill. Reg. 14121, effective January 1, 2020)

    Section: 10 Authority (Repealed) Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 General Requirements Filing and Extensions for Filing of Annual Audited Financial Report and Audit Committee Appointment Section: 50 Contents of Annual Audited Financial Report Section: 60 Designation of Independent Certified Public Accountant Section: 70 Qualifications of Independent Certified Public Accountant Section: 80 Consolidated or Combined Audits Section: 90 Scope of Audit and Report of Independent Certified Public Accountant Section: 100 Notification of Adverse Financial Condition Section: 110 Communication of Internal Control Related Matters Noted in an Audit Section: 115 Accountant's Letter of Qualifications (Renumbered) Section: 120 Accountant's Letter of Qualifications Section: 130 Definition, Availability and Maintenance of Independent Certified Public Accountant Workpapers Section: 140 Requirements for Audit Committees Section: 141 Internal Audit Function Requirements Section: 145 Penalties (Renumbered) Section: 150 Conduct of Insurer in Connection with Preparation of Required Reports Section: 160 Management’s Report of Internal Control over Financial Reporting Section: 170 Exemptions and Transitions Section: 180 Canadian and British Companies Section: 190 Penalties (Renumbered) Section: 200 Severability Provisions (Renumbered)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE EXHIBIT A CPA Letter of Representation Part #: 926 Insurance Department Consumer Complaints Section: 10 Authority (Repealed) Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Complaint Handling Procedure Section: 50 Maintenance of Complaint Records Section: 60 Severability Provision (Repealed) Section: 70 Effective Date (Repealed) EXHIBIT A Complaint Record EXHIBIT B Explanation Part #: 927 Anticipated Salvage and Subrogation Recoverable (Repealed at 33 Ill. Reg. 4965, effective March 19, 2009) Part #: 928 Medical Malpractice Data Base Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Reports Section: 43 Circuit Court Clerk Reporting Requirements Section: 44 General Submission Deadlines Section: 50 Effective Date (Repealed) EXHIBIT A Circuit Court Clerk Paper Reporting Format EXHIBIT B Illinois Medical Liability Paid and Closed Insurance Claims Report (Repealed) EXHIBIT C Illinois Medical Liability Insurance Uniform Claims Report Instructions (Repealed) EXHIBIT D Illinois Medical Professional Liability Insurance Uniform Claims Reporting (IMPLIUCR) - Batch Reporting Requirements and Navigational User's Guide Part #: 929 Medical Liability Insurance Rules and Rate Filings Sub Part A General Provisions and Reporting Requirements Section: 10 Authority Section: 15 Definitions Section: 20 Purpose and Scope Section: 30 Filing Requirements Section: 40 Severability Provision (Repealed) Section: 50 Exemption from Filings Sub Part B Administrative Hearing Provisions Section: 200 Applicability (Repealed) Section: 210 Form of Documents (Repealed) Section: 220 Filing (Repealed)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 230 Computation of Time (Repealed) Section: 240 Appearances (Repealed) Section: 250 Notice of Hearing (Repealed) Section: 260 Publication of the Notice of Hearing (Repealed) Section: 270 Bias or Disqualification of Hearing Officer (Repealed) Section: 280 Pre-hearing Conferences (Repealed) Section: 290 Conduct of the Hearing (Repealed) Section: 300 Hearing Officer's Findings, Conclusions and Recommendations (Repealed) Section: 310 Order of the Secretary or Director (Repealed) Part #: 930 Life Insurance Solicitation (Recodified at 39 Ill. Reg. 4166, effective March 9, 2015) Section: 10 Authority Section: 20 Purpose Section: 30 Scope Section: 40 Definitions Section: 50 Disclosure Requirements Section: 60 Preneed Funeral Contracts or Prearrangements Section: 70 General Rules Section: 80 Life Insurance Buyer's Guide, Language and Content Section: 90 Failure to Comply EXHIBIT A Life Insurance Buyer's Guide EXHIBIT B NAIC Life Insurance Buyer’s Guide Part #: 931 Required Procedure for Consumer Complaint Notification Section: 10 Authority Section: 20 Scope Section: 30 Definitions Section: 40 Procedures for Notification Section: 50 Exceptions Section: 60 Severability Part #: 932 Automobile Anti-Theft Mechanisms Section: 10 Authority Section: 20 Definitions Section: 30 Scope Section: 40 Discounts to Qualified Motor Vehicles Section: 50 General Rules Applicable To All Anti-Theft Mechanisms Section: 60 Types of Anti-Theft Devices Qualifying for Discounts (Repealed) Section: 70 Severability Provision Chapter: I Department of Financial and Professional Regulation Sub Chapter: 1 Provisions Applicable to All Companies Part #: 933 Professional Liability Insurance Reporting Requirements and Resource Center (Repealed at 39 Ill. Reg. 4959, effective March 23, 2015

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Chapter: I Department of Insurance Sub Chapter: 1 Provisions Applicable to All Companies Part #: 934 Usage of Smoker/Nonsmoker Mortality Tables in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits Section: 10 Authority Section: 20 Purpose Section: 30 Definitions Section: 40 Utilization of the 1958 CSO and CET Smoker and Nonsmoker Mortality Tables Section: 50 Utilization of the 1980 CSO and CET Smoker and Nonsmoker Mortality Tables Section: 60 Conditions Section: 70 Severability Part #: 935 The Minimum Mortality Standard for Valuation of Annuity and Pure Endowment Contracts Section: 10 Authority Section: 20 Purpose Section: 30 Definitions Section: 40 Individual Annuity or Pure Endowment Contracts Section: 45 Application of the 2012 IAR Table Section: 50 Group Annuity and Pure Endowment Contracts Section: 55 Application of the 1994 GAR Table Section: 60 Severability (Repealed Section: 70 Effective Date (Repealed) Illustration A 2012 IAM Period Table, Female, Age Nearest Birthday Illustration B 2012 IAM Period Table, Male, Age Nearest Birthday Illustration C Projection Scale G2, Female, Age Nearest Birthday Illustration d Projection Scale G2, Male, Age Nearest Birthday Part #: 936 Supplemental Reports for Property and Casualty Insurance Companies Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 Notification Procedures Section: 50 Reporting Requirements for Notified Property and Casualty Companies Having Direct Premium Income Section: 60 Penalties EXHIBIT A Property and Casualty Reporting Form Chapter: I Department of Financial and Professional Regulation Sub Chapter: 1 Provisions Applicable to All Companies Part #: 937 Supplemental Reports for Accident and Health Insurers (Repealed at 19 Ill. Reg. 5255, effective March 28, 1995)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Part #: 938 Accident and Health Risk Ratio Notice (Repealed at 30 Ill. Reg. 6351, April 3, 2006) Chapter: I Department of Insurance Sub Chapter: 1 Provisions Applicable to All Companies Part #: 939 Medical Liability Insurance Loss Reports Section: 10 Purpose Section: 20 Required Information Section: 30 Penalties Illustration A Policies Covering Physicians and Surgeons-Claim Payments Illustration B Policies Covering Physicians and Surgeons-Reserves Illustration C Policies Covering Physicians and Surgeons-Number of Claims Illustration D Other Policies - Claim Payments Illustration E Other Policies - Reserves Illustration F Other Policies - Number of Claims Part #: 940 Mid-Term Cancellations Section: 10 Purpose Section: 20 Definitions Section: 30 Certification Chapter: I Department of Financial and Professional Regulation Sub Chapter: l Provisions Applicable to All Companies Part #: 941 Misrepresentation and False Warranties Section: 10 Applicability Section: 20 Misrepresentation Part #: 942 Tax Allocation (Repealed at 29 Ill. Reg. 13997, August 30, 2005) Chapter: I Department of Insurance Sub Chapter: 1 Provisions Applicable to All Companies Part #: 945 Admitted Assets (Repealed at 42 Ill. Reg. 20113, effective October 29, 2018) Chapter: I Department of Insurance Sub Chapter: m Credit Life and Credit Accident Insurance Part #: 951 Credit Life and Credit Accident and Health Insurance

