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Illinois Compiled Statutes
Information maintained by the Legislative Reference Bureau Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide. Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.
() 215 ILCS 5/370p
(215 ILCS 5/370p) (from Ch. 73, par. 982p)
Sec. 370p.
Failure to register.
Any
administrator subject to this Article who fails to register or pay the fee
required by this Article shall be construed to be an unauthorized insurer as
defined in Article VII of the "Illinois Insurance Code", as now or
hereafter amended, and shall be subject to the penalties contained therein.
(Source: P.A. 84-618.)
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215 ILCS 5/370q
(215 ILCS 5/370q) (from Ch. 73, par. 982q)
Sec. 370q.
To the extent of any conflict between this Article and any
other statutory provision, this Article prevails over the conflicting
provision. Agreements may be entered into under this Article
notwithstanding any policy provision to the contrary.
(Source: P.A. 84-618.)
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215 ILCS 5/370r
(215 ILCS 5/370r) (from Ch. 73, par. 982r)
Sec. 370r.
(Renumbered).
(Source: Renumbered by P.A. 95-331, eff. 8-21-07.)
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215 ILCS 5/370s
(215 ILCS 5/370s)
Sec. 370s.
Managed Care Reform and Patient Rights Act.
All
administrators shall comply with Sections 55 and
85 of the Managed Care Reform and Patient
Rights Act.
(Source: P.A. 91-617, eff. 1-1-00.)
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215 ILCS 5/370t
(215 ILCS 5/370t)
Sec. 370t.
Drug formulary; notice.
All administrators must comply with
Section 155.37 of this Code.
(Source: P.A. 92-440, eff. 8-17-01.)
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215 ILCS 5/Art. XXII
(215 ILCS 5/Art. XXII heading)
ARTICLE XXII.
CASUALTY INSURANCE, FIDELITY BONDS AND SURETY CONTRACTS
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215 ILCS 5/378
(215 ILCS 5/378) (from Ch. 73, par. 990)
Sec. 378.
Scope of
article.
This article shall apply to all companies authorized in this State to
transact the kind or kinds of business enumerated in Class 2 of section
4.
Every such company shall, at all times, maintain reserves in an amount
estimated in the aggregate to provide for the payment of all losses and
claims incurred, whether reported or unreported, which are unpaid and for
which such company may be liable, and to provide for the expenses of
adjustment or settlement of such losses and claims. Such reserves shall be
computed in accordance with regulations made from time to time by the
Director after notice and hearing, upon reasonable consideration of the
ascertained experience and the character of such kinds of business for the
purpose of adequately protecting the insured and securing the solvency of
such company.
Whenever the loss and loss expense experience of such company shows the
reserves, calculated in accordance with such regulations, to be inadequate,
the Director may require such company to maintain additional reserves.
Each company that writes liability or compensation policies shall
include in the annual statement required by law, a schedule of its
experience thereunder in such form as the Director may prescribe.
(Source: Laws 1967, p. 1812.)
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215 ILCS 5/379.1
(215 ILCS 5/379.1) (from Ch. 73, par. 991.1)
Sec. 379.1.
Unearned premium reserve.
Every insurance company authorized to transact in this State any of the
kind or kinds of business enumerated in Class 2 of Section 4 except
accident and health insurance shall maintain an unearned premium reserve on
all policies and bonds in force which shall be calculated in the manner
described in Section 393.1 of this Code.
(Source: Laws 1967, p. 1745.)
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215 ILCS 5/388
(215 ILCS 5/388) (from Ch. 73, par. 1000)
Sec. 388.
Standard provision for liability policies - Provisions forbidden.
