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(215 ILCS 5/424)
(from Ch. 73, par. 1031)
Unfair methods of competition and unfair or
deceptive acts or
practices defined. The following are hereby
defined as unfair methods of
competition and unfair and
deceptive acts or practices in the business of
(1) The commission by any person of any one or more of the
defined or prohibited by Sections 134, 143.24c, 147, 148,
149, 151, 155.22,
236, 237, 364, and 469 of this Code.
(2) Entering into any agreement to commit, or by any
action committing, any act of boycott, coercion or
resulting in or tending to result in unreasonable
restraint of, or
monopoly in, the business of insurance.
(3) Making or permitting, in the case of insurance of the
enumerated in Classes 1, 2, and 3 of Section 4, any
between individuals or risks of the same
class or of essentially the same
hazard and expense element
because of the race, color, religion, or national
such insurance risks or applicants. The application of this
to the types of insurance enumerated in Class 1 of
Section 4 shall in no way
limit, reduce, or impair the
protections and remedies already provided for by
and 364 of this Code or any other provision of this Code.
(4) Engaging in any of the acts or practices defined in or
Sections 154.5 through 154.8 of this Code.
(5) Making or charging any rate for insurance against
from the use or ownership of a motor vehicle
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which requires a higher
premium of any person by reason of his
physical handicap, race, color,
religion, or national origin.
(6) Advertising or otherwise promoting the sale or
solicitation of a policy of automobile insurance that includes
a statement that a valid driver's license is not required in
order to obtain automobile insurance, followed by the denial of
coverage based on the lack of a valid driver's license when a
claim is made on such policy of automobile insurance.
(Source: P.A. 92-399, eff. 8-16-01; 92-651, eff. 7-11-02;
This Act takes effect upon