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE (Recodified to Part 1051 at 42 Ill. Reg. 15870) Section: 10 Credit Life Insurance Section: 20 Credit Accident and Health Insurance (Repealed) Section: 30 Purpose and Scope Section: 40 Definitions Section: 50 Credit Life Insurance Rates Section: 60 Experience Reports and Adjustment of Prima Facie Rates Section: 70 Credit Life Rate Adjustments Section: 80 Effective Date Part #: 952 Credit Accident and Health Insurance (Recodified to Part 1052 at 41 Ill. Reg. 15872) Section: 10 Filing and Approval of Premiums (Renumbered) Section: 15 Purpose Section: 20 Definitions Section: 30 Credit Accident and Health Insurance Coverage Section: 40 Filing and Approval of Premiums Part #: 953 Premium Refunds (Recodified to Part 1053 at 41 Ill. Reg. 15873) Section: 10 Computation of Premium Refunds Part #: 1051 Credit Life and Credit Accident and Health Insurance (Recodified from 951 at 42 Ill. Reg. 15870) Section: 10 Credit Life Insurance Section: 30 Purpose and Scope Section: 40 Definitions Section: 50 Credit Life Insurance Rates Section: 60 Experience Reports and Adjustment of Prima Facie Rates Section: 70 Credit Life Rate Adjustments Section: 80 Effective Date Part #: 1052 Credit Accident and Health Insurance (Recodified from Part 952 at 41 Ill. Reg. 15872) Section: 15 Purpose Section: 20 Definitions Section: 30 Credit Accident and Health Insurance Coverage Section: 40 Filing and Approval of Premiums Part #: 1053 Premium Refunds

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE (Recodified from Part 953 at 42 Ill. Reg. 15873) Section: 10 Computation of Premium Refunds Chapter: I Department of Insurance Sub Chapter: o Reinsurance

    Part #: 1101 Reinsurance Ceded Contracts (Repealed at 41 Ill. Reg. 11435, effective August 25, 2017)

    Part #: 1102 Letters of Credit (Repealed at 20 Ill. Reg. 386, January 1, 1996) Chapter: I Department of Insurance Sub Chapter: o Reinsurance Part #: 1103 Life Reinsurance Agreements Section: 10 Preamble Section: 20 Scope Section: 25 Definitions Section: 30 Accounting Requirements Section: 40 Written Agreements Section: 50 Existing Agreements EXHIBIT A Risk Category Chapter: I Department of Insurance Sub Chapter: o Reinsurance Part #: 1104 Credit for Reinsurance Ceded Section: 10 Purpose Section: 15 Definitions Section: 20 Credit for Reinsurance - Reinsurer Licensed in this State Section: 30 Credit for Reinsurance - Accredited Reinsurers Section: 35 Credit for Reinsurance –Reinsurer Domiciled in Another State Section: 40 Credit for Reinsurance - Reinsurers Maintaining Trust Funds Section: 45 Credit for Reinsurance – Certified Reinsurers Section: 50 Credit for Reinsurance Required by Law Section: 60 Reduction from Liability for Reinsurance Ceded to an Unauthorized Assuming Insurer Section: 70 Trust Agreements Qualified Under section 1104.60 of this Part Section: 80 Letters of Credit Qualified Under Section 1104.60 of this Part Section: 90 Other Security Section: 100 Reinsurance Contract Section: 110 Contracts Affected Section: 120 Severability APPENDIX A Form AR-1 Certificate of Assuming Insurer APPENDIX B Form CR-1 Certificate of Reinsurer

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

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    TITLE 50 INSURANCE Chapter: I Department of Insurance Sub Chapter: q Corrective Orders Part #: 1250 Corrective Orders Section: 10 Purpose Section: 15 Definitions Section: 20 Standards Section: 30 Director's Authority Section: 40 Judicial Review Chapter: I Department of Insurance Sub Chapter: s Legal Reserve Life Insurance Part #: 1401 Security Valuation Reserve (Repealed at 41 Ill. Reg. 11437, effective August 25, 2017) Part #: 1402 War Clauses Section: 5 Introduction Section: 10 Military Exclusion Section: 20 Non-Combatant Civilian Exclusion Section: 30 Civilian Exclusion Part #: 1403 Family Group Life Insurance Policy Forms (Repealed at 42 Ill. Reg. 7916, effective April 30, 2018) Part #: 1404 Valuation of Reserves Section: 10 Completion and Review of Valuation of Reserves Part #: 1405 Construction and Filing of Life Insurance and Annuity Section: 10 Authority Section: 15 Definitions Section: 20 Illinois Guidelines for Filing and Approval of Life and Annuity Forms Section: 30 Applications Section: 40 Policy Forms Section: 50 Group Insurance Section: 60 Franchise Life Insurance Section: 70 Annuities

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 80 Alternate and/or Insert Pages Section: 90 Substitution Filings Part #: 1406 Individual and Group Life Insurance Policy Illustrations (Amended at Ill. Adm. Code 9228, effective August 19, 2019) Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Policies to Be Illustrated Section: 50 Standards for Basic Illustrations Section: 60 Standards for Supplemental Illustrations Section: 70 General Rules and Prohibitions Section: 80 Delivery of Illustrations and Record Retention Section: 90 Annual Report - Notice to Policy Owners Section: 100 Annual Certifications Section: 110 Penalties Part #: 1407 Accelerated Life Benefit/Terminal Illness/Qualified Conditions Section: 10 Purpose and Applicability Section: 20 Definitions Section: 30 Form Requirements Section: 40 Standards for Claims Payment Section: 50 Required Disclosure Provisions Section: 60 Actuarial Standards Section: 70 Actuarial Disclosure and Reserves Part #: 1408 Actuarial Opinion and Memorandum (Repealed at 41 Ill. Reg. 11439, effective August 25, 2017) Chapter: I Department of Insurance Sub Chapter: s Legal Reserve Life Insurance Part #: 1409 Valuation of Life Insurance Policies Including the Use of Select Mortality Factors Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 General Calculation Requirements for Basic Reserves and Deficiency Reserves Section: 50 Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Premiums or Guaranteed Nonlevel Benefits (Other Than Universal Life Policies) Section: 60 Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies That Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Over a Secondary Guarantee Period Section: 70 Use of 2001 CSO Mortality Table Section: 80 Use of 2001 CSO Preferred Class Structure Mortality Table APPENDIX A Select Mortality Factors Illustration A Male Aggregate Illustration B Male Nonsmoker Illustration C Male Smoker Illustration D Female Aggregate Illustration E Female Nonsmoker Illustration F Female Smoker Chapter: I Department of Insurance Sub Chapter: s Legal Reserve Life Insurance Part #: 1410 Modified Guaranteed Annuity (MGA) Contracts Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 Authority of Insurers Section: 50 Filing of Contracts Section: 60 Modified Guaranteed Annuity (MGA) Contract Requirements Section: 70 Reserve Liabilities Section: 80 Reports to Policyholders Part #: 1411 Universal Life Insurance Section: 10 Purpose and Applicability Section: 20 Definitions Section: 30 Valuation Section: 40 Nonforfeiture Section: 50 Policy and Group Certificate Requirements and Disclosures Section: 60 Annual Report to Individual Policyowner or Group Certificate Holder Chapter: I Department of Insurance Sub Chapter: s Legal Reserve Life Part #: 1412 Recognition of the 2001 CSO Mortality Table for Use in Determining Reserve Liabilities and Nonforfeiture Benefits Section: 10 Purpose Section: 20 Definitions Section: 30 Applicability Section: 40 Conditions Section: 50 Applicability of the 2001 CSO Mortality Table to 50 Ill. Adm. Code 1409 Section: 60 Gender-Blended Tables Section: 70 Use of 2001 CSO Preferred Class Structure Mortality Table APPENDIX A 2001 CSO Preferred Class Structure Mortality Table Illustration A Male Composite Select & Ultimate Age Nearest Birthday