No policy of insurance against liability or indemnity for loss or damage
to any person other than the insured, or to the property of any person
other than the insured, for which any insured is liable, shall be issued or
delivered in this State after July 1, 1937, by any
company subject to this Article unless it contains in substance a provision
that the insolvency or bankruptcy of the insured shall not release the
company from the payment of damages for injuries sustained or death
resulting therefrom, or loss occasioned during the term of such policy, and
stating that in case a certified copy of a judgment against the
insured is returned unsatisfied
in any action brought by the injured person or his or her personal
representative in case death results from the accident because of such
insolvency or bankruptcy, then an action may be maintained by the injured
person or his or her personal representative against such company under the
terms of the policy and subject to all of the conditions thereof for the
amount of the judgment in such action not exceeding the amount of the
policy.
No policy of insurance against liability or indemnity for loss or damage
arising as a result of the operation of Section 6-21 of "An Act
relating to alcoholic liquors", approved January 31, 1934, as amended,
shall contain a provision or provisions which exempt the company from
liability if the damage sustained was the result of the sale or giving away
of alcoholic liquor to a minor.
(Source: P.A. 84-546.)
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215 ILCS 5/388-1
(215 ILCS 5/388-1) (from Ch. 73, par. 1000-1)
Sec. 388-1.
No company selling insurance defined in clause (b) of class 2 of
Section 4 may require a policyholder to take a physical examination as a
condition for renewal of such policy if the policyholder has been
insured by the company for 5 years or longer, unless the company pays
the cost of such physical examination, and the physical examination is
given by a physician chosen by the policyholder.
(Source: P.A. 78-703.)
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215 ILCS 5/388a
(215 ILCS 5/388a) (from Ch. 73, par. 1000a)
Sec. 388a.
Group
vehicle insurance defined.
(a) Group vehicle insurance is declared to be that form of vehicle
insurance
covering not less than 10 employees, members, or employees of members,
written under a master policy issued to any governmental corporation, unit,
agency or department thereof, or to any corporation, co-partnership,
individual employer, or to any association upon application of an executive
officer or trustee of such association having a constitution or by-laws and
formed in good faith for purposes other than that of obtaining insurance,
where officers, members, employees, employees of members or classes or
department thereof, may be insured for their individual benefit. In
addition a group vehicle policy may be written to insure any group which
may be insured under a group life insurance policy. The term "employees"
shall include the officers, managers and employees of subsidiary or
affiliated corporations, and the individual proprietors, partners and
employees of affiliated individuals and firms, when the business of such
subsidiary or affiliated corporations, firms or individuals, is controlled
by a common employer through stock ownership, contract or otherwise.
(b) A group vehicle insurance policy may provide physical damage coverage,
liability coverage, or a combination of physical damage and
liability
coverage. A group
physical damage policy and a certificate incidental to that policy, issued
in accordance with this Section, does not meet the mandatory insurance
requirements under the Illinois Vehicle Code and must contain a warning to the
consumer
that the policy does not comply with those requirements.
(Source: P.A. 88-313.)
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215 ILCS 5/388b
(215 ILCS 5/388b) (from Ch. 73, par. 1000b)
Sec. 388b.
Group
vehicle insurance authorized.
Any insurance company authorized to write vehicle insurance in this
State, as authorized by clause (b) of Class 2 and clause (e) of Class 3 of
Section 4, shall have
power to issue group vehicle policies. Group vehicle insurance policies
shall be subject to the filing requirements of Section 143 and shall include
the provisions required by Sections 388c through 388f of this Code. A group
vehicle insurance policy that provides liability coverage shall comply with the
requirements of Section 7-317 of the Illinois Vehicle Code.
(Source: P.A. 88-313.)
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215 ILCS 5/388c
(215 ILCS 5/388c) (from Ch. 73, par. 1000c)
Sec. 388c.
"Entire
contract" specified.
Each group vehicle insurance policy shall provide that the policy, the
application of the employer, or executive officer or trustee of any
association, and the individual applications, if any, of the employees,
members or employees of members insured shall constitute the entire
contract between the parties, and that all statements made by the employer,
or the executive officer or trustee, or by the individual employees,
members or employees of members shall, in the absence of fraud, be deemed
representations and not warranties, and that no such statement shall be
used in defense to a claim under the policy, unless it is contained in a
written application.
(Source: P.A. 77-1576.)
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