Section 916.50  Certification of Compliance

a)         Effective January 1, 2006, each filing transmittal document shall contain a certification that the filing complies with all applicable Illinois statutes.  The certification must carry a readable authentic visible signature of an officer of the company.

b)         Until January 1, 2006, each company shall  submit a "Certificate of Compliance" for all previously approved policy forms on file with the Department.  The certification shall be signed by an officer of the company, identified by title, who has the authority to obligate the company by such signature.  In this manner, the company shall agree and consent to the discontinuance of future use of any approved policy form, 30 days from the date of mailing an order of withdrawal issued by the Director pursuant to Section 143(1) of the Illinois Insurance Code.  The order shall set forth the reasons why such previously approved policy form is violative of or contrary to the provisions of the Illinois Insurance Code or 50 Ill. Adm. Code.  Each company shall have the right to request a hearing within that 30 day period.  Such request shall be made in writing to the Director.  The order of withdrawal shall be stayed and the company shall be given a hearing under such provisions of Sections 143(1), 401(c), 401.1, 402(2), 426 and 429 of the Illinois Insurance Code [215 ILCS 5/143(1), 401(c), 401.1, 402(2), 426 and 429] and 50 Ill. Adm. Code 2402 as may be applicable to determine:

1)         whether such policy form shall be disapproved, and

2)         whether further orders of the Director may be appropriate.

(Source:  Amended at 29 Ill. Reg. 4922, effective March 22, 2005)