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Illustration B Male Nonsmoker Select & Ultimate Age Nearest Birthday Illustration C Male Smoker Select & Ultimate Age Nearest Birthday Illustration D Female Composite Select & Ultimate Age Nearest Birthday Illustration E Female Nonsmoker Select & Ultimate Age Nearest Birthday Illustration F Female Smoker Select & Ultimate Age Nearest Birthday Illustration G Ultimate Age Nearest Birthday (Male/Female Composite/nonsmoker/smoker) Illustration H Male Composite Select & Ultimate Age Last Birthday Illustration I Male Nonsmoker Select & Ultimate Age Last Birthday Illustration J Male Smoker Select & Ultimate Age Last Birthday Illustration K Female Composite Select & Ultimate Age Last Birthday Illustration L Female Nonsmoker Select & Ultimate Age Last Birthday Illustration M Female Smoker Select & Ultimate Age Last Birthday Illustration N Ultimate Age Last Birthday (Male/Female Composite/nonsmoker/smoker) Illustration O Blended 80% Male, 20% Female Composite Select and Ultimate Age Nearest Birthday Illustration P Blended 60% Male, 40% Female Composite Select and Ultimate Age Nearest Birthday Illustration Q Blended 50% Male, 50% Female Composite Select and Ultimate Age Nearest Birthday Illustration R Blended 40% Male, 60% Female Composite Select and Ultimate Age Nearest Birthday Illustration S Blended 20% Male, 80% Female Composite Select and Ultimate Age Nearest Birthday Illustration T Blended Composite Ultimate Age Nearest Birthday Illustration U Blended 80% Male, 20% Female Nonsmoker Select and Ultimate Age Nearest Birthday Illustration V Blended 60% Male, 40% Female Nonsmoker Select and Ultimate Age Nearest Birthday Illustration W Blended 50% Male, 50% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration X Blended 40% Male, 60% Female Nonsmoker Select and Ultimate Age Nearest Birthday Illustration Y Blended 20% Male, 80% Female Nonsmoker Select and Ultimate Age Nearest Birthday Illustration Z Blended Nonsmoker Ultimate Age Nearest Birthday Illustration AA Blended 80% Male, 20% Female Smoker Select and Ultimate Age Nearest Birthday Illustration BB Blended 60% Male, 40% Female Smoker Select and Ultimate Age Nearest Birthday

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Illustration CC Blended 50% Male, 50% Female Smoker Select and Ultimate Age Nearest Birthday Illustration DD Blended 40% Male, 60% Female Smoker Select and Ultimate Age Nearest Birthday Illustration EE Blended 20% Male, 80% Female Smoker Select and Ultimate Age Nearest Birthday Illustration FF Blended Smoker Ultimate Age Nearest Birthday Illustration GG Blended 80% Male, 20% Female Composite Select and Ultimate Age Last Birthday Illustration HH Blended 60% Male, 40% Female Composite Select and Ultimate Age Last Birthday Illustration II Blended 50% Male, 50% Female Composite Select and Ultimate Age Last Birthday Illustration JJ Blended 40% Male, 60% Female Composite Select and Ultimate Age Last Birthday Illustration KK Blended 20% Male, 80% Female Composite Select and Ultimate Age Last Birthday Illustration LL Blended Smoker Ultimate Age Last Birthday Illustration MM Blended 80% Male, 20% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration NN Blended 60% Male, 40% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration OO Blended 50% Male, 50% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration PP Blended 40% Male, 60% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration QQ Blended 20% Male, 80% Female Nonsmoker Select and Ultimate Age Last Birthday Illustration RR Blended Non Smoker Ultimate Age Last Birthday Illustration SS Blended 80% Male, 20% Female Smoker Select and Ultimate Age Last Birthday Illustration TT Blended 60% Male, 40% Female Smoker Select and Ultimate Age Last Birthday Illustration UU Blended 50% Male, 50% Female Smoker Select and Ultimate Age Last Birthday Illustration VV Blended 40% Male, 60% Female Smoker Select and Ultimate Age Last Birthday Illustration WW Blended 20% Male, 80% Female Smoker Select and Ultimate Age Nearest Birthday Illustration XX Blended Smoker Ultimate Age Last Birthday Part #: 1413 Recognition of 2001 CSO Preferred Class Structure Mortality Tables for Use in Determining Reserve Liabilities Section: 10 Purpose Section: 20 Definitions Section: 30 2001 CSO Preferred Class Structure Table Section: 40 Conditions

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Chapter I: Department of Insurance Sub Chapter: s Legal Reserve Life Insurance Part #: 1414 Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values ( Section: 10 Scope Section: 20 Purpose Section: 30 Definitions Section: 40 Minimum Valuation Mortality Standards Section: 50 Transition Rules Part #: 1415 Minimum Standards for Determining Nonforfeiture Benefits for Certain Life Insurance Policies Having Intermediate Cash Benefits Section: 10 Scope Section: 20 Purpose Section: 30 Methodology Chapter: I Department of Insurance Sub Chapter: t Separate Accounts Part #: 1451 Variable (Recodified at 41 Ill. Reg. 149) Part #: 1551 Variable (Amended at 44 Ill. Reg. 3896, effective March 2, 2020) Section: 10 Authority (Repealed) Section: 20 Definitions Section: 30 Qualification of Insurance Companies to Issue Variable Contracts Section: 40 Separate Accounts Section: 50 Filing of Contracts Section: 60 Contracts Providing for Variable Benefits Section: 70 Required Reports Section: 80 Foreign or Alien Companies Section: 90 Licensing of Producers for Variable Contracts Section: 10 Disclosure APPENDIX A Variable Annuities Only Chapter: I Department of Insurance Sub Chapter: v Assessment Legal Reserve Life Companies Part #: 1601 Securities Valuation Reserve (Repealed at 41 Ill. Reg. 70, effective December 27, 2016) Section: 10 Requirements In Filing annual Statements (Repealed) Part #: 1602 War Clauses (Repealed at 41 Ill. Reg. 72, effective December 27, 2016) Section: 5 Introduction (Repealed)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 10 Military Exclusion (Repealed) Section: 20 Non-Combatant Civilian Exclusion (Repealed) Section: 30 Civilian Exclusion (Repealed) Chapter: I Department of Insurance Sub Chapter: v Assessment Legal Reserve Life Companies Part #: 1603 Family Group Life Insurance Policy Forms (Repealed at 39 Ill. Reg. 14566, effective October 22, 2015) Part #: 1604 Valuation of Reserves Section: 10 Completion and Review of Valuation of Reserves Part #: 1605 Legal Reserve Life Blank (Repealed at 41 Ill. Reg. 76, effective December 27, 2016) Section: 10 Legal Reserve Life Blank Prescribed (Repealed) Chapter: I Department of Insurance Sub Chapter: w Fraternal Benefit Societies Part #: 1701 Explanation of Special and Contingency Reserves (Repealed at 41 Ill. Reg. 11441, effective August 25, 2017) Part #: 1702 Security Valuation Reserve (Repealed at 31 Ill. Reg. 14721, effective October 16, 2007) Part #: 1703 War Clauses Section: 5 Introduction Section: 10 Military Exclusion Section: 20 Non-Combatant Civilian Exclusion Section: 30 Civilian Exclusion Part #: 1704 Segregation of Accident and Health Business Section: 10 Authorization of Fraternal Benefit Societies to Write Accident and Health Insurance Section: 20 Establishment and Maintenance of Separate Accounts Section: 30 Provision for Payment Section: 40 Prohibition of Transfer of Money Collected to Pay for Losses Section: 50 Deficiency in Accounts Section: 60 Transferal of Accounts to Other Societies

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Part #: 1705 Construction and Filing of Forms Section: 10 Application Section: 20 Construction of Life Certificate Forms Section: 30 Construction of Accident and Health Forms Section: 40 Construction of All Forms Issued by Fraternal Benefit Societies EXHIBIT A Certificate of Compliance Part #: 1706 Adoption by Fraternal Benefit Societies of CSO 1958 Mortality Table (Repealed at 41 Ill. Reg. 13663, effective October 27, 2017) Part #: 1710 Selection of Senior Management Chapter: I Department of Insurance Sub Chapter: z Accident and Health Insurance Part #: 2001 Construction and Filing of Accident and Health Insurance Policy Forms Sub Part A Provisions Applicable to Individual and Group Policies Section: 1 Applicability Section: 2 Definitions and Cross – References Section: 3 Discretionary Clauses Prohibited Section: 4 Guaranteed Availability and Renewability of Coverage

    Section: 5 Prohibition of Preexisting Conditions Exclusions Section: 6 No Lifetime or Annual Limits Section: 7 Prohibition on Rescissions Section: 8 Coverage of Preventive Health Services Section: 9 Prohibiting Discrimination Against Participants and Beneficiaries Based on Health Status Section: 10 Summary of Benefits and Coverage and Uniform Glossary Section: 11 Essential Health Benefits Section: 12 Cost – Sharing

    Sub Part B Provisions Applicable to Individual Policies Section: 20 Construction of Accident and Health Insurance Policy Forms Section: 30 Filing of Policy Forms Section:110 Applicability Section: 120 Construction of Accident and Health Insurance Policy Forms Sub Part C Provisions Applicable to Group Policies Section: 210 Applicability Section: 220 Ban on Excessive Waiting Periods . Chapter: I Department of Insurance Sub Chapter: z Accident and Health Insurance Part #: 2002 Advertising of Accident and Sickness Insurance Section: 10 Authority Section: 20 Purpose Section: 30 Applicability

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 40 Definitions Section: 50 Method of Disclosure of Required Information Section: 60 Form and Content of Advertisements Section: 70 Advertisements of Benefits Payable, Losses Covered or Premiums Payable Section: 80 Necessity for Disclosing Policy Provisions Relating to Renewability, Cancellability and Termination Section: 90 Testimonials or Endorsements by Third Parties Section: 100 Use of Statistics Section: 110 Identification of Plan or Number of Policies Section: 120 Disparaging Comparisons and Statements Section: 130 Jurisdictional Licensing and Status of Insurer Section: 140 Identity of Insurer Section: 150 Group or Quasi-Group Implications Section: 160 Introductory, Initial or Special Offers Section: 170 Statements about an Insurer Section: 180 Enforcement Procedures Section: 190 Severability Provision APPENDIX A Guidelines Illustration A Guideline to Section 2002.20 Illustration B Guideline to Section 2002.30(a) Illustration C Guideline to Section 2002.30(b) Illustration D Guideline to Section 2002.40(a) Illustration E Guideline to Section 2002.40(h) Illustration F Guideline to Section 2002.50 Illustration G Guideline to Section 2002.60(a) Illustration H Guideline to Section 2002.60(b) Illustration I Guideline to Section 2002.70(a)(1) Illustration J Guideline to Section 2002.70(a)(2) Illustration K Guideline to Section 2002.70(a)(3) Illustration L Guideline to Section 2002.70(a)(4) Illustration M Guideline to Section 2002.70(a)(5) Illustration N Guideline to Section 2002.70(a)(8) Illustration O Guideline to Section 2002.70(b)(1) Illustration P Guideline to Section 2002.70(b)(2) Illustration Q Guideline to Section 2002.70(b)(3) Illustration R Guideline to Section 2002.70(c)(1) Illustration S Guideline to Section 2002.70(c)(2) Illustration T Guideline to Section 2002.70(c)(3) Illustration U Guideline to Section 2002.80 Illustration V Guideline to Section 2002.90(a) Illustration W Guideline to Section 2002.90(b) Illustration X Guideline to Section 2002.90(c) Illustration Y Guideline to Section 2002.90(d) Illustration Z Guideline to Section 2002.100(a) Illustration AA Guideline to Section 2002.100(b) Illustration BB Guideline to Section 2002.100(c) Illustration CC Guideline to Section 2002.110 (a) and (b) Illustration DD Guideline to Section 2002.120

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Illustration EE Guideline to Section 2002.130(a) Illustration FF Guideline to Section 2002.130(b) Illustration GG Guideline to Section 2002.140 (a) and (b) Illustration HH Guideline to Section 2002.150 Illustration II Guideline to Section 2002.160(a)(1) Illustration JJ Guideline to Section 2002.160(a)(2) Illustration KK Guideline to section 2002.160(a)(4) Illustration LL Guideline to Section 2002.160(b) Illustration MM Guideline to Section 2002.160© Illustration NN Guideline to Section 2002.170 Part #: 2003 Use of the Terms "Noncancellable," "Noncancellable and Guaranteed Renewable," and "Guaranteed Renewable" Section: 10 Authority Section: 20 Applicability Section: 25 Definitions Section: 30 Requirements if the Term "Noncancellable", etc. Is Used in a Policy or Advertisement Section: 40 Requirements if the Term "Guaranteed Renewable" Is Used in a Policy or Advertisement Section: 50 Synonyms Section: 60 Medicare Exception Section: 70 Other Guarantees Section: 80 Effective Date Chapter: I Department of Insurance Part #: 2004 Accident and Health Reserves (Amended at 44 Ill. Reg. 2572, effective January 21, 2020) Section: 5 Authority Section: 7 Definitions Section: 10 Application and Effective Date Section: 20 Active Life Reserves - Individual Policies Section: 30 Active Life Reserves - Group Policies Section: 40 Claim Reserves - Present Value of Amounts Not Yet Due on Claims Section: 50 Policies Issued Prior to Operative Date of Section 353 Chapter: I Department of Insurance Sub Chapter: z Accident and Health Reserves Part #: 2005 Pre-Existing Illness Section: 10 Authority Section: 20 Applicability Section: 30 The Minimum Definition of Pre-existing Illness or Pre-existing Condition Section: 40 Application of the Definition Section: 50 Policy Form Requirements Section: 60 Effective Date

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Part #: 2006 Required Benefits for Mental, Emotional or Nervous Disorders (Repealed at 42 Ill. Reg. 7918, effective April 30, 2018) Part #: 2007 Minimum Standards of Individual Accident and Health Insurance Section: 10 Authority Section: 20 Purpose Section: 30 Applicability Section: 40 Revision of Noncomplying Policy Form and Subscriber Contracts Certificate of Compliance Required Section: 50 Definitions Section: 60 Prohibited Policy Provisions Section: 70 Accident and Health Minimum Standards for Benefits Section: 80 Required Disclosure Provisions Section: 90 Requirements for Replacement Section: 110 Severability Chapter: I Department of Insurance Sub Chapter: z Accident and Health Insurance Part #: 2008 Minimum Standards for Individual and Group Medicare Supplement Insurance Sub Part A General Provisions Section: 10 Authority Section: 20 Purpose Section: 30 Applicability and Scope Section: 35 Effective Date (Repealed) Section: 40 Definitions Sub Part B Coverage, Policy & Benefit Provisions Section: 45 Creditable Coverage Section: 50 Policy Definitions and Terms Section: 60 Policy Provisions Section: 61 Benefit Conversion Requirements During Transition (Repealed) Section: 63 Standard Medicare Supplement Benefit Plans for 2020 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery to Individuals Newly Eligible for Medicare on or after January 1, 2020 Section: 64 Benefit Standards for 2010 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery with an Effective Date for Coverage on or after June 1, 2010 Section: 67 Standard Medicare Supplement Benefit Plans for 2010 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery with an Effective Date for Coverage one or after June 1, 2010 Section: 70 Minimum Benefit Standards for Pre – Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery Prior to February 11, 1992 Section: 71 Benefit Standards for 1990 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued or Delivered after February 11, 1992 and with an Effective Date for Coverage Prior to June 1, 2010

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 72 Standard Medicare Supplement Benefit Plans for 1990 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued or Delivered after February 11, 1992 and with an Effective Date for Coverage Prior to June 1, 2010 Section: 73 Medicare Select Policies and Certificates Sub Part C Enrollment & Eligibility Section: 74 Open Enrollment Section: 75 Guaranteed Issue for Eligible Persons Sub Part D Claims, Refunds & Credits Section: 76 Standards for Claims Payment Section: 80 Loss Ratio Standards and Refund or Credit of Premium Sub Part E Rates, Compensation Agreements, Disclosure, Replacement & Marketing Section: 81 Filing and Approval of Policies and Certificates and Premium Rates Section: 82 Permitted Compensation Arrangements Section: 90 Required Disclosure Provisions Section: 91 Instructions for Use of the Disclosure Statements for Health Insurance Policies Sold to Medicare Beneficiaries that Duplicate Medicare Section: 100 Requirements for Application Forms and Replacement Coverage Section: 101 Standards for Marketing Section: 102 Appropriateness of Recommended Purchase and Excessive Insurance Sub Part F Reporting & Prohibitions Section: 103 Reporting of Multiple Policies Section: 104 Prohibition Against Preexisting Conditions, Waiting Periods Elimination Periods and Probationary Periods in Replacement Policies or Certificates Sub Part G Miscellaneous Provisions Section: 110 Severability Section: 120 Effective Date (Repealed) APPENDIX A Policy Checklist APPENDIX B Outline of Medicare Supplement Coverage-Cover Page for Medicare Supplement Plans Sold prior to June 1, 2010 APPENDIX C Plan A (for plans issued on or prior June 1, 2010) APPENDIX D Plan B (for plans issued on or prior June 1, 2010) APPENDIX E Plan C (for plans issued on or prior June 1, 2010) APPENDIX F Plan D (for plans issued on or prior June 1, 2010) APPENDIX G Plan E (not available after May 31, 2010) APPENDIX H Plan F or High Deductible Plan F (for plans issued on or prior June 1, 2010) APPENDIX I Plan G (for plans issued on or prior June 1, 2010) APPENDIX J Plan H (not available after May 31, 2010) APPENDIX K Plan I (not available after May 31, 2010) APPENDIX L Plan J or High Deductible Plan J (not available after May 31, 2010) APPENDIX M Plan K (for plans issued on or prior June 1, 2010) APPENDIX N Plan L (for plans issued on or prior June 1, 2010)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE APPENDIX O Notice of Medicare Changes (Renumbered) APPENDIX P Medicare Supplement Policies Report (Renumbered) APPENDIX Q Disclosure Statements (Renumbered) APPENDIX R Notice to Applicant Regarding Replacement of Medicare Supplement Insurance or Medicare Advantage APPENDIX S Medicare Supplement Refund Calculation Format APPENDIX T Notice of Medicare Changes APPENDIX U Medicare Supplement Policies Report APPENDIX V Disclosure Statements APPENDIX W Outline of Medicare Supplement Coverage – Cover Page for Medicare Supplement Plans Sold on or after June 1, 2010 APPENDIX AA Plan A (for plans issued on or after June 1, 2010) APPENDIX BB Plan B (for plans issued on or after June 1, 2010) APPENDIX CC Plan C (for plans issued on or after June 1, 2010) APPENDIX DD Plan D (for plans issued on or after June 1, 2010) APPENDIX EE Plan F or High Deductible Plan F (for plans issued on or after June 1, 2010) APPENDIX FF Plan G or High Deductible Plan G (for plans issued on or after June 1, 2010) APPENDIX GG Plan K (for plans issued on or after June 1, 2010) APPENDIX HH Plan L (for plans issued on or after June 1, 2010) APPENDIX II Plan M (for plans issued on or after June 1, 2010) APPENDIX JJ Plan N (for plans issued on or after June 1, 2010) Chapter: I Department of Insurance Sub Chapter: z Accident and Health Insurance Part #: 2009 Group Coordination of Benefits Section: 10 Purpose and Applicability Section: 20 Definitions Section: 30 Model COB Contract Provision Section: 40 Standards for Coordination of Benefits Section: 50 Procedure to be Followed by Secondary Plan Section: 60 Miscellaneous Provisions EXHIBIT A Model COB Provisions Part #: 2010 Advertisements of Medicare Supplement Insurance Section: 10 Purpose Section: 20 Applicability Section: 30 Definitions Section: 40 Methods of Disclosure of Required Information Section: 50 Form and Content of Advertisements Section: 60 Advertisements of Benefits, Losses Covered or Premiums Payable Section: 70 Necessity for Disclosing Policy Provisions Relating to Renewability, Cancellability and Termination Section: 80 Testimonials or Endorsements by Third Parties Section: 90 Use of Statistics Section: 100 Disparaging Comparisons and Statements

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 110 Jurisdictional Licensing and status of Insurer Section: 120 Identity of Insurer Section: 130 Group or Quasi-Group Implications Section: 140 Introductory, Initial or Special Offers Section: 150 Statements About an Insurer Section: 160 Enforcement Procedures Section: 170 Filing Requirements for Advertising APPENDIX A Interpretive Guidelines Illustration A Guideline to Section 2010.30 Illustration B Guideline to Section 2010.30(a)(1) Illustration C Guideline to Section 2010.30(I) Illustration D Guideline to Section 2010.40 Illustration E Guideline to Section 2010.50(a) Illustration F Guideline to Section 2010.50(b) Illustration G Guideline to Section 2010.60(a)(1) Illustration H Guideline to Section 2010.60(a)(2) Illustration I Guideline to Section 2010.60(a)(4) Illustration J Guideline to Section 2010.60(a)(5) Illustration K Guideline to Section 2010.60(b)(1) Illustration L Guideline to Section 2010.60(c)(1) Illustration M Guideline to Section 2010.60(c)(2) Illustration N Guideline to Section 2010.70 Illustration O Guideline to Section 2010.80(a) Illustration P Guideline to Section 2010.80(c) Illustration Q Guideline to Section 2010.90(a) Illustration R Guideline to section 2010.90(c) Illustration S Guideline to Section 2010.100 Illustration T Guideline to Section 2010.110(a) Illustration U Guideline to Section 2010.110(b) Illustration V Guideline to Section 2010.140(a)(1) Illustration W Guideline to section 2010.140(a)(2) Illustration X Guideline to Section 2010.140(a)(4) Illustration Y Guideline to Section 2010.150 Part #: 2011 Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Medicare Program Revisions (Repealed at 19 Ill. Reg. 15659, effective November 6, 1995) Part #: 2012 Traditional Long-Term Care Insurance Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Policy Definitions Section: 50 Policy Practices and Provisions Section: 55 Unintentional Lapse Section: 60 Required Disclosure Provisions Section: 62 Required Disclosure of Rating Practices to Consumers

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 64 Initial Filing Requirements Section: 65 Prohibition Against Post Claims Underwriting Section: 70 Minimum Standards for Home Health and Community Care Benefits in Long-Term Care Insurance Policies Section: 80 Requirement to Offer Inflation Protection Section: 83 Incontestability Period Section: 86 Nonforfeiture Benefits Section: 90 Requirements for Application Forms and Replacement Coverage Section: 95 Reporting Requirements Section: 100 Filing Requirement Section: 110 Loss Ratio Section: 112 Premium Rate Schedule Increases Section: 115 Filing Requirements for Advertising Section: 120 Reserve Standards Section: 121 Producer Training Requirements Section: 122 Standards for Marketing Section: 123 Suitability Section: 124 Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates (Renumbered) Section: 125 Availability of New Services or Providers Section: 126 Right to Reduce Coverage and Lower Premiums (Renumbered) Section: 127 Nonforfeiture Benefit Requirement Section: 128 Standards for Benefit Triggers Section: 129 Additional Standards for Benefit Triggers for Qualified Long-Term Care Section: 130 Standard Format Outline of Coverage Requirements Section: 140 Requirement to Deliver Shopper's Guide Section: 145 Long – Term Care Insurance Partnership Program Section: 150 Penalties EXHIBIT A Replacement Notice for Other Than Direct Response Solicitations EXHIBIT B Replacement Notice for Direct Response Solicitations EXHIBIT C Standard Format Outline of Coverage EXHIBIT D Rescission Reporting Format EXHIBIT E Class of Insurance – Accident and Health EXHIBIT F Long-Term Care Insurance Personal Worksheet EXHIBIT G Things You Should Know Before You Buy Traditional Long- Term Care Insurance EXHIBIT H Long-Term Care Insurance Suitability Letter EXHIBIT I Claims Denial Reporting Format EXHIBIT J Potential Rate Increase Disclosure EXHIBIT K Replacement and Lapse Reporting Form EXHIBIT L Long – Term Care Insurance Partnership Notice EXHIBIT M Long – Term Care Insurance Partnership Form Part #: 2013 Group Coverage Discontinuance and Replacement Section: 10 Authority Section: 20 Scope

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 30 Definitions Section: 40 Effective Date of Discontinuance for Non-Payment of Premium Section: 50 Requirements for Notice of Discontinuance Section: 60 Extension of Benefits Section: 70 Continuance of Coverage in Situations Involving Replacement of One Group Contract by Another Part #: 2014 Small Employer Group Health Insurance ( Repealed at 38 Ill. Reg. 2211, effective January 2, 2014) Part #: 2015 Infertility Coverage Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 35 Benefit Limitation/Oocyte Retrieval Limitation Section: 40 Oocyte Retrieval Limitation (Repealed) Section: 43 Donor Expenses Section: 50 Minimum Benefit Standards Section: 60 Permissible Exclusions Part #: 2016 Mastectomies Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Required Coverage for Reconstructive Surgery Following Mastectomies Section: 40 Notice of Coverage Section: 50 Prohibitions Section: 60 Provider Reimbursement Part #: 2017 Uniform Medical Claim and Billing Forms Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Requirements for Use of HCFA Form 1500 Section: 50 Requirements for Use of UB92/HCFA Form 1450 Section: 60 Requirements for Use of J510/J511/J512 Form Section: 70 General Provisions Part #: 2018 Long-Term Care Partnership Insurance (Repealed at 32 Ill. Reg. 7715, effective May 5, 2008) Part #: 2019 Minimum Benefit Standards for Diabetes Coverage Section: 10 Purpose

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Minimum Benefit Standards Chapter I Department of Insurance Sub Chapter z Accident and Health Insurance Part #: 2020 Reimbursement Provision Contained in Individual and Group Accident and Health Policies (Recodification at 39 Ill. Reg. 5898) Section: 10 Scope Section: 20 Purpose Section: 30 Definitions Section: 40 Reimbursement Provision Section: 50 Subrogation Provision Section: 100 Effective Date for Existing Policies Part #: 2021 Group Health Policy Mandate Applicability To Nonresident Certificate Holders Not Employed in Illinois (Recodification at 39 Ill. Reg. 5900) Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Filing and Disclosure Requirements Section: 50 Out-of-State Certificate Policy Forms That Require Illinois Approval Part #: 2025 Illinois Health Insurance Portability and Accountability Standards Section: 10 Purpose Section: 20 Applicability and Scope Section: 30 Definitions Section: 40 Notice Requirement to the Division Section: 50 Uniform Modification of Coverage Section: 60 Uniform Termination of Coverage Section: 70 Discontinuance of a Market Section: 80 Rescission in the Small Group Market Section: 90 Certificate of Credible Coverage Section: 100 Penalty Provisions Part #: 2026 Premium Increase Justification and Reporting Section: 5 Purpose and Scope Section: 10 Definitions Section: 20 Applicability Section: 30 Rate Increases Subject to Review Section: 40 Unreasonable rate Increases Section: 50 Submission of Rate Filing Justification Section: 60 Determination of an Unreasonable Rate Increase Part #: 2028 Confidentiality Protocols for Request and Receipt of Claim Information by Alternative Means

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 5 Purpose Section: 10 Applicability Section: 20 Definitions Section: 30 Confidentiality Protocol Section: 40 Notice Part #: 2030 Standard Health Applications (Repealed at 39 Ill. Reg. 8282, effective June 1, 2015) Part #: 2040 Temporary Health Coverage Requirements during an Epidemic or Public Health Emergency (Adopted by emergency rulemaking at 44 Ill. Reg. 7766, effective April 16, 2020 For a maximum of 150 days) Section: 10 Purpose EMERGENCY Section: 20 Applicability EMERGENCY Section: 30 Definitions EMERGENCY Section: 40 Grace Periods and Terminations for Nonpayment Premium EMERGENCY Section: 50 Employee Eligibility for Existing Group Coverage EMERGENCY Section: 60 Minimum Employment Required for Statutory Continuation Coverages EMERGENCY Section: 70 Special Enrollment Effective Date for Off-Exchange Coverage EMERGENCY Section: 80 Access to Covered Prescription Drugs EMERGENCY Part #: 2051 Preferred Provider Program Administrators (Repealed at 34 Ill. Reg. 161, effective December 16, 2009) Chapter: I Department of Insurance Sub Chapter: z Accident and Health Insurance Part #: 2051 Preferred Provider Program

    Section: 210 Purpose Section: 220 Definitions Section: 230 Administrators Not to Assume Underwriting Risk Section: 240 Registration, Renewals and Appeals Section: 250 Fees Section: 260 Administrator Requirements Section: 270 Organizational Requirements Section: 280 Health Care Preferred Provider Program Administrator Payor Agreements

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE

    Section: 285 Workers’ Compensation Preferred Provider Program Payor Agreements Section:290 Health Care Preferred Provider Program Administrator Provider Agreements Section: 300 Requirements for Agreements with Other Administrators Section: 310 Health Care Preferred Provider Program Administrator Network Availability and Adequacy Requirements Section: 315 Workers’ Compensation Network Availability and Adequacy Requirements Section: 320 Discounted Health Care Services Plan Requirements Section: 330 Insurer Requirements Section: 340 Fiduciary and Bond Requirements Section: 350 Maintenance of Records Section: 360 Advertising and Solicitation Section: 370 Examination

    APPENDIX A Health Care Preferred Provider Program Administrator Registration Form (Repealed)

    APPENDIX B Discounted Health Care Services Plan Only Registration APPENDIX C Insurer Filing Requirements (Repealed) APPENDIX D Workers’ Compensation Preferred Provider Program

    Administrator Registration Form (Repealed) APPENDIX E Illinois or NAIC Biographical Affidavit (Renumbered) APPENDIX F Preferred Provider Program Administrator Bond/Fiduciary

    Account Requirement (Renumbered) (Repealed) Chapter: I Department of Insurance Sub Chapter: aa Assessment Accident and Assessment and Health Companies Part #: 2101 Legal Reserve Life Blank (Repealed at 39 Ill. Reg. 8826, effective June 1, 2015) Chapter: I Department of Insurance Sub Chapter: bb Casualty Insurance, Fidelity Bonds and Surety Contracts Part #: 2201 Loss and Loss Reserves Section: 5 Purpose Section: 10 Application and Scope Section: 20 Definitions Section: 30 Loss and Loss Expense Reserves Chapter: I Department of Insurance Sub Chapter: cc Fire and Marine Insurance Part #: 2301 Standard Fire Policy Section: 10 Authority Section: 20 Scope Section: 30 Form Section: 40 Information To Be Printed on Policy Section: 50 Contingent Liability of Members or Subscribers Section: 60 Contracts or Endorsements Against Other Perils

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 70 Binder or Other Contract for Temporary Insurance Section: 80 Filing of Form Section: 90 Applicability Section: 100 Policy Conformance Section: 110 Optional Information Part #: 2302 Required Procedures for Group Inland Marine Insurance Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Procedure Section: 50 Severability Provision Section: 60 Effective Date EXHIBIT A Illinois Departmental Regulations Part #: 2303 Arson Fraud Detection Reporting System Section: 10 Authority Section: 20 Purpose and Scope Section: 30 Definitions Section: 40 Procedure Section: 50 Severability Provision EXHIBIT A Property Insurance Loss Register Chapter: I Department of Insurance Sub Chapter: dd Director of Insurance, Hearing and Review Part #: 2401 Agreements for Apportionment of Property and Casualty Insurance Section: 10 Authority Section: 20 Plan of Operation Section: 30 Unfair Method of Competition Section: 40 Effective Date Part #: 2402 Administrative Hearing Procedures Section: 10 Authority Section: 20 Applicability Section: 30 Definitions Section: 40 Filing Section: 50 Form of Documents Section: 60 Computation of Time Section: 70 Appearances

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 80 Notice of Hearing Section: 90 Service of the Notice of Hearing Section: 100 Motion and Answer Section: 110 Consolidation and Severance of Matters--Additional Parties Section: 120 Intervention Section: 130 Postponement on Continuance of Hearing Section: 140 Authority of a Hearing Officer Section: 150 Bias or Disqualification of Hearing Officer Section: 160 Prehearing Conferences Section: 170 Discovery Section: 180 Subpoenas Section: 190 Conduct of the Hearing Section: 200 Default Section: 210 Evidence Section: 220 Official Notice Section: 230 Hostile Witnesses Section: 240 Transcription of Proceedings Section: 250 Briefs Section: 260 Hearing Officer's Findings, Opinions, and Recommendations Section: 270 Order of the Director Section: 280 Rehearings Section: 290 Ex Parte Contacts Section: 295 Cancellation/Non-Renewal Hearing Section: 300 Existing Statutory or Department Procedures and Practices Part #: 2403 Producer Felony Review Section: 10 Purpose Section: 20 Applicability Section: 30 Review Standards Part #: 2405 Intergovernmental Joint Insurance Pool Annual Audited Financial Statement Section: 10 Purpose Section: 20 Definitions Section: 30 Registration Section: 40 Financial Statements Part #: 2410 Administrative Dissolutions or Withdrawal of Statutory Deposit Section: 10 Purpose Section: 20 Applicability Section: 30 Exemption Section: 40 Definitions Section: 50 Initial Administrative Dissolution or Withdrawal Filing Requirements Section: 60 Plan of Dissolution or Withdrawal of Statutory Deposit Section: 70 Final Filing Requirements Section: 80 Administrative Dissolution

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Chapter: I Department of Financial and Professional Regulation Sub Chapter: ee Fees, Charges and Taxes Part #: 2500 General Provisions (Amended at 44 Ill. Reg. 3419, effective February 24, 2020) Section: 10 Purpose Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions Section: 50 Hearings Section: 60 Computation of Time and Time of Filing Section: 70 Form of Payment Section: 80 Calculation Guidelines Section: 90 Fees and Charges Section: 100 Annual Privilege Tax Section: 110 Annual Retaliatory Tax Section: 120 Overpayments and Amendments Section: 130 Cash Refunds Section: 140 Transfer of Overpayments Chapter: I Department of Insurance Sub Title ee Fees, Charges and Taxes Part #: 2501 Fees for Examination (Repealed at 23 Ill. Reg. 14698, effective December 14, 1999) Part #: 2502 Fees for Various Certificates Under Section 408 ( Repealed at 13 Ill. Reg. 12053, effective July 21, 1989) Part #: 2505 Fees and Charges (Repealed at 44 Ill. Reg. 3445, effective February 24, 2020) Section: 10 Purpose (Repealed) Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions (Repealed) Section: 50 Fees and Charges (Repealed) Section: 55 Fees for Not Sufficient Funds (NSF) Check (Repealed) Section: 60 Performance (Market Conduct) Examination Expenses and Fees (Repealed) Section: 70 Financial Regulation Fee for Domestic Companies (Repealed) Section: 80 Financial Regulation Fee for Foreign and Alien Companies (Repealed) Section: 90 Financial Examination Expenses and Fees (Repealed) Section: 100 Payment Due Date of Fees and Charges (Repealed) Section: 110 Civil Penalties and Interest (Repealed) Section: 120 Hearings (Repealed) Illustration A Calculation of Financial Regulation Fee for Affiliated Domestic Companies (Repealed) Illustration B Calculation of Financial Regulation Fee for Affiliated Foreign or Alien Companies (Repealed)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Chapter: I Department of Insurance Sub Chapter: ee Fees, Charges and Taxes Part #: 2510 Annual Privilege Tax (Repealed at 44 Ill. Reg.3447 , effective February 24, 2020) Section: 10 Purpose (Repealed) Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions (Repealed) Section: 50 Calculation of the Annual Retaliatory Tax Amount (Repealed) Section: 60 Payment Schedule for the Annual Retaliatory Tax (Repealed) Section: 70 Filing Supplemental Retaliatory Tax Return (Repealed) Section: 80 Annual Retaliatory Tax Return and Quarterly Statement Filing Requirements (Repealed) Section: 90 Civil Penalties and Interest (Repealed) Section: 100 Hearings (Repealed) Section: 110 Purpose (Repealed) Section: 120 Applicability (Repealed) Illustration A Calculation of the Annual Privilege Tax (Repealed) Illustration B Unitary Group Allocation Calculation (Repealed) Illustration C Annual Privilege and Retaliatory Tax Return and Quarterly Tax Statement (Repealed) Illustration D Direct Business in the State of Illinois (Repealed) Part #: 2515 Annual Retaliatory Tax (Repealed at 44 Ill. Reg. 3449, effective February 24, 2020) Section: 10 Purpose (Repealed) Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions (Repealed) Section: 50 Calculation of the Annual Retaliatory Tax Amount (Repealed) Section: 60 Payment Schedule for the Annual Retaliatory Tax (Repealed) Section: 70 Filing Supplemental Retaliatory Tax Return (Repealed) Section: 80 Annual Retaliatory Tax Return and Quarterly Statement Filing Requirements (Repealed) Section: 90 Civil Penalties and Interest (Repealed) Section: 100 Hearings (Repealed) Illustration A Annual Privilege and Retaliatory Tax Returns and Quarterly Tax Statements (Repealed) Illustration B Supplemental Retaliatory Tax Return (Repealed) Part #: 2520 Annual State Fire Marshal Tax (Repealed at 44 Ill. Reg. 3451, effective February 24, 2020) Section: 10 Purpose (Repealed) Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions (Repealed) Section: 50 Calculation of the state Fire Marshal Tax (Repealed)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 60 Payment Schedule for the State Fire Marshal Tax (Repealed) Section: 70 State Fire Marshal Tax Return Filing Requirements (Repealed) Section: 80 Civil Penalties and Interest (Repealed) Section: 90 Hearings (Repealed) Illustration A Annual State Fire Marshal Tax Return (Repealed) Part #: 2525 Overpayments, Refunds, Amendments and Penalties (Repealed at 44 Ill. Reg. 3453, effective February 24, 2020) Section: 10 Purpose (Repealed) Section: 20 Applicability (Repealed) Section: 30 Severability (Repealed) Section: 40 Definitions (Repealed) Section: 45 Calculation of the 6-Year Period Limitation (Repealed) Section: 50 Overpayments Concerning the Annual Privilege and Retaliatory Taxes (Repealed) Section: 60 Overpayments for All Other Fees, Charges or Taxes (Repealed) Section: 70 Amended Returns (Repealed) Section: 80 Cash Refund of Taxes Assessed Pursuant to Sections 409, 444 and 444.1 of the Code (Repealed) Section: 85 Cash Refund of Other Fees, Taxes and Charges (Repealed) Section: 90 Transfer of Overpayments (Repealed) Section: 100 Penalty Assessment (Repealed) Section: 110 Hearings (Repealed) Illustration A Notice to Transfer a Privilege or Retaliatory Tax Overpayment (Repealed) Illustration B Notice to Transfer a Surplus Lines Tax Overpayment (Repealed) Illustration C Notice to Transfer a State Fire Marshal Tax Overpayment (Repealed) Chapter: I Department of Insurance Sub Chapter: ff Unfair Methods of Competition Part #: 2601 Billing Procedures Section: 10 Authority Section: 20 Effective Date - Requirements Section: 30 Applicable only to Private Passenger Automobile Coverages Section: 40 Definition of Private Passenger Automobile Part #: 2602 Limits Use of Benefits to Adjust or Correct Prior Benefits Paid Section: 10 Authority Section: 20 Purpose Section: 30 Scope Section: 40 Standards Section: 50 Limitation Section: 60 Exemptions Section: 70 Effective Date

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Part #: 2603 Unfair Discrimination Based on Sex, Sexual Preference or Marital Status Section: 10 Authority Section: 20 Purpose and Scope Section: 25 Definitions Section: 30 Prohibited Practices Section: 35 Prohibited Gender Identity Discrimination Section: 40 Rates Section: 50 Severability Provision Section: 60 Effective Date (Repealed) Chapter: I Department of Financial and Professional Regulation Sub Chapter: ff Unfair Methods of Competition Part #: 2605 Military Sales Practices (Recodified at 41 Ill. Reg. 12926) Section: 10 Purpose Section: 20 Scope Section: 30 Exemptions Section: 40 Definitions Section: 50 Practices Declared False, Misleading, Deceptive or Unfair on a Military Installation Section: 60 Practices Declared False, Misleading, Deceptive or Unfair Regardless of Location Section: 70 Noncompliance Chapter: I Department of Insurance Sub Chapter: gg Final Provisions Part #: 2701 Surplus Line Business Requirements (Recodified from part 2801 at 42 Ill. Reg. 16453) Section: 10 Policies or Contracts of Insurance Section: 20 License Expiration Section: 30 Unauthorized Insurance Section: 40 Maintenance of Funds in Illinois Section: 50 Procurement of Policies or Contracts Section: 60 Record of Efforts to Procure Policies or Contracts Section: 70 Declinations of Artificial Coverage not Acceptable Section: 80 Surplus Line Association of Illinois Section: 90 Separate Records and Accounts Section: 100 License Rejection or Renewal Refusal Section: 110 Service of Process Section: 120 Required Surplus Line Policy Notice Section: 130 Taxes Section: 140 Classes not Subject to Surplus Line Law Illustration A Written Warning to Insureds Part #: 2801 Surplus Line Business Requirements (Recodified to part 2701 at 42 Ill. Reg. 16453)

  • TABLE OF CONTENTS ILLINOIS ADMINISTRATIVE CODE

    Last Updated July 29, 2020

    TITLE 50 INSURANCE Section: 10 Policies or Contracts of Insurance Section: 20 License Expiration Section: 30 Unauthorized Insurance Section: 40 Maintenance of Funds in Illinois Section: 50 Procurement of Policies or Contracts Section: 60 Record of Efforts to Procure Policies or Contracts Section: 70 Declinations of Artificial Coverage not Acceptable Section: 80 Surplus Line Association of Illinois Section: 90 Separate Records and Accounts Section: 100 License Rejection or Renewal Refusal Section: 110 Service of Process Section: 120 Required Surplus Line Policy Notice Section: 130 Taxes Section: 140 Classes not Subject to Surplus Line Law Illustration A Written Warning to Insureds Chapter: I Department of Insurance Sub Chapter: hh Workers’ Compensation and Employer